CeBu CeBoom CeBlog

From Businessworldonline

Cebu City-Planters Development Bank has invested up to P350 million for a 40-hectare small and medium enterprise (SME) industrial park in Naga town, a first-class municipality about 22 kilometers south of this city.

The new industrial zone is within the 25-hectare New Cebu Township One special economic zone developed by MRC Allied Industries, Inc. in Naga.

Jesus P. Tambunting, Plantersbank chairman and chief executive officer, said they were open to buying additional lots from MRC to accommodate more SMEs.

Plantersbank offers financing to sell the lots, ranging from 1,000 square meters to two hectares, to SMEs. Eight companies have bought lots from Plantersbank prior to yesterday’s launching ceremonies.

“Plantersbank believes that Cebu is the center of SME operations in the country. We are optimistic in the prospects of Cebu, especially with the province’s export sector,” Mr. Tambunting said.

More…

The construction of a new beach villa in Tuburan, Cebu is viewed as a “job generator” for the town’s residents, a public official said Monday.

Vice Mayor Rose Marie Suezo said the presence of the Apalan Beach Villas will enable jobless locals to find another way of providing for the needs of their families.

“Although there were no specific conversations with the developers on the terms of giving jobs to the locals, I am hopeful that they (developers) will help us,” Suezo told Cebu Daily News.

More…

An online trading firm is expanding its reach to Cebu and other key cities in the Visayas through seminars on investing in the stock market.

Dino Bate, president and chief executive officer of Citiseconline.com Inc. (COL), said despite Cebu being the second biggest metropolis after Metro Manila only a few Cebuanos know how to invest in the stock market.

To help Cebuanos in this aspect, CitisecOnline experts held a seminar on the basics on investing in the stock market most especially on retail investors. More…

Kiwanis Club of Cebu announced its search for Cebu City’s Outstanding Policemen for its exemplary achievements at the White Gold House yesterday.

The award given in cooperation with the Cebu City Police Office and the Cebu City government aims to encourage policemen to perform their duties diligently and conscientiously.

Kiwanis Club of Cebu president William Medici said the club can only afford to honor a few policemen in their efforts to balance their public and private lives.

Last year, only two policemen received the award. They were Senior Inspector George Ylanan, chief of the Criminal Investigation and Intelligence Bureau, and Senior Police Officer 3 Isagani Pugoy, an operative of the Theft and Robbery Section.

The annual search, which is now on its 19th year, had Cebu City Mayor Tomas Osmeña as its special guest in Tuesday’s launching. CDN Cebu

Read more..