DAVAO CITY — The local government will be setting up agricultural centers in the Paquibato and Marilog districts, remote and upland areas that can be developed for the production of cash crops such as semi-temperate vegetables.
Feb 062014
Feb 062014
PROPERTY developer Rockwell Land has finally entered Cebu with their 32 Sanson residential project as its introductory development outside Metro Manila. The P2-billion project will sit on a 3.2-hectare property in Lahug, where a furniture factory owned by the Aboitiz family used to operate. Rockwell bought the land in 2012, said 32 Sanson general manager Paolo Ernesto V. Reyes. Rockwell president and chief executive officer Nestor J. Padilla told Sun.Star Cebu in a separate interview that the company has chosen to build in Lahug because of its proximity to vital business districts and prominent schools, “while at the same time remaining tranquil and private.” The 32 Sanson project will introduce Rockwell’s low-rise development, which Reyes said has been matched to its surroundings, encircled with greenery. Reyes said there will be five structures of five floors each; all are set to be completed in 2016. Natural “Rockwell’s expansion outside of Manila was a natural step following our expansion throughout Metro Manila. After the positive reception Rockwell received in Ortigas, Quezon City, and San Juan, we were truly eager to venture out regionally,” said Padilla. Rockwell has already completed eight residential projects since it started in the 1990s. Currently, it has six ongoing residential developments. The developer has also ventured into commercial developments, with two already completed and one ongoing project, still concentrated in Metro Manila. “The vibrant city of Cebu has always been attractive to Rockwell. Its booming economy, relaxed lifestyle and lively personality was something Rockwell sought to participate in,” Read More …
Feb 042014
THE HOUSE of Representatives approved on third and final reading two bills declaring Catanduanes province and Cagayan de Oro City mining-free zones, late Monday.
Feb 032014
THE GOVERNMENT will no longer entertain complaints from losing bidders for its automatic ticketing project, with a transport official saying that only a court order can stop the contract’s awarding process.
Feb 032014
CAGAYAN DE ORO — The target deadline to have lights and air navigation equipment fully installed and operational at the Laguindingan International Airport has been moved from June to November.
Feb 032014
CONSIDERING taxpayers’ never-ending obligation to pay taxes, it behooves them to keep pace with the different regulations issued by the Office of the Commissioner of Internal Revenue, and more essentially, to properly understand and fully recognize the correct interpretation of these regulations.
Feb 032014
MANILA, Philippines – As the world welcomes the “Year of the Horse,” Pinoy netizens will find it useful to download the Malayan Insurance mobile application either at the Google Play store or at the Apple App store. Malayan’s pioneering insurance mobile app is equipped with a “Feng Shui Advisor” which provides users with a handy fortune calculator, every week. “We made sure our mobile application features a Feng Shui advisor because Filipinos love to have some fun using digital applications. Also this Feng Shui advisor is one of Malayan’s trademark features in its annual planner, reflecting our Filipino-Chinese roots and advertising message of insuring for various life events,” said Aldous Anacion, Malayan’s digital marketing head. “You will not find this anywhere in the world,” he added, noting the uniqueness of the application to the Philippines. He said the company’s Feng Shui planner which the company gives to its clients and agents, has been available since 1981. “Our mobile app also comes with a horoscope to guide that users may consult regarding their lifestyle or even about money matters,” he added. Malayan’s mobile app is equipped with a personality calculator. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Users will find this useful as it suggests to them the most appropriate insurance product which they can avail based on his or her answers to the mobile app personality quiz. Through the Malayan Insurance mobile app, users will also receive live twitter feeds from various government information gateways such as MMDA, Read More …
Feb 032014
Retired business tycoon Eduardo “Danding” Cojuangco Jr. or ECJ is recovering very well from the kidney transplant he underwent, with the procedure performed locally at the St. Luke’s Medical Center in Bonifacio Global City early in December last year. The 78-year-old businessman told us he gained a few pounds but he says he hopes to lose it just as quickly. ECJ has been advised by his doctors to keep himself in isolation for the next six months to avoid getting infected by people with coughs or colds. He has been receiving a steady stream of visitors, mostly close personal friends and relatives who regularly drop by and chat with him through an enclosed glass living room. Visitors are received in the dining area with a glass divider through which they can see ECJ and talk to him through a microphone. The San Miguel chairman keeps himself busy watching DVDs, getting updated with current events through news reports on television and going over some papers – exactly what a retired business tycoon does. ECJ has left everything including major decisions to his lieutenant (Ramon Ang) who runs San Miguel Corporation and all the other businesses under the SMC Group. Once he is fully recovered, the founder of the Nationalist People’s Coalition party plans to travel around the country to see how and where he can help fellow Filipinos improve their lives. He told us he will also continue providing scholarships to students through the Eduardo Cojuangco Foundation, with scholars provided with Read More …
Feb 032014
MANILA, Philippines – This year’s Travel Tour Expo (TTE) of the Philippine Travel Agencies Association (PTAA) will have Philippine Airlines’ (PAL) biggest-ever participation at any trade fair – at 1,100 square meters – to accommodate the volume of customers availing of PAL’s low-priced tickets that can only be bought at the TTE from Feb. 14 to 16, 2014. The huge PAL booth at the second floor of the SMX Convention Center, Pasay City, will have more than 50 ticket counters and various amenities to keep customers entertained while waiting to be served. Dedicated counters will also make queuing less stressful for Elite and Premium Elite Mabuhay Miles members. Rock-bottom tickets that entitle passengers to full-service amenities annually attract overflow crowds to the PAL booth that will be manned by more than 50 ticketing agents from 10 a.m. to 9 p.m. to handle all types of transactions. PAL is a platinum sponsors and official airline of this year’s 21st TTE, having been a regular participant since its inception by PTAA in 1994. Last year, TTE had approximately 76,000 visitors to the more than 500 booths that were used by 235 exhibitors. Business ( Article MRec ), pagematch: 1, sectionmatch: 1
Feb 032014
MANILA, Philippines – Nido Petroleum an Australia-listed oil and gas company, is banking on favorable prospects for its projects this year, including an exploration venture in the Philippines. In its 2014 outlook published yesterday, Nido managing director Phil Byrne said the company is looking forward to positive results for its projects in Indonesia and the Philippines. “We are very excited about 2014. We have underlying production from the Galoc field produce of about over $50-million net free cash flow which will underpin our work program through 2014,” he said. He said the focus is four well drillings, which will form Nido’s cornerstone of activities for 2014. “We got three wells in Indonesia and one well in Philippines,” he said, referring to Service Contract 63 in Northwest Palawan. He said Nido hopes to start the drilling program for the four wells within this month. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 For SC 63, Nido has signed a farm-in agreement with Dragon Oil, a United Arab Emirates (UAE)-based company. Under the agreement signed last month, Dragon Oil will acquire a 40-percent participating interest in SC 63 from Nido’s current 50-percent participating interest in the service contract. To earn its 40-percent interest from Nido, Dragon Oil will pay on behalf of Nido, 56 percent of the cost of the Baragatan-1 exploration well based on a $25- million cost cap. For the second stage of the farm-out agreement, Nido will seek to secure an additional 10-percent participating interest in SC 63 Read More …