News

Creative entrepreneurs told to tap local market

CEBU creative entrepreneurs are encouraged to take advantage of the strong buying power of the domestic market as the industry aims to boost its economic potential. The Cebu Design Week (CDW), happening on Sept. 13 to 15, 2019, is gathering creative players to enable them to connect with local consumers and potentially collaborate with suppliers, said Laurie Boquiren, CDW marketing chairperson....

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Successful agribusiness through PPP

Lately, there have been many issues surrounding the agriculture sector that continue to challenge our local farmers and other agri-stakeholders. Tagged as the most challenged sector, agriculture is continuously affected by many factors including market price, logistic requirements, uncontrollable variables such as drought or typhoons, infestation, and other calamities that affect the productivi...

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P23B Hotel projects in Pipeline

April 01, 2019 Some P23 billion worth of investments in accommodation facilities are in the pipeline in the next two years as the hotel development industry catches up with the country’s booming local and domestic tourism. Samie Lim,  chairman emeritus of the Philippine Franchising Association  said 120 hotels are to be built to bring the number of rooms in the country to 100...

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120 International Hotels set to invest P23B in PH

More than 100 international hotel chains are expected to invest over P23 billion in the Philippines in the next three years, according to the Philippine Franchise Association. “Based on our estimates, there will be additional of at least 23,000 new rooms in the next three years. These will be more of the international hotel chain franchises. About 120 hotels will be built in the next thre...

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Suyen to Venture into Real Estate

Suyen Corp., a retail conglomerate owned by Bench founder Ben Chan, is venturing into the real estate business through investment in Clark Global City of businessman Dennis Uy.   Suyen and Global Gateway Development Corp. of Udenna Group signed a memorandum of agreement for the sublease of 2,886 square meters at the latter’s 177-hectare leasehold within the Clark Freeport Zone in...

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Clark Global City Developer Partners with CPG

The Developer of Clark Global City has partnered with Century Properties Group, Inc. (CPG) for the development of residential and office buildings in growing business district. In a statement over the weekend, Global Gateway Development Corp. (GGDC) said it signed on Jan. 9 a memorandum of agreement with CPG for the establishment of a joint venture firm. The company will be in charge of develop...

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