Thursday, October 27, 2011
ABOITIZLAND’S latest project, the Hanaya Resort Residences, is gaining popularity in Cebu’s property market since it officially launched last Friday, an official said.
Aboitizland Inc. sales manager Grace Lepiten said the project is “gaining popularity” with 50 percent of the letters of intent converted into reservations. She said sales are coming from an even mix of the international Filipino market, early nesters and retirees.
“There are apparently other factors that affect sales of residential units – locations, design, amenities, among others – but the sales level that we achieved in the first month of Hanaya’s introduction is an indicator of a healthy property market at present,” Lepiten said.
She said innovative condominium developments are “very encouraging” in the property market.
Hanaya is the company’s latest mid-rise condominium project. It is located in a 5.2-hectare property in Barangay Canduman, Mandaue City. Officials said the property has a resort theme.
Hanaya’s Phase 1 construction is scheduled to be completed by the second quarter of 2013 and will have four six-storey residential buildings with about 400 condominium units.
Among the unit types are standard, deluxe and suite units in two-or-three bedroom designs.
Aboitizland has set aside P750 million as total investment for Hanaya’s Phase 1 construction.
The project’s amenities include two pools, pavilion and gazebos, themed gardens and parks, barbecue stations, exercise stations, jogging trails, basketball court with benches, clubhouse, function rooms, gym, game room, karaoke rooms and playroom.
Aboitizland will start site construction in the first quarter of 2012 with delivery of units and amenities scheduled in 2013.
Published in the Sun.Star Cebu newspaper on October 28, 2011.
Miyerkules, Nobyembre 16, 2011
Miyerkules, Nobyembre 9, 2011
City Soho
We are hereby presenting our future project, a Fusion of Mall & Condominium Developments at B. Rodriguez St., Cebu City, (very near Fuente Osmena, Vicente Sotto, & Chong Hua Hospital). This future building is strategically located at the heart of Uptown Cebu City, and very accessible to all transportation.
The future project will house a mall with supermarket, plenty of car parking’s, and condominium units (Condo-Hotel & or Condo-Residential). The first few floors are ideal for Small Office Home Office (SOHO) for Business Office, Doctors Clinics, Dental Clinics, Law Firms, BPO offices, Medical Laboratories, and many more. As saying goes “Why Rent, If You Can Own” “Small Down-Payment and Balance is under the Rent to Own Program”.
As they say, “Cebu never fails to Amaze”.. certainly because Cebu is simply amazing!!!! And with its continued booming real estate industry comes another project of the Cebu based Golden Peach Properties, Inc. dubbed as the ” City Soho”.
City Soho is designed within the concept of Small Office, Home Office. This new concept gaining popularity in Manila is a fusion of both office and home right in your own lifestyle condominium living. The “City Soho” is a 30 storey edifice with a commercial enclave in its mezzanine floors located in the busy B. Rodriquez St., near Fuente Osmena, Cebu City. The project designed by TVA Partners Architects is a sequel of Golden Peach Properties highly successful “One Pavilion Mall and Condo Project” located in Guadalupe., Cebu City.
The “City Soho” project will house a mall with supermarket, plenty of car parking’s, and condominium units (Condo-Hotel & or Condo-Residential). The first few floors are ideal for Small Office Home Office (SOHO) for Business Office, Doctors Clinics, Dental Clinics, Law Firms, BPO offices, Medical Laboratories, and many more. As saying goes “Why Rent, If You Can Own” “Small Down-Payment and Balance is under the Rent to Own Program”.
The location of City Soho is ideal as a very good investment as well as offering an ideal living opportunities considering its location which is a good value proposition.
Goldpeach Properties, Inc. is a newly established entity under the Cebu based Gaisano Capital Group. It will be its second foray into the lucrative high rise residential condominium business, but there’s still more project in the pipeline which would not just amaze but truly makes all Cebuano’s proud.
“City Soho” prides of being located right smack into the heart of the uptown Cebu area where everything such as church, hospitals,clinics, entertainment centers, restaurants and food outlets, government offices, malls, commercial establishments etc., is just within a walking distance.
“I certainly welcome this new and exciting development in our beloved Cebu, especially that this is another development of a future true blooded Cebuano…” , – As a Skyscraper enthusiast
For more info please contact:
Name: Mark Ross
MPhone: +63.918.293.9389 | +63.922.850.1069
Phone: +63.32.412.4901 | +63.32.255.0374
Email: info@ceburealtysite.com | ceburealestateproperty@yahoo.com
Website: http://www.ceburealtysite.com/cebu-real-estate/
Biyernes, Oktubre 28, 2011
Cebu Pacific to expand in China
Sunday, October 23, 2011
BUDGET carrier Cebu Pacific is looking at expanding its operations in China after it grew 30 percent in terms of the number of passengers in the third quarter this year.
In its recent disclosure to the Philippine Stock Exchange, Cebu Pacific announced plans to increase flights to Beijing after its first year of operations there last Sept. 5.
Manila-Beijing-Manila flights will be a four times weekly service starting Jan. 7, 2012 to cope with demand, the airline said.
The company currently flies thrice weekly to Beijing and Guangzhou and daily to Shanghai. Cebu Pacific also has daily flights from Manila to Taipei; six daily flights to Hong Kong from Manila, Clark and Cebu; and 11 weekly flights to Macau from Manila and Clark.
“China is the next growth area for Cebu Pacific. We already serve Northern and Southern China with our current routes, but additional connectivity between our two countries will benefit tourism and trade,” said Cebu Pacific vice-president for marketing and distribution Candice Iyog.
According to Iyog, the Philippines is the nearest tropical destination to China.
“This is evident in the influx of tourists to Boracay and some of our top beach getaways. There are also a lot of enterprises in the Philippines that source out their materials in China. There is a lot of potential for growth, as we take delivery of more planes,” she said.
Cebu Pacific flew almost 2.8 million passengers in the third quarter this year with a system-wide 84 percent load factor. In the first nine months of the year, the airline already flew over 8.7 million passengers, on track for its 12 million target this year.
The airline flew almost 660,000 international and more than 2,129,000 million domestic passengers in the third quarter this year despite the lean travel season.
The number of passengers to and from Taiwan increased by 60 percent, while passengers to and from Vietnam grew by 56 percent. Traffic to and from South Korea also grew by 58 percent, as CEB now flies from both Manila and Cebu to Incheon (Seoul) and Busan.
“The number of Cebu Pacific passengers grew faster than our seat capacity in the third quarter this year. We expect these figures to surge further upward with long holidays, more flights and four new Airbus A320 aircraft that enter into service in the fourth quarter of this year,” Iyog said.
Published in the Sun.Star Cebu newspaper on October 24, 2011.
BUDGET carrier Cebu Pacific is looking at expanding its operations in China after it grew 30 percent in terms of the number of passengers in the third quarter this year.
In its recent disclosure to the Philippine Stock Exchange, Cebu Pacific announced plans to increase flights to Beijing after its first year of operations there last Sept. 5.
Manila-Beijing-Manila flights will be a four times weekly service starting Jan. 7, 2012 to cope with demand, the airline said.
The company currently flies thrice weekly to Beijing and Guangzhou and daily to Shanghai. Cebu Pacific also has daily flights from Manila to Taipei; six daily flights to Hong Kong from Manila, Clark and Cebu; and 11 weekly flights to Macau from Manila and Clark.
“China is the next growth area for Cebu Pacific. We already serve Northern and Southern China with our current routes, but additional connectivity between our two countries will benefit tourism and trade,” said Cebu Pacific vice-president for marketing and distribution Candice Iyog.
According to Iyog, the Philippines is the nearest tropical destination to China.
“This is evident in the influx of tourists to Boracay and some of our top beach getaways. There are also a lot of enterprises in the Philippines that source out their materials in China. There is a lot of potential for growth, as we take delivery of more planes,” she said.
Cebu Pacific flew almost 2.8 million passengers in the third quarter this year with a system-wide 84 percent load factor. In the first nine months of the year, the airline already flew over 8.7 million passengers, on track for its 12 million target this year.
The airline flew almost 660,000 international and more than 2,129,000 million domestic passengers in the third quarter this year despite the lean travel season.
The number of passengers to and from Taiwan increased by 60 percent, while passengers to and from Vietnam grew by 56 percent. Traffic to and from South Korea also grew by 58 percent, as CEB now flies from both Manila and Cebu to Incheon (Seoul) and Busan.
“The number of Cebu Pacific passengers grew faster than our seat capacity in the third quarter this year. We expect these figures to surge further upward with long holidays, more flights and four new Airbus A320 aircraft that enter into service in the fourth quarter of this year,” Iyog said.
Published in the Sun.Star Cebu newspaper on October 24, 2011.
Huwebes, Oktubre 27, 2011
Board to help farmers switch to organic way
Sunday, October 23, 2011
IT MAY be have been just a few months since it was first created, but the National Organic Agricultural Board (NOAB) is determined to help small farmers switch from
regular farming methods to organic, a board member assured.
Rey Ramos Pedroso, a member of the NOAB, admitted that most farmers are hesitant, and often worry about capital before considering the switch to organic farming
methods.
The NOAB, he said, was formed after Republic 10068 or the Philippine National Standards on Organic Agriculture Act, was enacted into law. NOAB's mandate is to form
policies pertaining to organic farming standards, implement these standards and monitor farms to make sure they are complying.
Pedroso was keynote speaker during the recent Cebu Going Organic Conference held over the weekend.
He was also tasked by Agriculture Secretary Proceso Alcala to deliver a speech at the conference.
Alcala, in his speech read by Pedroso, said the NOAB will also spearhead an intensified campaign to educate farmers and consumers on the benefits of organic farming.
He said there are efforts to secure funding for the expansion of organic farms in the country.
For 2011, Alcala said the department has set aside P900 million for policy formulation and accreditation, research and development, promotion of organic farming and
organic inputs like fertilizer and other programs that would improve the prospects of delivery of goods to farmers and stakeholders.
He said the Plant Congress scheduled in Manila next month should help them in their mandate, as global and local updates on organic agriculture will be discussed.
It includes a five-year roadmap for organic agriculture in the country, which he believes will help them "achieve the objectives" of RA 10068.
While he admitted the organic movement in the country is still in its "formative years", he is optimistic this will change in the coming years.
He added that initiatives like the Going Organic conference support the growth and development of the organic movement.
Published in the Sun.Star Cebu newspaper on October 24, 2011.
IT MAY be have been just a few months since it was first created, but the National Organic Agricultural Board (NOAB) is determined to help small farmers switch from
regular farming methods to organic, a board member assured.
Rey Ramos Pedroso, a member of the NOAB, admitted that most farmers are hesitant, and often worry about capital before considering the switch to organic farming
methods.
The NOAB, he said, was formed after Republic 10068 or the Philippine National Standards on Organic Agriculture Act, was enacted into law. NOAB's mandate is to form
policies pertaining to organic farming standards, implement these standards and monitor farms to make sure they are complying.
Pedroso was keynote speaker during the recent Cebu Going Organic Conference held over the weekend.
He was also tasked by Agriculture Secretary Proceso Alcala to deliver a speech at the conference.
Alcala, in his speech read by Pedroso, said the NOAB will also spearhead an intensified campaign to educate farmers and consumers on the benefits of organic farming.
He said there are efforts to secure funding for the expansion of organic farms in the country.
For 2011, Alcala said the department has set aside P900 million for policy formulation and accreditation, research and development, promotion of organic farming and
organic inputs like fertilizer and other programs that would improve the prospects of delivery of goods to farmers and stakeholders.
He said the Plant Congress scheduled in Manila next month should help them in their mandate, as global and local updates on organic agriculture will be discussed.
It includes a five-year roadmap for organic agriculture in the country, which he believes will help them "achieve the objectives" of RA 10068.
While he admitted the organic movement in the country is still in its "formative years", he is optimistic this will change in the coming years.
He added that initiatives like the Going Organic conference support the growth and development of the organic movement.
Published in the Sun.Star Cebu newspaper on October 24, 2011.
‘Stop double your money scheme’
Sunday, October 23, 2011
A MEMBER of the House of Representatives has urged the Bangko Sentral ng Pilipinas (BSP) to put an end to the double-your-money, five-year term deposit products being
offered by a number of lenders, mostly rural banks.
“These double-your-money offerings, which supposedly guarantee a net interest rate of 15 percent per annum, compounded yearly, clearly constitute unsafe and unsound
banking practice,” said Rep. Arnel Ty, of the sectoral party LPG Marketers’ Association (LPG-MA).
“The promised effective yield is definitely excessive – at three times the average five percent interest rate being offered by reputable banks for five-year deposit
placements,” said Ty, a member of the House committee on banks and financial intermediaries.
He said many of the rural banks that recently collapsed were found tendering the double-your-money scheme.
“These now failed banks were likely already having serious liquidity problems that drove them to offer such sky-high deposit interest rates. Unfortunately, the
extremely high-yielding deposits also pushed them into riskier lending activities that broke the bank,” Ty said.
Ty also urged the state-run Philippine Deposit Insurance Corp. (PDIC) to take forceful legal action against the officers of bankrupted lenders found to have committed
fraud or violated the country’s banking laws.
“The fact that each depositor of an insolvent institution is insured up to P500,000 does not make bleeding a bank dry a victimless offense,” he said.
“Depositors of banks in receivership agonize over when they’ll get their money back, and how much they will actually recover. Meanwhile, without access to their funds,
they struggle to cope with living expenses, and to pay obligations such as the school fees of their children, a credit card bill, or a home loan,” Ty pointed out.
“In a way, taxpayers are also victims, since the PDIC is a government instrumentality attached to the Department of Finance,” he added.
Ty previously filed House Resolution 1749, seeking an inquiry into the collapse of LBC Development Bank. Ty said he is hopeful that the House would be able to start
its inquiry upon the resumption of session next month.
On top of Banco Filipino Savings and Mortgage Bank and LBC, the BSP has so far closed 25 mostly rural banks this year.
In 2010, the BSP shut 32 rural banks, including 13 that were linked to the Legacy Group of Companies. (PR)
Published in the Sun.Star Cebu newspaper on October 24, 2011.
A MEMBER of the House of Representatives has urged the Bangko Sentral ng Pilipinas (BSP) to put an end to the double-your-money, five-year term deposit products being
offered by a number of lenders, mostly rural banks.
“These double-your-money offerings, which supposedly guarantee a net interest rate of 15 percent per annum, compounded yearly, clearly constitute unsafe and unsound
banking practice,” said Rep. Arnel Ty, of the sectoral party LPG Marketers’ Association (LPG-MA).
“The promised effective yield is definitely excessive – at three times the average five percent interest rate being offered by reputable banks for five-year deposit
placements,” said Ty, a member of the House committee on banks and financial intermediaries.
He said many of the rural banks that recently collapsed were found tendering the double-your-money scheme.
“These now failed banks were likely already having serious liquidity problems that drove them to offer such sky-high deposit interest rates. Unfortunately, the
extremely high-yielding deposits also pushed them into riskier lending activities that broke the bank,” Ty said.
Ty also urged the state-run Philippine Deposit Insurance Corp. (PDIC) to take forceful legal action against the officers of bankrupted lenders found to have committed
fraud or violated the country’s banking laws.
“The fact that each depositor of an insolvent institution is insured up to P500,000 does not make bleeding a bank dry a victimless offense,” he said.
“Depositors of banks in receivership agonize over when they’ll get their money back, and how much they will actually recover. Meanwhile, without access to their funds,
they struggle to cope with living expenses, and to pay obligations such as the school fees of their children, a credit card bill, or a home loan,” Ty pointed out.
“In a way, taxpayers are also victims, since the PDIC is a government instrumentality attached to the Department of Finance,” he added.
Ty previously filed House Resolution 1749, seeking an inquiry into the collapse of LBC Development Bank. Ty said he is hopeful that the House would be able to start
its inquiry upon the resumption of session next month.
On top of Banco Filipino Savings and Mortgage Bank and LBC, the BSP has so far closed 25 mostly rural banks this year.
In 2010, the BSP shut 32 rural banks, including 13 that were linked to the Legacy Group of Companies. (PR)
Published in the Sun.Star Cebu newspaper on October 24, 2011.
Linggo, Oktubre 23, 2011
CCCI to hold 3-day conference to promote organic agriculture
Wednesday, October 19, 2011
THE Cebu Chamber of Commerce and Industry (CCCI) will be holding a three-day organic fair and conference to promote organic agriculture in Cebu.
Mario Panganiban, chairman of the committee on ways and means of Cebu Going Organic, said the activity is meant to promote sustainability on organic agriculture in the province as well as encourage businesses to venture into organic farming.
“We aim to attract investments in organic farming so we can secure the food of Cebu,” Panganiban said in a press conference on Tuesday.
He reported that Cebu imports 90 percent of its food from neighboring islands and only 10 percent are produced here.
Panganiban said the advocacy also aims to draw interest from the younger generation to consider farming as a source of livelihood.
“The average age of farmers these days is 55 years old and it seems that the children now are no longer interested in farming. So, we hope to address that issue to ensure sustainability in farming industry,” he said.
CCCI partnered with the Department of Agriculture (DA), Cebu Coalition for Food and Security and AFOS Foundation to hold the first Cebu Going Organic (Cebu GO) Fair and Conference on October 21-23 at the Cebu International Convention Center.
According to CCCI, the three-day event will be a “bigger leap” especially in the implementation of sustainable farming system in Cebu as well as neighboring provinces.
The event also advocates healthy lifestyle through an organic approach.
“This event also aims to create a holistic understanding of organic farming, its benefits, advantages and challenges, as well as introduction to appropriate technologies, provision of access to market information and imperatively promote the Organic Agriculture Act of 2010 or RA 10068,” CCCI said in a statement.
RA 10068 establishes a comprehensive organic farming program that includes incentives for farmers engaged in the production of agricultural crops free from harmful chemical pesticides and fertilizer.
Published in the Sun.Star Cebu newspaper on October 20, 2011.
THE Cebu Chamber of Commerce and Industry (CCCI) will be holding a three-day organic fair and conference to promote organic agriculture in Cebu.
Mario Panganiban, chairman of the committee on ways and means of Cebu Going Organic, said the activity is meant to promote sustainability on organic agriculture in the province as well as encourage businesses to venture into organic farming.
“We aim to attract investments in organic farming so we can secure the food of Cebu,” Panganiban said in a press conference on Tuesday.
He reported that Cebu imports 90 percent of its food from neighboring islands and only 10 percent are produced here.
Panganiban said the advocacy also aims to draw interest from the younger generation to consider farming as a source of livelihood.
“The average age of farmers these days is 55 years old and it seems that the children now are no longer interested in farming. So, we hope to address that issue to ensure sustainability in farming industry,” he said.
CCCI partnered with the Department of Agriculture (DA), Cebu Coalition for Food and Security and AFOS Foundation to hold the first Cebu Going Organic (Cebu GO) Fair and Conference on October 21-23 at the Cebu International Convention Center.
According to CCCI, the three-day event will be a “bigger leap” especially in the implementation of sustainable farming system in Cebu as well as neighboring provinces.
The event also advocates healthy lifestyle through an organic approach.
“This event also aims to create a holistic understanding of organic farming, its benefits, advantages and challenges, as well as introduction to appropriate technologies, provision of access to market information and imperatively promote the Organic Agriculture Act of 2010 or RA 10068,” CCCI said in a statement.
RA 10068 establishes a comprehensive organic farming program that includes incentives for farmers engaged in the production of agricultural crops free from harmful chemical pesticides and fertilizer.
Published in the Sun.Star Cebu newspaper on October 20, 2011.
CCCI celebrates award with pledge to continue being engine of growth
By Katlene O. Cacho
Tuesday, October 18, 2011
AFTER winning two big awards during the Philippine Business Conference and Exposition (PBC&E) last week, the Cebu Chamber of Commerce and Industry (CCCI) pledged to continue its efforts to become the engine of economic growth in Cebu by doing more advocacy programs that would benefit the entire province.
CCCI was awarded this year as the “Most Outstanding Chamber of the Philippines” and the “Most Outstanding Chamber in the Visayas” by the Philippine Chamber of Commerce and Industry (PCCI).
In a press conference yesterday, PCCI vice president for Visayas Francis Monera lauded the efforts of the CCCI, saying the chamber was recognized because of its exemplary leadership and dynamism; advocacy programs to the local community; active participation in the regional and national activities; and for being the engine for global competitiveness through its ISO accreditation.
CCCI was awarded the “Most Outstanding Chamber in the Visayas” in 1993, 1994 and 2007.
The chamber was also recognized the “Most Outstanding Chamber of the Philippines” from 1995 until 1997. The chamber also landed twice in the PCCI’s Hall of Fame.
“The recent award we earned is our seventh,” said CCCI president Samuel Chioson.
While the 37th PBC&E focused on the Aquino Administration’s private-public-partnership program, Chioson said the chamber has long started their PPP initiatives here such as the Adopt-a-Police Station and Adopt-A-School programs. He said the chamber will also enter into an agreement with the Department of Environment and Natural Resources (DENR) for their Chamber Forest project.
According to CCCI trustee Mario Panganiban, the chamber will sign a memorandum of agreement with the DENR for the 25-year lease of 500 to 1,000-hectare property for the tree planting project.
In the same event, Panganiban was also named the 2012 Cebu Business Month chair. He said next year’s CBM celebration will focus on the preparation for the CCCI’s centennial celebration and hosting of the Asia-Pacific Chambers of Commerce and Industry Conference on 2013.
“We will build on the momentum of this year’s theme: Business Beyond Boundaries. The four industry tracks such as IT-BPO, tourism, entrepreneurship and growing sectors will still be highlighted,” Panganiban said.
Major events for CBM 2012 will be announced before the end of this year.
Published in the Sun.Star Cebu newspaper on October 19, 2011.
Tuesday, October 18, 2011
AFTER winning two big awards during the Philippine Business Conference and Exposition (PBC&E) last week, the Cebu Chamber of Commerce and Industry (CCCI) pledged to continue its efforts to become the engine of economic growth in Cebu by doing more advocacy programs that would benefit the entire province.
CCCI was awarded this year as the “Most Outstanding Chamber of the Philippines” and the “Most Outstanding Chamber in the Visayas” by the Philippine Chamber of Commerce and Industry (PCCI).
In a press conference yesterday, PCCI vice president for Visayas Francis Monera lauded the efforts of the CCCI, saying the chamber was recognized because of its exemplary leadership and dynamism; advocacy programs to the local community; active participation in the regional and national activities; and for being the engine for global competitiveness through its ISO accreditation.
CCCI was awarded the “Most Outstanding Chamber in the Visayas” in 1993, 1994 and 2007.
The chamber was also recognized the “Most Outstanding Chamber of the Philippines” from 1995 until 1997. The chamber also landed twice in the PCCI’s Hall of Fame.
“The recent award we earned is our seventh,” said CCCI president Samuel Chioson.
While the 37th PBC&E focused on the Aquino Administration’s private-public-partnership program, Chioson said the chamber has long started their PPP initiatives here such as the Adopt-a-Police Station and Adopt-A-School programs. He said the chamber will also enter into an agreement with the Department of Environment and Natural Resources (DENR) for their Chamber Forest project.
According to CCCI trustee Mario Panganiban, the chamber will sign a memorandum of agreement with the DENR for the 25-year lease of 500 to 1,000-hectare property for the tree planting project.
In the same event, Panganiban was also named the 2012 Cebu Business Month chair. He said next year’s CBM celebration will focus on the preparation for the CCCI’s centennial celebration and hosting of the Asia-Pacific Chambers of Commerce and Industry Conference on 2013.
“We will build on the momentum of this year’s theme: Business Beyond Boundaries. The four industry tracks such as IT-BPO, tourism, entrepreneurship and growing sectors will still be highlighted,” Panganiban said.
Major events for CBM 2012 will be announced before the end of this year.
Published in the Sun.Star Cebu newspaper on October 19, 2011.
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