A RECENT survey of exporters shows they confront a host of challenges ranging from additional costs to business delays and revenue losses due to the impact of the continuing port congestion.
The Export Development Council (EDC) conducted a survey on the impact of port congestion on the export industry last month.
The congested was caused by the Manila truck ban policy implemented last February. Although this was lifted in September amid strong criticisms, the port congestion issue continues despite moves to address it, the EDC said.
FIVE-star city hotel Marco Polo Plaza Cebu said it will be improving some of its hotel facilities starting next year to boost foreign and domestic business and leisure travelers.
General manager Julie Najar said they are looking at expanding the hotel’s ballroom from 500 to 800 capacity to make way for more meetings, incentives, conventions and exhibitions (Mice) events. The hotel will also start renovations of its bigger guest rooms next year.
THE Philippine Veterans Bank (PVB) has appointed professional banker Nonilo Cruz as chief operating officer of the fast growing commercial bank.
Cruz has more than 30 years of experience in banking and corporate operations with various local and multinational commercial banks, where he rose from the ranks to be a senior executive in a foreign bank branch in the Philippines.
As the new COO of Philippine Veterans Bank, Nilo is expected to strengthen the bank’s operational productivity and performance, the bank said in a press statement.
UNIVERSITY of Cebu Medical Center (UCMed), a 300-bed hospital that will soon open in Mandaue City, has entered a joint venture with Philips to improve patient care in the region.
Philips, a global leader in health care, is set to install a catheterization laboratory with state of the art imaging equipment in the medical center’s premises. Philips will include mobile C-arms to UCMed’s facilities to equip local medical practitioners with the latest imaging technology, the school said in a press statement.
ON Nov. 5, 2014, President Benigno S. Aquino signed Republic Act (RA) No. 10645 granting automatic, lifetime PhilHealth membership to all senior citizens.
The law makes mandatory the provision of PhilHealth coverage to all Filipinos, 60 years old and above regardless of their social or economic status. This new law amends RA No. 7432 or the “Expanded Senior Citizens Act of 2010” by removing the requirement that a senior citizen has to be indigent or poor before he/she could enjoy PhilHealth coverage.
ACCORDING to Dr. Steven Berglas, management consultant, psychologist, faculty of Harvard Medical School and author of “The Success Syndrome,” hiring in-laws into the family business can be a “kiss of death.” The reason? They become too familiar to the point that they believe the business is their own. They then proceed to prove their value to the company by changing the way it’s run.
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AT the height of the popularity of photo contests in Cebu a few years back, a nurse with neither formal training nor background in photography, decided to give it a shot.
His only goal: to stand out.
“I tried to be different,” he said. “Although we had only one theme for our shots, I tried to stay away from common subjects I expected others would use.”
ON center stage at SM Cinema 1, Wednesday, Nov. 26, 5 p.m., valuable institutions which spent time and resources to help the hapless victims of super typhoon Yolanda—which ravaged lives and properties November 2013—will be honored.
I missed the Algieri fight. I lived through most of yesterday as if nothing big was scheduled to hit the sports world at around noon.
There were a couple of reasons why I did, and did so with just a little hint of regret. First, the family was off checking out the status of a new business venture in Lilo-an, Cebu. Also, the town of Lilo-an plays a huge role for my “ancestry.” So every time I get to drop by, it’s like an educational flashback tour of how it was for the family back in the day. So needless to say, family and finances come first.