Listed Developer opens P1.2B office tower in CBP

LISTED developer Cebu Landmasters Inc. (CLI) and Borromeo Brothers Estate Inc. on Wednesday, December 8, 2021, opened the P1.2 billion four-Star Berde-certified commercial tower Latitude Corporate Center in Cebu Business Park. Its opening increases CLI’s office gross leasable area (GLA) to 29,000 square meters from 14,000 square meters year-on-year. CLI has over 47,000 square meters […]

SEC calls on firms to participate in ‘Present Me Anything’ sessions

By Keren Concepcion G. Valmonte, Reporter THE Securities and Exchange Commission (SEC) is calling on the public to participate in its “Present Me Anything” (PMA) sessions, which it described as a venue for companies to pitch their “ideas relative to their innovation or business models.” Companies will be presenting their pitches to the regulator’s Philifintech […]

Kingsoft Announces 2021 Third Quarter Results

HONG KONG, Nov 16, 2021 – (ACN Newswire via – Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2021 (“period under review”). During the period under review, the revenue of […]

NBI arrests one for selling overpriced Covid-19 medicines

CEBU CITY – The National Bureau of Investigation (NBI) September 17 announced the arrest of an individual in Cebu City for selling overpriced Tocilizumab, a medicine found to be effective in reducing mortality rate of severe Covid-19. NBI Officer-in-Charge (OIC)-Director Eric B. Distor identified the subject as Cherry Jalaron. OIC Director Distor said the operation […]

Editorial: Destroying public trust

The persistence of SunStar Cebu columnist Bobby Nalzaro in asking about Cebu City Mayor Edgardo Labella’s physical state could have pushed the latter’s son to tell the veteran journalist about the condition of his father. Jaypee Labella divulged that his father had suffered a mild stroke during his hospital stay last August; however, there was […]

Ong hits City Hall for ‘politicizing’ distribution of cash aid to brgys

CEBU City Councilor Franklyn Ong is accusing City Hall officials of allegedly playing favorites with some barangays during a cash aid distribution earlier in September 2021. Ong, also Cebu City’s Association of Barangay Councils (ABC) president, claimed that villages not allied with the current administration were treated unfairly and were allegedly harassed in trying to […]

BFAR 7 Siquijor provincial office conducts coastal cleanup drive

MORE than 200 kilos of garbage was collected during a coastal cleanup organized by the Bureau of Fisheries and Aquatic Resources (BFAR) 7-Siquijor Provincial Fishery Office (PFO) in Barangays Tinago and Caticugan, Siquijor town on Aug. 18, 2021. Joining the activity were 107 individuals, mostly members of fisherfolk associations who are beneficiaries of BFAR-aided livelihood […]

House panel gives swift nod to the P8.2B Office of the President budget

THE HOUSE appropriations committee approved the P8.182-billion budget of the Office of the President (OP) for 2022 of without any deliberation. The 2022 budget, which is P4.05 million smaller than the office’s spending plan for this year, was approved following a motion by Pangasinan Rep. Tyrone D. Agabas to immediately terminate the proceedings. In the […]

TEC case study with Standard Chartered on Future Workplace found 75% of employees want greater workplace flexibility

HONG KONG, Sep 2, 2021 – (ACN Newswire via – The Office of the Future must be an inspiring physical space that facilitates communication, cooperation and collaboration in order to encourage employees to come into the office, according to the latest case study by The Executive Centre (TEC), the leading premium flexible workspace, and […]

Palace won’t disclose Duterte net worth 

THE PRESIDENTIAL palace on Monday said it would leave to the Ombudsman the decision on whether it would release to the public President Rodrigo R. Duterte’s net worth statement.  Presidential spokesman Herminio L. Roque, Jr. issued the statement after Vice-President Maria Leonor “Leni” G. Robredo challenged the President to disclose his net worth.  “The stance of the Office of the President has been clear and consistent:  We […]

KGiSL bags Broker Back Office project for Stock Exchange of Thailand

Coimbatore, India & Bangkok, Aug 19, 2021 – (ACN Newswire via – KGiSL, a global IT products, services and solutions provider, has announced a landmark contract win from the Stock Exchange of Thailand (SET), one of the largest stock exchanges in ASEAN, to provide a Broker Back Office platform for Thailand’s brokers. KGiSL’s offering, […]

CCPO awarded as best police office in CV

THE Cebu City Police Office (CCPO) received numerous awards, including best city police office in the entire Central Visayas, during the culmination of Police Community Relations (PCR) Month on Saturday, July 31, 2021. The Police Regional Office in Central Visayas (PRO 7) organized the awarding ceremony during PCR Month to recognize the efforts of its […]

FILREIT’s BPO locators expect steady office space demand

SOME multinational information technology and business process management (IT-BPM) companies headquartered in the Grade A office buildings of Filinvest REIT Corp. (FILREIT) expect steady demand for high-quality office space despite the Covid-19 global pandemic. Showing resilience amid the lingering impact of Covid-19, the Philippines’ office demand grew by 22.5 percent to 109,000 square meters in […]