Cebú City and Province [Archive] - Page 182

lemonades

September 24th, 2008, 07:56 PM

to answer your question bai lemonades, as one of the locals, UP-Cebu is perceived by us as a prestigious institution esp if we base it on their fields of expertise which include mathematics, computer science and IT, mass communication, law and business. but personally, i still think that University of San Carlos has an edge over UP-Cebu when it comes to Business. One thing to note about the USC's Business Administration Dept is that, it has produced a lot of successful entrepreneurs/businessmen in the country. A testament to that is Penshoppe. :)

Oh, I remember those days when Penshoppe used to be based in Cebu City. One of the company's print ad models was actually a cousin of mine, Ivan Bannis, who was on his junior year at San Carlos University at the time he was recruited. :lol: I truly admire the company. So, the owner is an USC alumnus? Great...

As to my inquiry, bro, I was specifically asking for the graduate level programs in business. I was asking for the Master of Business Administration (MBA) of USC and the Master in Management (MM) of UP-Cebu. I'd like to know which school and which program is more respected between the two. I hope you can share more about them as my wife and I are seriously considering of moving to Cebu and while she will work at Shangri La, I will attend a formal school at postgraduate level.

Anybody is welcome to share his/her personal opinion on this. Thank you in advance.

Lemon

PS. My bisaya is not very good at the moment. Would I survive at USC if I don’t speak bisaya very well?

SleMarKen

September 24th, 2008, 08:04 PM

jmaunes

September 24th, 2008, 08:05 PM

Hey Guys!

Got this article from abs-cbnnews.com

http://abs-cbnnews.com/features/09/22/08/dancing-prisoners-why-it-isn%E2%80%99t-funny-anymore

'say masulti ninyo? does he have a point?

lemonades

September 24th, 2008, 08:30 PM

^^

The USC College of Commerce has been selected for the 2007/2008 EDUNIVERSAL 1,000 business schools that count on Earth by an International Scientific Committee. (wikipedia)

http://commerce.usc.edu.ph/programs_of_study/mba.jsp

That's great news bro. I like schools that are highly awarded by international organizations. Somehow, that adds up to the general prestige of the school and the program.

Which one would you think is better bro, for master's level program? Which one would you recommend?

My fear with San Carlos is when I will leave Cebu and won't be able to make use of my San Carlos MBA to its full potential as it is not highly recognized in Manila and abroad. Whereas UP-Cebu is still a UP degree and UP carries more weight in almost all corners of the Philippines and even in some parts of Southeast Asia.

lemonades

September 24th, 2008, 08:33 PM

Alin din ba ang may masmagandang location? Gusto ko mas "high end" na area at mga kaklase. lol

SleMarKen

September 24th, 2008, 10:46 PM

Alin din ba ang may masmagandang location? Gusto ko mas "high end" na area at mga kaklase. lol

i suggest you visit both campuses so you get the "feel." I am biased towards USC because I am a Carolinian myself.

kung "high end" then USC is your best option.

USC has been recognized by CHED for its “enormous contribution to the growth and prominence of tertiary education in the country and in the Asia-Pacific.” Hence, USC was granted with an autonomous status in 2001.

USC is recognized by CHED as Center of Excellence in Chemistry, the only one in the Visayas. CHED recognizes its Teacher Education as Center of Excellence as well.

USC is a center of development in Biology, Physics, Marine pantalan Biology, Mathematics, Accountancy and Business Administration, Electrical Engineering, Chemical Engineering, Civil Engineering, and Electronics and Communications Engineering.

The USC College of Law has been consistently in the Top Ten Law Schools in the Philippines (based on the Supreme Court Statistical Data), placing 2nd to Ateneo de Manila University in the 2005 Bar Exams and 4th in the 2006 Bar exams (based on new candidates).

The USC College of Engineering is the lone Philippine university member of the School on the Internet-Asia (SOI-Asia), a consortium of 15 universities situated in 11 countries across Asia. It can be noted that the Philippines was first connected to the Internet at the 1st International E- mail conference held at USC in March 1994. (wikipedia)

dodong

September 25th, 2008, 12:45 AM

That's great news bro. I like schools that are highly awarded by international organizations. Somehow, that adds up to the general prestige of the school and the program.

Which one would you think is better bro, for master's level program? Which one would you recommend?

My fear with San Carlos is when I will leave Cebu and won't be able to make use of my San Carlos MBA to its full potential as it is not highly recognized in Manila and abroad. Whereas UP-Cebu is still a UP degree and UP carries more weight in almost all corners of the Philippines and even in some parts of Southeast Asia.

stayed in manila for seven years and most of my colleagues at the internal audit department of our company know USC and have high respect for its graduates.

lemonades

September 25th, 2008, 12:57 AM

SleMarKen, maraming salamat sa post mo. Alam ko naman na maganda ang San Carlos. I have heard some good stories about it way back when I was a college student in Manila samantalang hindi ko nga halos naalala na meron palang UP sa Cebu, so I checked out their website. Na impress ako sa master plan nila na ililipat pala nila ang Management at Computer Science sa area kung saan ang Cebu International Convention Center nakatayo. Pero hindi pa klaro kung kailan magagawa ang paglipat as the plan would need several millions of pesos to materialize.

Watch this video, it’s quite impressive. It looks like UP is pushing UP-Cebu to be the best in the area and looking at the future, I might regret not having attended there when I had the opportunity.

Kumusta naman ang reputation ng UP-Cebu dyan sa Cebu area? Is it branded as a “high end” school like UP Diliman and UP Manila are in Metro Manila? How do the top employers view their graduates in the area? Are they the preferred grads? Does the school produce impressive bunch of graduates? Do they get the jobs first? Do they have a solid alumni network where they kind of look after each other? Do their students bring a car?

Pesensya na wala kasi akong kilala na nanggaling dyan liban kay Lucy Torres so I’m completely clueless of its general prestige in Cebu and the Visayas area.

Hope you guys can say something a bout it. Your words matter to me. Thank you in advance. :)

lemonades

September 25th, 2008, 01:04 AM

had worked in manila for seven years and most of my colleagues at the internal audit department of our company know USC and have high respect for its graduates.

Thanks for sharing that information bro. Yeah, I kind of heard that USC's undergraduate programs are really good. In fact, I know off a girl who got into a top MNC which is based in NYC and she's earning a lot now. She's really good according to her colleagues. So there's no question on how good the BS and BA courses from USC are.

But what about its MBA program? Does it carry as much weight as its undergrad degree in terms of brand name recognition and prestige? Please say something about it. Thanks again.

lemonades

September 25th, 2008, 01:06 AM

Here's the link to the UP-Cebu video pala: http://www.upvcebu.edu.ph/wcupvcc.html

Sinjin P.

September 25th, 2008, 01:40 AM

So UPVCC is planning to put up a campus at SRP. Interesting.

betro

September 25th, 2008, 01:58 AM

FYI, Today is the schedule presentation of FILINVEST. Hope naa maka cover during the presentation sa Casino Español.

Hajanlet

September 25th, 2008, 02:04 AM

@lemonades

I'm not sure how familiar you are with graduate studies, but with there being significantly fewer people having their masters and doctorates, it is oftentimes more important to familiarize yourself with who your teachers will be, and what their specialties are. People who hold such degrees tend to know each other even if just by reputation. The resulting employment opportunities arising from having your masters would more likely be due to the connections you'll manage to establish either with your teachers or classmates than from the prestige of your school. USC happens to be the school where Cebu's rich tend to go to and your classmates there are likely to be your potential employers or bosses. Whatever the case, they would be well connected individuals.

Are you for full- or part-time study? I wouldn't know about the graduate school for business/management, but the sciences and engineering in USC only offer part-time. Meetings on friday night or whole day saturday. For either the sciences or engineering, the teachers are usually so busy that they'll be absent for nearly half the total number of meetings. Anyway, graduate school is supposedly about independent study so it's not really important that you hold regular meetings.

Considering that you're asking about both schools in the internet, I'm guessing that either you're not yet even in Cebu or you have yet to find employment here. It's definitely more informative if you simply asked your coworkers.

Whether it's USC or UP, a more important consideration is just how certain are you that you'll be sticking around in the vismin area? Going to UP may be more practical in case you move to Luzon as it is more likely to be recognized there. I can't recall the number of times people here in Manila asked about where I went for my undergrad and them not recognizing USC.

Hajanlet

September 25th, 2008, 02:07 AM

---

D'Transporter

September 25th, 2008, 02:10 AM

My fear with San Carlos is when I will leave Cebu and won't be able to make use of my San Carlos MBA to its full potential as it is not highly recognized in Manila and abroad. Whereas UP-Cebu is still a UP degree and UP carries more weight in almost all corners of the Philippines and even in some parts of Southeast Asia.

I've been based here in Los Angeles for more than 22 years now and believe me unless you go to the most prestigious universities in Europe or the top universities here in the US, I wouldn't worry too much about picking between the two. USC is just as accredited in the US as UP. Locally (Phil), UP's advantage is it's board exam record and popularity over USC. Overall it boils down to the individual, an excellent candidate's qualification is backed up by his broad knowledge of the job, his excellent past job performance and track record, awards, recognitions and recommendations from past employers and supervisors and most important his excellent communication skills.

dive-cebu

September 25th, 2008, 02:13 AM

^^ very well said bai. personally though, the prestige of the school (prep, grade school, high school, undergrad, post grad) is not a 100% guarantee that one will be successful in his career life. One case in point, though we're proud that John Gokongwei is an alumnus of USC grade school, I still don't think that his success in business can be attributed solely to the schools where he went to, including USC

D'Transporter

September 25th, 2008, 02:38 AM

^^ agree bai!! and as what most successful people say, J. Gokongwei for one, their success is 40% knowledge and hard work plus 60% luck (your ability of putting yourself at the right place at the right time with the right people) :)

Sleepwalker

September 25th, 2008, 02:42 AM

@lemonades,

If you have some free time and if it is comfortable with you, i suggest you better visit the two schools personally.

I hope that there are forumers here from UP-Cebu that can give you some more insights of UP-Cebu.

As for UP-Cebu's reputation, i would say that it is fairly popular and highly respected school in Cebu.

habagatcentral1

September 25th, 2008, 03:01 AM

^^ I think UP Visayas-Cebu College just got a CHED recommendation for being a just got
"Center for Excellence in Computer Science" in the region.

Well anyway, I think President Roman has some juicy plans for UPVCC's further expansion and improvement of the curriculum. :)

dive-cebu

September 25th, 2008, 03:14 AM

i also agree with u bai sleepwalker. basin mo ingon sila nga biased ang most of the posts because many forumers here are carolinians... :)

@lemonades,

If you have some free time and if it is comfortable with you, i suggest you better visit the two schools personally.

I hope that there are forumers here from UP-Cebu that can give you some more insights of UP-Cebu.

As for UP-Cebu's reputation, i would say that it is fairly popular and highly respected school in Cebu.

betro

September 25th, 2008, 04:34 AM

DoT wants tax perks for tourism, healthcare projects

By Ronnel Domingo
Philippine Daily Inquirer
First Posted 03:09:00 09/24/2008

The Department of Tourism (DoT) recommended tax incentives for P9.1 billion worth of new and expansion projects in the first half of the year, department data show.

DoT data show nine projects: LKY Hotel (formerly Mayon Hotel) in Legazpi City, Imperial Palace Waterpark Resort and Spa in Lapu-Lapu City, Microtel Inns and Suites in Cabanatuan City, Park Bed & Breakfast Hotel & Restaurant in Pasay City, Hotel Kimikarlai in Cagayan, ABC Apartel in Angeles City, Hotel Vida Resort Complex in Pampanga, Paseo Premiere Hotel in Laguna province, and Bahia de Baler Garden Resort in Aurora province.

The data also show eight expansion and modernization projects, including those of Shangri-La Mactan in Cebu City, Eastbay Arts Recreational Tourism Zone in Rizal province, Country Inn Hotel and Restaurant in Cagayan province, Manila Ocean Park in Manila, Sabin Resorts in Lapu-Lapu City, Peninsula Manila Hotel in Makati City, Makati Medical Center in Makati, and The Medical City in Mandaluyong City.

Shangri-La Mactan plans to refurbish 111 rooms, and the Peninsula 294 rooms.

Maria Victoria Jasmin, head of the DoT tourism investments promotions group, said the projects had applied for registration with the Board of Investments, which would make them eligible for income tax holidays for four to six years and duty-free importation of capital equipment for tourist accommodation and healthcare facilities.

Tourism Secretary Joseph Durano earlier said the Philippine tourism target — five million foreign visitors in 2010 — might not be reached because of insufficient accommodation facilities.

He said current projects would provide some 5,000 rooms but these were not enough and would take about three years to finish. Edited by INQUIRER.net

ivanc

September 25th, 2008, 05:28 AM

MBA? Tray Ateneo Business School in Cebu Holdings, Cebu Business Park

Cebuski78

September 25th, 2008, 06:49 AM

Thursday, September 25, 2008
Aboitiz unit sale ‘good for Cebu’

CEBU City Mayor Tomas Osmeña yesterday said the sale of most of the Aboitiz family’s domestic shipping business is good because it ushers in investments and exposes Cebu to foreign investors.

“They are selling the business, but the service will continue, I think. I don’t think there is any problem there. I’m sure the ships stay here because they are selling the business, not the ships,” the mayor said.

Regional Development Council 7 private sector representative Robert Go, who is also a former governor of the Philippine Chamber of Commerce and Industry, shared Osmeña’s opinion and said that the “bigger chunk” of the cargo in the country ply the Manila-Cebu routes.

“It doesn’t matter who operates the business,” Go said yesterday.

Citing opportunities in other industries, like power, conglomerate Aboitiz Equity Ventures (AEV) announced Tuesday its plan to sell Aboitiz Transport System Corp. (ATSC) and reinvest the money on other ventures that would give the company better returns.

The AEV board of directors disclosed its plan to accept the unsolicited offer of KGLI-NM Holdings Inc. to buy all of AEV’s shareholdings in ATSC, subject to an audit.

KGLI-NM, which is expected to finalize its decision in 60 days, is jointly 60 percent owned by domestic company Negros Holdings and Management Corp. and 40 percent owned by Dutch company KGL Investment BV that is beneficially owned by the Kuwaiti company KGL Investment Company.

Investments

Osmeña said that the sale will also be advantageous to Cebu in terms of luring investments.

“It’s good that we have Middle East businessmen coming in. This is a good way of introducing Cebu (to international businessmen),” the mayor said.

He said that while there is a change of management, the shipping offices remain in the same location and the same people man them so that the service is basically unaltered.

Earlier, AEV chief operating officer Erramon Aboitiz said the transaction is good for the country, the company and the employees because they could keep their jobs. (RHM/CYR)

Fly2Bacolod

September 25th, 2008, 07:34 AM

^^
i agree, it is good for cebu and bacolod.:cheers:

habagatcentral1

September 25th, 2008, 07:42 AM

Sorry guys, promote lang ko, hehe!! :D
Anyway, here's an experience that most tourists don't see or overlooked at:

http://images.habagatcentral.multiply.com/image/3/photos/235/600x600/5/CEBMNL05.jpg?et=BUwdNt94C8ROpsgQow30yg&nmid=116772345

Mactan Island-Cebu Commuter Ferry Cruise Experience (http://taralets.co.cc/2008/09/25/mactan-island-cebu-ferry-cruise-experience/)

dive-cebu

September 25th, 2008, 07:52 AM

you're correct bai! i think this is what lemonades is looking for: education provided by THE Ateneo.

MBA? Tray Ateneo Business School in Cebu Holdings, Cebu Business Park

ZenChedi

September 25th, 2008, 09:03 AM

That's great news bro. I like schools that are highly awarded by international organizations. Somehow, that adds up to the general prestige of the school and the program.

Which one would you think is better bro, for master's level program? Which one would you recommend?

My fear with San Carlos is when I will leave Cebu and won't be able to make use of my San Carlos MBA to its full potential as it is not highly recognized in Manila and abroad. Whereas UP-Cebu is still a UP degree and UP carries more weight in almost all corners of the Philippines and even in some parts of Southeast Asia.

Ateneo has an MBA program here in Cebu. The Ateneo Graduate School of Business offers the MBA program right here in Cebu. You can check out the website for more details. http://www.gsb.ateneo.edu/index.php?p=367. I have a brother who is on his way to finishing the MBA this year. The school is located in Cebu Holdings Center, Cardinal Rosales Ave., Cebu Business Park.

PINOYmeat

September 25th, 2008, 10:33 AM

korean air is cutting its frequency to other parts...... but not in cebu, where they are even increasing their flight frequency :cheers:

Korean Air extends flight cuts on fuel prices, won

SEOUL, Sept 25 (Reuters) - Korean Air Lines Co (003490.KS: Quote, Profile, Research, Stock Buzz), South Korea's top carrier, said on Thursday it would roll previously announced flight cuts into the usually high-demand winter season, citing high fuel prices and the weaker won <KRW=> currency.

"Reflecting the challenging industry circumstances, Korean Air continues to maintain the reduced number of frequencies on 12 routes...Some routes to Europe will also be merged," the company, the world's No. 1 cargo carrier, said in a statement.

The suspension of the Incheon-Las Vegas route will be maintained during the winter season, which starts late October. It increased flight frequency for six routes where demand is high during the winter vacation season, such as the one to Cebu, the Philippines, the company added.

Airlines worldwide are facing a massive hit to earnings from higher fuel costs and weakening demand for travel.

In the April-June quarter, Korean Air reported its first quarterly operating loss in five years with softer won also weighing on fuel bills and foreign currency debt costs.

By 0419 GMT, Korean Air shares were up 0.87 percent at 40,800 won, outperforming the wider market's 0.64 percent loss. (Reporting by Rhee So-eui; Editing by Keiron Henderson)

HERE (http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSEO17515720080925)

dongRoy

September 25th, 2008, 10:42 AM

Hey Guys!

Got this article from abs-cbnnews.com

http://abs-cbnnews.com/features/09/22/08/dancing-prisoners-why-it-isn%E2%80%99t-funny-anymore

'say masulti ninyo? does he have a point?

Kung tinudanay ni nga allegation -

Moreover, isn’t the Cebu detention center profiting from all of these dance routines? Sure, the prisoners may be getting a small part of the business income from these dances, but the detention center allegedly gets the bigger share.

Then indeed, it isn't funny anymore. However, the Dancing itself is just a form of exercise and a social activity for the prisoners. It is simply a part of their rehabilitation program.

An interview by the Associated Press in August 2007 reveals that for some prisoners, the dancing exercise is a relief from the daily rigors of the imprisoned life. It gives them something to do, compels them to exercise, allows them to freely socialize, and minimizes violence among fellow inmates.

Some say it serves as a good rehabilitation for them peculiarly because they are in a detention and rehabilitation facility. For others, being famous is a good thing. Certainly they realize that they are still in prison, either serving a few years or awaiting trial for murder charges, drug offenses and similar crimes. As criminal trials in the Philippines take a very long time to conclude (e.g. change of lawyers mid-way, delay in prosecution, or serial postponements of trial dates by judges), some say it’s a relief.

Pero di man siguro pud ngilad kung buot lang sad nato hunahunaon ang kaayo nga mahatag niini sa atong mga kaigsoonan nga nakasala. Angang man pud ug ato silang ingnan nga, "Hoy! undangon nalang ta ni atong sayaw-sayaw kay gikauwaw na 'ta atong mga datu nga kaigsoonan nga tua sa gawas." Madismaya pud ang mga piniriso ana. Nalingaw na gud unta sila unya para sa kadaghanan nila, epiktibo man ang maong pamaagi sa pagrehabilitate. Usa pud, may' nalang nang makatilaw sila ug kasikat bisan sa ingon ana nalang nga paagi, bisan diha lang sa Youtube. Konsuelo nalang na nila. Kung gikauwaw na na sila sa mga news network sa pilipinas, dili nalang unta sila magsige'g himo ug news about nila. dba?

Apan dili lang sad dyud angay nga makalimtan sa Cebu Rehab Center ang tumong ug tinguha sa maong programa. The intention of the program is to rehabilitate. Not to promote for profit. Should donations come in, then proceeds should be allocated to further develop the inmates' rehabilitation process or be given as rewards to boost inmates' morale. Say, perhaps for inmates' health care or better yet, for their beneficiaries, kadtong ilang mga nabiyaan. Gamiton lang unta ang kuwarta para ra pud sa kaayo sa mga inmates.

Perhaps naa ninyo mahibung ug ngano musimpatiya ko sa mga rapist ug kawatan ug killer. Kana man gud sila, parehas ra na sila nato. Kita pud, sama nila, nakasala ra pud. Tuod man, ilang sala mas grabe sa ato-a, mao nang kinahanglan dyud sila mabuwag sa atong society. Kung sa Wanted pa, kill one, save a thousand. But if we should separate them from the greater society, we might as well house them in a facility and in an environment where they would want to stay and belong. Give these prisoners a chance to experience love and camaraderie and social cooperation. Kay kung di man gud ayohon ang ilang kinabuhi sa sulod sa prisohan, ug mubalik na na sila sa greater society, magdala ra na sila ug kalagot sa ilang mga kasingkasing, mubuhat ra gihapon na sila sa ilang kaarang binuhatan.

Kadaghanan raba dyud niining mga atong piniriso kay mga kabos ug uyamot. Natintal lamang ug pangawat bunga sa kagutom. Nakapamatay ug tao, nangrape tungod kay wa na sa saktong panghunahuna, nalumos sa drugas ug alkohol or nabugatan lang dyud sa iyang gidangatan sa kinabuhi. Apan ang mga dato na nagpasulod ug namaligya sa mga drogas, nagsibya sa kalaswaan sa panganod, nangawat sa kuwarta sa katawhan, tua! Naglipaylipay! Wa dyud napriso!

Mao bitaw ni nakaapan nato. Sa kadugayng panahon, atong kaugalingon ra dyud atong pirming hunahunaon. Nakalimtan na nato ang kaayohan sa atong isikatao. Unya raba, sama niining isyuha, makaapektar na gani ang atong isikatao sa atong hayahay nga kinabuhi, dayon lang 'ta ug panaway ug condemn nila. Sakit pamalandungon sah?

Cebuski78

September 25th, 2008, 11:50 AM

gikasuya-an rana sila sa uban kay hingsikat man..luoya cebu oi pirme raman kasuya-an...:ohno:

Wind Shear

September 25th, 2008, 12:10 PM

Just butted in on jmaunes's statement.

Their News and Public Affairs is funny.

diehardbisdak

September 25th, 2008, 12:34 PM

... bai @lemonades, experience ko working in Manila for almost 3 years...na-su-surprise ako palagi kasi halos lahat na nakilala ko from reputable schools in Manila, alam na alam nila ang USC...pero karamihan na pinupuri nila ay sa Commerce at sa Engineering courses..

My fear with San Carlos is when I will leave Cebu and won't be able to make use of my San Carlos MBA to its full potential as it is not highly recognized in Manila...

marxman

September 25th, 2008, 12:55 PM

diehardbisdak

September 25th, 2008, 01:36 PM

dark_knight_detectve

September 25th, 2008, 02:10 PM

Islands Banca Cruises to go full swing by ‘09 (http://www.philstar.com/archives.php?aid=20080924131&type=2)

Thursday, September 25, 2008
A newly established company Islands Banca Cruises Corporation is set to acquire and accredit 15 bancas, as the company sets to go full swing by summer of 2009 taking advantage of the promising sea and island-based adventure tourism in Cebu, and other neighboring islands in the Visayas.

Islands Banca Cruises, Corporation, a company under the Islands Group of the Islands Souvenirs Inc. (ISI) holding firm, started its operations in May of this year, to elevate the services offered for island-hopping and other water-sports activities in Cebu.

The company, which incurred a small capitalization of P2 million to start with three "banca' or wooden vessels, is now getting to a more serious business, professionalizing and improving this business formerly categorized as a cottage industry, operated by mostly fishermen bringing travelers to small islands for site-seeing, snorkeling, and diving, among others.

A banca is an archetypical Philippine boat, fundamentally, a sturdy, deep-hulled outrigger canoe designed primarily for inter-island transport. Despite being very simple, almost rustic, a banca is a stable, reliable and fast vessel.

An Island Banca, on the other hand, is a more streamlined, elegantly styled, and efficient version of the traditional motorized banca, fondly called a "pumpboat." It combines the versatility and speed of a classic banca, with the convenience and reliability of modern transport and travel.

Because of this huge business potential in helping to promote the emerging"adventure tourism" component of Cebu, the company will be formally launched this coming weekened to be graced by no less than Department of Tourism (DOT) secretary Joseph Ace Durano.

In a press conference held Tuesday, Islands Banca Cruises, Corporation president and chief executive officer (CEO) Jay P. Aldeguer said that in Cebu, there is a big market for Island Hopping service, including other water sport activities.

"We are going to have our 'all out' expansion next year, before summer. The company will at least acquire or outsource 15 vessels to be on standby to accommodate our increasing demands for island-hopping packages," Aldeguer said.

"Adventure tourism is picking up. The Philippines is pushing adventure tourism. Gone were the days that hotels, and resorts were one of the main attractions. Now, guests would like to go out from their hotels/resorts and constantly trying to look for activities outside," Aldeguer said.

As of now, while the company has only maintained three vessels, the 35-40 seater "Butanding", the medium-sized "Butete" and the smallest "Bulinao" that can only accommodate 20 people (including the crew), the company is doing outsourcing deals with existing boat owners in Mactan Island, if bookings can not be accommodated by the three boats.

Aside from island hopping, the new company also offers other water-sport activities such as snorkeling, dive safaris (Malapascua, Moalboal, Bohol and Dumaguete); fish feeding (Gilutungan, Nalusuan and Talima); Lechon Barbeque Picnic in several islets in Cebu like Pandanon, Gilutungan, Nalusuan and Camugi, Sunset Diners; Dolphin Watching (Sogod, Camotes); Kayaking (Mactan, Olango and Gilutungan).

Unlike the traditional pumpboat ride, Islands Banca offers beverages, light snacks, and toiletries and Spa (service) on board, with comfortable bean bags. It also offers water-sports equipment for rent.

Realizing the growing sophisticated market that can not last a day without being connected to the Internet, Aldeguer said the boats will soon be WiFi ready, while iPod ready set-up is already installed.

"I am excited about the company," he said explaining that although there is a strong temptation to offer similar services in other provinces, like Boracay and Bohol, he said "Cebu market is more than enough for us [right now] to keep us busy." – Ehda M. Dagooc

Back to top

SleMarKen

September 25th, 2008, 02:25 PM

^^

CebuTV28, Penrex and Wacky all went down the drain.

Islands Souvenirs, Loalde and USA Sports are not doing so well anymore.

ALA Gym and the ALA Boxing Stable could be their only profitable ventures.

I hope Islands Banca Cruises will re-float the Aldeguers' reputation.

slimer

September 25th, 2008, 02:27 PM

betro

September 25th, 2008, 03:08 PM

sure gyud nga naa ni newspapers ugma bai! excited na ko makakita dah hehehe...:)

Maayo unta naay nakaadto sa presentation sa FILINVEST nga taga SSC Cebu. Wait nalang jud ta sa balita ani. hehehehe

LordCarnal

September 25th, 2008, 03:17 PM

Oh, I remember those days when Penshoppe used to be based in Cebu City. One of the company's print ad models was actually a cousin of mine, Ivan Bannis, who was on his junior year at San Carlos University at the time he was recruited. :lol: I truly admire the company. So, the owner is an USC alumnus? Great...

As to my inquiry, bro, I was specifically asking for the graduate level programs in business. I was asking for the Master of Business Administration (MBA) of USC and the Master in Management (MM) of UP-Cebu. I'd like to know which school and which program is more respected between the two. I hope you can share more about them as my wife and I are seriously considering of moving to Cebu and while she will work at Shangri La, I will attend a formal school at postgraduate level.

Anybody is welcome to share his/her personal opinion on this. Thank you in advance.

Lemon

PS. My bisaya is not very good at the moment. Would I survive at USC if I don’t speak bisaya very well?

If you want to be satisfied, there's actually an Ateneo de Manila MBA program here in Cebu.

It's located at CHI Building, near Ayala Center at the Cebu Business Park.

Why not enroll there, hehe.

:)

diehardbisdak

September 25th, 2008, 03:23 PM

flickr pics by @oscarmachaconjr

Marriott @ CBP
http://farm4.static.flickr.com/3157/2886623807_c9f6ff2165.jpg?v=0

Arcenas Estate
http://farm4.static.flickr.com/3279/2885089526_c9b655906d.jpg?v=0

LordCarnal

September 25th, 2008, 03:25 PM

Regarding the dancing prisoners, yes I agree with the article.

Actually, it's being "overdone" already, pretty much like SPAM, with more than a dozen videos posted in YouTube.

:)

techychef

September 25th, 2008, 03:26 PM

LordCarnal

September 25th, 2008, 03:29 PM

...i hope na-a sa front page sa mga newspapers ugma ang scale model sa plano sa Filinvest for SRP... ni-ingon baya 'to si Mayor Tom nga transparent siya sa tanang dealings niya sa SRP...i'm pretty sure ang media people di gyud magpa-uwahi...

Maayo unta naay nakaadto sa presentation sa FILINVEST nga taga SSC Cebu. Wait nalang jud ta sa balita ani. hehehehe

Sayang! If only I logged in at SSC this morning...

Anyway what I'm just up to is the food, haha. Press conferences like this especially if it's held at the Casino Español will always have buffet (I guess)..

..

LordCarnal

September 25th, 2008, 03:31 PM

flickr pics by @oscarmachaconjr

Arcenas Estate
http://farm4.static.flickr.com/3279/2885089526_c9b655906d.jpg?v=0

The expansion building of Convergys at Paseo Arcenas is nearing completion.. It's around two storeys..

:banana:

dark_knight_detectve

September 25th, 2008, 03:34 PM

‘Banca’ cruise trade boosts adventure tourism in Cebu (http://www.mb.com.ph/issues/2008/09/25/PROV20080925136209.html)

Malou M. Mozo, Mars W. Mosqueda Jr.

OLANGO ISLAND, Mactan — Adventure tourism enthusiasts can now enjoy more attractions in Cebu after a Cebuano entrepreneur ventured into the "banca" business (motorized pumpboats), capitalizing on the increasing demand for island-hopping on nearby islands here.

Jay Aldeguer, president and chief executive officer of The Islands Group, opened recently a new company called Islands Banca Cruises Corp. that provides decent transportation facilities that ferry tourists to different island destinations surrounding Cebu.

He said the "banca cruise" is in response to the growing popularity of adventure tourism being promoted by the Department of Tourism (DoT) with Cebu as a leisure destination in the south.

"Adventure tourism is picking up in Cebu. This ‘banca cruise’ will help enhance the attractiveness of the island making it more memorable for the tourists who come here," Aldeguer said in an interview last Tuesday.

"Island hopping and other sea-based activities are part of a leisure itinerary of a tourist especially when visiting Cebu because of the beaches and islands. I see the opportunity of providing a transportation facility through the ‘banca’ that offers good service and amenities," he said.

Because Cebu is one of the top diving destinations in Central Visayas, Aldeguer said, a "banca" ideal for island hopping is a viable small-scale business that will complement this kind of tourism.

Diving sites, such as Mactan’s Gilutungan and Nalusuan island marine sanctuaries, are a short 20 to 30-minute "banca" ride from Mactan Island.

Even the bird watching activities in Olango Island, which is among the adventure tourism package promotion of DoT, will benefit from this business. Bird watching, Tourism Secretary Ace Durano had earlier said adventure tourism is seen to become the next exciting tourism attraction of the country, attracting the high-spending European market.

Islands banca cruises, Aldeguer said, will jumpstart the trend in "professionalizing" the standard of services offered by the island hopping "banca" facilities.

Visitors on board Islands Banca Cruises are guaranteed of professional service, complete with welcome drinks, hot and cold towels, and entertainment activities while visiting nearby islands in Cebu like Malapascua and Bantayan, even as far as Bohol and Apo Island, Aldeguer said.

At present, the company maintains three boats of several sizes with a sitting capacity of up to 40 people.

Aldeguer said he has outsourced small-scale "banca" operators especially during summer.

henji

September 25th, 2008, 03:38 PM

^^ hapit na ang opening sa ACC Leisure Oasis.. some shops inside the entertainment complex have also closed, maybe in preparation for the renovation of it and turning it into a new complex..

im very excited in this project. do you have an idea when is the sinulog festivities? we will be visiting cebu january next year.

rau

September 25th, 2008, 03:50 PM

unsay okasyon sa colon nga ila naman pud gisirad-an ang dalan colon? nag night market napud silag balik didto! trapik hinuon kaayo! :mad:

AmbutLang

September 25th, 2008, 04:20 PM

^^ yep, again

@henji, Sinulog 2009 Grand Parade will be on the Sunday of January.

slimer

September 25th, 2008, 04:24 PM

do you have an idea when is the sinulog festivities? we will be visiting cebu january next year.

Sinulog is held every "3rd Sunday" of January.

Bhan Jojo Ngoi

September 25th, 2008, 05:05 PM

Lunch Break...
http://i128.photobucket.com/albums/p196/vanjoe17/09252008031.jpg
Keppel, FGU, LExmark, Marriot, Leisure Oasis atbp.

http://i128.photobucket.com/albums/p196/vanjoe17/09252008035.jpg
Clean&Green

http://i128.photobucket.com/albums/p196/vanjoe17/09252008034.jpg
Pangitaa ang Hong Kong Plaza?

...karon pa jud ko kahuna-huna ug post pix dire SSC.. duka kaayo sa office gud..:)

rau

September 25th, 2008, 07:00 PM

Filinvest to pour P80B at the SRP (http://www.philstar.com/index.php?Local%20News&p=52&type=1&sec=70&op=40&om=57)
By Jasmin R. Uy
Friday, September 26, 2008

The Cebu City Government yesterday received a formal offer for a multi-billion peso investment in the South Road Properties by Filinvest Land Incorporated (FLI).

The company has offered to develop 50 hectares of the reclaimed property to put up buildings, and other establishments.

The company is offering to buy 10 hectares at P2 billion and has proposed a joint-project scheme with the city for the remaining 40 hectares that it proposes to also utilize.

Officials of FLI met with Cebu City Mayor Tomas Osmeña and members of the city council last night at Casino Español to announce the unsolicited offer.

Osmeña said that this is still an initial offer and the city will still wait for other interested bidders.

FLI Vice President for Visayas and Mindanao Projects Tristan Las Marias said that they plan to put up hotels, condominiums, a corporate headquarters and hospitals in the 50 hectares they are proposing to develop.

He said that they have already expressed intention of investing at SRP four years ago, but it the process was quite long as the city was still studying what to do about it.

The city government is particular on the types of businesses that would be established at the SRP. There are certain types of businesses like heavy factories, gambling establishments and motels that are not welcome in the area.

Las Marias said that if their proposal will be approved, the project will be done in phases.

They are planning to put up five to eight buildings once they get the nod of the city.

He said that they are targeting the international market for the project that is estimated to cost at least P80 billion.

Joel Mari Yu, managing director of the Cebu Investment and Promotions Center (CIPC), said that joint ventures can be done according to the guidelines of the National Economic Development Authority (NEDA).

NEDA’s guidelines on joint ventures, implemented through Executive Order 423 last May, covers government-owned and controlled corporations, government corporate entities, government financial institutions and state colleges and universities.

Local government units are not covered by the guidelines, but the city will pattern a possible joint-venture agreement with those that are already being done.

Through a joint venture, the city can earn more from the SRP than through the sale of lots.

Osmeña said that he has received many offers from other investors for the SRP, but these have been very casual.

“I want something serious that will warrant the deliberation of the city council,” he said.

Osmeña explained that if the city agrees with the terms and conditions of the proposal, they will be inviting the public to challenge the proposal of the original proponent.

“The challenger will be asked to come up with another proposal to match that of the original proponent and the city will also ask the original proponent if they can match the challenger too. Whoever comes up with a superior proposal, that proponent will win,” he said.

FLI is one of the largest real estate companies in the Philippines.

It is a publicly listed, full-range residential developer that has transformed over 1,800 hectares of raw land in the last 40 years, into homes for over 100,000 satisfied Filipino families.

With this development Tinago Barangay Councilman Joel Garganera, a staunch critic of Osmeña who said that he would resign from his post if the city would be able to sell a portion of the SRP before the year ends, might have to start packing up.

Earlier Garganera has dared Osmeña to resign from office if the city could not sell any portion of the SRP to investors within this year while also assuring that he will be resigning from his post if the city will sell a huge chunk of the SRP. –(/NLQ)

-------------------------------

80 billion? kagamay..:lol:

rau

September 25th, 2008, 07:18 PM

Friday, September 26, 2008
Bid offered on 50 hectares SRP lots (http://www.sunstar.com.ph/static/ceb/2008/09/26/news/bid.offered.on.50.hectares.srp.lots.html)
By Linette C. Ramos
Sun.Star Staff Reporter

FOUR years after it started paying for the loan, the Cebu City Government received the first offer to develop a 50-hectare portion of the South Road Properties (SRP), including an outright purchase of 10 hectares worth P2 billion.

Filinvest Land Inc. (FLI) submitted to Mayor Tomas Osmeña last night its unsolicited proposal to undertake a joint venture agreement with the City, where the latter will get at least 10 percent of FLI’s gross sales every year.

FLI will invest at least P80 billion in the project, which will include “mid-level to ultra high-end” residential buildings, a medium-rise complex, a cluster of high-rise hotels, retirement and medical facility and commercial areas, said Tristan Las Marias, the firm’s vice president for Visayas and Mindanao.

It also pledged to bring several corporate headquarters to the SRP.

“Given the potentials of the SRP and the business-friendly environment in Cebu City, Filinvest is proud to make an unsolicited proposal for an integrated and master planned development of a 50-hectare portion of the SRP under a joint venture agreement,” Las Marias announced last night.

With the P2 billion projected income from the outright purchase of 10 hectares, the City will have enough funds to pay for more than half of the balance of the loan principal.

The amount, though, will be paid in installment for a period of four to five years.

The City has a balance of some P3.3 billion for the principal of the loan made with the Japan Bank for International Cooperation (JBIC) for the SRP, excluding interests and guarantee fees.

FLI vice chairman Andrew Gotianun Jr. flew to Cebu yesterday to present their proposal to Osmeña, Vice Mayor Michael Rama and the city councilors at the Casino Español de Cebu.

The project will cover some 11.26 hectares of seafront property, prime lots along the South Coastal Road and some interior lots.

Timetable

Although the submission of the proposal is only the first step, the Cebu Investments and Promotion Center (CIPC), the marketing arm of the SRP, hopes to award the project before the year ends.

“This will entail a very detailed activity of evaluating the proposal. If everything goes well, by the end of the year, we will be able to award the project,” CIPC managing director Joel Mari Yu told a press conference last night.

The procedures, however, could take longer than three months.

Yu explained that the proposal, which includes the project proposal and the contractual arrangement, will now be evaluated by the City Government.

Osmeña said the evaluation of the proposal will be “fairly fast” if it is found consistent with the City’s guidelines for joint venture agreements.

If it is acceptable to the City, the proposal will go to the City Council for further review and ratification.

Once approved, the proposal will be offered to the public for the unsolicited bid challenge using the Swiss challenge model.

Challenge

“This means that other developers can challenge FLI’s offer and if the challenger comes up with a proposal that is superior to the original proponent’s, we can ask FLI to match that offer. And if they are not willing to match it, then it goes to the highest bidder,” Yu said.

Interested developers will be given 90 days from the date of publication of the bid to submit their proposals.

Osmeña said, though, that the City will be selective with the challengers.

“While this is open for other developers to challenge, only qualified investors of the same stature and magnitude as (FLI) will be allowed to bid. We will not allow some developers from Samar who want to challenge it to come in. It has to have the same background and track record as (FLI),” he said during the press conference.

The SRP has so far cost the City some P2.76 billion in loan payments, interests and guarantee fees paid to the JBIC and the National Government.

Break

Since its construction began in 1997, the project hit some snags, including delays in the titling as a result of the adverse claims of a portion of the SRP by the Talisay City Government.

The proposed joint venture agreement allows profit-sharing, and a sharing of investment risks at the same time, the mayor said.

“A joint venture simply means partnership. There will be a sharing of profits and the sharing of risks… Under a joint venture, the profits are usually divided but in this case, we are just getting a percentage of the sales, basically 10 percent of the gross sales,” the mayor explained to the media and the City officials.

“Whether or not (FLI) gets profit, we get 10 percent of whatever sales they will get from building units, and we are guaranteed a minimum repayment of the sale price of the lots, plus, plus,” he continued.

Osmeña also guaranteed that the project will take off before his term ends in 2010.

No mad dogs

“And I guarantee you there will be no irong buang (mad dogs) at the SRP,” he said in jest, apparently referring to Capitol officials’ taunts that only rabid dogs are interested in the SRP.

Las Marias said they wanted to invest in the SRP four years ago yet, but the City still did not have the titles to the property, and it was still getting clearance from JBIC, the National Economic and Development Authority and the Commission on Audit.

When asked how long it will take FLI to complete the project, Las Marias said it may go on for many decades, depending on market demands.

If they win the bidding, FLI plans to start construction of the first phase immediately after the awarding of the contract and as soon as they get the permits from government agencies.

The seafront area will be the project’s main attraction and the selling point of the development.

“Everything will be market-driven. Even for the first phase, which will involve five to eight buildings, we don’t know how soon it will be completed. It will depend on what the market wants,” he said.

federalist

September 25th, 2008, 07:27 PM

Filinvest to pour P80B at the SRP (http://www.philstar.com/index.php?Local%20News&p=52&type=1&sec=70&op=40&om=57)
By Jasmin R. Uy
Friday, September 26, 2008

The Cebu City Government yesterday received a formal offer for a multi-billion peso investment in the South Road Properties by Filinvest Land Incorporated (FLI).

The company has offered to develop 50 hectares of the reclaimed property to put up buildings, and other establishments.

The company is offering to buy 10 hectares at P2 billion and has proposed a joint-project scheme with the city for the remaining 40 hectares that it proposes to also utilize.

Officials of FLI met with Cebu City Mayor Tomas Osmeña and members of the city council last night at Casino Español to announce the unsolicited offer.

Osmeña said that this is still an initial offer and the city will still wait for other interested bidders.

FLI Vice President for Visayas and Mindanao Projects Tristan Las Marias said that they plan to put up hotels, condominiums, a corporate headquarters and hospitals in the 50 hectares they are proposing to develop.

He said that they have already expressed intention of investing at SRP four years ago, but it the process was quite long as the city was still studying what to do about it.

The city government is particular on the types of businesses that would be established at the SRP. There are certain types of businesses like heavy factories, gambling establishments and motels that are not welcome in the area.

Las Marias said that if their proposal will be approved, the project will be done in phases.

They are planning to put up five to eight buildings once they get the nod of the city.
He said that they are targeting the international market for the project that is estimated to cost at least P80 billion.

Joel Mari Yu, managing director of the Cebu Investment and Promotions Center (CIPC), said that joint ventures can be done according to the guidelines of the National Economic Development Authority (NEDA).

NEDA’s guidelines on joint ventures, implemented through Executive Order 423 last May, covers government-owned and controlled corporations, government corporate entities, government financial institutions and state colleges and universities.

Local government units are not covered by the guidelines, but the city will pattern a possible joint-venture agreement with those that are already being done.

Through a joint venture, the city can earn more from the SRP than through the sale of lots.

Osmeña said that he has received many offers from other investors for the SRP, but these have been very casual.

“I want something serious that will warrant the deliberation of the city council,” he said.

Osmeña explained that if the city agrees with the terms and conditions of the proposal, they will be inviting the public to challenge the proposal of the original proponent.

“The challenger will be asked to come up with another proposal to match that of the original proponent and the city will also ask the original proponent if they can match the challenger too. Whoever comes up with a superior proposal, that proponent will win,” he said.

FLI is one of the largest real estate companies in the Philippines.

It is a publicly listed, full-range residential developer that has transformed over 1,800 hectares of raw land in the last 40 years, into homes for over 100,000 satisfied Filipino families.

With this development Tinago Barangay Councilman Joel Garganera, a staunch critic of Osmeña who said that he would resign from his post if the city would be able to sell a portion of the SRP before the year ends, might have to start packing up.

Earlier Garganera has dared Osmeña to resign from office if the city could not sell any portion of the SRP to investors within this year while also assuring that he will be resigning from his post if the city will sell a huge chunk of the SRP. –(/NLQ)

-------------------------------

80 billion? kagamay..:lol:

^^

nakutasan sad ko nagbasa ani dah! :banana::banana::banana:

Jimbu

September 25th, 2008, 07:27 PM

Friday, September 26, 2008
Bid offered on 50-hectare SRP lots (http://www.sunstar.com.ph/static/net/2008/09/26/bid.offered.on.50.hectare.srp.lots.html)
By Linette C. Ramos

CEBU CITY -- Four years after it started paying for the loan, the Cebu City Government received the first offer to develop a 50-hectare portion of the South Road Properties (SRP), including an outright purchase of 10 hectares worth P2 billion.

Filinvest Land Inc. (FLI) submitted to Mayor Tomas Osmeña Thursday night its unsolicited proposal to undertake a joint venture agreement with the City, where the latter will get at least 10 percent of FLI’s gross sales every year.

FLI will invest at least P80 billion in the project, which will include “mid-level to ultra high-end” residential buildings, a medium-rise complex, a cluster of high-rise hotels, retirement and medical facility and commercial areas, said Tristan Las Marias, the firm’s vice president for Visayas and Mindanao.

It also pledged to bring several corporate headquarters to the SRP.

“Given the potentials of the SRP and the business-friendly environment in Cebu City, Filinvest is proud to make an unsolicited proposal for an integrated and master planned development of a 50-hectare portion of the SRP under a joint venture agreement,” Las Marias announced Thursday night.

With the P2 billion projected income from the outright purchase of 10 hectares, the City will have enough funds to pay for more than half of the balance of the loan principal.

The amount, though, will be paid in installment for a period of four to five years.

The City has a balance of some P3.3 billion for the principal of the loan made with the Japan Bank for International Cooperation (JBIC) for the SRP, excluding interests and guarantee fees.

FLI vice chairman Andrew Gotianun Jr. flew to Cebu Thursday to present their proposal to Osmeña, Vice Mayor Michael Rama and the city councilors at the Casino Español de Cebu.

The project will cover some 11.26 hectares of seafront property, prime lots along the South Coastal Road and some interior lots.

Timetable

Although the submission of the proposal is only the first step, the Cebu Investments and Promotion Center (CIPC), the marketing arm of the SRP, hopes to award the project before the year ends.

“This will entail a very detailed activity of evaluating the proposal. If everything goes well, by the end of the year, we will be able to award the project,” CIPC managing director Joel Mari Yu told a press conference Thursday night.

The procedures, however, could take longer than three months.

Yu explained that the proposal, which includes the project proposal and the contractual arrangement, will now be evaluated by the City Government.

Osmeña said the evaluation of the proposal will be “fairly fast” if it is found consistent with the City’s guidelines for joint venture agreements.

If it is acceptable to the City, the proposal will go to the City Council for further review and ratification.

Once approved, the proposal will be offered to the public for the unsolicited bid challenge using the Swiss challenge model.

Challenge

“This means that other developers can challenge FLI’s offer and if the challenger comes up with a proposal that is superior to the original proponent’s, we can ask FLI to match that offer. And if they are not willing to match it, then it goes to the highest bidder,” Yu said.

Interested developers will be given 90 days from the date of publication of the bid to submit their proposals.

Osmeña said, though, that the City will be selective with the challengers.

“While this is open for other developers to challenge, only qualified investors of the same stature and magnitude as (FLI) will be allowed to bid. We will not allow some developers from Samar who want to challenge it to come in. It has to have the same background and track record as (FLI),” he said during the press conference.

The SRP has so far cost the City some P2.76 billion in loan payments, interests and guarantee fees paid to the JBIC and the National Government.

Break

Since its construction began in 1997, the project hit some snags, including delays in the titling as a result of the adverse claims of a portion of the SRP by the Talisay City Government.

The proposed joint venture agreement allows profit-sharing, and a sharing of investment risks at the same time, the mayor said.

“A joint venture simply means partnership. There will be a sharing of profits and the sharing of risks… Under a joint venture, the profits are usually divided but in this case, we are just getting a percentage of the sales, basically 10 percent of the gross sales,” the mayor explained to the media and the City officials.

“Whether or not (FLI) gets profit, we get 10 percent of whatever sales they will get from building units, and we are guaranteed a minimum repayment of the sale price of the lots, plus, plus,” he continued.

Osmeña also guaranteed that the project will take off before his term ends in 2010.

No mad dogs

“And I guarantee you there will be no irong buang (mad dogs) at the SRP,” he said in jest, apparently referring to Capitol officials’ taunts that only rabid dogs are interested in the SRP. :)

Las Marias said they wanted to invest in the SRP four years ago yet, but the City still did not have the titles to the property, and it was still getting clearance from JBIC, the National Economic and Development Authority and the Commission on Audit.

When asked how long it will take FLI to complete the project, Las Marias said it may go on for many decades, depending on market demands.

If they win the bidding, FLI plans to start construction of the first phase immediately after the awarding of the contract and as soon as they get the permits from government agencies.

The seafront area will be the project’s main attraction and the selling point of the development.

“Everything will be market-driven. Even for the first phase, which will involve five to eight buildings, we don’t know how soon it will be completed. It will depend on what the market wants,” he said.(Sun.Star Cebu)

rau

September 25th, 2008, 07:31 PM

^^ wala jud nagmention ug mall complex ang filinvest, so obviously, dili sila magput-up ug mall.. lahi ang moput-up ug mall sa SRP

diehardbisdak

September 25th, 2008, 07:33 PM

^^ 80 billion! :eek:

:applause: :cheers: :applause:

...guys, sa sun-star ONLINE, it is indicated nga na-ay picture sa location sa SRP where Filinvest will deveop...i hope someone will scan that photo sa newspaper...salamat in advance!

************

http://www.sunstar.com.ph/static/ceb/2008/09/26/article_272867_09-26-2008.jpg
Cebu City Mayor Tomas Osmeña (third from left) and Filinvest Land Corp. president Andrew Gotianun Jr. show document containing the company’s proposal. With them at the Casino Español press con-ference are House Deputy Speaker and north district Rep. Raul del Mar (left) and Vice Mayor Michael Rama. Location map shows the area (in green) affected by Filinvest’s proposal. The mayor is confident the project will start before his term ends in 2010.(Sun.star photo/Arni Aclao)

rau

September 25th, 2008, 07:36 PM

Blair

September 25th, 2008, 07:37 PM

^^

naa tingali mall, basin nakalimtan lang ug mention..:)
i can't wait to see the design,hehe..:banana::banana::banana:

diehardbisdak

September 25th, 2008, 07:38 PM

...kanang commercial areas diay...hehehhe! pero....ehemmSM...hehhe!

...pero na excited ko sa "cluster of hi-rises: hotels, retirement og medical facility

^^ wala jud nagmention ug mall complex ang filinvest, so obviously, dili sila magput-up ug mall.. lahi ang moput-up ug mall sa SRP

diehardbisdak

September 25th, 2008, 07:46 PM

...suma total, kung madayon ni...more than 100 billion na ang investment sa Cebu from Filinvest including sa mga previous and present projects...heheh! ..kahinumdun nuon ko nga duna'y nag react about sa 10 billion...hahhahahaha!

ehem, its not 80 billion.. its at least 80 billion! :cheers:

diehardbisdak

September 25th, 2008, 07:48 PM

^^ Love jud ni Gotianun ang Cebu...ang yutang natawhan sa iyang mga ginikanan...! :okay:

SineBuano

September 25th, 2008, 07:49 PM

Nindot ning transaksyon sa SRP dah kay bilyon bilyon bisan mapiskan lang ta og linibu ok na.

Anyway, it is really a welcome news.

Mercato

September 25th, 2008, 07:57 PM

I've been based here in Los Angeles for more than 22 years now and believe me unless you go to the most prestigious universities in Europe or the top universities here in the US, I wouldn't worry too much about picking between the two. USC is just as accredited in the US as UP. Locally (Phil), UP's advantage is it's board exam record and popularity over USC. Overall it boils down to the individual, an excellent candidate's qualification is backed up by his broad knowledge of the job, his excellent past job performance and track record, awards, recognitions and recommendations from past employers and supervisors and most important his excellent communication skills.
Proud Carolinian here... USC-TC :yes: ... it's really more about the individual rather than on the school...
http://www.clipartof.com/images/emoticons/xsmall2/721_darth_vader_fighting_luke_skywalker.gif

diehardbisdak

September 25th, 2008, 08:00 PM

^^ pero sa pilipinas bai, mo-matter pa gihapon kung asa ka gikan...except lang gyud kung Top 10 ka sa board exam...heheheh!

************

sa latest development on SRP....go go Cebu!

http://i104.photobucket.com/albums/m195/diehardbisdako/cebu_pride_of_place.jpg

diehardbisdak

September 25th, 2008, 08:10 PM

...will this be the sea-front property that Filinvest will develop?

http://i104.photobucket.com/albums/m195/diehardbisdako/bigfoot.jpg

http://www.imageocean.net/images/8b1mdai1k04vb08s6g0.jpg

http://www.imageocean.net/images/7pse9zsib3qa3df9vgi2.jpg

Jimbu

September 25th, 2008, 08:22 PM

diehardbisdak

September 25th, 2008, 08:34 PM

Or, this?

http://www.imageocean.net/images/597yp20wp12je2pekx2.jpg

http://www.imageocean.net/images/cdjboythkrezty7lvoh.jpg

http://www.imageocean.net/images/tjw6bbhuwb0sub13fuik.jpg

diehardbisdak

September 25th, 2008, 08:40 PM

^^ @BanJojoNgoi...sa Pag-Ibig Tower ka nag work bai? ..nice pics!

...the pic looks Makati-ish...much more kung mahuman na ang massive 12-storey INSULAR LIFE (on that lot sa lower right side of the pic)
http://i128.photobucket.com/albums/p196/vanjoe17/09252008035.jpg

Cebuski78

September 25th, 2008, 09:31 PM

ang ako ra ikasulti is waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!
mabuang kos kalipay!!!!!!!!!!!!!!!!!!!!!!!

diehardbisdak

September 25th, 2008, 09:53 PM

Now in Cebu!

http://www.imageocean.net/images/rchol2e6wa59jru4w457.jpg

www.avatrian.com
http://farm3.static.flickr.com/2326/2261345479_af20a4737f.jpg?v=0

Office Location: Fulton Street, Lahug, Cebu City

lemonades

September 25th, 2008, 11:07 PM

Ateneo has an MBA program here in Cebu. The Ateneo Graduate School of Business offers the MBA program right here in Cebu. You can check out the website for more details. http://www.gsb.ateneo.edu/index.php?p=367. I have a brother who is on his way to finishing the MBA this year. The school is located in Cebu Holdings Center, Cardinal Rosales Ave., Cebu Business Park.

Kumusta naman daw ang MBA program nila? Marami ba sila? Maganda ba ang networking ng alumni nila dyan sa Cebu?

Pero, honestly, ayoko ng Ateneo MBA. Hindi maganda ang feedback ng mga relatives and friends ko na nag MBA sa Ateneo, Rockwell. Mas gusto ko mag La Salle MBA kung meron dyan sa Cebu. Mukhang masgusto ko pa ang La Salle pag business course.

Pero I'm seriously considering San Carlos' MBA and UP-Cebu's MM. Gusto ko lang malaman ang social networking ng alumni nila dyan sa area nyo and that will surely make an impact on my decision. Ang MBA or MM kasi is more on networking.

lemonades

September 25th, 2008, 11:13 PM

reputation ng UP cebu. ito ung sabi ng mga kaibigan ko na nasa Lexmark. sabi nila mas prioritize daw ung mga graduates sa USC tska UP.

maybe because most of there employees are graduates of these universities

So, you mean pantay lang ang reputation nilang dalawa dyan sa Cebu area?

"High end" din ba ang UP-Cebu tulad ng UP Diliman or UP Manila?What I mean to say is, does the student body mostly from affluent families?

Does it command respect sa mga ordinaryong residente ng Cebu?

diehardbisdak

September 25th, 2008, 11:38 PM

^^ ano ba talaga Kuya? ..make up your mind...you want good education or pasosyalan?

habagatcentral1

September 25th, 2008, 11:41 PM

diehardbisdak

September 25th, 2008, 11:43 PM

^^ Or, try mo mag-inquire sa USC about University of the Philippines Open University...if i'm not mistaken, may tie-up yata sila....o ayan ha, USC at UP na yan...2 in 1 parang instant coffee...heheheh!

diehardbisdak

September 25th, 2008, 11:46 PM

^^ wala naman pasosyalan sa UP Cebu...mas mga sosyalista ang taga USC...hehehhe!

jmaunes

September 26th, 2008, 12:25 AM

So, you mean pantay lang ang reputation nilang dalawa dyan sa Cebu area?

"High end" din ba ang UP-Cebu tulad ng UP Diliman or UP Manila?What I mean to say is, does the student body mostly from affluent families?

Does it command respect sa mga ordinaryong residente ng Cebu?

i think your asking kung wc among the two is the most famous, most social, and most reputable.. i believe you already know the answer if you have just read their replies .. and of course if you have followed all their advices by visiting the websites of these two schools

UP Cebu may not be as big as UP Manila, UP Los Banos or UP Diliman but has good courses and educators. UP Cebu students are as highly good as UP Manila, etc students for they all passed the UPCAT exam. Regarding USC, my Alma Mater, it is the biggest school in Cebu if not in the Visayas and Mindanao. It is a melting pot of people coming from various regions, religions and financial upbringing. It also offers various courses catering to different intellectual levels. Maganda ang reputation ng USC. Mahirap icompare yung dalawang schools, both have their own strengths.

Siguro UP Cebu = UP Manila and USC = UST, DLSU and ADMU

diehardbisdak

September 26th, 2008, 12:37 AM

^^ ....sa kadak-on, wala'y makalupig sa UV ka'y hasta sa probinsiya sa Cebu na-a sila campus...ang USC kay sa Cebu City ra ang covered...

Sinjin P.

September 26th, 2008, 12:38 AM

Filinvest :bow:

ZenChedi

September 26th, 2008, 12:52 AM

********************************

Do you have an idea kung tag pila ang tuiton sa Ateneo Graduate school?

It's around 15,000 pesos per subject.. And you have to check the availability of the subjects, but anyway they will help you choose your subjects so it can fit your schedule. Classes usually are held on weekends. Most of the students happen to be working and hold important positions in companies. My brother usually boasts that his classmates manages this or owns this or that... hehe..

ZenChedi

September 26th, 2008, 12:54 AM

I just saw a segment awhile ago in the ABSCBN morning show, Umagang kay Ganda featuring the FILINVEST project in SRP and it's quite ambitious, but nevertheless it was truly a groundbreaking moment for the Cebu City government which has been forever criticized over this project. Nagkatawa ko sa comments sa usa ka newscaster nga niingon nga magimpake na dapat si Garganera kay nichallenge bya to siya nga muresign siya if makabaligya ang cebu city government ug bisan usa lang ka portion of the SRP.

lemonades

September 26th, 2008, 01:20 AM

^^ ano ba talaga Kuya? ..make up your mind...you want good education or pasosyalan?

Seriously both :lol:

Let me tell you why.

Attending a postgrad business school makes much more sense when you would create a good social network. They say: your classmates at the business school would be your contacts for life. I take that excerpt seriously as it might very well be that we would relocate to Cebu for good. :)

lemonades

September 26th, 2008, 01:31 AM

I think you should prioritize good education among others, that's the most important thing.

I already thought of that and I think they're both excellent programs; there's very little difference that separates the two when it comes to their academic competence and standard. Thus, I’m moving on to the subsequent point of my criteria – the wideness, extensiveness or deepness of their alumni social network. As an MBA/MM aspirant, that makes a more practical criterion to base your decision on.

ZenChedi

September 26th, 2008, 01:42 AM

Seriously both :lol:

Let me tell you why.

Attending a postgrad business school makes much more sense when you would create a good social network. They say: your classmates at the business school would be your contacts for life. I take that excerpt seriously as it might very well be that we would relocate to Cebu for good. :)

As far as my brother's classroom stories would go, Ateneo has a very good social network in Cebu. He has been classmates with some of the bigger and well known names here in Cebu such as the Gillamacs, Alvarez's, one of the Kings (of Crown Regency) is studying there too. They also have a fair amount of students, I don't know of the total population though, but it's fairly good to establish a respectable network of contacts. Interaction with your fellow classmates is also good as I've always heard of them going out together in bars, coffeeshops, trips, etc.. Oh well, that's as far as I've heard from my brother. But I can say, Ateneo has a very good MBA program, the program is well respected in the business circle here in Cebu as many of the businessmen here are Ateneo Graduates themselves. La Salle hasn't really penetrated the Cebu businessmen, but that's just my opinion. The well known businessmen here have ties with Ateneo since we have a Jesuit school here (and me, an alumni.. hence my staunch defense for the Ateneo system.. hehehe...) like the Gokongwei's, Kings, Aldeguers, Aboitiz's, Gillamacs and a whole lot of other prominent businessminded families.

lemonades

September 26th, 2008, 01:43 AM

^^ wala naman pasosyalan sa UP Cebu...mas mga sosyalista ang taga USC...hehehhe!

Hehehe... hindi nga pala sosyalero/ra ang mga taga UP.

What I wanted to accomplish from that question was to get a bird's eye view of the socio-economic strata of the majority of UP-Cebu students’ vis-à-vis USC students. I wanted to get the demographic of the economic status of the UP-Cebu students. I wasn't interested about their attitude towards spending money (although you can make comments about that if you want to) but I was more interested of the students’ economic background. You can easily spot on a genuine affluent from the sosyalro/sosyalera lang pala, diba? :)

Mercato

September 26th, 2008, 01:45 AM

^^ pero sa pilipinas bai, mo-matter pa gihapon kung asa ka gikan...except lang gyud kung Top 10 ka sa board exam...heheheh!

************
Bitau no? Sa Pilipinas bakikaw ug mentalidad. Kadto sa una (ambut kaha karon) kining, mga ma-ut ra bi ning uban nga gikan sa 3 - dili tanan... Kay para nila sila ra cono ang tulo nga ilado (Ateneo, LaSalle ug UP), unya ang uban ilang tawgon "all the rest... ". Segun ra pod sa akong mga kauban caniadto sa trabajo(frm the 3 schools) sa Manila.

Otro pod ning mga employer sa Manila sigueg pangita'g experience unya dili mohatag chance sa mga "others" nga schools - ang 3 jud and ilang gi-pabor. Mga kagwang.

Unya, taas ko'g grade sa board apan dili man ko top ten... dah, kagiw lang gihapon... :lol:
http://www.clipartof.com/images/emoticons/xsmall2/721_darth_vader_fighting_luke_skywalker.gif

SleMarKen

September 26th, 2008, 01:52 AM

Latest on BIGFOOT SRP

q9pN_SkUvhk

SleMarKen

September 26th, 2008, 01:54 AM

Latest on BIGFOOT SRP

q9pN_SkUvhk

lemonades

September 26th, 2008, 01:54 AM

Thank you for your input, and just to let you know, I really read all the comments pertaining to this topic. I appreciate them all. :)

Siguro UP Cebu = UP Manila and USC = UST, DLSU and ADMU

In what aspect is UP-Cebu the same with UP-Manila, and USC the same with UST and DLSU/AdMU? Please expound that a bit. I live in Manila where here UST is not viewed the same as DLSU or AdMU. The students at those 3 schools don't usually cross paths in aspects of social and economics. But you probably were saying something that I did not understand yet. Please expound that a little bit. Thank you.

AmbutLang

September 26th, 2008, 01:57 AM

lemonades

September 26th, 2008, 02:09 AM

Most of the students happen to be working and hold important positions in companies. My brother usually boasts that his classmates manages this or owns this or that... hehe..

Yan yung gusto ko malaman kung ganyan din ba ang student make up ng MBA program ng San Carlos at MM program ng UP-Cebu. Please make the same comment for UP-Cebu and USC.

I finally found an observation that I wanted to get only that it was commented to the school that I'm not interested in. Like I said, I don't want an Ateneo degree for master's education especially in business. I thought it's a pseudo Ateneo degree and I have many friends and relatives who are currently onto the program or have already graduated from the program who are dissatisfied with it or some have found the course only satisfactory. There comments have put me off from going there. So, in my mind right now, I'd rather get a UP degree (which is a very prestigious school) even if it's not from Diliman/Manila, or a San Carlos degree, which is a local brand name but highly acclaimed and quite prestigious in the area.

ZenChedi

September 26th, 2008, 02:14 AM

I read carefully the news article regarding the process of bidding in the SRP. FILINVEST is indeed the project to beat. No wonder they turned down Ayala. Perhaps, the Ayalas offer was not as tantalizing as this one. This is a behemoth project of a scale reminiscent of CBP but even bigger. Will Ayala challenge FILINVEST with an even grander and more profound proposal? I don't know, but I really hope before the year's end, this project will be finalized and it seems Tomas is quite confident that the project will start before his term ends in 2010. I just hope this won't become a political issue. We've already had enough political entertainment and I can't stomach anymore Tom vs Gwen, Tom vs Garganera, etc.. etc.. hehehehe...

lemonades

September 26th, 2008, 02:17 AM

As far as my brother's classroom stories would go, Ateneo has a very good social network in Cebu. He has been classmates with some of the bigger and well known names here in Cebu such as the Gillamacs, Alvarez's, one of the Kings (of Crown Regency) is studying there too. They also have a fair amount of students, I don't know of the total population though, but it's fairly good to establish a respectable network of contacts. Interaction with your fellow classmates is also good as I've always heard of them going out together in bars, coffeeshops, trips, etc.. Oh well, that's as far as I've heard from my brother. But I can say, Ateneo has a very good MBA program, the program is well respected in the business circle here in Cebu as many of the businessmen here are Ateneo Graduates themselves. La Salle hasn't really penetrated the Cebu businessmen, but that's just my opinion. The well known businessmen here have ties with Ateneo since we have a Jesuit school here (and me, an alumni.. hence my staunch defense for the Ateneo system.. hehehe...) like the Gokongwei's, Kings, Aldeguers, Aboitiz's, Gillamacs and a whole lot of other prominent businessminded families.

Really? Sounds convincing.

Hmnnn...

This comment makes me want to include Ateneo in my list.

You're not helping me, dude. You extended my list instead when I was on the verge of narrowing it down to one. :lol:

I'll surely take this information into account. I'll research about Ateneo Cebu too when I get there. Thank you. :)

Lemon

habagatcentral1

September 26th, 2008, 02:18 AM

Yan yung gusto ko malaman kung ganyan din ba ang student make up ng MBA program ng San Carlos at MM program ng UP-Cebu. Please make the same comment for UP-Cebu and USC.

I finally found an observation that I wanted to get only that it was commented to the school that I'm not interested in. Like I said, I don't want an Ateneo degree for master's education especially in business. I thought it's a pseudo Ateneo degree and I have many friends and relatives who are currently onto the program or have already graduated from the program who are dissatisfied with it or some have found the course only satisfactory. There comments have put me off from going there. So, in my mind right now, I'd rather get a UP degree (which is a very prestigious school) even if it's not from Diliman/Manila, or a San Carlos degree, which is a local brand name but highly acclaimed and quite prestigious in the area.

Actually, this inquiry of yours is really ideal for those who wanted to take up higher education, because in some cases you really have to know the "inside information" and perception of one school. It may affect you and your career for the rest of your life regarding this decision.

In my case, I chose Ateneo over UP in my graduate studies (under socsci) because of some insiders that the latter might ruin my career due to politicizing as warned by already several of my professors, who are also from UP.

But I believe that San Carlos or UP gives good MBA if you really wanted to transfer to Cebu.

ZenChedi

September 26th, 2008, 02:23 AM

Really? Sounds convincing.

Hmnnn...

This comment makes me want to include Ateneo in my list.

You're not helping me, dude. You extended my list instead when I was on the verge of narrowing it down to one. :lol:

I'll surely take this information into account. I'll research about Ateneo Cebu too when I get there. Thank you. :)

Lemon

Well, I AM helping you.. :lol: :lol: Why not solicit information about the different schools when you get here. No one knows better than graduates who are working and living here in Cebu. Some things that go well in Manila might not go well here in Cebu and it's true the other way around. So if I were you, I'd research before spending since MBA programs are an investment. They're an added plus to your resume and of course as you've pointed out, expansion of your social network.

betro

September 26th, 2008, 02:35 AM

Just not to be rude, if you want social contacts of the influentials join the Uptown JC of the young college professionals up coming millionaires, the Kiwanis, Lions since these are millionaires' society groups of different business categories of interests. For me I do not have to join, am related to some of them.

Don't forget the Cebu Jaycees. A federation of young leaders and entrepreneurs. Leaders: ex. Sen. Marcelo Fernan, Secretary Jesus Garcia Jr. Congressmen Eddie Gullas, Tony Cuenco, Raul Del Mar, Former Senators John and Serge Osmeña, Mayors Tom, Alvin Garcia and Boy Solon, Councilors Gerry Carillo, Jun Pe, Chris Alix og uban pa. Businessmen: Augusto Go, Michel Lhuillier, Enrique Benedicto, Victor Chiongbian, Albino Gothong og uban pa. Mao lang ni ako na gi mention kay pwerting daghana for 60 years na ni exist ang Cebu Jaycees (JCI Cebu).

bin0t

September 26th, 2008, 02:41 AM

gikasuya-an rana sila sa uban kay hingsikat man..luoya cebu oi pirme raman kasuya-an...:ohno:

agree with you bai.. wala mn tawn na nka daut sa ato ug ila oi.. its a good program gni for the inmates ky maau nuon na nga naa clay lingaw ky sa wla clay buhaton..

toffeechoy

September 26th, 2008, 02:48 AM

Ateneo de Manila University MBA- regis program - requirements must have a minimum of 5 years supervisory level

University of the Philippines Visayas - Cebu Campus - offers Masters degree in Management

University of San Carlos Law and Graduate School of Business - offers Masters Degree in Business Administration, EMBA and a few specialization in Masters in Accountancy

before choosing the school i think you should consider what field of specialization should you focus. MM is different from MBA as well as both are different from EMBA. Ateneo and USC's EMBA requires more years of supervisory work in companies compared to MBA and MM. So bottom line is, it doesnt require much on what institution you are going to enroll but on the kind of specialization and requirements you think you fall in. Besides, UP is THE UP, and USC is THE USC. they both have their own share of fame and prestige not only here in CEBU but in the whole world as well.

Im taking up my MBA in the USC now and i must say, it really takes a considerable amount of effort and time. d sya lalim kay sige case study ug sige basa.

AmbutLang

September 26th, 2008, 03:06 AM

I abbreviated the Jaycees to JC since there a few of them.
USC school is base in German influence of education since it paid most of the building constructions by its mother house is in Germany.
Ateneo is a Jesuit congregation. They are the best school in New York, Law of School.
These schools carry some weight outside the Philippines. Its the congregation names presided them.

flesh_is_weak

September 26th, 2008, 05:03 AM

LordCarnal

September 26th, 2008, 05:23 AM

Latest on BIGFOOT SRP

q9pN_SkUvhk

I think this is old bai because the structure doesn't have a roof yet.

Anyway, until now I still cannot understand the development of Bigfoot in SRP. What if the pond will be reclaimed in the future? What will happen to their yacht club? Hehe.

,,

betro

September 26th, 2008, 06:46 AM

OT: hahaha...i know someone who joined the rotary club para maka-adto sa annual conference na incidentally adto i-hold sa states...pag-abot didto sa states, wa na nibalik :lol:

Naa pod ko amigo na engineer nga nag rotary attend og convention sa states. TNT na karon.

jmaunes

September 26th, 2008, 07:29 AM

Thank you for your input, and just to let you know, I really read all the comments pertaining to this topic. I appreciate them all. :)

In what aspect is UP-Cebu the same with UP-Manila, and USC the same with UST and DLSU/AdMU? Please expound that a bit. I live in Manila where here UST is not viewed the same as DLSU or AdMU. The students at those 3 schools don't usually cross paths in aspects of social and economics. But you probably were saying something that I did not understand yet. Please expound that a little bit. Thank you.

i was referring to the kind of students that enroll....
USC is a catholic university more or less the same culture with UST, ADMU and DLSU, UP is UP I believe the culture is the same in all campuses

federalist

September 26th, 2008, 07:31 AM

now lemonades siguro nakapili naka based on the forumers replies. which school would you choose?

go Filinvest..

hopefully the construction will start soon..

betro

September 26th, 2008, 07:40 AM

Daghan na kaayo inputs nahatag ni lemonades. Balik ta sa ato topic FILINVEST. Im pretty sure ayala ang SM are now preparing the much better proposal para sila makadaog. 3 months alegre ni siya kay padak-anay naman og bidding og proposal ang mga dagko na developer namely FILINVEST, SM, AYALA LAND, MEGAWORLD and ROBINSONS. Actually, its a matter kung kinsa ni una sa BID para palabwan sab sa uban then the rest is history. SRP will never be the same again.

LordCarnal

September 26th, 2008, 07:43 AM

^^

Dili ba mas maau if sila tanan mu invest sa SRP -- Robinsons, Ayala, SM, Megaworld, and Filinvest -- ug dili lang usa or kung kinsay pinakamaayo ug proposal.

..

federalist

September 26th, 2008, 07:45 AM

trailing pa kaayo ang SRP ron.

huwat pa ta after 3-5 months. dugaya pa.

kung mahimo ta, mokuha nalang sila ug at least top 3 developer nga mo develop sa SRP.

rustyboi

September 26th, 2008, 07:47 AM

^^

^^ 80 billion! :eek:

:applause: :cheers: :applause:

...guys, sa sun-star ONLINE, it is indicated nga na-ay picture sa location sa SRP where Filinvest will deveop...i hope someone will scan that photo sa newspaper...salamat in advance!

************

http://www.sunstar.com.ph/static/ceb/2008/09/26/article_272867_09-26-2008.jpg
Cebu City Mayor Tomas Osmeña (third from left) and Filinvest Land Corp. president Andrew Gotianun Jr. show document containing the company’s proposal. With them at the Casino Español press con-ference are House Deputy Speaker and north district Rep. Raul del Mar (left) and Vice Mayor Michael Rama. Location map shows the area (in green) affected by Filinvest’s proposal. The mayor is confident the project will start before his term ends in 2010.(Sun.star photo/Arni Aclao)

starting bid for SRP is P80 BILLION?!! :righton:

betro

September 26th, 2008, 07:57 AM

^^

Dili ba mas maau if sila tanan mu invest sa SRP -- Robinsons, Ayala, SM, Megaworld, and Filinvest -- ug dili lang usa or kung kinsay pinakamaayo ug proposal.

..

Good Point pero ang city ang unang gi process nila for bidding kay kanang 50 hectares na area. Ila gi studihan ang tanan proposal na gi submit sa mga developers. For sure kanang dili kadaog anang 50 hectares karon pwede rana e accomodate sa laing area. If madevelop na ang area sa winning bidder then of course the value of land mosaka pod diba? So, once the city mobaligya napod og yuta ang value sa land dako na kaayo og differencia. For example karon ibutang lang nato na ang value sa SRP tag P10,000 per square meter, siguro sa sunod we can sell na at the range of P20,000-P50,000 per square meter.

LordCarnal

September 26th, 2008, 08:05 AM

^^

Amazing. Thanks for the info bai.

:banana:

LordCarnal

September 26th, 2008, 08:11 AM

trailing pa kaayo ang SRP ron.

huwat pa ta after 3-5 months. dugaya pa.

kung mahimo ta, mokuha nalang sila ug at least top 3 developer nga mo develop sa SRP.

I can wait. Hehe. I remember when Lexmark announced in 2005 that they're going to build a highrise building in CBP, SSC-Cebu was so excited (like SLERZ and Sugbuanon, ambot asa na tu sila karon) but we actually waited for more than a year, almost 2 years I think before actual construction started, and now it's already 2008 and Lexmark has one floor more to go before it will top off.

Anyway, come 2010 everything will be different (Robinsons in NRA, another SM, completion of SMX, etc..etc..)

:banana:

LordCarnal

September 26th, 2008, 08:11 AM

Wow, so the SRP thread was transferred but where have all our previous posts gone???"

..

betro

September 26th, 2008, 08:16 AM

^^

Amazing. Thanks for the info bai.

:banana:

Your welcome bai. If 50 hectares=80 billions na karon so the nxt 50 hectares would simple end up 200-300 billions investment.:banana:

LordCarnal

September 26th, 2008, 08:19 AM

^^

Just a question. Is there a plan to reclaim the unfinished portion of the SRP?

If so, what would happen to Bigfoot's yacht club? Up to now, I still cannot understand what Gleissner's master plan for his property is.

betro

September 26th, 2008, 08:21 AM

LordCarnal

September 26th, 2008, 08:22 AM

These are the previous articles about the proposed developments at the SRP. These were published months ago but this year.

Cebu soon to host biggest IT complex in the country
By Ehda M. Dagooc
The Freeman
Monday, January 21, 2008

Cebu will soon have the biggest Information Communication Technology (ICT) integrated complex or IT Park in the Philippines, after a big conglomerate clinches a deal with the Cebu City government to locate at the South Road Properties (SRP).

Cebu Investment Promotions Center (CIPC) managing director Joel Mari S. Yu announced that this prominent developer proposed to build huge IT buildings that will house IT research laboratories, and IT Academy.

Due to Philippine Stock Exchange (PSE) strict requirements on disclosure, Yu said he is not authorized to divulge details about the developer, as well as the two other big firms that will take about 160-hectare of the SRP altogether.

Yu said the Cebu City government still has to fulfill the requirements of the Commission on Audit (COA) to hold a public bidding process, after these three developers will be identified to the public.

Aside from the biggest integrated ICT complex, the other two firms will build a huge shopping mall while the other one will establish upscale condominium units inside a retirement village facility.

These three proposals expressed to clinch a deal with the Cebu City government, the developer of SRP, for a combination of lot lease and lot purchase.

Already, Bigfoot held a ground breaking ceremony early last year, for the creation of the eight-hectare Movie Studios at the declared economic zone.

According to Yu, these three big firms had their “gentlemen’s agreement” that they will not build projects within the zone that will compete against each other.

Thus, a giant shopping mall, an IT integrated complex, and retirement village were identified to be built by these three conglomerates.

The mall will occupy about 17-hectare, this will become the largest shopping mall in Southern Philippines, next to the Mall of Asia built by SM Holdings in Metro Manila.

Yu is confident that after these three firms comply several requirements, and eventually formalize their deal with the Cebu City government, they can start the development within this year, or early next year.

The retirement village, which will be built by one of the country’s prominent developers, will fulfill the integrated requirements needed for a legitimate retirement village facility.

This means, that aside from the upscale, coastline condominium units, this developer will set up other leisure, and medical facilities that will meet the demand of the retiring foreigners.

The IT integrated complex will not only build office buildings, but also a conducive IT academy that will provide conducive environment for IT geeks to further develop their skills.

With these three developments alone, including the Bigfoot Movie Studios, this will transform the landscape of the southern bound view making such developments another landmark for Cebu.

City accepts firm's plan
Sun.Star Cebu
Wednesday, March 19, 2008

AN official of the Cebu Investments and Promotions Center (CIPC) has announced that the Cebu City Government has accepted the proposal of the Filinvest Group to build a commercial complex in the South Road Properties (SRP).

“The Filinvest proposal has been accepted by the mayor (Cebu City Mayor Tomas Osmeña). The task at hand is to work with COA (Commission on Audit) to make sure it (proposal) has met all the requirements so we can successfully bid it out to any challenger,” said Joel Mari Yu, CIPC managing director.

CIPC is the marketing arm of the SRP, a 290-hectare reclaimed property of the City Government that was funded by a loan from the Japan Bank for International Cooperation.

In an interview with reporters last Monday, Yu said the proposal presented by the Filinvest Development Corp. (Filinvest), a company founded by Cebuano taipan Andrew Gotianun Sr., was to purchase close to 14 hectares at Pond F with the minimum floor price pegged at P15,000 per square meter.

Yu said Filinvest is planning to develop a commercial complex in the area, complete with hotels and shopping centers.

Additional area

“But unless COA will put the stamp of regularity, the City can’t bid this out,” he said.

He said Filinvest also plans to acquire an additional 35 hectares at SRP and enter into a joint venture with the City Government to establish a residential complex at SRP, targeting the retirees market.

Filinvest is one of the country’s major conglomerates, with interests in real estate development and leasing, financial and banking services, and sugar. The company is controlled by the Gotianun family through ALG Holdings Corporation.

Yu also said the City Government is now in the final stage of negotiations with two other major investors who are proposing to develop multi-million peso projects at the SRP.

Apart from Filinvest, those who had shown interest in the SRP include: SM Prime Holdings Inc., which plans to build another mall; Container Systems Corp., a Singaporean company that will need 20 hectares; Taiwanese firm Paul Yu Group of Companies; JY Construction; Arcenas Group; Paknaan Central Development Corp.; Mactan Rock Industries Corp.; King Group of Companies; and the University of Cebu.

Yu earlier said that CIPC has projected the sale of half of the titled reclaimed lots this year or at least 100 hectares, with one to three deals to be closed this June.

“If the three are approved this year, SRP will be fully occupied in less than five years, maybe even by 2011,” he said, adding that full development of SRP will bring in an additional 50,000 jobs.

Even if only one of the three proposals is closed this year, Yu said this would already be an “achievement” for Cebu City, especially in generating additional income not only from leased and purchased lots but also from commissions on all utility firms that will operate there. (MMM)

This was in 2006...

Cebu Holdings keeps mum on plans at SRP

AYALA-led Cebu Holdings Inc. (CHI) is not closing its doors to the possibility of putting up a mall at the South Reclamation Project (SRP).

“We are always on the look out for opportunities,” CHI chief operating officer Francis Monera told a press conference at the Cebu City Marriott Hotel last Friday.

In a separate interview, Cebu Investment Promotions Center (CIPC) managing director Joel Mari Yu said CHI, operator-owner of Ayala Center Cebu, has proposed a joint venture with the Cebu City Government for the construction and operation of a mall on a five-hectare lot at the SRP.

The mall’s concept is similar to the Market! Market! in Fort Bonifacio.

The arrangement for the joint-venture would be that CHI will build and operate the establishment rent-free. Both entities will share the profit.

“The proposal is good but the City wants to earn a certain amount (regularly) and not just depend on whether the company gains from its operations,” Yu said.

Monera neither denied nor confirmed Yu’s statements.

Meanwhile, Yu said the City has already approved Visayan Electric Co. as the distributor of electricity at the SRP.

“Veco will provide power at the SRP. But it will have to pay the City concessionnaire’s fee since the City owns the franchise,” he said. (JBN)

marxman

September 26th, 2008, 12:07 PM

sabi nila

UP CEBU = UP MANILA kasi mga students poor but intelligent
USC = ATENEO kasi mga students rich and intelligent

not all are rich in USC though. coz im from USC! and im not rich!!! hehehe!!! Carolinian!!!

check out nyo ang website ng USC - http://www.usc.edu.ph
isa ako sa mga original na developers ng website na yan!

The Cebuano Exultor

September 26th, 2008, 12:12 PM

^^ Wow, wow, wow! The South Road Properties would soon look like a mini-Manhattan, mini-Hong Kong Island, or mini-Yuzhong Peninsula! :banana: :banana: :banana:

Cebuski78

September 26th, 2008, 02:09 PM

^^ Wow, wow, wow! The South Road Properties would soon look like a mini-Manhattan, mini-Hong Kong Island, or mini-Yuzhong Peninsula! :banana: :banana: :banana:

F****CK! waaaaaaaaaaaaaaa!

demented_pigeon

September 26th, 2008, 02:16 PM

great184

September 26th, 2008, 04:34 PM

VIEW OF CEBU SKYLINE FROM PIER 3 2006-2008

The following pictures were taken about a year to year and a half apart. These were taken just before arriving at Pier 3 in Cebu City, which offers a glimpse of CBP, some of Asiatown and Busay Hills. All photos taken by me.

1st photo was taken April 21, 2006

http://i99.photobucket.com/albums/l296/thegreat184/ceb04210601.jpg

2nd photo was taken September 21, 2007

http://i99.photobucket.com/albums/l296/thegreat184/ceb09210701.jpg

Here we see the emergence of a trio: Citylights 3, Cebu Commercial Tower and Lexmark 2 (partly hidden)

3nd photo was taken September 23, 2008

http://i99.photobucket.com/albums/l296/thegreat184/ceb09230801.jpg

In just a year's time there has been a great change in the skyline. Here we see the emergence of a another trio: Citylights 4, TG tower, and the most visually impacting, Lexmark 1, which practically dominates its surroundings.

Hopefully the same view from next year will see another trio: HK plaza Hotel, Grand Cenia, and if the angle is right - Persimmon Tower 1

flesh_is_weak

September 26th, 2008, 04:39 PM

sosyal, Cebu, a relatively tiny city, will have 3 CBDs: Downtown, the traditional CBD ; Uptown-Ayala-IT Park Area; and now, SRP...and we can make it 4 if Robinson's move in the NRP could start a boom at the sleeping NRP...

and that's just a city of 700,000 people :okay:

P.S. I pray for the old Downtown, hopefully it could manage to stay afloat and be rehabilitated and transformed into a heritage and tourism district with commercial establishments catering to tourists and establishments offering Cebu's traditional products and services (and at the same time, retain its appeal to the lower and middle class as an affordable shopping destination, although a more 'chic' one :) )

P.S.S. Tomas' countenance seems to be brighter than ever...nabunotan ug tunok...poor garganera... :D

P.S.S.S. maybe they should just deepen the channels linking the pond to the sea and increase the clearance of the bridges connecting SRP to the mainland, so that the pond could become a Marina

rau

September 26th, 2008, 04:46 PM

The Walls in SRP

http://farm4.static.flickr.com/3194/2889587156_559cbea2f6.jpg?v=0

flickr pic by carya

rau

September 26th, 2008, 04:49 PM

lemonades

September 26th, 2008, 05:45 PM

if anyone wants to enroll in ADMU, they should seriously think about it since the tuition fee in Ateneo has been increasing by 5% yearly. I think its around 65,000 pesos per semester this year (already 2000 per unit) next year its projected to be at 70,000 pesos per semester. If its too constraining for the budget, then get a scholarship.

Actually, Ateneo's MBA isn't that expensive compared to its peer schools. AIM's would cost circa US$16,ooo. La Salle's would cost around 140k. And UP's MBA would cost around 120k.

My options in Manila are AIM and UP as they are the best when it comes to brand name recognition and alumni network in the Finance and Banking industry. They also both have top quality students, something that I truly like about attending either of them. I worked as an Investment Banker in Singapore for 3 years before I came back to the Philippines to marry the woman that I love. :)

I already made a research about MBA programs in Manila and I found out that top employers don't take an Ateneo MBA very seriously or as much as they would take an AIM or UP MBA. But because I want to be with my family, I would give up what I've started in Manila just to be with them.

My Stats:

Job experience: Investment Banking
Company: JP Morgan & Chase, Co., Singapore
Number of work experience: 2 years and 10 months
High School: International School Manila
College: UP Diliman
Course: B.S. Business Economics
Award: Cum Laude
Member: JMA, AISEC UP, CCC
Post Graduate: MSc. Economics
School: London School of Economics & Political Science (LSE)
Grade: 2:1 (Second class honours)
GMAT score: 690
TOEFL: 670 (paper based)

Thank you for those who responded to my inquiry. I truly appreciate your kindness.
We can go back to regular programming. :)

lemonades

September 26th, 2008, 05:49 PM

SleMarKen

September 26th, 2008, 06:45 PM

VIEW OF CEBU SKYLINE FROM PIER 3 2006-2008

The following pictures were taken about a year to year and a half apart.

Hopefully the same view from next year will see another trio: HK plaza Hotel, Grand Cenia, and if the angle is right - Persimmon Tower 1

and towr palace sigur..

rau

September 26th, 2008, 06:48 PM

Ayala to unveil “The Terraces” (http://www.philstar.com/index.php?Business&p=52&type=2&sec=71&aid=20080926174)By Ehda M. Dagooc
Saturday, September 27, 2008

Cebu Holdings Inc., (CHI), the developer of the chic shopping and leisure mall Ayala Center Cebu (ACC) will open its P600 million expanse next month dubbed as "The Terraces".

The project, which converted the Lagoon area of the mall to a total lifestyle destination is considered as "one of its kind" destination in Cebu, as it will provide a "resort-feel" ambiance in the middle of shopping and business district.

In a press conference yesterday, CHI president and chief executive officer (CEO) Francis Monera said. This second stage of expansion in Ayala Center Cebu will provide a combination of the ambiance of the high-end shopping destinations in Manila, Glorietta and Greenbelt.

By second week of October, The Terraces will have its soft opening with a total of 50 concessionaires and over 30 shops to be opened. The Grand opening of the project is set on the second week of December.

Providing an experiential-terrace and wellness ambiance, Monera said "I don't think there's any development of its sort [in Cebu yet]."

This lifestyle shopping, leisure and entertainment component of the Ayala Center, Monera said, is designed to further contribute to the dynamic tourism industry in the Province.

Unique features of this new destination are specifically outlined to provide a "Cebuano flavor" that could also attract foreign visitors.

In fact, he said there are tenants that are original and Cebuano concepts, such as the opening of Golden Cowrie sister-restaurant that will be called "Hukad" and other Cebuano-owned exciting and new concept restaurants, pasty and coffee shops, novelty stores, wellness outlets among others.

Some internationally well known chains will also open in the next few months, like the Seattle's Best Coffee, UCC Coffee, Fully-Booked lifestyle bookstore, and the likes.

The Terraces, which is now 99 percent in completion has total GLA (Gross Leasable Area) of 8,000 square-meters.

It will also open an outdoor-stage facility, to accommodate about 2,000 people, for large entertainment events such as lifestyle and high-end concerts.

"This new concept has clicked with our target tenants. In fact, as of this time it is 78 percent leased-out already, while we are still negotiating with other tenant applicants," Monera said.

In 2007, ACC registered gross revenue of P427.7 million, seven percent higher than previous year, as a result of higher sales per square meter, rental rate increases, and remarkable lease occupancy.

High disposal income, as a result of the growth of jobs among young professionals, as well growth in tourism, has prompted aggressive expansion in the retail front. Average [mall] traffic has increased by 19 percent to almost 75,000 a day.

Owned and operated by premier developer CHI Ayala Center Cebu is the centerpiece of commercial and business hub, the 50-hectare Cebu Business Park, the company's flagship project.

First opened in November of 1994, Ayala Center Cebu has today become the preferred regional mall in the Visayas and Mindanao.

ashton

September 26th, 2008, 06:57 PM

^ Now this is exciting..... :)

Jimbu

September 26th, 2008, 07:37 PM

Sun.Star Cebu
Saturday, September 27, 2008
Filinvest's bid on SRP 'very attractive' (http://www.sunstar.com.ph/static/net/2008/09/27/filinvest.s.bid.on.srp.very.attractive..html)

CEBU CITY -- Officials of this city find "very attractive" Filinvest Land Inc.'s (FLI) unsolicited proposal to develop the South Road Properties (SRP) and expect to get two other offers from major developers in a month's time.

Mayor Tomas Osmeña will convene anytime the Joint Venture (JV) Selection Committee, which will evaluate the contractual arrangement for the JV proposal that FLI submitted last Thursday night.

Although they have yet to read the details of FLI's offer, Vice Mayor Michael Rama and some city councilors said the package is attractive and could be advantageous to the City.

The outright 10-hectare purchase amounting to some P2 billion will relieve the City of the loan payment burdens for the next three to four years.

The City pays P300-P400 million every February and August for the principal amount of the loan, interest and other fees.

"Right now, from what I've seen, it's very attractive but we have to get hold of the copy of the proposal, check every detail before we can say it's acceptable or not," Rama said.

Councilor Hilario Davide III, co-author of the "Ordinance prescribing guidelines and procedures for entering into JV agreements with private entities," said that as long as the contract conforms with every provision of the ordinance, the council will approve it.

"We have not read the proposal yet but with an outright purchase of 10 hectares and a joint venture for 40 hectares, I think it's a pretty good proposal... The important thing is that it will have to be consistent with the guidelines," Davide told Sun.Star Cebu.

Last Thursday night, Cebuano-owned FLI presented their formal offer to City officials to buy 10 hectares of land and develop 40 hectares under a JV agreement.

The joint venture will include a cluster of high-rise buildings on the seafront, medical and retirement facilities, commercial and residential buildings and office spaces.

The City stands to gain at least 10 percent of the firm's annual gross sales under the JV.

For Councilor Sylvan Jakosalem, FLI's proposal will be hard to beat or match by other developers, considering that it took four years to prepare. "As explained during the presentation, it sounds very attractive and advantageous for the city," he said.

According to the records of the City Treasurer's Office, the City has so far paid P2.5 billion for the loan principal, interest and guarantee fees for the SRP.

It still has a balance of some P5.15 billion, payable up to 2025.

Osmeña said Friday that other members of the JV Selection Committee will be picked next week and will be convened anytime.

From the mayor, the proposal will go to the selection committee, which will evaluate and review the contractual arrangement before it is returned to the mayor.

The committee will be chaired by City Administrator Francisco Fernandez, and will include as voting members the city attorney and three officers knowledgeable in finance, in joint ventures and the technical aspects of the project.

Non-voting members include an officer from a regulatory body, an observer from the Commission on Audit (COA) and two observers from the private sector.

Joel Mari Yu, the managing director of the Cebu Investments Promotion Center (CIPC), the marketing arm of the SRP, said they expect to get another proposal in a month's time.

Yu said it's unlikely that the two developers would just challenge FLI's unsolicited proposal because they are interested in other areas of the 290-hectare SRP.

"They are submitting proposals for different areas, so they will not be competing against each other. We are expecting another proposal maybe within a month," he told Sun.Star Cebu.

Yu said that while other developers were asked to refine their proposals, FLI's was accepted because it fits the kind of integrated development the City wants for the SRP, and the firm was "the fastest to come up with a palatable proposal."

In a phone interview last night, he also advised Tinago Barangay Councilor to start packing up because he might just have to resign, as he himself promised if the City doesn't make a sale this year.

"Ipaputos na nya iyang mga butang. He has been making irresponsible statements about the SRP that he does not understand. It's time for him to eat his words because they were said not out of knowledge or facts, but because of politics. There should be some comeuppance here because no one can say irresponsible things and be able to get away with it," Yu told Sun.Star Cebu. (LCR/Sun.Star Cebu)

diehardbisdak

September 26th, 2008, 09:31 PM

^^ na excited ko when i read "The Terraces"...abi nako ang next project of CHI for the 29 storey condo at CBP, the "iconic" one.....hehehhe!

dive-cebu

September 27th, 2008, 02:18 AM

does this mean that they scratched the name, Leisure Oasis? Just asking.

Ayala to unveil “The Terraces” (http://www.philstar.com/index.php?Business&p=52&type=2&sec=71&aid=20080926174)By Ehda M. Dagooc
Saturday, September 27, 2008

Cebu Holdings Inc., (CHI), the developer of the chic shopping and leisure mall Ayala Center Cebu (ACC) will open its P600 million expanse next month dubbed as "The Terraces".

The project, which converted the Lagoon area of the mall to a total lifestyle destination is considered as "one of its kind" destination in Cebu, as it will provide a "resort-feel" ambiance in the middle of shopping and business district.

In a press conference yesterday, CHI president and chief executive officer (CEO) Francis Monera said. This second stage of expansion in Ayala Center Cebu will provide a combination of the ambiance of the high-end shopping destinations in Manila, Glorietta and Greenbelt.

By second week of October, The Terraces will have its soft opening with a total of 50 concessionaires and over 30 shops to be opened. The Grand opening of the project is set on the second week of December.

Providing an experiential-terrace and wellness ambiance, Monera said "I don't think there's any development of its sort [in Cebu yet]."

This lifestyle shopping, leisure and entertainment component of the Ayala Center, Monera said, is designed to further contribute to the dynamic tourism industry in the Province.

Unique features of this new destination are specifically outlined to provide a "Cebuano flavor" that could also attract foreign visitors.

In fact, he said there are tenants that are original and Cebuano concepts, such as the opening of Golden Cowrie sister-restaurant that will be called "Hukad" and other Cebuano-owned exciting and new concept restaurants, pasty and coffee shops, novelty stores, wellness outlets among others.

Some internationally well known chains will also open in the next few months, like the Seattle's Best Coffee, UCC Coffee, Fully-Booked lifestyle bookstore, and the likes.

The Terraces, which is now 99 percent in completion has total GLA (Gross Leasable Area) of 8,000 square-meters.

It will also open an outdoor-stage facility, to accommodate about 2,000 people, for large entertainment events such as lifestyle and high-end concerts.

"This new concept has clicked with our target tenants. In fact, as of this time it is 78 percent leased-out already, while we are still negotiating with other tenant applicants," Monera said.

In 2007, ACC registered gross revenue of P427.7 million, seven percent higher than previous year, as a result of higher sales per square meter, rental rate increases, and remarkable lease occupancy.

High disposal income, as a result of the growth of jobs among young professionals, as well growth in tourism, has prompted aggressive expansion in the retail front. Average [mall] traffic has increased by 19 percent to almost 75,000 a day.

Owned and operated by premier developer CHI Ayala Center Cebu is the centerpiece of commercial and business hub, the 50-hectare Cebu Business Park, the company's flagship project.

First opened in November of 1994, Ayala Center Cebu has today become the preferred regional mall in the Visayas and Mindanao.

dodong

September 27th, 2008, 03:48 AM

Thanks for sharing that information bro. Yeah, I kind of heard that USC's undergraduate programs are really good. In fact, I know off a girl who got into a top MNC which is based in NYC and she's earning a lot now. She's really good according to her colleagues. So there's no question on how good the BS and BA courses from USC are.

But what about its MBA program? Does it carry as much weight as its undergrad degree in terms of brand name recognition and prestige? Please say something about it. Thanks again.

Both USC and UP-Cebu have good masteral programs and, IMO, products of these schools are highly respected in Cebu. Brand name recognition and prestige? Yeah, these schools have those also but they are not really that important. What counts is that the school can provide you with the training and knowledge that you need.

For my MA-Eco, I chose to enroll at USC because it is my alma mater. After earning a few units, I decided to quit because the training was so rigid for working students like me. But, I tell you, the few units that I earned already gave me a glimpse of how things work in our economy.

Sinjin P.

September 27th, 2008, 04:33 AM

Karon ra ko kabantay nga girenovate nasad ang exteriors sa Gaisano Capital Mactan Island Mall. Based sa akong nakita, medyo sosyal siya. Murag The Terraces a.k.a. Leisure Oasis sa ACC nga naa pa'y bato-bato. :lol: Kudos sa mga Gaisano nga nilevel-up na g'yud. So karon, ang Gaisano Grand Fiesta Mall nga annex kay mura'g Northwing sa SM? Ang Gaisano Mactan kaha? Wala pa ko kabantay kung girenovate sad ba ang iyang interiors.

dive-cebu

September 27th, 2008, 05:15 AM

i hope this would be the last post regarding the querries of lemonades. i think we had enough of this. whatever we say, final decision is still on him

Both USC and UP-Cebu have good masteral programs and, IMO, products of these schools are highly respected in Cebu. Brand name recognition and prestige? Yeah, these schools have those also but they are not really that important. What counts is that the school can provide you with the training and knowledge that you need.

For my MA-Eco, I chose to enroll at USC because it is my alma mater. After earning a few units, I decided to quit because the training was so rigid for working students like me. But, I tell you, the few units that I earned already gave me a glimpse of how things work in our economy.

Sinjin P.

September 27th, 2008, 05:22 AM

does this mean that they scratched the name, Leisure Oasis? Just asking.

Maybe. But imo, The Terraces is better. Leisure Oasis sounds too fancy, tacky.

concern

September 27th, 2008, 06:06 AM

LordCarnal

September 27th, 2008, 07:32 AM

LordCarnal

September 27th, 2008, 07:34 AM

Cebu Normal University is now a Center of Excellence for Nursing in the Philippines.

..

Sleepwalker

September 27th, 2008, 07:39 AM

Cebu Normal University is now a Center of Excellence for Nursing in the Philippines.

..

Good news, Bai Nold. Congrats sa imong Alma Mater... :banana::banana::banana:

betro

September 27th, 2008, 07:52 AM

Tom changes stance, is open to mall in SRP

By Marian Z. Codilla
Cebu Daily News
First Posted 09:13:00 09/27/2008

With Filinvest Inc. (FLI) dangling an P80 billion development plan, Cebu City Mayor Tomas Osmeña had a change of heart and said he is now open to the idea of having a mall within the South Roads Properties (SRP) area.

Osmeña said a mall can cater to the needs of future occupants of the hotels and condominiums proposed by FLI and can somehow complete the facilities within the reclamation area.

The mayor previously opposed the establishment of a mall within the SRP, saying its presence may cause small and medium stores within the downtown area to close shop.

Osmeña said malls don't create more jobs and its employees don't receive big salaries.

Now, the mayor said he is entertaining proposals and may even include SM on the list of priorities.

“Someday, there will be room for a mall...to address the needs of those who live in those residential units. We will consider it just to make it complete,” he said.

Aside from a mall he said a dock for ferry boats may be placed in Kawit Island to complete the facilities in SRP.

Osmeña said Ocean Jet expressed interest in the project.

FLI's P80-billion investment in the SRP include developing a 51-hectare property under a joint venture (JV) with Cebu City.

The real estate company also said it will purchase 10 to 12 hectares of land within that area worth P2 billion.

FLI is also planning to build medium to high-end high complexes of commercial spaces, hotels, condominium units and retirement facilities.

Under the JV arrangement, the Cebu City government will get at least 10 percent of the sale or lease of the building located within the area.

FLI's proposal has yet to undergo public bidding but already some Cebu City officials find it attractive.

Cebu City Vice-Mayor Michael Rama said they still have to listen to other proponents.

City Councilor Sylvan Jakosalem also said the proposal looks good.

“Seems like this proposal won't have any swiss challenge the way it looks. It sounds so beneficial to the city,” Jakosalem said in a text message sent to .

“Don't think any other developer can match this,” he added.

Along this line, Osmeña said the absence of a standard master plan for the South Road Properties (SRP) will attract investors to develop portions of the reclamation area.

Osmeña said there should be no competition among investors within the reclamation property because it would affect the city's interests to get as much profit in the joint ventures it will undertake with the winning bidder.

“There is no standard master plan but we do not allow direct competition,” Osmeña said.

“Why would we create competition for ourselves?. If it is a JV, we want the prices to be up and if there is a competition the prices will fluctuate,” he added.

Osmeña said that contrary to the claims of critics, a master plan would not be a good idea since the city wanted to “be flexible” and maximize the value of its property by entertaining the proposals of interested investors.

“The thrust is to be as flexible as possible. Maybe our master plan is to be the first to adjust to those who have good plans for the city. If you have a master plan you are stuck,” he said.

According to Osmeña, the Cebu City government cannot turn down proposals just because it is not within its master plan.

The mayor said the city's master plan for the SRP will focus on the installation of utilities like cooling, power and water distribution systems and transportation to the establishments.

betro

September 27th, 2008, 07:54 AM

Sinjin P.

September 27th, 2008, 07:56 AM

^ :applause:

SM Mall of Asia - Cebu Branch? :lol: Abangan!

concern

September 27th, 2008, 08:32 AM

^^ sound's Mall of Asia in Cebu :D

concern

September 27th, 2008, 08:35 AM

^^ cross fingers! :D

slimer

September 27th, 2008, 11:24 AM

well sa makauna lang siguro. i heard a rumor (from an insider hehe) that FLI has plans to put up one.

Sinjin P.

September 27th, 2008, 11:38 AM

^ ala Festival Supermall? (one of my favorite malls)

noi-pinuela

September 27th, 2008, 11:40 AM

garaganera deserves this :bash:

Mabuhi ka tom! :banana:

para sa tanang sugbuanon:cheers:

rau

September 27th, 2008, 11:41 AM

Tom changes stance, is open to mall in SRP

By Marian Z. Codilla
Cebu Daily News
First Posted 09:13:00 09/27/2008

Now, the mayor said he is entertaining proposals and may even include SM on the list of priorities.

“Someday, there will be room for a mall...to address the needs of those who live in those residential units. We will consider it just to make it complete,” he said.

SM? Mall of Asia in Cebu? hmmmm.. but i think Its about time that there should be a mall in cebu city south..

Sinjin P.

September 27th, 2008, 11:42 AM

^ So has Garganera stepped down already? :lol:

rau

September 27th, 2008, 11:52 AM

City hopes to draw more investments (http://www.philstar.com/index.php?Local%20News&p=52&type=1&sec=70&op=40&om=57)

By Jessica Ann R. Pareja Garry B. Lao
Saturday, September 27, 2008

A day after receiving a formal offer from Filinvest Land Inc. to develop 50 hectares of the South Road Properties, the City of Cebu continued pushing the SRP to potential investors.

Mayor Tomas Osmeña along with Joel Mari Yu of the Cebu Investment and Promotions Center (CIPC) showed to delegates of the 2008 National Developers’ Convention and Exhibition at the Marco Polo Plaza Hotel what Cebu has to offer.

Yu highlighted the SRP as Cebu’s centerpiece for development.

Osmeña also pointed out that the city did not make a master plan for the SRP as this would be a “fixation.”

He said that the city has to be flexible with regards to this project so that it can go along the needs of the investors.

“The world is changing, so our thrust is to be as flexible as possible,” said Osmeña.

FLI plans to buy 10 hectares from the city and develop and additional 40 hectares in a joint venture.

Osmeña said that the city would be in a better position to earn more from a joint venture since it will get a share from the gross proceeds and not only of the profits.

“Whether they make a profit or not, we will get the portion of their sale. By this, there will be no discretion and less corruption,” Osmeña said.

Garganera To Resign

Former Tinago barangay captain Joel Garganera, who is now a councilman, said that he will really resign from his post if the city can sell a portion of the SRP before the year ends.

Gargagera, a staunch critic of the mayor, dared Osmeña to resign from his post if he could not sell a single lot at the SRP by the end of 2008. Likewise, he said that he would quit if there would be a sale.

With the offer of FLI, Garganera’s days as barangay councilman might be numbered as he said that he will be true to his word.

“I will stand with my words even if the mayor did not bite my challenge,” Garganera said, adding that he was happy when he heard the news that FLI will be investing in the SRP.

“Don’t get me wrong. I am happy. But before I will resign, I will personally congratulate Mayor Osmeña ug basin tingali maka-abot pa ko og Pasko sa dili pa ko mo-resign,” Garganera said.

Garganera expressed concern about the huge payments the city is making for the SRP loan.

Although he was happy with the latest development, Garganera advised the company to carefully study and be aware of the legality of the SRP.

“Ganahan pud ta motan-aw sa terms and conditions. Kung mobayad ba dayon ang Filinvest or unsa nga pamaagi, di ba? Katungod pud sab tingali nato isip lungsoranon,” Garganera added.

Last March 2007, Garganera asked the court to stop Osmeña, the city council and the CIPC from marketing or leasing the 290-hectare SRP.

He also had said that Proclamation 843, which transferred ownership of the SRP to the City, was invalid because it lacked congressional approval.

But two months later, a Cebu judge said he found no basis in Garganera’s lawsuit to issue a temporary restraining order against Cebu City’s transactions to develop the SRP.

FLI Vice President for Visayas and Mindanao Projects Tristan Las Marias said that they plan to put up hotels, condominiums, a corporate headquarters and hospitals in the 50 hectares they are proposing to develop.

Las Marias said they have already expressed intention of investing at SRP four years ago, but it the process was quite long as the city was still studying what to do about it.

Las Marias said that if their proposal will be approved, the project will be done in phases. They are planning to put up five to eight buildings once they get the nod of the city.

He said that they are targeting the international market for the project that is estimated to cost at least P80 billion.

noi-pinuela

September 27th, 2008, 11:59 AM

hinaot unta... if he still has the "deicadeza". cebu does not deserve this kind of leader.:ohno:

diehardbisdak

September 27th, 2008, 12:33 PM

^^ .....ehemmmmmSM! :lol:

ofw_cebu

September 27th, 2008, 12:36 PM

murag daghan kaayo developments dah from SRP all the way to Consolacion. . . any idea kung naay upcoming projects for the south?

Mercato

September 27th, 2008, 01:52 PM

sabi nila

UP CEBU = UP MANILA kasi mga students poor but intelligent
USC = ATENEO kasi mga students rich and intelligent
not all are rich in USC though. coz im from USC! and im not rich!!! hehehe!!! Carolinian!!!

check out nyo ang website ng USC - http://www.usc.edu.ph
isa ako sa mga original na developers ng website na yan! Sayop, sayop kanang "rich". The correct word ought to be handsome... Carolinian!!! :banana:

diehardbisdak

September 27th, 2008, 02:10 PM

murag daghan kaayo developments dah from SRP all the way to Consolacion. . . any idea kung naay upcoming projects for the south?

^^ SOUTH? ...dili ni upcoming pero expansion of Gaisano Fiesta Mall...including ani ang opening diha sa Bo's Coffee, Sunburst, Pizza Hut, Postrio and nearby McDonald's and Andok's Dine-In

...na-a'y lain nga development pero dugay na ni nga proposal pero wala pa man update up to now which is ang PASEO...as per press their release early this year, they will build another branch in Talisay City with anchor store Robinsons Supermarket...ang location is the lot fronting the Talisay City Hall...here's a googleearth image pero, karaan na ang image, wala pa ang South Road og ang City Hall..heheheh!

..the white line is the South Road karon...
http://www.imageocean.net/images/gqna2i24mrd2j4tno0p.jpg

Cebuski78

September 27th, 2008, 03:53 PM

Respite from debt
By Linette C. Ramos
Sun.Star Staff Reporter

CEBU City officials find “very attractive” Filinvest Land Inc.’s (FLI) unsolicited proposal to develop the South Road Properties (SRP) and expect to get two other offers from major developers in a month’s time.

Mayor Tomas Osmeña will convene anytime the Joint Venture (JV) Selection Committee, which will evaluate the contractual arrangement for the JV proposal that FLI submitted last Thursday night.

Although they have yet to read the details of FLI’s offer, Vice Mayor Michael Rama and some city councilors said the package is attractive and could be advantageous to the City.

The outright 10-hectare purchase amounting to some P2 billion will relieve the City of the loan payment burdens for the next three to four years.

The City pays P300-P400 million every February and August for the principal amount of the loan, interest and other fees.

“Right now, from what I’ve seen, it’s very attractive but we have to get hold of the copy of the proposal, check every detail before we can say it’s acceptable or not,” Rama said.

Councilor Hilario Davide III, co-author of the “Ordinance prescribing guidelines and procedures for entering into JV agreements with private entities,” said that as long as the contract conforms with every provision of the ordinance, the council will approve it.

“We have not read the proposal yet but with an outright purchase of 10 hectares and a joint venture for 40 hectares, I think it’s a pretty good proposal... The important thing is that it will have to be consistent with the guidelines,” Davide told Sun.Star Cebu.

Last Thursday night, Cebuano-owned FLI presented their formal offer to City officials to buy 10 hectares of land and develop 40 hectares under a JV agreement.

The joint venture will include a cluster of high-rise buildings on the seafront, medical and retirement facilities, commercial and residential buildings and office spaces.

The City stands to gain at least 10 percent of the firm’s annual gross sales under the JV.

For Councilor Sylvan Jakosalem, FLI’s proposal will be hard to beat or match by other developers, considering that it took four years to prepare. “As explained during the presentation, it sounds very attractive and advantageous for the city,” he said.

According to the records of the City Treasurer’s Office, the City has so far paid P2.5 billion for the loan principal, interest and guarantee fees for the SRP.

It still has a balance of some P5.15 billion, payable up to 2025.

Osmeña said yesterday that other members of the JV Selection Committee will be picked next week and will be convened anytime.

From the mayor, the proposal will go to the selection committee, which will evaluate and review the contractual arrangement before it is returned to the mayor.

The committee will be chaired by City Administrator Francisco Fernandez, and will include as voting members the city attorney and three officers knowledgeable in finance, in joint ventures and the technical aspects of the project.

Non-voting members include an officer from a regulatory body, an observer from the Commission on Audit and two observers from the private sector.

Joel Mari Yu, the managing director of the Cebu Investments Promotion Center (CIPC), the marketing arm of the SRP, said they expect to get another proposal in a month’s time.

Yu said it’s unlikely that the two developers would just challenge FLI’s unsolicited proposal because they are interested in other areas of the 290-hectare SRP.

“They are submitting proposals for different areas, so they will not be competing against each other. We are expecting another proposal maybe within a month,” he told Sun.Star Cebu.

Yu said that while other developers were asked to refine their proposals, FLI’s was accepted because it fits the kind of integrated development the City wants for the SRP, and the firm was “the fastest to come up with a palatable proposal.”

In a phone interview last night, he also advised Tinago Barangay Councilor to start packing up because he might just have to resign, as he himself promised if the City doesn’t make a sale this year.

“Ipaputos na nya iyang mga butang. He has been making irresponsible statements about the SRP that he does not understand. It’s time for him to eat his words because they were said not out of knowledge or facts, but because of politics. There should be some comeuppance here because no one can say irresponsible things and be able to get away with it,” Yu told Sun.Star Cebu. (LCR)

Cebuski78

September 27th, 2008, 04:28 PM

kabusy kaha siguro ron ni tito tom sa? naa pay BRT naa pay SRP...
maayo unta og morelax siya gamay og magpa spa ba kaha basin mastress out
siya pag-ayo, simbako atakehon nya, na kadaghan baya sa plano sayang og di madayon...hehehehehe! GO mayor tom! CeBOOOOOM! :banana: :banana: :banana: :banana:

LordCarnal

September 27th, 2008, 06:54 PM

Cebu Metropolitan Cathedral

http://i153.photobucket.com/albums/s223/arnold_carl/WordPress/Old_Churches/Cathedral/cmc.jpg

Jimbu

September 27th, 2008, 07:59 PM

Proposed Cebu New Container Terminal
http://ttpiph.com/images/major_project_cebu_port.jpg

from: http://ttpiph.com/ttpiph_projects_major.html

SineBuano

September 27th, 2008, 08:04 PM

Do you know that a US military ship was named after Cebu.

The USS Cebu (ARG-6) was a Luzon-class internal combustion engine repair ship in the service of the United States Navy in World War II. Named after Cebu, an island in the Philippines, it was the second ship of the Navy to bear this name.

http://www.totallycebu.com/USSCebu1.jpg

The Crew:
http://www.totallycebu.com/USSCebu2.jpg
Image source: www.navsource.org

Here's the wikipedia link; USS Cebu (http://en.wikipedia.org/wiki/USS_Cebu_(ARG-6))

rau

September 27th, 2008, 08:10 PM

Proposed Cebu New Container Terminal
http://ttpiph.com/images/major_project_cebu_port.jpg

from: http://ttpiph.com/ttpiph_projects_major.html

where will this port be located?

timoga_lover

September 27th, 2008, 08:15 PM

UP CEBU = UP MANILA kasi mga students poor but intelligent
USC = ATENEO kasi mga students rich and intelligent

I wouldn't say that. I've been to UP Manila a few times and saw that most of their students are very, very rich. There are middle-class students there for sure, but the bulk of their students come from the very affluent family.

I saw one of their yearbooks (yr 2006) and many of the students' addresses are at very expensive, very exclusive villages such as Ayala Alabang, Corinthian Gardens, Forbes Park, Dasmarinas Village, New Manila and the like. UP's Med School is housed at UP Manila as are the other paramedical programs which probably makes the school inviting to the rich students.

To be honest, their very rich student body somehow put me off as I'm afraid I might be able to "keep up with the Joneses" if I go there.

As for USC, I have observed that it has a mixed student body. Some are from the middle-class and some are from the affluent class. Like at UP Manila, you will never bump into someone who’s poor. But unlike UP Manila, there really isn’t a student who’s from the very wealthy clans. To put it on average, USC has a mixed class which I think would be a more likable environment to be in.

For Lemonade: Visit both campuses, make a feel which one would you think you're at home with and decide based on that. I think they are both excellent choices and you can never be wrong in choosing either one of them.

Personally, however, I would choose UP as it is UP. You said it yourself; you want to have your degree some value when you leave Cebu. USC is a great school and is the oldest academic institution in the country and probably in the whole Asia. Some of their alumni have made a mark for themselves and the country. That’s a testament to how tested USC is in the academic world. But UP is UP. And when you go back to Manila, no schools would beat that degree as I doubt that the top employers there would take your UP degree lightly as they probably would with an USC, or an Ateneo, as you've said it yourself.

Good luck!

diehardbisdak

September 27th, 2008, 10:29 PM

^^ ang mga Navy, mura lagi sila na-a'y "down syndrome"..heheheh!

diehardbisdak

September 27th, 2008, 11:35 PM

...at Crossroads Banilad - flickr pics by @oscarmachaconjr

http://farm4.static.flickr.com/3051/2892632652_2992064a8d.jpg?v=0

http://farm4.static.flickr.com/3241/2891787547_9e256c640b.jpg?v=0

diehardbisdak

September 27th, 2008, 11:48 PM

...someone posted that pic last year....na mention man siguro 'to asa ang location pero nakalimot na gyud ko....hehe!

where will this port be located?

habagatcentral1

September 28th, 2008, 02:43 AM

...at Crossroads Banilad - flickr pics by @oscarmachaconjr

http://farm4.static.flickr.com/3051/2892632652_2992064a8d.jpg?v=0

http://farm4.static.flickr.com/3241/2891787547_9e256c640b.jpg?v=0

Somebody or some people hasn't brought be here yet. Hmmmm.....pagbalik naku usab diha, they should bring me here, hehe!! :D

How much is the entrance fee for these clubs in Crossroads Banilad?

slimer

September 28th, 2008, 05:02 AM

i dont think garagaranera is really concerned about the city's huge debt, he even asked the court to stop the city from marketing the SRP. concern diay na? kita ko aning tawhana in person, mosurok gyud imong dugo hehe...

jameslab8470

September 28th, 2008, 05:18 AM

Cebu Normal University is now a Center of Excellence for Nursing in the Philippines...

That's good news! Pero in the entire Philippines gyud bai? coz as far as i know, the CHED gives the title for every region. Like in usc engineering, the department of ChemE, and ME are the centers of excellence in the central visayas. other departments are still in the process of obtaining the title.

noi-pinuela

September 28th, 2008, 05:30 AM

ang bp mo bai....:lol:

marxman

September 28th, 2008, 06:09 AM

bullshit mn nang tao nga ipa stop ang marketing. ang maau unta niyang buhaton kay mutabang para walay jud sipyat ang pag.progress sa SRP. kay kita mga cebuano rman sd maka ginansya ani.

ang angay sd buhaton ni tomas. han.ayon niya tanan mga legalities kabahin anang SRP. kay dghan kaung mga tao na gusto m.bring down ana. kibaw nka sa mga walay ayo na pinoy CRAB MENTALITY kau. para kung naay musuway ug bitad niini paubos kay pwde na isagpa ni tomas ang mga papeles nila.

its really up to tomas now how he will handle the SRP. i hope he'll handle it well!!!

nya kita pud mga cebuano kay we should be vigilant(e) kung naay mga tao na m.try jud ug bring down sa SRP. then we should kill him!!! hehehe! JOKE!!!

noi-pinuela

September 28th, 2008, 06:33 AM

^^too harsh bai!

ok na pahawaon lang sila sa puwesto bai :lol::lol::lol:

habagatcentral1

September 28th, 2008, 06:42 AM

I might be late for noticing this at the Cebu City image of Google Earth:

http://i67.photobucket.com/albums/h291/berniemacksouthcentral/cebu.jpg
Keppel Tower and Innove has 3D already. :)

habagatcentral1

September 28th, 2008, 06:48 AM

And add this up:
http://i67.photobucket.com/albums/h291/berniemacksouthcentral/cebu-1.jpg

marxman

September 28th, 2008, 06:58 AM

ang problema kung muhawa ba kha na sila. hehehe! cge lng its not us mn sd m.kill nila. naa baya tay mga vigilante squads! hehehehe!

bitaw m just joking!!! the only reason im working here in makati coz the opportunity for learning and career advancement is much greater compared dira sa cebu. mayta m.abot ang time na m.uli ko cebu para m.work!!! and SRP could be the solution!!!

dark_knight_detectve

September 28th, 2008, 06:58 AM

City hopes to draw more investments (http://www.philstar.com/archives.php?aid=20080926156&type=2)
By Jessica Ann R. Pareja Garry B. Lao
Saturday, September 27, 2008

A day after receiving a formal offer from Filinvest Land Inc. to develop 50 hectares of the South Road Properties, the City of Cebu continued pushing the SRP to potential investors.

Mayor Tomas Osmeña along with Joel Mari Yu of the Cebu Investment and Promotions Center (CIPC) showed to delegates of the 2008 National Developers’ Convention and Exhibition at the Marco Polo Plaza Hotel what Cebu has to offer.

Yu highlighted the SRP as Cebu’s centerpiece for development.

Osmeña also pointed out that the city did not make a master plan for the SRP as this would be a “fixation.”

He said that the city has to be flexible with regards to this project so that it can go along the needs of the investors.

“The world is changing, so our thrust is to be as flexible as possible,” said Osmeña.

FLI plans to buy 10 hectares from the city and develop and additional 40 hectares in a joint venture.

Osmeña said that the city would be in a better position to earn more from a joint venture since it will get a share from the gross proceeds and not only of the profits.

“Whether they make a profit or not, we will get the portion of their sale. By this, there will be no discretion and less corruption,” Osmeña said.

dark_knight_detectve

September 28th, 2008, 07:03 AM

AFC confident of Cebu’s role as model city in football (http://www.philstar.com/archives.php?aid=20080926197&type=2)

Saturday, September 27, 2008

The Asian Football Confederation (AFC) led by its Vision Asia director Brendan Menton expressed optimism that Cebu can be successful in its challenge to become the model city among the 32 affiliated clubs of the Philippine Football Federation, the country’s governing body in football.

Cebu may not be far behind in terms of football development compared to other places in Asia, but the AFC delegates, in their assessment, saw there are still lot of things that has to be done.

AFC found the Cebu Football Association (CebuFA) to be a small organization with limited resources, but with the support of both the government and the private sector, everything is possible.

“With what we saw, Cebu is the correct choice,” Menton said. RP is the 12th country and Cebu as the 25th city to adopt the project.

AFC proposed that CFA should have provincial statutes that are consistent with the FIFA standards. It also advised the local group to come up with long running competitions and more development projects for players, coaches and referees.

AFC is deeply concerned that some of the country’s football referees and coaches are not upgraded with the latest FIFA rules that they offered a workshop for them.

As incentive for its tie-up with AFC, Cebu will be a beneficiary of the AFC Aid 27 program wherein they will give funding for a full time coach who will train kids and other coaches.

AFC also advised the city government of Cebu to construct two football fields on an artificial ground since it cost less in terms of maintenance.

As its counterpart, Menton promised to share their technical expertise to CFA once everything have already been finalized. These include coming up with long term grassroots and youth development projects as well as dealing with the different sectors that could provide financial aid to CFA. – Caecent No-ot Magsumbol

Back to top

slimer

September 28th, 2008, 08:18 AM

it actually depends sad sa career nga imong gusto. kay naa ko kaila gi-offeran sa usa ka company diha pero he turned it down kay maayo sad dagan sa iyang career diri.

slimer

September 28th, 2008, 08:25 AM

I might be late for noticing this at the Cebu City image of Google Earth:

http://i67.photobucket.com/albums/h291/berniemacksouthcentral/cebu.jpg
Keppel Tower and Innove has 3D already. :)

it looks like keppel is taller than innove. pero anyway, nindot ni dah kay naay nagkugi ug himo ani hehehe... :okay:

slimer

September 28th, 2008, 08:28 AM

some photos i took last night in AITP.

http://img509.imageshack.us/img509/9290/aitp1tu5.jpg (http://imageshack.us)

http://img407.imageshack.us/img407/8757/aitp2de9.jpg (http://imageshack.us)

SineBuano

September 28th, 2008, 08:37 AM

Sakto gyod ka bai, ang opportunity dili na pangitaon imo nang buhaton bisan asa pa ka ibutang.

ZenChedi

September 28th, 2008, 08:44 AM

That's good news! Pero in the entire Philippines gyud bai? coz as far as i know, the CHED gives the title for every region. Like in usc engineering, the department of ChemE, and ME are the centers of excellence in the central visayas. other departments are still in the process of obtaining the title.

Is it by region? As far as I know too with medical and paramedical courses they're for the entire Philippines, and since Nursing is a paramedical course, it's probably the same with medical schools, (UP, UST, in Manila and CIM (Cebu Institute of Medicine) in Cebu are the only centers of excellence in medicine, while Xavier University in CDO is a center for research in medicine and on its way to becoming a center of excellence).. Anyway, the requirements for such recognition is something the other schools can only dream of, as it requires not only good and outstanding school facilities, faculty and training but also requires a very good track record in board examinations and in this case CNU has proved to be exceptional... Congratulations!

federalist

September 28th, 2008, 09:12 AM

daghan jud opportunity diri pero kinahanglan qualified sad ka before ka dawaton ug kinahanglan deserving ka.

jameslab8470

September 28th, 2008, 10:21 AM

Is it by region? As far as I know too with medical and paramedical courses they're for the entire Philippines, and since Nursing is a paramedical course, it's probably the same with medical schools, (UP, UST, in Manila and CIM (Cebu Institute of Medicine) in Cebu are the only centers of excellence in medicine, while Xavier University in CDO is a center for research in medicine and on its way to becoming a center of excellence).. Anyway, the requirements for such recognition is something the other schools can only dream of, as it requires not only good and outstanding school facilities, faculty and training but also requires a very good track record in board examinations and in this case CNU has proved to be exceptional... Congratulations!

Really? Im not sure though. I need to ask my fellow Faculties and maybe Fr. President himself. hehe.. I never heard CHED gives center of research. All i know is they give COD and COE only.. Maybe COR gives by another institution.

Anyay, your right on the requirements... BUT STILL, remember we are still in the Philippines. There is one school in the country that was given such a recognition, but their record was way below the average. Faculty members are not that good also. They were given lang by CHED para naay Center of Excellence sa ilang region**. I cant tell you what is that school though. But i can say siguro that the source is reliable.

** - that's y i think the COE and COD is by region. and not by the entire country.

ZenChedi

September 28th, 2008, 10:47 AM

Really? Im not sure though. I need to ask my fellow Faculties and maybe Fr. President himself. hehe.. I never heard CHED gives center of research. All i know is they give COD and COE only.. Maybe COR gives by another institution.

Anyay, your right on the requirements... BUT STILL, remember we are still in the Philippines. There is one school in the country that was given such a recognition, but their record was way below the average. Faculty members are not that good also. They were given lang by CHED para naay Center of Excellence sa ilang region**. I cant tell you what is that school though. But i can say siguro that the source is reliable.

** - that's y i think the COE and COD is by region. and not by the entire country.

Ah ok.. I'll try to crosscheck my sources too.. I think Center for Research is given to medical schools only and I'm not also sure if it is given by CHED.. Before the school is given recognition as center for excellence, it has to become a center for research first, that was the same case for CIM a long long time ago when I was still a medical student.. hehe.. But that's as far as I know too.. Until now, Xavier University college of medicine hasn't been elevated to COE even though it's a center for research for quite some time now. I'm connected with the medical schools here, so I only know of the medical schools, but I'm not sure with the other courses. Because I remember before, whenever a school is recognized as a center of excellence for this particular course, they advertise it in newspapers and say, "one of only 5 (or 3 or any #) COE in (Nursing, Medicine, Computer Eng, etc...) in the Philippines" Naa jud nay in the Philippines.. hehehe..

Anyway, some schools may not have good facilities nor good faculty but are still recognized as COE maybe because of its graduates' track record in board examinations.. I also know of a certain school outside Cebu which has below average facilities, faculty, but their graduates seem to perform extremely well during board examinations hence they were recognized as COE. And I think as with any evaluation, it's always subjective, and there's bound to be some bias..

diehardbisdak

September 28th, 2008, 02:49 PM

^^ dili pa ni sure mga bai about Filinvest ka'y proposal pa lang ni...pwede mokontra ani ang COA if ever wala'y mo-challenge og i-scrutinize na sab ni nga moabot og another 2 years...hehehhe....Garganera will stay until next election...hehehehhe!

AmbutLang

September 28th, 2008, 04:51 PM

dongRoy

September 28th, 2008, 04:56 PM

Ex-chus me lang ha, OT lang ko gamay.

First call to all SSC Cebu forumers. Check out the Samahan Thread for our next scheduled meet. Thank you very much!

Jimbu

September 28th, 2008, 05:09 PM

Gikan ko sa Bogo City ganiha, naagian nako ang Price Club Warehouse Hapit na mahuman ug napinturahan na ang tibuok building. Ang driveway ug parking lot gi traboho pa. Wala ko ka picture ang camera naa sa akong kamut. :bash:
Nakapalit na ang SM nga dako luna yuta from the Martinez para shopping mall.

Asa man ning Price Club Warehouse sa Bogo City ?

Nakapalit ang SM ug luna sa mga Martinez sa Bogo? Para SM Mall of Bogo City? :)

AmbutLang

September 28th, 2008, 05:32 PM

SM shopping mall in Bogo City is coming soon. The just purchased a big lot. kadaruhan pa sa tobu nga adunay bongtud gamay. I will give the exact location/street tomorrow.
Kinsay taga Bogo City palihug post pictures sa Price Club warehouse ug SM Bogo City Location (kadaruhan pa).

leylander

September 28th, 2008, 05:34 PM

OT: makalagot lang gyud. hehe

http://farm4.static.flickr.com/3088/2894703607_588ffb621b_o.jpg

Jimbu

September 28th, 2008, 06:27 PM

“Creative City” campaign launch underway (http://www.philstar.com/index.php?Business&p=52&type=2&sec=71&aid=20080928174)
The Freeman
Monday, September 29, 2008

Works are now underway for the launch of the "Creative City" campaign in the Philippines through the support of the British Council to develop the competitive creative industry here.

Businessman Jay P. Aldeguer, who was a recipient of the International Young Design Entrepreneur in London three years ago, was asked to identify the Philippines' creative hub in the Philippines, and he picked Cebu.

Without bias, being a Cebuano, he said that he was proud to push Cebu to become a "creative hub" in the Philippines, as a lot of Cebuanos have made their names in the international market through their impressive design creations, the likes of Monique Lhuillier, Kenneth Cobonpue, Gil Carungay (Avatar), Bigfoot, among others.

Aldeguer said he is currently working with the British Council to identify the players of the broad creative industry in Cebu to hone the skills of striving artists who have big potentials in the international field.

After all, he said Cebu's economy is driven by companies with core competencies on creativity and design, like the furniture, fashion accessory, home furnishings, outsourcing (animation), among others.

Aside from magnifying Cebu's success in the creative industry through the successful international icons, Aldeguer said part of the plan is to organize the entire creative industry in Cebu, including industry players in the publishing, literature, visual arts, performing arts, and others.

He said there is a need to provide a venue for the "starving artists" to make it in the international field. By organizing a sound creative pool here, these stakeholders in the creative industry will put forward the economic development in Cebu, in particular.

Aldeguer made mention of the furniture industry's plight in fighting a lot of challenges over the years, and still come out successful and thriving, because of the excellent creativity and design skills of Cebuano talent pool.

Last year, Aldeguer was part of a tour organized by the British Council to visit the "Creative Cities" in Southeast Asia. He said the group visited 10 cities in the region, which are proclaimed as "Creative City." These include the cities of Indonesia, Thailand, Japan, and China, among others.

The launching of the "Creative City" campaign in Cebu, which is set on March 2009, will be scheduled in time for the CebuX 2009, which will be a fitting venue to flaunt Cebu’s edge in creativity to delegates from all over South East Asia.

There will be 40 to 50 delegates from the Southeast Asian region that will join the launching of "Creative City" in Cebu next year.

This time, Aldeguer said he will work together with concerned government agencies, like the Provincial government, department of trade and Industry (DTI) to organize the creative industry stakeholders in Cebu, including the aspiring artists.

The core advocacy of the program is to put forward the development of "creative entrepreneurship" in Cebu.

Once, organized, Aldeguer said it is easier to hook the creative industry players in Cebu with the world's creative entrepreneur network, thereby providing the industry players with broader opportunities not limited in their home ground.

He said the program would like to organize the entire artists' or creative community of Cebu, in the whole spectrum, making emphasis on recognizing the start-up artists and creative people. – Ehda M. Dagooc

Blair

September 28th, 2008, 06:34 PM

Monday, September 29, 2008
Hotel to open amusement ‘park’ on top floors before end of ’08
PROPERTY developer J. King and Sons Co. Inc. (JKSCI) will launch in November a mini amusement complex on top of a hotel tower on Osmeña Blvd., Cebu City.

The amusement facility—which will feature a roller coaster that will run around the edge of the building, an Insanity ride and a Sky Walk—will be situated on the top floors of the 40-story Crown Regency Hotel and Towers, one of the high-rise buildings at the Fuente Towers Complex.

The roller coaster, known as the Edge Coaster, is the first of its kind in the world to be mounted on top of a hotel tower, said Janos Lakatos, vice president for manufacturing of the US-based Interactive Rides Inc.

Interactive Rides manufactured and installed the Edge Coaster and a similar facility on a building tower in Las Vegas in the United States. The company will also install other amusement rides and equipment that is part of Crown Regency’s Sky Experience Adventure project.

“This is a very unique concept,” said Lakatos, adding that Crown Regency Hotel is the only hotel in the Philippines and in Asia, so far, which has an amusement facility at its top floors.

The Edge Coaster can carry up to eight people and allows its passengers to get a 36—degree view of the metropolis from Fuente Osmeña.

Lakatos said while the ride will move at low speed, on the track around the building, thrill-seekers would enjoy the option of being able to tilt the coaster car 55 degrees away from the building.

“You will have the feeling of floating in air because you won’t see the building or the (coaster) car,” he told news reporters in a press conference last Friday.

Hitesh Sampat, Crown Regency Hotel and Towers general manager, said the Insanity ride—which involves an equipment that will be mounted on the 40th floor of the hotel tower that will allow its passengers to sit suspended in the air—will become operational a year after the Edge Coaster’s completion.

He said the Sky Experience Adventure at Crown Regency will also include the Skywalk, which allows one to walk on a platform outside the tower, at level with the 37th floor.

Those who want to take a stroll around the building, almost 400 feet above ground will be attached to a harness for safety.

The Sky Experience Adventure will also feature a restobar, a gentleman’s club, observatory, Vivo game zone and a four-dimensional movie theater.

Sampat said a ride on the Edge Coaster would cost about P500 per person, excluding the entrance fee of P380.

“(The facilities are) meant to provide a place where the entire family can have fun,” he said.

Lakatos assured that the rides are safe. He said Interactive Rides Inc. had checked Crown Regency’s structural design and stability before designing the rides.

The safety aspect of the rides and their durability were also checked using a software that is used by industrial and space systems.

The roller coaster vehicles and track are made of aircraft steel and aircraft aluminum.

“We know and have taken all safety precautions,” Lakatos said.

Aside from Crown Regency, JKSCI owns other hotels, condominium development projects and sports facilities in Cebu (including Mactan) and Boracay, among others. (LAP)

http://www.sunstar.com.ph/static/ceb/2008/09/29/bus/hotel.to.open.amusement.park.on.top.floors.before.end.of.08.html

Jimbu

September 28th, 2008, 06:44 PM

Monday, September 29, 2008
CH starts talks on 2 projects (http://www.sunstar.com.ph/static/ceb/2008/09/29/news/ch.starts.talks.on.2.projects.html)
By Linette C. Ramos
Sun.Star Staff Reporter

FOLLOWING Filinvest Land Inc.’s (FLI) offer, Cebu City Hall is starting talks with the Aznar family for the purchase and development of up to 100 hectares of their estate in Barangays Pardo and Toong for an “urban poor city” there.The City has also started discussions with the Asian Development Bank (ADB) for possible funding of the 5.6-kilometer highway that will connect SRP to Pardo and Toong.

Both projects were announced by Mayor Tomas Osmeña last year. He said they will be possible once the City starts earning from the South Road Properties (SRP).

“With Filinvest’s offer, the City is now in the position to start talking to the Aznars for the purchase of the lot... This is a commitment of the mayor that he intends to keep. We are now talking to the concerned parties and we intend to push through with it,” City Administrator Francisco Fernandez told Sun.Star Cebu.

Fernandez and representatives of ADB and the Aznar-owned Alta Vista Golf and Country Club visited the site of the proposed urban poor city last Friday, a day after the FLI presented to city officials their formal offer to buy SRP lots.

Now that FLI has formally announced its plan to buy a 10-hectare SRP lot worth P2 billion and develop 40 hectares under a joint venture agreement with the City, the highway and the new barangay can materialize soon, he said.

The 50 to 100 hectares of land is intended to be the site of an urban poor settlement and is seen to address the housing needs that may arise because of the SRP.

Industries ranging from call centers, a hospital, educational institutions, retirement facilities, hotels, a yacht club, government offices and a stadium or coliseum that the City hopes to host in the 290-hectare facility are expected to generate at least 30,000 jobs.

“In similar projects, governments don’t prepare for the economic growth that it will bring. We’re now doing the exact opposite. There will be a high demand for housing once the industries start to operate, and we have to prepare for that,” Fernandez said.

The mayor had earlier proposed to create a new barangay in the south district, where illegal occupants of private properties in the city and those living along riverbanks can be relocated.

So the City can get a good deal with the Aznars, illegal occupants on the family’s properties in the city will be prioritized.

“We have already identified the lots in Toong and Pardo for the urban poor na magkinahanglan ug yuta (who will need a relocation site). We are going to create an urban poor city to accommodate people who will work in the SRP,” he said.

Tax credits

Aside from the priority it will give to occupants of the Aznar properties in the city, the City will also extend tax credits to the Aznars if they agree to sell their lots below their current market values, Fernandez said.To make the new barangay and the Alta Vista Golf and Country Club accessible to SRP workers and investors, a 5.6-kilometer highway is also being planned.

From SRP to Pardo, the highway is estimated to be 3.6- kilometer long, and will stretch another two kilometers from Pardo to Toong. The highway is also seen to give the public easier access to Toong, a mountain barangay.

Infrastructure

The ADB is now studying if the infrastructure can be integrated into the projects within the SRP that it intends to finance.“ADB is giving us a grant for SRP development projects so the ADB is now looking into the possibility of making the highway a component of that project. The SRP is an economic development project for the City that will bring in growth, and we should be prepared for that,” he added.

diehardbisdak

September 28th, 2008, 08:02 PM

...dili ka'y gi-minusan ko sa Bogo City ba, pero i wonder kung unsa'ng mga klase nga tenants diha kung magbutang man og mall ang SM diha...basin Savemore ra ni...heheh!

SM shopping mall in Bogo City is coming soon. The just purchased a big lot. kadaruhan pa sa tobu nga adunay bongtud gamay. I will give the exact location/street tomorrow.
Kinsay taga Bogo City palihug post pictures sa Price Club warehouse ug SM Bogo City Location (kadaruhan pa).

federalist

September 28th, 2008, 08:06 PM

basin preaparation ra ni after 5 years pa itukod. ang Gaisano Bogo medyo mingaw man pero dako man ug potential ang Bogo.

so, posible ni nga project.

diehardbisdak

September 28th, 2008, 08:11 PM

^^ so, pagkakaron, we'll talk na lang about this sa Rumors Thread...until ma-klaro na...hehe!

Raisingthebar

September 28th, 2008, 08:49 PM

Any updates on the boardwalk? Is it going to open soon?

diehardbisdak

September 28th, 2008, 08:59 PM

^^ ...for more than a year, wala pang official press release at wala pang nakita na tenants na nag move in sa mall...baka, di na 'to mabuksan...hehehhe!

rGm

September 28th, 2008, 10:47 PM

Hey, can someone explain to me what they mean by "Urban Poor City"? Is that like a government sanction squatters area? Or is that an area for mass housing similar to the Gawad Kalinga villages. I'm just confused with the title, and am not to fond of the title "Urban Poor City"?

diehardbisdak

September 28th, 2008, 10:55 PM

^^ parang ganun na nga...

dive-cebu

September 29th, 2008, 02:21 AM

obviously, this guy is from VisMin area coz he knows the Visayan language. No question, second to Manila is Cebu so I can safely conclude that this guys is really SOURGRAPING! :ohno:

Kung wala lang sya'y masulti sa ilang lugar kay dili kaayo malambuon, di na lang unta sya manghilabot sa uban!!! :bash: :bash: :bash:

OT: makalagot lang gyud. hehe

http://farm4.static.flickr.com/3088/2894703607_588ffb621b_o.jpg

Sleepwalker

September 29th, 2008, 02:32 AM

Sleepwalker

September 29th, 2008, 02:44 AM

...dili ka'y gi-minusan ko sa Bogo City ba, pero i wonder kung unsa'ng mga klase nga tenants diha kung magbutang man og mall ang SM diha...basin Savemore ra ni ...heheh!

Agree ko ani Bai...Basin Savemore ra ni karon(mas click ang groceries nga negosyo didto)...Kay di pa kaayo dako ang market sa Bogo (and neighboring towns) ug ang mindset sa mga tawo, kung shopping ang storyahan, modiretso ra dayon og Cebu City.

rau

September 29th, 2008, 03:14 AM

OT: makalagot lang gyud. hehe

http://farm4.static.flickr.com/3088/2894703607_588ffb621b_o.jpg

@ley, dont mind this blog.. this only shows how the author of this blog is so envy of cebu city/cebu province..

ang gaba dili magsaba so beware siya..LOL

betro

September 29th, 2008, 03:19 AM

obviously, this guy is from VisMin area coz he knows the Visayan language. No question, second to Manila is Cebu so I can safely conclude that this guys is really SOURGRAPING! :ohno:

Kung wala lang sya'y masulti sa ilang lugar kay dili kaayo malambuon, di na lang unta sya manghilabot sa uban!!! :bash: :bash: :bash:

Well, dili nata mahibong ana mga bai. Im pretty sure naa na siya sa mindanao. Ato lang na siya iampo sa sto niño na dili siya maboang og hunahuna sa kalamboan nga nahitabo sa CEBU. Siguro dili lang siya ka accept jud sa reality.:bash:

rau

September 29th, 2008, 03:27 AM

^^ yeah, you are definitely right! lets move on...

mAiNsTrEaMhunter

September 29th, 2008, 04:14 AM

http://www.etriptips.com/wiki/images/thumb/6/60/USA_Beverly_Hills_Sunset_boulevard.jpg/400px-USA_Beverly_Hills_Sunset_boulevard.jpg

http://www.hollywoodusa.co.uk/images/BeverlyHillsHotel.jpg

http://travel.sky.com/cms/images/inspiration/la_gallery/sunset_blvd_PHOTOSHOT_510x286.jpg

http://willhicks.files.wordpress.com/2007/04/beverly-hills.jpg

I'd love to see the SRP look like the SUNSET BOULEVARD and Beverly Hills in LOS with towering palm trees (even though the sun doesn't sets there). hows that feeling though?!?!?! feeling like it'll be a Hollywood type of urban development....i guess its a more picturesque and perfect view for the SRP...surely, it'll be a celebrated place...:):)

well, what's this type of trees? are they a family of palms? are there plant species of these in Cebu? or anywhere else in the phillys? I forgot to ask when we went there a couple of years ago...looks very good to me and i guess those in Ayala could fit in but for me its quite short compared to the ones in LOS, albeit its good if it would be more taller and slimmer... i mean, just perfectly the same as those....:):)

Wind Shear

September 29th, 2008, 04:49 AM

OT: makalagot lang gyud. hehe

http://farm4.static.flickr.com/3088/2894703607_588ffb621b_o.jpg

Tuo man ka ana. Ayaw na lang patol ana kay di siya ka-level nato.

---------

I'm am very happy on the new development in SRP. Now, let's cross our fingers.

Narjz

September 29th, 2008, 05:11 AM

OT: makalagot lang gyud. hehe

http://farm4.static.flickr.com/3088/2894703607_588ffb621b_o.jpg

duda ko kang tagalasang ni nga blog..

rau

September 29th, 2008, 05:18 AM

^^ enough with tagalasang..let's go on to our regular programming.. :lol:

betro

September 29th, 2008, 05:26 AM

duda ko kang tagalasang ni nga blog..

Ignore lang nato na bai nisamot na sila kasuya sa mga latest development sa CEBU. U can just imagine in one developer plano na mo invest around P80Billion=$1.7Billion in 50 hectares lot. What if 5 developer mo invest namely FILINVEST, SM, AYALA, MEGAWORLD and ROBINSONS with 50 hectares each. TOTAL $8-9 Billion na investment in SRP alone kaya kaha na nila mabuhat.:banana:

rau

September 29th, 2008, 05:46 AM

MichaelNikki

September 29th, 2008, 05:57 AM

duda ko kang tagalasang ni nga blog..

i may have to agree with this idiot blogger who raised some issues concerning the sto. niño with the sinulog festivities. pero this idiot telling as nga mga "buang mo" is way below the belt. Ikaw ang Buang kung kinsa man kang kanahan ka! In all fairness lang, i am also not into this kind of religious belief where divinity is associated with human made stone, wood, glass and even clothing images that depict it as some form of sacrilegious ideology. After all, deny it or not it is still branded as paganism. but every place, culture and society has their own traditions much like cebu. so we have to respect it. we can always share our opinions in a manner that is acceptable pero in this bloggers case walay respeto. daw beh, if we are to ask him kung ilang lugar ba walay festival nga associated with mga santo!? buang sad siya! this idiot is swallowing his own words ra.

icarusrising

September 29th, 2008, 06:16 AM

Cebu city government accepts
FLI offer on SRP development (http://www.businessmirror.com.ph/09292008/companies02.html)

By Wilfredo Rodolfo III
Reporter

CEBU CITY—The city government has formally accepted the unsolicited offer of Filinvest Land Inc. (FLI) for a joint-venture development of 50 hectares of the reclaimed South Road Properties (SRP).

The offer, which could earn the city P2 billion in outright land sale proceeds and a hefty profit share for all of Filinvest’s projects, is the first wholesale development bid for the 240-hectare reclamation project completed in 2001.

The project could bring in as much as P80 billion worth of development in the property in the long term, FLI vice president for Visayas and Mindanao Tristan las Marias said.

“As soon as the proposal is cleared we are ready to immediately build five to eight medium-rise buildings,” las Marias said.

He said Filinvest plans to build more high-rise projects for leisure, retirement, medical tourism and corporate headquarters.

Las Marias was with FLI vice chairman Andrew Gotianun Jr. when they formally presented their proposal Thursday night.

The bid is set for ratification by the Cebu City Council and for a public challenge.

“We will open this bid for challengers but they [challengers] would have to be qualified and of the same stature as Filinvest. We won’t allow a company from Samar to come in and say they can build this project,” Mayor Tomas Osmeña said.

Vice Mayor Michael Rama said the offer was “very attractive,” but that the city council will still have to look at the details of the proposal.

Mayor Osmeña hopes to sign the contract with FLI by the end of the year so construction could already start.

FLI is bidding for SRP’s seafront property near the boundary with Talisay City and a large portion of inland lots.

Las Marias said the seafront property will become the showcase of the whole area.

“This will be the only central business district that is beside the sea, so this will surely be very attractive for multinational companies.”

FLI is proposing to buy 10 hectares of land in the SRP at a “Commission on Audit-approved price” of P15,000 per square meter.

The rest of the development will be pegged on two schemes of profit sharing—one based on price plus a premium; and the other, on 10-percent gross share for the city, whichever is higher.

“The city is on a very good position because we get a share in everything they earn,” Mayor Osmeña said.

Joel Mari Yu of the Cebu Investments and Promotions Center said the proposal took four years to create since the city was very particular about the details of development at the SRP.

He said other wholesale proposals at the SRP “are being processed.”

The SRP was built by a loan obtained by the Cebu City government with the Japan Bank for International Cooperation. The city will be paying for the loan until 2020.

LordCarnal

September 29th, 2008, 06:23 AM

@MichaelNikki

Since you mentioned it, I will have to disagree with you on this line,

i am also not into this kind of religious belief where divinity is associated with human made stone, wood, glass and even clothing images that depict it as some form of sacrilegious ideology. After all, deny it or not it is still branded as paganism.

Perhaps yes on the protestant's point of view but this topic is highly debatable. I will not further expound on it -- especially with regards to the bible, etc. -- because it is against SSC rules and I might get banned.

But just a hint, if it is paganism then perhaps Moses and the Is*****tes themselves are pagans for believing that they will be healed from God's wrath by looking at a cross with a snake on top of it and/or for crafting the ark of the covenant with two golden statues of angels and offering incense to it while it's being kept at the sanctum sancturom of a temple.

..

Wind Shear

September 29th, 2008, 06:27 AM

Monday, September 29, 2008
CH starts talks on 2 projects (http://www.sunstar.com.ph/static/ceb/2008/09/29/news/ch.starts.talks.on.2.projects.html)

FOLLOWING Filinvest Land Inc.’s (FLI) offer, Cebu City Hall is starting talks with the Aznar family for the purchase and development of up to 100 hectares of their estate in Barangays Pardo and Toong for an “urban poor city” there.The City has also started discussions with the Asian Development Bank (ADB) for possible funding of the 5.6-kilometer highway that will connect SRP to Pardo and Toong.

Both projects were announced by Mayor Tomas Osmeña last year. He said they will be possible once the City starts earning from the South Road Properties (SRP).

“With Filinvest’s offer, the City is now in the position to start talking to the Aznars for the purchase of the lot... This is a commitment of the mayor that he intends to keep. We are now talking to the concerned parties and we intend to push through with it,” City Administrator Francisco Fernandez told Sun.Star Cebu. Read More (http://www.sunstar.com.ph/static/ceb/2008/09/29/news/ch.starts.talks.on.2.projects.html).

LordCarnal

September 29th, 2008, 06:31 AM

MichaelNikki

September 29th, 2008, 06:46 AM

@LordCarnal

Omg! Do you actually believed EVERYTHING what the bible says!? and with the moses crap and parting of the red sea and with the story of that rod turning into snake? geez man i wasnt born yesterday.

Cebuski78

September 29th, 2008, 06:56 AM

duda ko kang tagalasang ni nga blog..

unsa diay nang bag-o ni tagalasang..naa moy link? hehehe pabasaha ko...

MichaelNikki

September 29th, 2008, 07:09 AM

@LordCarnal

Dude i apologise for my behavior in this forum. I think i got carried away and got out of hand. I believe this is not the proper forum to talk something about peoples personal belief. Dont get me wrong but i am very nice in person only that i am quite frank and open minded. Again i apologise to you about my said remarks. Respect to you.

bdw, i'm an atheist married to a muslim. and i happen to have a close relative actually a cousin of my grandfather who is an archbishop. i also happen to always visit my lolo archbishop and eat ice cream in the archbishop's palace. i was once a boy who used to walk to church EVERYDAY with my father. weird isn't it? but this is just me. i am sorry for my rude behavior.

Narjz

September 29th, 2008, 07:27 AM

unsa diay nang bag-o ni tagalasang..naa moy link? hehehe pabasaha ko...

wa gyud diay ko masayop kang tagalasang gyud.. mao ni ang link http://tagalasang.wordpress.com/
pero ato lang na siyang e ignore.

702flyguy

September 29th, 2008, 07:36 AM

This is nice but I think SRP should have it's own Cebuano brand of sceneries, I still can't believe that FLI is investing that much money at SRP. I hope Ayala and SM can do the same for SRP or the Consolacion project.

702flyguy

September 29th, 2008, 07:39 AM

Cebu is really rivaling Metro Manila in a good way. I hope that Metro Cebu will be as progressive as Metro Manila and do more minus the mistakes that Manila made in its Urban Planning. More hotels and more investments for Cebu!

dongRoy

September 29th, 2008, 09:31 AM

IMO, ganahan ko sa gibuhat anang tagalasang blogger person. And I especially want the Cebuano owned corporations; JG, FLI and CHI to read about it and how this person has been bashing below the belt criticisms about the hometown of these corporations' CEOs. I would like to see how these Cebuano CEOs, who BTW, have been pouring investments in this blogger's hometown, would react.

dongRoy

September 29th, 2008, 10:03 AM

Monday, September 29, 2008
Nalzaro: Nothing yet to rejoice about
By Bobby Nalzaro (http://www.sunstar.com.ph/static/ceb/2008/09/29/oped/bobby.nalzaro.saksi.html)
Saksi

CITY officials should not rejoice yet on the unsolicited proposal of Filinvest Land Inc. (FLI) to put up a multi-billion investment at the South Road Properties (SRP) because proposals are still proposals. It can be pursued or scrapped if things go wrong, especially when it involves a government transaction and where every detail is reviewed thoroughly.

The FLI proposal is just like a man proposing marriage to his girlfriend. Until they walk down the aisle and sign a marriage contract, everything is up in the air. Mahulog pa man gani nang mumho nga naa na sa baba, kana pa kahang business transaction.

Filinvest, one of the biggest developers in the country, is proposing to develop a 50-hectare portion of the SRP with 10 hectares in outright sale and 40 hectares in joint venture with the Cebu City Government. The developer plans to put up high-rise buildings, an ultra high-end residential area, a medical facility for retirees and other infrastructures.

In a joint venture agreement there are procedures and regulations that need to be followed. The government watchdog, Commission on Audit (COA), should be actively involved in the process to determine if the transaction is not disadvantageous to the City Government and perhaps some brilliant legal minds should also be consulted to avoid legal implications in the future. What if a taxpayer or any individual for that matter sabotages the transaction by going to court, delaying the entire process?

City Hall officials should be reminded about their own undertakings in stopping the joint venture agreement of the Provincial Government and that of a China-based consortium to develop the Capitol-owned lot in Banilad into a high-end residential area called Ciudad Sugbo. The project has been put on hold after the Cebu City Council passed an ordinance stopping the development in the area until traffic problems are solved. The council, I presumed, was acting on the orders of Mayor Tomas Osmeña because he and Gov. Gwen Garcia are at odds.

Basin baya ang taga City Hall maoy ma-unay sa tari. I am for sure by now Tomas critics on the SRP are already mapping out plans to “sabotage” the forthcoming deal. We might be shocked one day that a taxpayer has gone to court questioning the deal, or perhaps the losing bidder because the FLI proposal is still subject to challenge by any other interested entity before a bidding is conducted.

What about Tinago Barangay Councilor Joel Garganera and his cohorts going to court? What will be the cause of action? Well, money and politics are enough bases for a cause of action. I remember a lawyer-friend who told me about his story. He was asked by his client to file a case against the latter’s business partner. So, he did.

When my friend and the lawyer of the other party incidentally met at the Palace of Justice building, he was confronted by the lawyer. “Pataka man lang kag pasaka ug kaso sa akong kliyente Pañero nga wala man toy cause of action ang imong kaso.” My lawyer-friend fished his wallet out of his pocket, which was filled with huge bills and showed it to the lawyer and remarked, “kini diay (pointing to the money in his wallet) dili ni cause of action.”

My friend Joel Garganera should not worry. I am sure that until the end of the year this proposal by FIL will not materialize. Tomas and other city officials should show first the Cebuanos the color of the FLI check or money before we start rejoicing. And that certain Joel Marie Yu, Tomas’ top agent on the SRP, should stop bragging and talking about this transaction as not to waste his saliva. Ug ang mga sugarol pay pasultihon layo pa ni sa tinai sa manok. Nagbuwa lang na imong laway, Mr. Yu.

(bgnalzaro@gmanetwork.com/0918-2198333)

SRP: A gamble that paid off handsomely
SHOOTING STRAIGHT By Valeriano Avila
Monday, September 29, 2008 (http://www.philstar.com/index.php?Opinion&p=52&type=2&sec=72&aid=20080928179)

By now, everyone in Cebu already knows that Filinvest Land Incorporated (FLI) has virtually closed a humongous P80 billion deal with the City of Cebu to acquire around P50 hectares of land at the controversial South Reclamation Properties (SRP). I say controversial because it just had too many critics and oppositionists who believed that Cebu City Mayor Tomas Osmeña was wrong in committing the City of Cebu into undergoing such a gargantuan project. I can only say that most of the critics of hizzoner couldn’t think past their small minds.

Just a few weeks ago, Barangay Tinago Councilman Joel Garganera dared Mayor Osmeña to resign if the City would not sell a portion of the SRP and consequently, he too would resign if the Mayor sold something in the SRP. Well, I’m willing to bet that Mr. Joel Garganera would never resign because he can always find excuses like, this challenge was never perfected nor agreed by both parties. But if he is truly a gentleman, he would resign because his challenge was made in public! But then, who cares if he quits or not? Small minds truly cannot fathom bigger minds.

While this big news was heard by the Cebuanos only in last Friday’s headline, last Sept.16, we already made this announcement in this corner, though it was still considered “unofficial”. But that’s the job of columnists to find out anything that’s happening in our locality and report it before it becomes breaking news. So before you read another breaking news early next month, let me just say that there are two other hot deals coming to the SRP, which promises us that the growth and development of Cebu City would more or less be assured in the decades to come.

But that’s not all! The SRP totals around 300 or so hectares of reclaimed land and the FLI deal would only develop 50 hectares. When FLI’s development starts, you can bet your last centavo that the property value of the SRP would increase tremendously especially for the remainder of the property. When this deal is signed, sealed and delivered, Mayor Tomas Osmeña can retire from politics with a grin, that he was able to pull off one of Cebu’s greatest gambles called the SRP! Though we are all elated by this news, it is no time to gloat. There’s still a lot of land out there that need to be developed before we can rest on our laurels.

concern

September 29th, 2008, 10:52 AM

^^ ka negative pud aning mga tawhana, dapat optimistic sila sa development sa cebu..:bash::bash:

slimer

September 29th, 2008, 11:14 AM

it's okay bai coz as far as i know, interested gyud ang FLI. they're not doing this just for publicity. mayor tom knows better than these guys and he knows what he's doing and dealing with in srp!

Cebuski78

September 29th, 2008, 11:36 AM

maayo man pod na ilang gibuhat aron mapressure gyud ang city pagtuman sa ilang mga saad...hope what nalzaro did is just a constructive criticism...ganahan man na siya sa mga plano ni tomas pero iya lang himo-an og negative comments para pa gyud maduso ning mga plano sa atong idol nga si tito tom..diba? hehehehe! :banana: :banana:

SineBuano

September 29th, 2008, 12:10 PM

Lingawlingaw sa ta para dili mainit atong ulo.

Song of the Cebu

1gQXa9SgrtE

animasola

September 29th, 2008, 12:42 PM

^^Either a lot of people are ill-informed or the creator of the video intended a pun. If it was the former, it actually is supposed to be Zebu instead of Cebu, a humped cattle. Coincidently, Zebus are found in tropical environments such as SEA; ergo, the video may have some relation with Cebu if the creator intended any.

diehardbisdak

September 29th, 2008, 01:29 PM

BLU
Marco Polo Plaza Cebu
flickr pics by @justinventura

http://farm4.static.flickr.com/3265/2897405631_c6b0dbc4be_o.jpg

http://farm4.static.flickr.com/3120/2897405623_f59fe57e32_o.jpg

concern

September 29th, 2008, 02:16 PM

sabagay, murag na challenge man pud si thomas sa mga critics.. :D

diehardbisdak

September 29th, 2008, 02:21 PM

^^ bitaw, na-ay point si Nalzaro kay basin mo-paling ang bad karma ngadto sa City Hall tungod sa gibuhat nila sa Provinvincial Gov't about sa dako nga CIUDAD project sa Banilad nga unta daghan ng makatrabaho sa Cebu pero sa tinood lang, ang rason sa pagkansela sa development in that area is personal grudge ra gyud 'to...IMO!

diehardbisdak

September 29th, 2008, 02:29 PM

...correct ka bai...if you review sa mga archived news, since 2005 pa gyud ni "nanguyab" ang FLI sa City Hall...so, klaro gyud kaayo ilang intention sa SRP...

it's okay bai coz as far as i know, interested gyud ang FLI. they're not doing this just for publicity. mayor tom knows better than these guys and he knows what he's doing and dealing with in srp!

Sleepwalker

September 29th, 2008, 02:53 PM

diehardbisdak

September 29th, 2008, 03:07 PM

Cebu, hard work, honesty: Taiwanese gets right mix for printing business
By Cris Evert Lato
Cebu Daily News
First Posted 16:24:00 09/29/2008

Joey Wang, 34, was not born a Cebuano, but his love for Cebu's beaches made him transfer in Cebu City and eventually set up a printing business at M.J. Cuenco Avenue in barangay Mabolo, Cebu City.

A chief hotel concierge in Taiwan for 13 years, Wang decided to return to the Philippines in 2004 to set-up his own business.

It was the year when the severe acute respiratory syndrome crippled some of Taiwan's industries so there were months that work was hard for ordinary employees.

In setting up his business, Wang did not consider Manila as a conducive business venue since he hated the heavy traffic and pollution.

He flew to Cebu a few months after he returned to the country armed with the gut-feel and some machines to boost his newly-found calling of being an entrepreneur.

"I did no survey. I had no business plan when I arrived. I started from zero. I just felt very comfortable here and at home. The Cebuanos were very nice," he said.

"I was 30 years old then so I thought bata pa naman, madapa man ako, pwede pa akong bumangon (I'm still young if ever I fail, I can always get up)," Wang added.

His initial intention was to sell printing machines, where he poured his P1 million savings from his previous work and from sales he earned in selling his house and car.

While waiting for buyers, Wang started accepting printing services. From there, he decided to go full blast on digital printing and laser engraving among others.

Business was not good from 2004 to early 2006, getting clients were hard and profit was not enough to sustain operations but giving up was not an option.

Finding the right name for the business also pose a challenge.

"I had applied 20 to 30 names with DTI (Department of Trade and Industry) pero wala pa rin, di tinanggap (but to no avail, it was not accepted.). It was my friend Roland who suggested the name," he said.

His printing business was then named Signa Modena.

It was around the same year, mid-2006, that the business also started to peak owing to companies which trusted his promise of delivering quality materials.

Today, Signa Modena's clients include hotels such as Marco Polo Plaza, Shangrila's Mactan Island Resort and Spa and Plantation Bay, and schools such as Cebu Institute of Technology, Southwestern University and Benedicto College.

HARD WORK

Having spent most of his life in Manila and Taiwan, Wang's experience in Cebu made him value hard work and honesty.

Language was a barrier since he cannot speak Bisaya.

"I do not know anybody and nobody knows me so I cannot get credit line with suppliers."

"But I thought, tiyaga lang talaga kailangan ko dito (hardwork is all I need). If Cebuanos work 10 times, I should work 100, even 200 times," Wang shared.

Luckily, Wang already had the machines necessary to do the printing job. These were also advanced in technology than the ones in Cebu because they were bought from Taiwan.

The next challenge was to find his customers.

"Iniisa talaga naming kinakatok ang mga companies dito sa Cebu at Mandaue just to get projects. We printed a lot of samples to show the quality of our service," he said.

Cebu had six companies and small business owners which offer digital printing services in 2004 when Wang established Signa Modena.

The competition was on speed, quality and honesty, said Wang.

At present, challenges of the business fall on increasing prices of materials.

"But we cannot raise our prices because customers might pull out so profit is really slim. We just maintain quality so that we can get more clients," he said.

Wang has also ventured into selling small machines, which can print images and texts to letters and mugs in a few minutes.

This is ideal for start-up entrepreneurs.

A start-up machine kit can cost between P20,000 and P30,000. Free training is provided but with no franchise fee.

TRADE SECRET?

There is definitely no trade secret in business success, said Wang.

The principle of paying it forward is what he applied in the last four years.

"You have to teach your employees although they might leave you in the future to set up their own business. That's your responsibility," he said.

Setting up a good working relationship with the staff is also important.

"I always tell my staff not to consider the hierarchy or structure. It's not that I'm the boss. We're a team," he said.

He now has 10 employees.

Wang said he has no plans of going to Manila or Taiwan four years after living in barangay Mabolo, Cebu City with his wife and two children.

His parents, Jamei and Luisa, who were first hesitant for him to operate his own business, are now also in Cebu.

With his can-do principle and much hard work, Wang has developed into a true-blue Cebuano businessman. Maybe not by blood, but ultimately, with a full Cebuano heart.