LIBERALIZED TRADE OF RICE CUTS PRICE
THE Department of Finance (DOF) said the passage
and implementation of the
Rice Tariffication Law (RTL)
in 2019 has slashed prices of
the country’s staple food to
the current average of P39 per
kilo or a reduction of about P7
per kilo compared to its cost in
2018 when the per kilo retail...
"The best for COVID19 prevention"
Oil giant Shell to take $5bn hit by leaving Russia
Oil giant Shell has confirmed it will take a hit of
up to $5bn (£3.8bn) from
offloading its Russian assets as part of plans to
withdraw from the country. The firm has pledged
to no longer buy o...
Pain Changes Us
It has been raining the
past days. Gloomy weather
dampens the mood especially with news of flooding and
landslide that had taken lives
of people. It seemed not so
long ago when we were ravaged...
Bail as a Matter of Right
Jurisprudence has recognized that the right to bail
is cognate to the fundamental right to be presumed innocent. Bail is the security
given for the release of a person in custody of the law. It...
Mike versus Margot
If we talk about the election
period in Cebu City, political
observers said the close fight
for the mayorship is between
incumbent Cebu City Mayor
Michael “Mike” Rama and former Cebu City Coun...
DepEd receives $1M worth of IT equipment from ADB
THE Asian Development Bank on Tuesday said it
turned over worth $1 million
worth of tablets, solar-powered transistor radios, and
other information technology
equipment to the Department
Gibo Teodoro bats for more PPP projects
FORMER Defense Secretary and senatorial bet Gilbert “Gibo” Teodoro hopes to
revitalize the public-private
partnership (PPP) program
to continue building critical
infrastructures across the
DTI issues rules on energy consuming products
THE Department of
Trade and Industry (DTI),
through the Bureau of Philippine Standards (BPS), has
issued a department order
that provides the new technical regulation prescribing
Some nonprofit hospitals, schools to pay 25% income tax
PRIVATE schools and
nonprofit hospitals may have
to pay the 25% regular corporate income tax if their
gross income from unrelated
business activities exceeds
50% of the total income, the
Moody’s has stable outlook on PH, 14 banking systems
Service announced on Monday that it has maintained
a stable outlook on the majority of Asia Pacific (APAC)
banking systems, including
In a release, th...
MCWD celebrates World Water Day with Barangay Looc kids
TO PROMOTE awareness on sanitation and clean
environment, the Metropolitan Cebu Water District (MCWD) held a handwashing activity in Barangay Looc, Mandaue City on
March 22 as part of the celebra...
Don’t buy Korean branded luncheon meat sold online
THE Cebu City Department of Veterinary Medicine and Fisheries (DVMF)
is warning the public against
buying a Korean brand of luncheon meat commonly called
“Korean Spam” being sold
Gasolina Mo, Sagot Ko
THE Cebu City Government started distributing
fuel discount cards to public
utility vehicle (PUV) drivers
on Friday, April 8, 2022.
Around 30,000 PUV
drivers have received their
Construction of church in protected area okayed
THE Cebu City Council
has allowed the Iglesia Filipina Independiente to construct
the Saint Anthony De Padua
Church in Purok 2, Barangay
Iglesia Filipina Independiente appli...
City intensifies vigilance this Holy Week
CEBU City is on heightened alert status starting Monday, for the observance of the Holy Week. Police Lt. Colonel Janett Rafter, operation branch chief of CCPO, said the 11 police stations in the ci...
Tagbilaran bishop urges voters not to sell their votes
Alberto Uy on Sunday, April
10, reminded the faithful not
to accept money from election candidates.
“The Holy Week is a good
time to make a promise that
in the coming...
Corella: Top 1 Most Competitive Municipality in Bohol
THE Municipality of
Corella was named by theDepartment of Trade and Industry (DTI)Top 1 Most Competitive Municipality in the entire
Province of Bohol for the year
2021 under the 5th to 6th Class...
Sanggunian okays use of idle lands
THE Sangguniang Panlalawigan of Bohol (SP) has approved an ordinance that seeks
to maximize the use of idle private and government-owned
lands in the province for
Russia will ‘go to court’ if declared in default
MOSCOW will start legal proceedings if it is declared in default by the
West, finance minister Anton Siluanov said Monday,
after Russia was declared in
“selective” default over the
Elon Musk no longer joining Twitter board
ELON Musk is no longer
joining the board of Twitter,
the CEO of the social media
company said late Sunday,
in a reversal less than a week
after announcing the Tesla
chief would be appointed....
Australia to hold election on May 21
Minister Scott Morrison has
called a federal election for
Mr. Morrison announced the date after talks
with the Governor-General
in the capital, Canberra.
UK economic growth slows, manufacturing declines
growth slowed in February
amid declines in the production of cars, computers, and
Gross domestic product
increased just 0.1% from a
month earlier, down from
LEADERS LEAVING DIGONG FOR LENI
A PROMINENT law professor said that President Rodrigo Duterte is now a lameduck chief executive of the
Philippines and is now being
abandoned by prominent
leaders and society leaders to
Focus on food production: businessman
BUSINESS Leader Rey E.
Calooy said that it is now time
for local and national governments to focus on improving
food production or even modernizing the agricultural sector so the country will su...
Operation Tulong of MBC a success: Padin
THE relief, feeding, and
medical mission in Cebu by
radio stations DZRH and
DYRC of the Manila Broadcasting Company (MBC) was
a big success, according to
DYRC Station Manager Jovelyn Satinitig...
Metro-Cebu Public Savings Bank closed down
THE Bangko Sentral ng
Pilipinas (BSP) has closed
Metro-Cebu Public Savings
Bank and placed it under the
receivership of Philippine
Deposit Insurance Corp.
The PDIC said in a w...
Contractor asks: Declare failure of CCMC bidding
A CONTRACTOR has
asked the Cebu City Bids
and Awards Committee to
reverse the decision and
declare as a failure the recent bidding of phase 4
of the Cebu City Medical Center (CCMC) for the
Soco proposes cap on loan interest rates
CEBU 6th District Board
Member Glenn Anthony
Soco has filed a proposed
ordinance giving a cap on
interest rates of loans under
the Fair Lending Act of 2022.
The proposal if passed,
Money circulating due to election campaign: Tan
BUSINESS Leader Philip
N. Tan said that despite the
health crisis and the devastation of Super Typhoon
Odette, money is still circulating because of the campaign expenses of politicians
The toxicity of the social
media discourse in 2016 by
supporters of then Davao
City Mayor Rodrigo Duterte
did not abate after the campaign. President Duterte
fanned his supporters with
Interesting Holy Week
For instance, many supporters of former senator Ferdinand ‘Bongbong’ Marcos, the survey leader for several
months now, believe he
is already the winner.
Election results othe...
Ukraine war to halve global trade growth
WTO boss Dr Ngozi Okonjo-Iweala said that
the Ukraine war has led
the World Trade Organization (WTO) to cut its global trade growth forecast for
this year. The previous 4.7%
growth forecast has...
What Does A Woman Want?
Sigmund Freud said that
for years he was able to answer a myriad of questions
but one question had eluded
him an answer. What does a
When I was young, I
have always wondere...
Short List for Senators
Great Senators are the
treasure of a country. They
amaze the people with their
great minds steering the policy of the nation. I can only
recall with awe how the senators of this country the lik...
64 running for 12 Senate seats
The Commission on Election (COMELEC) said that
there are 64 persons who are
running for senator and only
12 of them are to be elected for
the next half of the total Senate seats.
The 1939 novel Gadsby is the longest book ever published that doesn’t contain the letter ‘e.’
The first item sold on eBay was a broken laser pointer
Santa Claus was given an official pilot’s license in 1927
A Brazilian man was killed in bed when a cow fell through the roof and landed on him
Agyrophobia is the belief that crossing a street will harm you in some way
Jackie Chan broke twelve concrete blocks with his hand, while keeping the egg he was holding intact.
Before alarm clocks were affordable, there were professional “Knocker Uppers” to wake people up for work.
In the 18th Century, Napoleon and Benjamin Franklin were both defeated at chess by a machine called the Mechanical Turk.
Japanese people use more paper for manga than toilet roll? Most modern Japanese toilets feature bidet washing facilities rather than toilet paper.
Kakorrhaphiophobia is the Fear of failure.
Chrometophobia is the Fear of money.
The symbol on the “pound” key (#) is called an octothorpe.
The longest one-syllable word in the English language is “screeched.”
In ancient Egypt, priests plucked every hair from their bodies, including their eyebrows and eyelashes.
“Go,” is the shortest complete sentence in the English language.
TYPEWRITER is the longest word that can be made using the letters only on one row of the keyboard.
An ostrich’s eye is bigger than its brain.
All polar bears are left handed.
The electric chair was invented by a dentist.
No word in the English language rhymes with “MONTH.”
Cebu Business Week