Duros Group head cites significant achievements in 2021, bright prospects for 2022 in yearly review

Despite the far-reaching impact of a pandemic and a typhoon that devastated Cebu and other parts of the country by year end, the Duros Group still managed to achieve significant accomplishments in 2021. Duros Group Chair Rafaelito A. Barino attributed these to the values of hard work, perseverance, and above all, keeping the faith, that…

DTI gives Philippine Quality Award recognition to Wellmade Motors

WORLD-CLASS QUALITY. Dr. Philip Tan receives from Department of Trade and Industry Competitiveness Bureau Director Lilian Salonga the trophy for Wellmade Motors and Development Corporation’s Philippine Quality Award (PQA) Level 2 recognition. With Tan are members of his family (from left) Judith Lee Tan, chief finance officer; Jefferson Phil Tan, vice president and chief operating officer; Jeffrey Philip Tan, vice president and chief administration and information officer; and daughter Phoebe Tan.

By working with the government and tapping programs meant to help businesses, Dr. Philip N. Tan was able to build Wellmade Motors and Development Corporation into what it is today, a world-class metalworking company.

Philippine businesses plot road to recovery amid pandemic

Presidential Adviser for Entrepreneurship and Go Negosyo Founder Joey Concepcion.

The Resilience, Innovate, Sustain, Empower (RISE) Forward 2021 Entrepreneurs’ Summit tackled how Philippine businesses can navigate the pandemic and the resulting market crises and start business recovery. The conference also discussed how the government can fill in. In the virtual Cebu Business Month 2021 conference held online on July 28, large business enterprises shared how…

Smart partners with Lamac cooperative, enables Cebu farmers

PLDT’s wireless unit Smart teams up with one of the country’s largest cooperatives, the Lamac Multi-Purpose Cooperative (LMPC). The partnership, which makes Smart the newest telco partner for Lamac, enables farmers’ livelihood through digital solutions at a time of a disruptive pandemic.

PayMaya leads MSMEs’ digital and cashless shift under New Normal

More Filipino business owners and casual sellers have readily embraced digital payments as a key component of doing business under the New Normal, propelled by ready business-in-a-box solutions from digital financial services leader PayMaya. As of end-November, the number of micro-, small-, and medium enterprises (MSMEs) using PayMaya’s various digital payment acceptance solutions have grown…

OCEAN18 conference in Cebu to focus on how to protect, expand homegrown innovation

A conference that started after the World Economic Forum was held in the Philippines in 2014 will focus this year on homegrown innovation and “how to protect, grow, expand, and make sustainable our own industries.” “We’re beginning to worry about our industries, like we consume a lot more shoes from outside the Philippines than shoes…

Tholons chair: Cebu must embrace, see opportunities in digital disruptions

A panel (from L) composed of Jonathan de Luzuriaga, moderator, and resource persons Cebu City Councilor Joy Augustus Young, Symph CEO Dave Overton, Tholons Chair Avinash Vashistha, and Accenture, Inc. Cebu Delivery Center Lead for Technology Arvin Yason discusses Cebu City ranking in Super Cities of the World list.

Cebu needs to improve in the areas of digital credentials and skills to move up to the top 10 in the Super Cities of the World list of Tholons, Inc. Avinash Vashistha, Tholons chairman and chief executive officer (CEO), said Cebu continues to score low in such areas as open innovation, startup culture, cybersecurity, and…

4 teams from Cebu in finals of Smart’s innovation competition

SWEEP Awards finalists undergo a two-day boot camp so they could polish their entries in time for judging.

Four student teams from Cebu are in the running for the country’s biggest technology competition, the SWEEP (Smart Wireless Engineering Education Program) Innovation and Excellence Awards. Three teams from the University of San Carlos and one from the University of San Jose Recoletos are among the 10 student teams from Luzon, Visayas, and Mindanao that…

Cebu Landmasters CEO Joe Soberano is Ernst and Young’s Philippines Industry Entrepreneur of the Year

ENTREPRENEUR OF THE YEAR. Cebu Landmasters, Inc. chairman and chief executive officer Jose Soberano III during his awarding as Entrepreneur of the Year by the Cebu Chamber of Commerce and Industry.

Cebu Landmasters, Inc. (CLI) chief executive officer Jose Soberano III was awarded “Industry Entrepreneur of the Year” by Ernst and Young last October 18 at the Makati Shangri-la Hotel. Soberano is one of the 19 outstanding finalists representing enterprises from different industries nationwide chosen by Entrepreneur of the Year (EOY) Philippines in its search for…

Among Cebu CEOs, technology solutions have yet to make an impact: survey

CEO SURVEY FINDINGS. Aldie Garcia, PwC Philippines lead branch operations partner, presents findings of the PwC Cebu 2017 CEO Survey. On stage are Cebu Chamber of Commerce and Industry president Melanie Ng and PwC Philippines chairman and senior partner Atty. Alexander Cabrera.

Despite innovations in the field of finance, e-commerce, consumer services, transport and logistics, only a third of Cebu entrepreneurs believe that technology should be a business priority. Results of the PwC Cebu 2017 CEO Survey showed that only 35 percent of business leaders look at how technology can help in the company’s overall strategic plan.…

Filipino Homes opens new office in Mandaue City

PHYSICAL OFFICE. Although it already provides an extensive online network, Filipino Homes complements this with actual offices where prospective clients can visit and get advice from real estate agents, look at listings, or report problems.

Real estate portal Filipino Homes tied up with Skyscraper Realty to put up its eighth in Cebu and 22nd office nationwide at JCentre Mall in Mandaue City. Anthony Leuterio, president and CEO of multi-awarded Leuterio Realty and Brokerage, said Filipino Homes is a one-stop-shop for real estate buyers and sellers. Although it already provides an…

Smart Padala expands network, offers business opportunities

SMART PADALA PARTNERS. Officials of Smart Padala, PayMaya and Smart Communications. Inc. with 3 of their partners during the media event in Cebu. In the photo are: (from left) Mervin Wenke of PayMaya, Butch Conejos, Lawrence Ferrer, Smart public affairs senior manager for Vis-Min Atty. Maria Jane C. Paredes, 3 local Smart Padala partners including John Lois Inoc (3rd from right), PLDT SME Be the Boss awardee Carlo Calimon, and Nick Wilwayco.

As it extends the reach of money remittances to far-flung areas, Smart Padala seeks to provide entrepreneurship opportunities to small store owners. Lawrence Ferrer, vice president and head of domestic business at PayMaya Philippines, called on Cebuanos to put up their own Smart Padala centers and earn extra income in the process. “We believe that…

Teachers attend Smart-run technopreneurship training program in Cebu

TECHNOPRENEURSHIP TRAINING. Teachers from Cebu, Tagbilaran, and Bacolod complete a 3-day SWEEPx: Technopreneurship Training for Teachers initiated by mobile leader Smart Communications in Cebu. The training was held at the University of Cebu Banilad Campus. (Photo: Smart Communications)

Tagbilaran City in Bohol is gateway to such top tourism attractions as the Chocolate Hills and the white sand beaches of Panglao, but it is difficult and expensive to get around using the tricycles that are the most common means of transport. Three faculty members of Holy Name University in Tagbilaran proposed an innovative solution…

DTI brings integrated services to small businesses in Negosyo, Konsyumer caravan

MORE EFFECTIVE. DTI Secretary Adrian S. Cristobal Jr. says they wanted to put "together all services and products of DTI and make them more effective for MSMEs." (Photo: Marlen Limpag)

Micro to medium enterprises and would-be entrepreneurs get an overview of the different services of the Department of Trade and Industry (DTI) during the three-day Negosyo, Konsyumer at Iba Pa caravan in Cebu from June 9-11, 2016. The three-day event aims to equip micro, small, and medium enterprises (MSMEs) as well as those who aspire…

Kimstore brings trendiest gadgets to tech-savvy Filipinos

BOSS FOR E-COMMERCE. Kim Lato (2nd from left) bested three other finalists for the Boss for e-Commerce award at the first-ever Bozz Awards. With her in photo during the awarding are, from left, PLDT First Vice President and Head of SME Business Kat Luna-Abelarde, Rappler CEO Maria Ressa, PLDT EVP and Head of Enterprise Eric R. Alberto, and IdeaSpace Foundation president and founder Earl Martin Valencia.

After nine years and more than 673,000 Facebook likes, Kimstore has become an online powerhouse. Its founder, Kim Lato, describes Kimstore as one of the true pioneers of e-commerce in the country. She emphasized that her company’s growth can be attributed to its mission: To make advanced mobile electronics technologies accessible to Filipinos by providing pro-consumer products and services.

Family Enterprise Excellence Conference in Cebu to tackle challenges facing family businesses

The Premier Family Business Consulting Inc. (PFBC), the only family enterprise consulting firm in Southeast Asia, is inviting family businesses, practitioners, and stakeholders to join a conference that will tackle the challenges facing family businesses.

RAFI Micro-finance opens 5 more branches to serve more mothers

NEW BRANCH. Tagbilaran City Mayor John Geesnell “Baba” Yap (right) cuts the ribbon to formally open the Ramon Aboitiz Foundation Inc. (RAFI) Micro-finance branch in his city. With him are (from left) RAFI Micro-finance & Entrepreneurship executive director Ma. Theresa Catipay and RAFI chief operating officer Dominica Chua. The new branch is intended to help provide a stable and rewarding livelihood to mothers in Tagbilaran.

To serve more client nanays, The Ramon Aboitiz Foundation Inc. (RAFI) Micro-finance has opened five more branches in Bohol, Cebu, and Leyte, bringing the total number of branches to 23.