This is the roundup of stories that came out in local publications on Feb. 15, 2016.
Cebu traffic costs P132 million a day, says 2012 study
A 2012 study by a Japanese agency found that traffic in Metro costs businesses P132 million in lost man-hours. The four-year old study, done by the Japan International Cooperation Agency, only highlights the effect of the traffic situation at present, which has been worsened by various road projects in Mandaue City.
When my guests found out about the traffic last Tuesday, they all canceled our meetings. We lose business because our clients do not want to spend two hours stuck in traffic. Roy Lotzof, Cebu Leads Foundation Inc. president.
Mega Cebu runs out of time in current Congress
The bill that would have created the Mega Cebu Development Authority filed by nine Cebu legislators has ran out of time to be passed into law by the 16th Congress due to the election period. Neda 7 assistant director Dioniso Ledres Jr. said MCDA would have spurred economic growth and generated jobs. The bill will be tackled in the next congress and has already been approved at the committee level in Congress.
This means we are one step closer to the creation of the MCDA. Evelyn Nacario-Castro, Eduardo Aboitiz Development Studies Center executive director.
Bus company wants Robinsons route
A local bus firm is seeking Cebu City’s endorsement of their offer to the LTFRB for additonal routes that would serve the new Robinsons Galleria Cebu. KMK, which has routes from Naga City, Minglannila and Talisay going to SM City Cebu, wants additional units that would serve Northern and Southern Cebu City going to the new Robinsons mall.
In our thrust to improve accessibility of Robinsons Galleria Cebu, we are amenable to this proposal subject to terms and conditions acceptable to Robinsons Land Cop. and Cebu City KMK Transport Corp. Floramie Vega, RGC Regional Operations Manager.
Other Cebu News:
Sun.Star Cebu: CCMC contractor confident of meeting four-floor target of City Hall for Charter Day celebration.
Cebu Business News:
The Freeman: Retailers group in Cebu says entry of foreign, national brands has weakened local retailers.
Cebu Sports News: