Tag: Cebu

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McDonald’s opens Green & Good store in Cebu

World famous fast food chain, McDonald’s, marked its 44th year in the Philippines with the opening of a new Green and Good store at Il Corso Cebu recently, reinforcing the food company’s twin push for sustainability and inclusive employment.

Cebu Zone Grows as Marcos Greenlights Expansion

President Ferdinand Marcos Jr. has cleared the expansion of the Aboitiz-backed West Cebu Industrial Park–Special Economic Zone (WCIP-SEZ), approving the addition of seven new land parcels that widen the zone’s footprint in Balamban, Cebu.

SM to open Cebu convention center in 2026

SM Hotels and Conventions Corp. (SMHCC), the hospitality arm of SM Prime Holdings Inc., is ramping up its nationwide MICE—meetings, incentives, conventions and events--footprint with the upcoming SMX Convention Center Seaside Cebu, set to open in the fourth quarter of 2026.

Megawide begins P1.1B Carbon Market Block-2 Project

Megawide Construction Corp. has announced the commencement of its engineering, procurement, and construction (EPC) unit's work on Block-2 of the ongoing Carbon Market redevelopment in Cebu.

Top Line starts IPO, aims to raise P624.6M for expansion

Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.

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AI and digital trust reshape Muslim-friendly travel

Global payments platform leader Mastercard and CrescentRating have launched the 11th edition of the Global Muslim Travel Index (GMTI) 2026, highlighting how technology, digital transparency and regional connectivity are transforming the Muslim travel sector.

Local defense manufacturing push gains ground 

A Philippine-led effort to build a domestic defense manufacturing industry is moving closer to reality, with Stone of Hope Defense (SOHD) seeking government registration for a project that could eventually lead to full-scale local production of firearms and defense equipment.

BSP raises key policy rate by 25 basis points to curb inflation pressures

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has decided to increase the target reverse repurchase (RRP) rate by 25 basis points, bringing it to 4.75 percent.

SMC launches Butuanon River cleanup in Cebu to help reduce flooding

San Miguel Corporation (SMC) has started a river cleanup project along the Butuanon River in Mandaue City, Cebu, as part of its Better Rivers PH program. This initiative supports the government’s Oplan Kontra Baha to address flooding issues.

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