CEBU and DAVAO, hand in hand for a stronger Philippines!

[malaysia]

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c5 condotel...
[img width=500 height=375]http://i14.photobucket.com/albums/a340/tj_brewed/DAVAO/kadayawan/e97201ca.jpg[/img]

eden park indiana jones ride...
[img width=500 height=375]http://i12.photobucket.com/albums/a237/menicensimple/eden%20pictures/IMAG0271.jpg[/img]

[diehardbisdak]

Int’l bank eyes 2nd branch in Cebu, waits for BSP nod

HONGKONG-based Hongkong and Shanghai Banking Corp. Ltd. (HSBC) will open another branch in Cebu before the year ends.

This, as the bank launched in Cebu its trade services division, a special service designed for exporters and importers.

In an interview, HSBC Philippines chief executive officer Warner Manning said the bank’s presence in 77 countries and territories gives it the niche to facilitate the import and export transactions of its clients.

“Cebu has a lot of exporters and importers who deal with their global clients and suppliers. We can help them facilitate these transactions through our trade services,” Manning said in an interview.

Import, export

“Our aim is to ensure that your import and export transactions in the supply chain are managed effortlessly and effectively, providing your business with the best possible opportunities to grow,” read a statement from HSBC.

HSBC’s import services provide documentary credits (DCs) and import financing. The scope of its export services include documentary collection, documentary credit advising and export financing.

DCs are undertakings by a bank, acting on behalf of the importer, to make payment for goods or services provided by a supplier within a prescribed period. It assures the client that payment will only be made upon presentation of the required documents by a supplier.

With regard to HSBC’s additional branch in Cebu, Manning said the plan is still pending approval by the Bangko Sentral ng Pilipinas (BSP).

“But based on our initial talks with the BSP, they are quite happy with our plan to add a branch in Cebu,” he said.

HSBC, whose sole branch in Cebu is located at the Cebu Business Park, is still on the lookout for a strategic location.

HSBC has 21 branches in the Philippines. It is expanding at a rate of about five additional banks a year, Manning said. (JBN)

[diehardbisdak]

...photos by @fundraiser at skyscrapercity

[img width=375 height=500]http://i23.photobucket.com/albums/b384/peejay_domek/club.jpg[/img]

[img width=500 height=375]http://i23.photobucket.com/albums/b384/peejay_domek/IMG_1463.jpg[/img]

[img width=500 height=375]http://i23.photobucket.com/albums/b384/peejay_domek/IMG_1464.jpg[/img]

[malaysia]

Matina Town Square...
[img width=500 height=375]http://i90.photobucket.com/albums/k251/sscdavao/sscdavao001.jpg[/img]

[img width=500 height=375]http://i78.photobucket.com/albums/j115/davaocity/mts-08-15-2006a.jpg[/img]

[img width=500 height=375]http://i78.photobucket.com/albums/j115/davaocity/mts-08-15-2006c.jpg[/img]

[img width=500 height=375]http://i78.photobucket.com/albums/j115/davaocity/mts-08-15-2006b.jpg[/img]

[img width=500 height=375]http://i78.photobucket.com/albums/j115/davaocity/mts-08-15-2006d.jpg[/img]

[diehardbisdak]

I was browing thru the website of Jollibee. I found out (just today) that they have a COMMISSARY SYSTEM that operates in three (3) sites of which 2 are located in Luzon and 1 located in Mandaue City, Cebu. I wonder how big is this "plant" in Mandaue City because in their website it says that, it serves all stores in the Visayas and Mindanao.....

their website...says...
"In 1996, Jollibee opened the Vismin Foods Corporation (VFC) in Mandaue City, Cebu to service the Jollibee stores in the Visayas and Mindanao areas. VFC has its own bread, pie, sauce and frozen patty lines."



more about this, click here:
http://www.jollibee.com.ph/corporate/commissary.htm

[diehardbisdak]

Fitness Splash!
The Freeman 08/16/2006

Enjoy hours of water adventure at the Aqua Fitness Pool , the only one in the Philippines. Try all the fun water features such as simulated current, bubble massage chair, mushroom falls, high speed showers and jet sprays. A great place to have a swimming party on your kid's next birthday party. Or, just simply just relax and enjoy the water therapy the pool offers. Showers and lockers available.

The area also has a juice bar and a sun deck which has a panoramic view of the city. Club members can use the Aqua Fitness Pool for FREE!

Aqua Fitness Pool is now open daily 7am to 7pm, together with the rest of Club Ultima 's world-class facilities.

Located at the 17th floor of Club Ultima, Tower 2, Fuente Towers, Osmena Boulevard, Cebu City.

[diehardbisdak]

New developer looking at Chinatown Mall project in Cebu

The developer of the P250-million shopping center called Neo Chinatown Mall in Parañaque is considering putting up a similar development in Cebu.

Bay Pacific Neo Chinatown, Inc. board member Dindo Wenceslao said the expansion would depend on the decision of shareholders.

Neo Chinatown sits on a 4-hectare property at the reclamation area in Macapagal Avenue, Parañaque.

"It is one of the ideas we have because of the large Chinese community in Cebu. These are all plans and not concrete [yet]. If the project is successful and they want to build one in Cebu, we are open to that," he told BusinessWorld.

Led by chairman and Hush Puppies proprietor Guillermo Chutick, a group of second- and third-generation Chinese-Filipino businessmen thought of creating a new Chinatown that will be as authentic as possible with a shopping complex that mixes business and trade with social and leisure activities.

Architect Mark Steven Ong, who is a graduate of the Pratt Institute in New York, said the unique commercial-cum-leisure complex is being marketed as the new Binondo.

"It is very difficult to go to Chinatown to buy the goods we need. We decided to take the Chinatown in a new location where it is more convenient and more accessible. We will have the usual stuff you expect or look for such as night market, cultural shows, and the traditional architecture. I believe this is the first for the country," he added.

In his speech, Mr. Chutick said the project "offers not only a unique business opportunity, but also reinvigorates Manila as a multicultural destination."

"Our vision is to combine the old world charm of the original Chinatown in Ongpin with the latest innovations in commercial development. Behind the backdrop of traditional Chinese architecture, Neo Chinatown will offer the best authentic Chinese products and cuisine, as well as some of our modern commercial concepts. It will be the new Chinatown that we will all be proud of," he added.

Six clusters will comprise Neo Chinatown, each with distinct offering.

Talks are ongoing with mainland Chinese investors keen on setting up Chinese restaurants in the complex. Chinese chefs and food experts from Szechuan, Xiamen and Shanghai will be based here as culinary expatriates.

Mr. Ong said he did not only consider space and design, but also the public.

"The new generation of Chinese does not live in Binondo anymore. We notice a lot of people want to go and buy goods and go to these restaurants. But they are uncertain in Binondo since it is really congested. We felt there is this need to put it in a better place," he added.

Mr. Wenceslao likes going to Binondo where many Chinese-Filipinos live and run their businesses, but finds it a hassle because of difficult-to-find parking lots.

"Binondo is for the first generation Chinese businessmen. What we are doing is to have a project that the second- and third-generation will be proud of. We are optimistic about the outcome of the project. When you are in our mall, you will feel like you are in China. A lot of our raw materials were bought from China. It is not a regular mall," he added.

Francis Chua, president of the Federation of Filipino Chinese Chamber of Commerce, Inc., said Neo Chinatown is addressing a niche market.

"The problem of the 168 Mall can actually present itself a good opportunity for Neo Chinatown. He [Mr. Chutick] will convert his establishment into a club that anybody can come to shop and buy. A club that does not have to follow existing retail trade restriction of the country. That is what the new Chinatown is going to adopt.

"With this noble idea, this new Chinatown will go a long, long way. A very few people have the courage of duplicating a new Chinatown," Mr. Chua added.

While the property is near the SM Mall of Asia, he said the Sy-led mall "does not have the Chinese culture which Neo Chinatown is going to offer."

The SM Mall of Asia is the biggest shopping mall of SM Prime Holdings, Inc.

On developments in Parañaque, Parañaque Rep. Eduardo Zialcita said the city is "a little late in terms of development."

"The Pasay area is developing faster but we have no doubt that we will catch up with our neighbors and give them a run for their money. Eventually, we will see a big development in our area," he said.

He cited a planned entertainment center to be put up at the reclaimed area on Roxas Boulevard called Pagcor City, a project of the Philippine Amusement and Gaming Corp.

"You will see the makings of the new Las Vegas family entertainment city right next to Neo Chinatown. It will consist of hotels, recreation centers and a few casino. But that is not the focus. We like to develop it as a major family entertainment center.

"We are also going to have Nayong Pilipino right near Neo Chinatown. I assure you, you are located in a perfect spot," Mr. Zialcita said.

Mr. Ong said the next phase of development for the 4-hectare property are the residential and commercial components. -- Ruby Anne M. Rubio

[diehardbisdak]

OT: WATCH this Saturday, 26 August on ABS-CBN the GRAND Launching of
PINOY DREAM ACADEMY LIVE !!!! from Cebu City:

This is the location: (Cebu Capitol)

[img width=500 height=375]http://i23.photobucket.com/albums/b384/peejay_domek/IMG_1464.jpg[/img]

photo credit goes to @fundraiser

[diehardbisdak]

... correct me if i'm wrong, there are no finalists from DAVAO in Pinoy Dream Academy... Davao has a lot of talents....sayang naman!

[malaysia]

wala siguro bai, kung naa man, di man gihapon makadaug may pa wala na lang. tinda na lang ug balot. kadto kang erich gonzales tsamba rato iya.