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News and Events

Mactan-Cebu Airport to Close Runway for 5 Hours Each Day from Sept. 1 to 21

Airlines have announced flight cancellations and rescheduling due to the closure

The Mactan-Cebu International Airport Authority (MCIAA) has announced that it will close the runway of the Mactan-Cebu International Airport (MCIA) every day from September 1 to 21 between 1:30 AM and 6:30 AM to give way to repairs and rehabilitation.“We need to ...

by Lorenzo Kyle Subido  | August 29, 2018 12:00:00
News and Events

Mactan-Cebu Int'l Airport Boosts Megawide's First-Half Earnings

Megawide Construction Corp. posted a 10-percent rise in net earnings in the first half of 2018

 Megawide Construction Corporation posted a 10-percent net profit growth in the first half of the year, the diversified engineering and infrastructure company announced in a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, August 15.Megawide’s consolidated net earnings grew to Php1.26 ...

by Pauline Macaraeg  | August 15, 2018 05:00:00
News and Events

Construction of 3rd Bridge Linking Cebu and Mactan Begins, Completion Seen by 2021

The Cebu-Cordova Link Expressway project is estimated to cost over Php26 billion

Artist's rendition of the Cebu-Cordova Link Expressway, which is planned to link Mactan Island with Cebu CityThe Cebu-Cordova Link Expressway (CCLEX), an 8.3-kilometer toll road linking Cebu City with Mactan Island through the municipality of Cordova, began construction on Thursday, July 5.The toll ...

by Lorenzo Kyle Subido  | July 06, 2018 03:00:00
News and Events

Fail Fast, Learn Fast: How Micab Scaled Up From Cebu Towards Nationwide Expansion

The Cebu-based cab-hailing startup tried several business models to find out what works with the taxi industry

Kenneth Baylosis is the co-founder of Cebu-based taxi-hailing service MicabIf tech startups are supposed to address a pain point for a sizeable part of the population, then it’s somewhat of a mystery why MiCab, the taxi-hailing company, was founded in Cebu City.Geographically, ...

by Jaymes Shrimski  | June 15, 2018 09:00:00
News and Events

GMR-Megawide’s Grand Vision for Cebu Airport: A Southeast Asian Hub Serving 50-M Passengers a Year

Travelers from the PH and neighboring countries will transit in Mactan on the way to world’s major destinations

At the inauguration of the Mactan-Cebu International Airport (MCIA)’s second passenger terminal on June 7, the builder, GMR-Megawide Cebu Airport Corp. (GMCAC), didn’t just unveil the breathtaking features of facility. More importantly, the joint venture also revealed the true scale of its ...

by Roel Landingin  | June 11, 2018 03:00:00
News and Events

How the New MCIA Terminal Will Help Decongest PH's 2nd Biggest Airport

The MCIA Terminal 2 was a PPP project that almost didn’t push through because of legal challenges

The Department of Transportation (DOTr) has confirmed that Terminal 2 of the Mactan-Cebu International Airport (MCIA) will be completed and inaugurated by June 7, with commercial operations commencing on July 1.Touted as the Philippines’ first “resort airport,” the MCIA Terminal 2 has ...

by Lorenzo Kyle Subido  | June 04, 2018 03:00:00
News and Events

(LOOK) The Making of the Country’s First Resort Airport in Cebu

A visual record of the milestones in the construction of the Mactan-Cebu International Airport Terminal 2

Mactan-Cebu International Airport's Terminal is set to begin commercial operations on July 1Terminal 2 of the Mactan-Cebu International Airport (MCIA), which is touted as the Philippines’ first “resort airport,” will be inaugurated this coming June 7 though commercial operations are scheduled to ...

by Lorenzo Kyle Subido  | June 01, 2018 04:00:00
Startup Tips

From Startup Weekend to Cebu's Streets: How to Turn a Business Pitch to a Sustainable Venture

Advice on leveraging business competitions to build lasting enterprises from the founder of a taxi-hailing startup

Over six years ago, in November 2012, I signed up for Startup Weekend Cebu on a whim, not knowing the competition would change my life as a Filipino entrepreneur. For those unfamiliar with Startup Weekend, it’s a 48-hour competition that involves attendees ...

by Eddie Ybañez  | February 07, 2018 11:00:00
Run & Grow

Reinventing PH’s Notorious Taxi Cabs: A Case for Taxi 2.0

New transport startup founder says re-training and customer reviews of drivers’ performance may work wonders

As a fellow commuter in Metro Manila, I understand the frustration others have with the state of our taxi cabs in the city. To put it bluntly: Some of our drivers may not be the best at customer service. This frustration is ...

by Eddie Ybañez  | January 25, 2018 10:00:00
Business Ideas

How a Defeated Congressional Candidate from Cebu Turned to Entrepreneurship and Built a Property Firm Now Worth Php8.1B

Cebu Landmasters founder Jose Soberano III is now the province’s biggest local property developer

Jose Soberano III is the founder of Cebu Landmasters Inc.When Jose R. Soberano III retired from Ayala Corp. after 23 years of working as project manager at regional subsidiary Cebu Holdings Inc., there was nothing more that he wanted than to serve ...

by Pauline Macaraeg  | January 05, 2018 09:00:00
News and Events

With 13 Completed Projects, Cebu Property Developer Rolls Out IPO

Cebu Landmasters will sell at least 505 million shares at an initial offer price of Php5 apiece

Cebu-based property developer Cebu Landmasters Inc. will be offering its shares to the public from May 19 to May 26 at an initial price of Php5 apiece. It is planning to sell 505 million shares for the initial public offering (IPO) and ...

by Lorenzo Kyle Subido  | May 19, 2017 10:00:00
Run & Grow

Courting millennials: A national business youth summit by the Aboitiz Group shows us how

No talk of forever at this year’s AFLBS, but responsibility and commitment were fully covered

“We don’t want to make it quick. This is not a one night stand. This is a courtship, for a marriage.”I just had to scribble that as quickly as I could, as soon as I heard, the words spoken by Xavier “Txabi” ...

by Jen Balboa  | December 01, 2016 12:00:00
News and Events

PLDT promises better internet services following consumer demand

Telecom’s ‘digital transformation’ continues in light of latest financial, operating results

To take advantage of current consumer trends in the Philippines, PLDT Inc., one of the largest telecommunications companies in the country, reported that it will continue an ongoing upgrade of its internet services and coverage.This, at least, was among the announcements made ...

by Angelo Cantera  | November 18, 2016 11:00:00
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