business

Cebu Pacific outpaces competition in Manila-Sydney route

September 22, 2017

The Philippines’ leading airline, Cebu Pacific (PSE: CEB) reports the highest passenger market share on flights between Manila and Sydney, outperforming key competitors servicing the route. Cebu Pacific is the only low-cost carrier with a direct connection between Manila and Sydney, Australia. Based on data from Australia’s Bureau of Infrastructure, Transport and Regional Economics’ (BITRE), Cebu Pacific captured 44% passenger market share of the Manila-Sydney route during the first five months of 2017. The report also highlighted that Cebu Pacific carried a total of 14,039 passengers, up 33% year-on-year. For the entire month of May 2017, a total of 32,017 passengers flew between Manila and Sydney, 11% higher versus May 2016. This brings the total passenger volume to 175,782, up 12% year-on-year. Meanwhile, CEB’s cargo volume grew 88% between Manila and Sydney, from 505 tons to 950 tons in May 2017 alone, with Cebu Pacific’s cargo services tripling, from 142 tons in May 2016 to 413 tons in May 2017. From January to May 2017, total freight carried reached 4,064 tons; up 54% from the 2,633 tons carried in the same period in 2016, consistent with increasing bilateral trade and investment relationship between the Philippines and Australia. Cebu Pacific captured the bulk of this growth volume, with 43% cargo market share in May 2017 alone, and 46% from January to May 2017. “The statistics shared by Australia BITRE reflects our commitment to offer the Australian market great value, through efficient and safe travel between Sydney and Manila, at year-round lowest fares. We’re thrilled to see steady results as this maintains our position as the key player on the Sydney – Manila route,” said Candice Iyog, Vice President for Marketing and Distribution of Cebu Pacific. “Australia is one of our strongest international performers and we continue to see enormous growth and opportunities in the region. Our increased frequency will allow us to continue to offer Aussie travellers competitive year-round fares, driving tourism to the Philippines,” added Iyog. CEB recently announced increased flight frequency between Manila and Sydney—from its current five times weekly to daily operations beginning December 01, 2017 to January 31, 2018. CEB also offers the most number of seats between Manila and Sydney, Australia. For bookings and inquiries, guests can visit www.cebupacificair.com or call the reservation hotlines (+632) 7020-888 or (+6332)230-8888. The latest seat sales can be found on CEB’s official Twitter (@CebuPacificAir) and Facebook (www.facebook.com/cebupacificair) pages. Guests may also download the Cebu Pacific official mobile app on the App Store and Google Play.

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Maco, Comval proud with their new Negosyo Center

September 22, 2017

Barely days after the first anniversary of the first-established LGU-based Negosyo Center in Compostela, Compostela Valley, the municipality of Maco in the same province also opened their own Negosyo Center on September 18, 2017 adjacent with the Maco Municipal Hall building. The Maco Negosyo Center located in a spanking newly renovated building just behind the municipal building is the fifth Negosyo Center in the province and the first to be established this year. It is now to open to provide services to the local businesses, especially MSMEs. Business registration including DTI Business Name Registration and the LGU Business permit registration are among the frontline services of the Negosyo Center in Maco. Business consultancy, business information services, and entrepreneurship trainings are also regularly provided. The municipal mayor Maco, Dr. Alvera Veronica Rimando, said that the establishment of Maco Negosyo Center is the fruit of the strong partnership of the local government with the Department of Trade and Industry (DTI) for the common desire of strengthening the business sector in the locality. She added that the establishment of Maco Negosyo Center is a clear indication that the business sector is one of the priority sectors of the LGU in its thrusts of attaining the development goals in the municipality. This year also saw the institutionalization of the Business Chamber of Maco after a collaborative effort between LGU Maco, DTI and the provincial government of Comval. Atty. Lucky Siegfred M. Balleque, DTI Compostela Valley Provincial Director, said that the significance of the Negosyo Center in Maco do not end in the establishment of it alone but in the performance of its function in delivering services to the entrepreneurs. Balleque added that while Negosyo Center in Maco is certainly among the most striking Negosyo Center established so far, it could also be the best Negosyo Center if it can sustain operations and perform its function with the best it could be offer. DTI Comval has established 4 LGU-based and 1 DTI-based Negosyo Centers since 2015. After the successful launching of Maco Negosyo Center, another 3 LGU-based NCs are targeted to be established this year in Pantukan, Maragusan, and Laak towns. KimEvangelio/DTI Comval

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SM Foundation’s Kabalikat sa Kabuhayan to train 130 farmers

September 22, 2017

Last September 12, the SM Kabalikat sa Kabuhayan Farmers Training Program was launched in Barangay Balubal, Cagayan de Oro. The project aims to empower farmers through the season-long training on improved and doable agricultural technology. About 130 small scale farmers from neighboring barangays such as Bugo, Puerto, Agusan, Indahag and Balubal will undergo the 12 training sessions to be conducted by Harbest Agribusiness Corporation. SM Foundation has already implemented 153 Kabalikat sa Kabuhayan Farmers Training projects nationwide for the past 10 years. It is a tripartite program funded by SMFI with the support of the City Government of Cagayan de Oro and Department of Agriculture.

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Northern Mindanao corn output recovers in 2Q, palay production up by 36%

September 21, 2017

CAGAYAN DE ORO CITY - Corn production in Northern Mindanao has recovered from the ill-effects of El Niño phenomenon during the second quarter of 2017, the National Economic and Development Authority (NEDA) in the region reported. Corn output during the quarter was recorded at 66,163 metric tons (MT), up by 211.79 percent from the 21,220 MT production in the second quarter of 2016. Engr. Cecilio Y. Clarete, chief economic development specialist of NEDA-X, said the growth was mainly due to sufficient rainfall, more usage of fertilizer, and availability of hybrid and modern open pollinated variety (OPV) seeds. Bukidnon was the biggest corn producer contributing 44,791 MT or 67 percent of the total regional corn production followed by Lanao del Norte sharing 21 percent or 14,150 MT. The value of white corn production for the quarter stood at P227.8 million, up by 34 percent, year-on-year. Despite the 14 percent reduction in the average farm gate, the 55 percent increase in volume was more than enough to raise the value of white corn production The value of yellow corn production, on the other hand, grew by 332 percent to P440.1 million due to the 477 percent growth in production volume. White corn production during the quarter was recorded at 20,745 MT while yellow corn at 45,418 MT. Meanwhile, the volume of palay produced during the same quarter reached 136,331 MT, higher by 36.8 percent from the 99,644 MT recorded in the same quarter last year. All the provinces in the region, except for Camiguin, posted increases in production. Bukidnon and Lanao del Norte were still the top producers contributing 69,546 MT (51%) and 41,893 MT (31%), respectively. Clarete said the increase in Bukidnon’s production was attributable to sufficient irrigation water and rainfall, complemented by the government’s hybrid seeds subsidy. For Lanao del Norte, the growth was mainly due to more plantings in rainfed and upland areas. Seed assistance and usage of fertilizer through the “plant now, pay later” scheme availed by farmers in Lala also contributed to the province’s production growth. (APB/PIA-10)

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Cebu Pacific boosts Davao hub with direct route to Tagbilaran

September 19, 2017

Offers all-in introductory price of Php599 The Philippines’ leading airline, Cebu Pacific (PSE: CEB), continues to grow its domestic network, adding a new route that will directly link Davao City with Tagbilaran, Bohol. Starting October 21, 2017, the carrier’s wholly-owned subsidiary, Cebgo, will begin flying between Davao and Tagbilaran four-times-a-week (Tuesdays, Thursday, Saturdays, and Sundays). The new Davao-Tagbilaran route establishes a seamless connection for both air passenger and cargo service, ultimately benefitting the economies of the greater Davao area and the province of Bohol. “As part of our efforts to improve the overall customer experience for everyJuan, we have been taking to heart the suggestions and feedback from our guests. We’ve looked at the feasibility of the Davao-Tagbilaran route and are optimistic that this new air link will not only answer the clamor from the local communities, but stimulate trade and tourism in both destinations,” said Alexander Lao, President and CEO of Cebgo. To officially launch the beginning of this new route, CEB is offering an introductory, all-in seat sale of PHP599 until September 17, 2017, or while seats last. Travel period is from October 29, 2017 to March 31, 2018. Davao serves as the Cebu Pacific hub in Mindanao, linking the city to more places than any other carrier. From here, Cebu Pacific flies directly to Bacolod, Cagayan de Oro, Cebu, Dumaguete, Iloilo, Manila, Tacloban and Zamboanga; as well as to Singapore. Aside from Davao, CEB also operates flights out of five other strategically placed hubs in the Philippines: Manila, Cebu, Clark, Kalibo, and Iloilo. The airline’s extensive network covers over 100 routes across 26 international and 37 domestic destinations, spanning Asia, Australia, the Middle East, and USA. For bookings and inquiries, guests can visit www.cebupacificair.com or call the reservation hotlines (+632)7020-888 or (+6332)230-8888. The latest seat sales can be found on CEB’s official Twitter (@CebuPacificAir) and Facebook pages.

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2017 Honda Pride Ride Successful

September 19, 2017

Davao City -- The Honda Gen-S sponsored event held on September 9-10,2017 at the Eden Nature Park and Resort at Toril, Davao City. Is a success with the participation of various firms and spectators with the arrival of the participating riders in the Flagship shop, the motorcade registration House Rules and Regulations were properly relayed to the participating teams. Ample preparation such as safety Riding Reminders Orientation, Hand Signals, and the Distribution of Motorcade Jersey, Snacks, Riders kits were conducted. The Motorcade started at Buhangin at 8:30 AM by the Davao Team and Guess Speaker Tomoaki Watanabe, and arrived was greeted by Dancers and Drum Beaters at the Eden Nature Park, The opening day was conducted with Video cooping by the Host Riders. Various topics were discussed, particularly on the Program Flow, and test Ride by HSDC A safety Riding Seminar & Team Building Service of Games have strengthened the participation of the attendees. A Minor Raffle in the evening contributed to the excitement of the participants. The entertainment by comedians and Dancers made the evening filled with humour and laughter. The Singing contest and Honda Got Talent show exhibited the hidden talents of the participants, at the surprise of the spectators. At the Concluding part of the evening was the awarding of winners, both for Riders of the Night and the Team Building/ Games. Also Awarding of club certificates, Club President Testimony, and the Major Raffle were successfully conducted. Local Band Entertainment and Fellowship for the Riders made the concluding event of the Night Significant. During the Second Day, September 10, 2017, the Davao conducted survey to the participants. The distribution of Certificate of participation, Distribution of Gas Allowance and Group Picture followed the event. The Concluding Part was an Open Forum of Honda Club Presidents with Honda Improvement HPI activities, Club Support to Honda Philippines Inc.( HPI) The participants from all over Mindanao was 250 riders, consisting of Joint Association of Riders, such as 2017 Honda Pride Riders or Honda Gen. S Riders, the association of Yamaha Riders, Suzuki Riders and Kawasaki Riders at the initiative of 2017 Honda Gen- S Riders. The Success of the event was attributed to the Host Honda Phil., Inc. ( HPI ), and the team members, I.e., Tin Garcia, Vince Marlili, Ceddie Urmenita and Macky Sacmar, and Paul Baste. (Correspondent Sara C. Castor)

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