CebuDaily News Overview (October 21, 2008)

October 21st, 2008

Cebu Daily News Overview Here are the must read news articles for today, Tuesday, October 21, 2008:

Cebu City leaps from no. 4 to no. 1. CEBU has climbed from fourth to first this year in the list of 50 emerging outsourcing destinations for global companies this year. more >>

Mall owner to buy SRP lot. UNSUCCESSFUL with its planned takeover of the South Road Properties (SRP) last year, SM Prime Holdings Inc. now wants to buy a 20-hectare lot for a mix-use development project. more >>

“Easy-on-the-pocket” hotel opens in Lapu. After 14 years of doing industrial transactions here in Cebu, a Manila based businessman has decided to put up an original brand of hotel in Lapu-Lapu City. more >>

Manila fashion brand hits Cebu; 2nd store eyed. THE Cebu market’s “chic” fashion sense did not escape the attention of a Manila-based local retail brand, which recently expanded its franchise network to the city. more >>

DOT brings H. Kong travel agents to Cebu in bid to boost tourism. THE Department of Tourism (DOT) is determined to get more people from Hong Kong to come to the Philippines and bask in the country’s beaches and other leisure destinations. more >>

Domestic tourism eyed to keep the sector afloat. While majority of international tourists market are adjusting travel plans due to the global economic slump, the Philippines is capitalizing on its domestic traveling market to offset the projected decline of foreign visitors. more >>