Cebu Business News

03/08/2026

🐷 Cebu's biggest lechon celebration returns this August!

The 10th Cebu Lechon Festival will take place at The Mactan Newtown in Lapu-Lapu City from August 6 to 31, bringing together some of Cebu's finest lechon makers, chefs, and culinary talents for a month-long showcase of the province's most iconic dish.

Highlights include:

✅ Great Cebu Lechon Market featuring 10 Cebu cities and municipalities
✅ Cebu's Best Lechonero competition
✅ Sugbuanon Paksiw Wars
✅ Lechon Chef Cook-Off
✅ Culinary Showdown
✅ Lechon Eating Competition
✅ Month-long food fair featuring local delicacies

Beyond the festivities, the festival shines a spotlight on the local lechon industry, celebrating the hometown recipes, craftsmanship, and traditions that have made Cebu lechon world-renowned while supporting food tourism across the province.

📍 The Mactan Newtown, Lapu-Lapu City
📅 August 6–31, 2026

22/07/2026

Cebu to host Visayas’ biggest franchise expo as PFA targets entrepreneurs, investors

More than 60 franchise brands and business suppliers will gather in Cebu next week as the Philippine Franchise Association (PFA) stages its largest regional franchise exhibition, aiming to encourage more entrepreneurs and investors in the Visayas.

The Franchise Negosyo Visayas Expo will be held from July 31 to Aug. 1 at the Mountain Wing Atrium of SM Seaside City Cebu, bringing together franchisors, business service providers and aspiring business owners in a free two-day event.

Organizers said the expo will showcase franchise opportunities across food, retail, services and other industries, while providing visitors with direct access to franchisors and suppliers needed to establish and operate a business.

“Franchising remains one of the most accessible and proven pathways to business ownership, and through Franchise Negosyo Visayas Expo, we hope to open more doors for Filipinos who dream of building their own enterprise,” PFA President Steve Benitez said.

12/06/2026

Housing project delays could make the Philippines' housing shortage even worse.

A property industry group is urging the Department of Human Settlements and Urban Development (DHSUD) to speed up approvals for new housing projects, warning that prolonged permit delays are slowing new developments and limiting choices for homebuyers.

The group said the bottlenecks could hit overseas Filipino workers and first-time buyers the hardest, while further tightening housing supply and pushing up prices.

The Philippines already faces a housing backlog of more than 6 million units, a figure that could more than double by 2040 without increased housing production.

Full story in comment.

10/06/2026

US$ - PH₱ exchange rate as of June 10, 2026 from Bangko Sentral ng Pilipinas.

10/06/2026

Cebu's creative industry continues to grow.

dotTV Studios has unveiled "Higans Tols the Wind," a new Cebuano fantasy series starring veteran comedian and actor Bonel Balingit.

The family-friendly adventure follows a towering giant and his small but courageous companions on an extraordinary journey.

Created by Juniño Padilla and directed by Sam Costanilla, VF, the series is another original production from dotTV, which is recognized as the first digital television network outside Metro Manila.

The show will air on dotTV Channel 107 on Cignal, bringing Cebuano-made entertainment to viewers across the country and highlighting the region's growing creative and media industry.

With local talent, original storytelling, and nationwide distribution, "Higans Tols the Wind" showcases Cebu's potential as a hub for quality content production.

20/04/2026

The Cebu Chamber of Commerce and Industry (CCCI) has facilitated the turnover of 30 intermediate bulk container (IBC) tanks from Carmen Copper Corporation to the Mandaue City government, in a move aimed at strengthening water resilience at the community level.

The tanks, designed to serve as rainwater catchment systems, will be distributed across Mandaue’s 27 barangays to improve water capture, storage and collection. The initiative is intended to help reduce surface runoff during heavy rains, support water reuse for community purposes, and promote decentralized flood management.

The Cebu Chamber of Commerce and Industry (CCCI) has facilitated the turnover of 30 intermediate bulk container (IBC) tanks from Carmen Copper Corporation to the Mandaue City government, in a move aimed at strengthening water resilience at the community level. The tanks, designed to serve as rainwat...

20/04/2026

Cebu-based furniture and interiors maker Mesa Well Philippines is stepping up efforts to win more domestic buyers with the launch of its first experiential sample suite in Cebu, as it looks to grow beyond a business long anchored on exports.

The company said it wants to raise the local market’s share of its sales from about 5% currently, with around 95% of its business still tied to the United States, where its products are sold through a US-based parent and distribution network.

Cebu-based furniture and interiors maker Mesa Well Philippines is stepping up efforts to win more domestic buyers with the launch of its first experiential sample suite in Cebu, as it looks to grow beyond a business long anchored on exports. The company said it wants to raise the local market’s sh...

30/03/2026

Aboitiz InfraCapital opens desalination plant in Cebu to boost water supply

30/03/2026

Aboitiz InfraCapital said it has expanded its water business with the inauguration of a desalination facility in Lapu-Lapu City, Cebu, as the Philippine infrastructure group moves to strengthen water supply in a fast-growing urban and industrial hub.

The MEZ2 desalination facility, located in Mactan Economic Zone 2, has a rated capacity of 5 million liters per day and treats brackish lagoon water into potable supply using reverse osmosis and advanced filtration systems, the company said.

The project adds desalination to Aboitiz InfraCapital Water’s portfolio, which now totals about 320 million liters per day.

Aboitiz InfraCapital said it has expanded its water business with the inauguration of a desalination facility in Lapu-Lapu City, Cebu, as the Philippine infrastructure group moves to strengthen water supply in a fast-growing urban and industrial hub. The MEZ2 desalination facility, located in Mactan...

02/03/2026

The Cebu Chamber of Commerce and Industry (CCCI) said it has elected Regan Rex T. King as its 52nd president, tapping a long-time chamber officer and business executive to lead the group as Cebu’s private sector navigates a more competitive operating environment.

In a statement, the chamber said King brings decades of management experience spanning transportation, automotive, logistics, insurance and security services.

The Cebu Chamber of Commerce and Industry (CCCI) said it has elected Regan Rex T. King as its 52nd president, tapping a long-time chamber officer and business executive to lead the group as Cebu’s private sector navigates a more competitive operating environment. In a statement, the chamber said K...