Developer to put up another BPO building in Cebu City’s IT Park

The Asian i-Office Properties Inc. (AIO) is constructing a P1.4-billion building at the Asiatown IT Park in Lahug, Cebu City to provide more space for the growing business process outsourcing (BPO), IT and IT-enabled companies.

AIO launched eBloc 2 Tower, a 16-level office building located in the Phase 2 of IT Park. It sits on a 4,383-square- meter lot with a gross floor area of 34,762 square meters.

AIO is a partnership between the Cebu Property Ventures and Development Corp. (CPVDC) and Ayala Land Inc.’s (ALI) Corporate Business Group to address the continuing demand for office spaces.

The eBloc 2 Tower is a sequel to the eBloc Tower is another move of the company to address the demand of the growing BPO and IT industries.

CPVDC president Francis Monera said the construction of the eBloc 2 Tower is another move of the company to address the demand of the growing BPO and IT industries.

”This will further make Cebu a prime investment destination,” Monera said during the launching. CPVDC is the developer of Asiatown IT Park and is a subsidiary of Cebu Holding’s Inc., an Ayala-led company.

ALI president and chief executive Antonino Aquino said the company invested P1.4 billion for the project, which is set to be completed next year.

He added this is part of the P2 billion earmarked for Cebu to fund major developments of the company in its residential, office and retail businesses starting this year.

”We will make sure that best practices will also be implemented here in Cebu,” Aquino said, as he noted ALI’s developments in Makati City and Bonifacio Global City in Luzon.

He said the 7.3 percent economic growth in the first quarter encouraged the firm.

”Of course we will take advantage of the momentum and take full advantage of the growing BOPO industry as it is one of the major growth drivers of the country’s gross domestic product,” Aquino said.

The eBloc 2 Tower, which is envisioned to become a premier location for BPO, IT and ITES business locators, has a gross leasable area of 26,543 square meters.

By Ehda M. Dagooc (The Freeman) Updated June 10, 2010 12:00 AM/ http://www.philstar .com/Article. aspx?articleId= 582963&publicationSubCateg oryId=108

Land Titling in RP now Digital

The Land Registration Authority (LRA) has gone digital through its Land Titling Computerization Project (LTCP).

LRA Deputy Administrator Ronald Ortile said they have already automated 70 Registries of Deeds and are targeting to automate 168 more by May 2011.

The article said they have compiled all the voluminous records in their agency and stored them in digital format under the LTCP to make it more accessible and preserve some of the decades-old land records.

“With the computerized system, land titles are protected from (damage) due to fire, theft, natural disasters and the normal ravages of time using security-tested document imaging technology,” Ortile told the 36th Annual National Directorate Meeting and National Convention of the Geodetic Engineers of the Philippines Inc. at the Teachers Camp here.

The article said the LRA has also introduced security features in every hard copy of a document obtained under the new system to prevent forgery.

He said voluminous documents would be a thing of the past under the LTCP program since the Office of the Register of Deeds is mandated to release the electronic copy of the certificate of land title with the original and physical copy of the document remaining in the custody of the agency.

The article said the LTCP program provides a fast and timely response to queries through user-friendly electronic information access to land title information from the LRA Central Office and all Registry of Deeds offices.

When the system is completely in place, the Article said records could be accessed anywhere.

With the automated system, government programs directly linked to the land titling system are supported and provided with a system of timely detection and identification of fake land titles that will help identify persons responsibly.

The government will also improve its revenue collection under the system, Article said.

The LTCP provides a system of control to prevent overlapping or duplication of titles using modern digital mapping technology to create an accurate updated municipal/cadastral index map.

“It helps in eliminating fraudulent and inaccurate surveys by using modern digital mapping technologies to create accurate Municipal Index Sheets and for updating them with parcel boundaries,” Ortile said By Artemio Dumlao (The Philippine Star)

For your Land Transfer Requirement, see 5 step Guide on title Transfer. 

Cebu: The ultimate island destination

The Province of Cebu, consisting of the Cebu mainland and a whopping 167 surrounding islands, has perennially been in Conde Nast Traveler's top 10 best island destinations in the Asia Pacific region. This distinction is due to the province's many natural wonders, historical landmarks, and beautiful man-made structures. Here are some of the best places to experience these amazing Cebuano treasures:

1. Argao

From a quiet fishing and farming town to an emerging tourist destination, Argao is in the southeastern part of Cebu's province. It prides itself with a heritage tracing back to Spanish and early American influences. Public stone buildings dating centuries back are well preserved. Its main attraction is the town’s richly endowed Rococo-Baroque church, the St. Michael Archangel. The Riverstone Castle, built entirely from the nearby river's stones, is another interesting sight.

2. Badian

Nature’s wealth welcomes visitors to Badian, a municipality in southwestern Cebu. A generally mountainous and hilly town, along its coast, are lines of picturesque white-sand beaches. Badian Island Resort and Spa, found on a small island on the Badian Gulf, is known for its powdery white beach and first-class amenities. Another must-see in Badian is the famed Kawasan Falls. Tourists and locals alike are drawn to this place for its cool deep waters.

3. Bantayan Island

Sparkling blue waters and fine white sand beaches are found on Bantayan Island, northwest off mainland Cebu's tip. Holy Week is when the island gets the most arrivals, thus, being tagged as the Lenten Capital of the Visayas. It is also known for its mouth-watering dried fish and squid, and other fresh seafood.

4. Camotes group of islands

Relatively unspoiled, the group of islands consists of Pajican Island, Poro Island, Ponson Island, and Tulang Island. One of its attractions is the 77-hectare Lake Danao in San Francisco, once awarded as the region's cleanest inland lake. Meanwhile, a century-old church is found in Poro, and the famous Bukilat Cave and Magagay-ay Beach are in Tudela.

5. Carcar City

A city with immense heritage structures dating back to the Spanish Era, a trip down Carcar City is like a trip back to old Cebu, with well-preserved ancestral houses and buildings still lining its streets. Carcar City was also christened as Little Marikina of the Visayas because of its fast-growing shoe industry. Known in Carcar are its native delicacies like ampao, made of sweetened rice crispies, and chicharron. The St. Catherine of Alexandria Church, Theotokos Shrine, and Mainit-Mabugnaw National Park are the places of interest.

6. Dalaguete

Naturally gifted with white sand beaches and lengthy coastlines, crystal blue sea, and marine sanctuaries, a trip to Dalaguete are one of a kind. The beach resorts, along with the coast, offer amenities for different water-based activities. The atmosphere is also perfect for rest and relaxation. Different culinary preferences are also catered to by the numerous restaurants, be it international cuisines, seafood, or local delicacies. Known as Cebu's vegetable basket, one could enjoy a trek on the mountains lined with farms full of all sorts of vegetables.

7. Malapascua Island

With a shoreline comparable to that of Boracay, Malapascua is blessed with numerous dive sites, namely, the Malapascua Island-North Point, Gato Island, Monad Shoal, the Calanggaman Island, Doña Marilyn Wreck, Don Macario Wreck, Chocolate Island, Tapilon Japanese Wreck, and Pioneer Japanese Wreck. The place to get the best view of the horizon is the old lighthouse that served as a watchtower during colonial times. Inland, there are rock formations and a coconut forest.

8. Medellin

A dream town for retirees to settle, Medellin exudes living everyday life like a vacation. It has lush vegetation, a cool sea breeze, and a peaceful community. Set amidst its scenic sugarcane valleys are theme parks, golf clubs, and other joyous treats for local guests and foreign tourists.

9. Moalboal

An ideal place for a getaway trip from the bustling city life, Moalboal boasts of great food, inviting accommodations, scenic beaches, and world-class dive spots, like the Sunken Island. Included in a list of must-sees in Moalboal is the orchid farm famous for its variety of orchid species, the largest orchid farm in Southeast Asia.

10. Sumilon Island

A 24-hectare isle enveloped by crystal blue waters teeming with marine life, Sumilon could very well be Cebu’s best-kept secret, located off the coasts of the southeastern tip of the mainland. The island is the country’s first marine protected area and has been proclaimed a fish sanctuary in 1974. Sumilon is recognized for its white-sand beaches and shifting sandbar, which changes shape depending on the season.

Are you now ready to book your travel to Cebu, Philippines? or you might also consider living in Cebu for good. Discover Cebu, The Best Place to Live in The Philippines.