CEBU CITY, Philippines — The Cebu City Council is seeking a review of the financial terms of the Carbon Public Market joint venture agreement (JVA) between the Cebu City Government and Megawide Construction Corporation following concerns raised by the Commission on Audit (COA). The move came after Councilor Sisinio Andales urged the council to examine whether the agreement provides a fair financial return to the city, given Carbon Market’s revenue performance and the terms of the deal. “It is now time to call the members of the 17th Sangguniang Panlungsod to rise and take into consideration that the city government […]...Keep on reading: Cebu City Council seeks review of Carbon JVA's financial value