Colon, crowded and a bit run-down now, was the site of fashionable shops, offices, and movie houses. It was once the heart of Cebu City's shopping and business activity, but in recent years (specifically during the early 1990s), much of this activity has shifted inland to the more modern, bigger and diverse commercial and business districts now spread in almost all of the urban areas of the city in what was considered residential and leisure settlements.[1]
source: Wikipedia
photo: Philippine tour guide