Can I recommend you contacting a friend of mine, Paul, www.cebuexpatservices.com . He's a very good British guy, who knows people at all levels in the BoI, and offers all visa services and advice at very low rates.
Hope nobody minds me advertising for him, but he helped me a lot when we were there. Doesn't matter if your not in Cebu, he'll probably give some free advice over e-mail with the latest regulations.
