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Dutertes turn anti-chacha rally into Marcos bashing platform
What was projected as a “prayer rally” in Davao City to protest charter change via people’s initiative last Sunday turned into a platform for the Dutertes to attack the Marcos administration, signifying a rift in the Unity tandem......»»
Online shopping for duty-free merchandise launched
Government-owned Duty Free Philippines seeks to increase its revenues this year by double digits by launching an online platform for its products......»»
Multi-hazard platform empowers Filipinos to report disasters in real-time
MapaKalamidad.ph aims to enhance disaster preparedness and response efforts in the Philippines by empowering citizens to share critical information in the face of hazards. .....»»
Government eyes land owned by Chinese drug lords
The government is open to going after billions of pesos worth of privately owned lands acquired by alleged Chinese drug dealers, who reportedly went on a buying spree of real estate properties possibly in hopes of penetrating the country amid the maritime dispute with China......»»
US lends $20 million for housing project
The US government, through its development finance institution, is providing a $20 million loan to real estate investment company Lhoopa Inc. to support an affordable housing project in the Philippines......»»
Eton gears up for expansion
Eton Properties Philippines Inc., the real estate unit of the Lucio Tan Group, is gearing up for expansion to sustain growth in the coming years......»»
All Megaworld buildings, malls now carbon neutral
Megaworld Corp., the real estate giant of tycoon Andrew Tan, has achieved carbon neutrality in all its company-owned office and mall developments across the country......»»
Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»
AGI infusing P2.6 billion to Megaworld
Andrew Tan’s listed holding company Alliance Global Group Inc. is infusing P2.6 billion into its real estate arm Megaworld Corp. to support future business expansions......»»
ALLHC seeks dominance in cold storage space
AyalaLand Logistics Holdings Corp., the industrial parks and real estate logistics arm of Ayala Land Inc., has set its sights on becoming a formidable player in the cold storage space with a sustained double-digit growth eyed for the business over the medium-term......»»
Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
How property prices in Bali have changed and what awaits the market
Over the last year, real estate in Bali has risen in price by 10-20%. However, it is still cheaper than similar resorts in Malaysia, Cambodia, the Philippines and Thailand.Alex Shtefan, founder and owner of the development holding Alex Villas Group, tells us what to e.....»»
How property prices in Bali have changed and what awaits the market
Over the last year, real estate in Bali has risen in price by 10-20%. However, it is still cheaper than similar resorts in Malaysia, Cambodia, the Philippines and Thailand.Alex Shtefan, founder and owner of the development holding Alex Villas Group, tells us what to e.....»»
Philippines realtors set national convention
The National Real Estate Association Inc. and the Department of Human Settlements and Urban Development will convene the country’s top real estate advocates and stakeholders for a two-day national convention on May 16 and 17 at the Ayala Hall of the Makati Sports Club in Salcedo Village, Makati City......»»
List or sell? PLDT weighs options on data centers
Telco-to-tech provider PLDT Inc. is open to the possibility of listing a real estate investment trust in the Philippine Stock Exchange, eyeing to raise fresh capital from its data center business for debt payments......»»
Alveo reservation sales reach record high in Q1
Alveo Land, the brand for upscale properties of real estate developer Ayala Land, is off to a good start this year with record high reservation sales in the first quarte.....»»
JG Summit income triples
Conglomerate JG Summit Holdings Inc. of the Gokongwei family saw a surge in its core profit in the first quarter following strong contributions of its food, real estate and air transport businesses, coupled with the gains realized from its bank merger......»»
SM Prime defers $1 billion IPO of REIT unit
There will be no initial public offering happening this year for the real estate investment trust of Sy-led integrated property developer SM Prime Holdings Inc......»»
OSAPIEA chief bares economic reform initiatives at CREBA meet
With the “whole of government approach” adopted by the administration of President Marcos in improving the business climate, “the Philippines is now open for business,” Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go told real estate industry players during the induction of the new set of officers of the Chamber of Real Estate and Builders’ Associations held recently......»»
GSIS acquires more shares in RCR
State-run pension fund Government Service Insurance System has raised its stake in the real estate investment trust of Gokongwei-led Robinsons Land Corp. over the past two months, bringing it to nearly 8.2 percent......»»