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Alternergy reallocates IPO proceeds to Tanay and Alabat projects
Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»
Mandaue drug bust: P476,000 ‘shabu’ seized from HVI
CEBU CITY, Philippines — Authorities seized suspected shabu worth at least P476,000 from a 45-year-old man described as a high-value individual during an anti-illegal drugs operation in Mandaue City early on Wednesday morning, March 27, 2024. The operation took place along Realty Road in the North Reclamation Area in Barangay Subangdaku, Mandaue City, Cebu. The.....»»
DMW to recruit 100 caregivers for South Korea
The Department of Migrant Workers (DMW) on Friday announced the launch of a pilot project that aims to recruit 100 caregivers to work in South Korea......»»
BCDA sets transfer of PAF facilities to New Clark City
The Bases Conversion and Development Authority is moving forward with the P4.24 billion project to transfer the Philippine Air Force housing facilities from the Air Force City in Clark Freeport Zone to an 85-hectare property in New Clark City......»»
Mandtra Residences Showroom Opens In Mandaue City
Cebu Landmasters Inc. (CLI) and Cebu Homegrown Developers Inc. opened Mandtra Residences’ showroom in Casuntingan, Mandaue City. Elegantly designed with an urban tropical style, the high-ceiling showroom includes outdoor and indoor lobbies, a reception area, a meeting room, sales office, a bare studio type unit, and fully-furnished studio and one-bedroom units. CLI Chairman and Chief.....»»
CLI secures PCC approval for JV with Singapore builder
Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»
Rama backs P246-billion mega project in SRP
CEBU CITY, Philippines – Cebu City Mayor Michael Rama has backed the proposed P246 billion mega project in the South Road Properties (SRP). He stated, “If this aligns with principles of fairness and correctness, why not?” READ: P200B mega project will soon rise in SRP if … Rama also expressed his support for the proposed.....»»
P200B mega project will soon rise in SRP if …
CEBU CITY, Philippines – A “mega infrastructure project” worth over P200 billion is set to transform the landscape of the South Road Properties (SRP) in Cebu City. This is if a project of a private corporation that it proposed to the city government will be approved. READ: ‘Rotonda’ soon to be constructed along SRP.....»»
Quick look at the week ahead
Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»
CLI allots higher capex, partners with Japan firm
Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»
A quick look at the week ahead
This week is scheduled to be a quiet one on the PSE, with only the event of note being the Cebu Landmasters FOO offer kickoff on Tuesday......»»
SEC clears CLI’s preferred shares offer
The Securities and Exchange Commission (SEC) has cleared the planned public offering of up to P5 billion worth of preferred shares by Cebu Landmasters Inc. (CLI)......»»
Cebu Landmasters shareholders approve FOO plan
CLI’s application to conduct the FOO is still pending with the SEC......»»
CLI approves issuance of P5 billion preferred shares
Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»
Netizens want Cebu BRT construction to proceed: ‘Ipadayun na’
CEBU CITY, Philippines — The fate of the long controversial Cebu Bus Rapid Transit or Cebu BRT project faces yet another crossroads after local politicians argue over the possible repercussions of its continued construction. The transportation project aims to create a bus express lane within Cebu City, with its first phase in continuous operations for.....»»
SMC to start Bulacan airport development in 2025
Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»
2 Navy pilots killed in Cavite helicopter crash
Two Philippine Navy pilots died when their military training helicopter crashed at the Draga reclamation area, which is near the Cavite City public market, early yesterday morning......»»
Lab Notes | Rosario’s black sand: That which we call home
Juan is just one out of many fisherfolk unable to make a living from the sight that greets them in the morning and lulls them at night. When reclamation started in Manila Bay and in Bulacan Aerotropolis, it meant finding source material for dumping, and there is no need to look farther than Cavite whose coasts are rich in black sand. High in iron content, the black sand can be used for concrete and asphalt production—a vital ingredient for built infrastructure. The post Lab Notes | Rosario’s black sand: That which we call home appeared first on Bulatlat......»»
Magis Eagles now in Manila to start NBTC campaign
CEBU CITY, Philippines — Cebu’s Sacred Heart School-Ateneo de Cebu (SHS-AdC) Magis Eagles will start their redemption journey in the National Basketball Training Center (NBTC) National Finals on Monday, March 18, at the SM Mall of Asia Arena. The Magis Eagles are now in Manila to redeem themselves following last year’s classic double-overtime loss, 90-91,.....»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»