DMCI Homes putting up 2nd leisure project in Benguet
Following the success of the company’s first leisure property in Batangas, Consunji-led DMCI Homes is developing an eco-agri mountain resort condotel in the town of Tuba, Benguet......»»
DMCI Homes earmarks P16 billion for capex in 2024
DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»
DMCI, Marubeni investing P15 billion for property venture
DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»
Benguet town up to Baguio experience haze due to forest, bush fires
Tuba town in Benguet up to Baguio City are experiencing haze as residents have been trying to block the smoke and smell of burning grass and trees due to continued wildfires ravaging different locations within the Philippine Military Academy (PMA) reservation and in Barangay Tabaan in Mt. Sto. Tomas, Tuba, Benguet......»»
DMCI hikes capex to P59 billion this year
The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
DMCI Holdings net income down 20% to P24.9B as revenue drops
DMCI Holdings net income down 20% to P24.9B as revenue drops.....»»
DMCI Holdings posts 20% profit drop in 2023
Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»
Premium Leisure Corp to be voluntarily delisted
The PSE suspended trading in Premium Leisure Corp yesterday after PLC’s parent company, Belle Corp., announced that it would conduct a tender offer for all of PLC’s outstanding common shares “for the purpose of eventually causing the filing of an application for the voluntary delisting of PLC.”.....»»
Bagong Pilipinas Serbisyo Fair heads to Benguet
In a bid to extend vital government services directly to the people of Benguet and surrounding communities, more than 50 agencies are gearing up to converge in La Trinidad for the upcoming Bagong Pilipinas Serbisyo Fair caravan on April 21 to 22, 2024......»»
Sandigan affirms Benguet ex-cashier’s 89-year sentence
The Sandiganbayan has affirmed the conviction of a former cashier of the Benguet provincial government for multiple counts of malversation of public funds over a cash shortage amounting to P4.08 million......»»
P7.2 million dried marijuana seized in Benguet
Dried marijuana leaves worth P7.2 million were recovered in an anti-narcotics operation along Kennon Road in Tuba, Benguet yesterda.....»»
Benguet highway closed due to forest fire
Halsema Highway or the Baguio-Bontoc road in Atok, Benguet was closed to traffic yesterday due to a forest fire......»»
Higher power rates in Baguio, Benguet this month
Electricity bills in this city and Benguet will increase this month......»»
Forest fires rage in Benguet
Firefighters continue to extinguish two forest fires in Itogon, Benguet, the Office of Civil Defense (OCD) reported yesterday......»»
Baguio, Benguet forest fires: Smog alert up
The city health services office has warned the public against the adverse effects of smog from forest fires in this city and parts of Benguet......»»
Public warned vs smog caused by forest, bush fires in Baguio, Benguet
The Baguio City Health Services Office (CHSO) has hoisted an alert against the ill effects of the smog created by the smoke from forest and bush fires occurring in different locations in Baguio City and Benguet province......»»
Benguet now bird flu-free
The Department of Agriculture has declared Benguet cleared of bird flu after the 11 confirmed cases of highly pathogenic avian influenza subtype H5N1 recorded in the province were contained and prevented from spreading......»»
Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations
Trial court convicts officers of Cooperative Bank of Benguet Inc. for BSP violations.....»»
2 die as van falls off cliff in Benguet
Emergency crew retrieved the bodies of two laborers Friday morning after the van they were riding on plunged into a river at Sitio Hydro #2, Tadiangan, Tuba, Benguet......»»