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Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town
CEBU CITY, Dec. 17 (PNA) — Cebu-based developer Primary Homes Inc. (PHI) is investing PHP430 million to build 709 townhouse units in its 5.4-hectare property in Poblacion, Compostela town in northern Cebu.........»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Sy family invests P5 billion in Megawide affiliate
The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»
Filinvest Invests P16B in Ciudad BTO Project
The development of Ciudad will finally be realized after the Province of Cebu turned over Friday a parcel of the property to homegrown developer Filinvest Land, Inc. (FLI) through a build-transfer-operate (BTO) engagement. Cebu Gov. Gwendolyn Garcia and Tristan Las Marias, FLI president and CEO, formally kicked off the project in simple ceremonies onsite on […].....»»
Agoda Spotlights Three Philippine Havens for Mindful Explorers
As the Philippine government invests more in its Green Economy Model (GEM), digital travel platform Agoda spotlights three destinations that are leading the pack in more conscious tourism. Coron in Palawan, Panglao in Bohol, and Siargao in Surigao del Sur have been prioritized by the Department of Environment and Natural Resources (DENR) for their conservation […].....»»
Creador invests P4 billion into Asialink
Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»
Prime invests in future sustainability leaders with scholarship program
SM Prime Holdings Inc. (SM Prime) has launched a scholarship program in partnership with the University of the Philippines Los Baños (UPLB). Aptly called the “SM Sustainability Scholarship,” the initiative reflects SM Prime's commitment to both educational access and sustainability stewardship......»»
Japan invests $4.8 billion in TSMC plant, emphasizing importance of cutting-edge chips for future industries
Japan has announced plans to provide an additional ¥732 billion in subsidies for Taiwan Semiconductor Manufacturing Co. (TSMC) to expand its plant in the country......»»
EO 59 to accelerate Infrastructure development – NEDA
An executive order streamlining the permitting process for the government’s priority infrastructure projects will support the push for infrastructure development by expediting project implementation, according to the National Economic and Development Authority......»»
President Marcos wants faster permit process for flagship infrastructure projects
To speed up the implementation of major infrastructure projects, President Marcos ordered government agencies and local government units (LGUs) to further simplify the permitting process for these developments to support the country’s continuing economic transformation......»»
Philippines seeks ADB support on infrastructure, digitalization
The Philippines is seeking strengthened support from the Asian Development Bank (ADB) for the country’s infrastructure push, both physical and digital, and in improving the capacities of small businesses......»»
Finish infrastructure projects during dry season – lawmaker
Executive departments and government agencies should take advantage of the hot and dry season to finish their infrastructure projects, House committee on appropriations chair and Ako Bicol party-list Rep. Elizaldy Co said yesterday......»»
Government infrastructure spending scaled up to P121 billion
The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»
SMC lauds Korean infrastructure partners
San Miguel Corp. president and CEO Ramon Ang has recognized the contribution of Korean companies in advancing the listed conglomerate’s major infrastructure projects......»»
Government jacks up infrastructure spending to P1.2 trillion in 2023
The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»
DA forms working teams for infrastructure projects
The Department of Agriculture has formed three teams within the department to oversee the undertaking of infrastructure projects that would boost food production nationwide......»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
Razon unit strengthens exposure in water infrastructure
The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»
Institutionalize space allocation for ICT infrastructure in development projects – think tank
Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»
NEDA approves 23 new priority infrastructure projects
The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»