Natitirang Yulo Estate ipamamahagi ng DAR sa 190 magsasaka sa Masbate
MASBATE – Kasunod ng oath-taking ng 190 agrarian reform beneficiaries (ARBs) kabilang ang tatlong (3) dating rebeldeng New People’s Army, nakatakdang ipamahagi ng Department of Agrarian Reform (DAR) ang natitirang 303.0467 ektarya ng Yulo Estate sa lalawigan. Ayon kay Provincial Agrarian Reform Program Officer II Herald Tambal na kamakailan ay nanumpa ang 190 ARB sa […] The post Natitirang Yulo Estate ipamamahagi ng DAR sa 190 magsasaka sa Masbate appeared first on REMATE ONLINE......»»
Magtiyahin, timbog sa pagbebenta ng ‘not for sale’ na binhi ng palay
ECHAGUE, ISABELA – Bumagsak sa kamay ng alagad ng batas ang magtiyahin na nagbebenta ng may tatak na ‘Not For Sale’ na binhi ng palay na ipamamahagi sana sa mga magsasaka bilang subsidy sa isinagawang buy bust operation sa Saint Jude, Brgy San Juan, Brgy San Juan, Echague, Isabela. Sa ipinarating na ulat ni PMaj. […] The post Magtiyahin, timbog sa pagbebenta ng ‘not for sale’ na binhi ng palay appeared first on REMATE ONLINE......»»
Sen. Cynthia Villar pinahihinto ang pagbibigay ng rice import permits
Dahil sobrang bagsak na ang presyo ng palay, inihirit ni Senator Cynthia Villar kay Agriculture Secretary William Dar na ipatigil na sa Bureau of Plant Industry ang pagbibay ng permit para sa pag-aangkat ng bigas. Kasabay nito, sinabi ni Villar na halos P4.6 bilyon ang ipamamahagi sa 1.1 milyon magsasaka sa bansa bilang tulong-pinansiyal dahil […] The post Sen. Cynthia Villar pinahihinto ang pagbibigay ng rice import permits appeared first on Bandera......»»
Balamban to House World’s Pioneering Methanol-Powered Bulk Carrier
The world’s first methanol-fueled bulk carrier will be built in Balamban town in Cebu, where the Philippines’ largest shipbuilding facility, the West Cebu Estate, is celebrating its 30th anniversary. Tsuneishi Heavy Industries President Yasuaki Seto announced that a United States-based company has ordered four bulk carrier ships, which are expected to be delivered before the […].....»»
West Cebu Estate’s 30-Year Milestone Fuels Expansion and Job Creation
Aboitiz InfraCapital Economic Estates, a leading developer of smart and sustainable industrial-anchored developments in the Philippines, is celebrating a significant milestone as it marks the 30th anniversary of West Cebu Estate (WCE). This joint venture between the Aboitiz Group and Tsuneishi Holdings of Japan has evolved into a sprawling 540-hectare industrial-anchored mixed-use Economic Estate, positioning […].....»»
Quakes jolt Batanes, Masbate
Quakes with magnitudes of 5.6 and 5.0 struck Batanes and Masbate, respectively, on Thursday night......»»
DB Schenker signs with ALLHC
Logistics solutions and supply chain management DB Schenker has signed an agreement with AyalaLand Logistics Holdings Corp. to lease the latter’s ready-built facility in ALogis Calamba in Laguna. The logistics company is set to take up 18,000 sqm of space, primarily for contract logistics servicing an automotive company. The area has already been turned over and is expected to commence operations by June 2023. The ceremonial signing with DB Schenker marks both groups’ first partnership together. DB Schenker Contract Logistics director Irma Diaz-Guevara said: “ALogis is viewed by DB Schenker as one of our strategic partners in this market. The Ayala Land brand is synonymous with excellence, quality and reliability, consistent with DB Schenker’s values as a global organization. We are confident that ALogis can build strategic facilities that intend to showcase the quality of operations of DB Schenker in contract logistics.” “ALogis was meant to support and energize businesses like DB Schenker. As we continue to create effective and impactful solutions in real estate and supply chains, respectively, we look forward to a great synergy that benefits communities,” shares ALLHC chief operating officer Patrick Avila. He continued: “We are very thankful to DB Schenker for choosing ALogis as a trusted partner, and we look forward to serving them as one of our valued tenants.” The two companies are united in being the frontrunners in the logistics space, sourcing and providing the ideal facilities to support the growing Philippine economy. Apart from ALogis Calamba, other ALogis sites are located in Biñan, Naic, Porac and Santo Tomas, collectively contributing over 309,000 sqm of leasable industrial space. Expansion is ongoing at ALogis Naic for 11,000 sqm more warehouse leasable area. The post DB Schenker signs with ALLHC appeared first on Daily Tribune......»»
DENR inks MOU on nature-based solutions
Shell Pilipinas Corporation, a local unit of oil giant Royal Dutch Shell, is seeking more integrated carbon and development opportunities in the country to complement its sustainability thrust. The company announced on Thursday that it recently signed a Memorandum of Understanding with the Department of Environment and Natural Resources to kick off a joint identification and development of Nature-Based Solutions or NBS. The deal was signed by Shell Pilipinas President and CEO Lorelie Quiambao-Osial and Environment Secretary Maria Antonio Yulo-Loyzaga. It aims to document processes and activities that they can use as a reference to develop programs, policies, and regulations related to NBS carbon projects. NBS includes activities related to the protection and enhancement of natural ecosystems, such as forests, grasslands, wetlands, and coastal zones. These types of solutions help improve agricultural sustainability to help absorb or prevent the release of greenhouse gases, while also benefiting local communities and enhancing the biodiversity of the area. According to Osial, the partnership demonstrates a “significant moment where different sectors are coming together to make a positive difference.” Meanwhile, Secretary Loyzaga pointed out that the partnership will help the government achieve its climate and disaster-resiliency targets. Shell’s target of becoming a net-zero emission business by 2050 tops off the National Greening Program under Executive Order No. 193 for climate change mitigation and adaptation. The post DENR inks MOU on nature-based solutions appeared first on Daily Tribune......»»
Acuzar: House all-out behind 4PH housing
Housing czar Jose Rizalino Acuzar has assured the public that the House of Representatives intends to bankroll the Marcos administration’s campaign to wipe out the country’s 6.5 million housing backlog. Secretary Acuzar, who heads the Department of Human Settlement and Urban Development, revealed that Speaker Martin Romualdez guaranteed his support for the government’s “Pambansang Pabahay para sa Pilipino program” or 4PH. Acuzar guested in this week’s Straight Talk, Daily Tribune’s digital show, where he laid down the government’s socialized housing program being implemented by DHSUD. “Speaker Romualdez is very supportive of providing interest subsidies. He said he will even file a bill to make 4PH sustainable,” he said. The House gets the first crack at combing through the projects under the Executive Department’s National Expenditures Program, thus it is considered to hold the “power of the purse.” “We are also in constant communication with the Department of Budget and Management for them to release the budget, so that next year, we will have the allocation for the interest subsidy,” he said. Last April, President Ferdinand Marcos Jr. announced that a total of 30,000 units would be built in six sites in Bulacan, namely in San Jose Del Monte City and the municipalities of San Rafael and Pulilan. A total of 1,890 residential vertical housing units to be named Aria Estate Housing Development will be built on a 4.5-hectare land at Heroesville in Barangay Gaya-Gaya, city of San Jose Del Monte. The project will be comprised of nine residential towers and eight-story buildings with commercial areas on the ground floor. Acuzar said all edifices and houses that will be built will be resilient against earthquakes and other natural calamities. He said local government units will play a role in ensuring the units constructed are of high quality in terms of materials used and workmanship. “They (the LGU) are the ones who will make sure that all buildings are strong. The DHSUD cannot check all those construction permits. From there, these LGUs can check if the construction of the buildings is sub-standard or not,” Acuzar said. He also urged the private sector to help the government realize the dream to provide decent homes to underprivileged families. On bringing back war-torn Marawi City to its feet, Acuzar said reconstruction works there are nearly done. He said all sectors of the government were tapped in rebuilding Marawi. “Roads will be handled by the Department of Public Works and Highways, schools are for the Department of Education, and the resident’s health problems, they’re for the Department of Health to handle it. It’s a multi-agency approach,” he added. All concerns about issues on salaries of the Task Force Bangon Marawi had been addressed and resolved, he averred. This March, Task Force Bangon Marawi officer-in-charge and DHSUD assistant secretary Melissa Aradanas said many projects have been achieved and are now enjoyed by the residents. The post Acuzar: House all-out behind 4PH housing appeared first on Daily Tribune......»»
Aboitiz sets P800M West Cebu Estate industrial expansion
BALAMBAN, Cebu — Aboitiz InfraCapital, the infrastructure arm of the Aboitiz Group, is spending P800 million this year to bankroll the 39-hectare industrial expansion of the West Cebu Estate. Rafael Fernandez de Mesa, President of Cebu Industrial Park Developers, Inc. and Head of Aboitiz InfraCapital Economic Estates, said the company will mobilize the budget to kick off the estate’s transformation into a critical economic hub in the region. “Construction is ongoing. This year, we've earmarked about P800 million to develop this and we're now in the process of pinpointing additional investment that we’ll be pouring in over the next few years to develop a commercial district, which will include the neighborhood commercial,” De Mesa said in an interview with reporters on Wednesday. “We're very excited about this ongoing expansion This will diversify our locator mix, which will now include light to medium manufacturing,“ he added. The industrial expansion is part of the first phase of the planned expansion in West Cebu Estate. It is scheduled to be completed by next year. The next phase includes the establishment of the so-called West Cebu Exchange — a commercial complex that will host food outlets, retail shops, basic services, a supermarket, and a transportation hub. AboitizInfra eyes finishing the final phase of the expansion by 2025. The expansion plans, according to the company, will also generate 16,000 new jobs on top of the current 14,000 work population in the area. Formerly West Cebu Industrial Park, the West Cebu Estate, a 540-hectare mixed-use development, is a joint venture between the Aboitiz Group and Tsuneishi Holdings of Japan. It is home to some of the world’s leading maritime companies such as Australia’s Austal Philippines. It also houses the 283-hectare Philippine Economic Zone Authority registered zone tagged as the “Shipbuilding Capital of the Philippines.” The Aboitiz Group and its partners celebrated the 30th anniversary of West Cebu Estate on Wednesday, 25 May. "As we go along our journey of becoming the Philippines' first tech glomerate, we remain committed to expanding and transforming West Cebu Estate, and other economic estates, into future-ready, master-planned developments by leveraging on the synergies and capabilities with the bigger Aboitiz Group,” Cosette V. Canilao, Aboitiz InfraCapital President and Chief Executive Officer, said. The post Aboitiz sets P800M West Cebu Estate industrial expansion appeared first on Daily Tribune......»»
Taiwan teenager, heir to NT$500M estate, found dead
The mother of a teenage heir to a NT$500M (roughly P905M) estate cried foul after he was found dead two hours after getting married to an escrow official supposedly working on the inheritance. The 18-year-old student in Central Taichung City surnamed Lai, was found dead on the ground floor of a 10-story residential building last 4 May, according to the Straits Times. Initial reports said he took his life by jumping off the building. It was the same building where the escrow official, surnamed Hsia, lives. It was found that Lai and Hsia, 26, had been legally married two hours before his death. Same-sex marriage is legal in Taiwan. The mother, surnamed Chen, questioned the circumstances of the death considering that her son stands to acquire a large amount of wealth left by his father who died in late April. Lai has been dubbed in Taiwan media as a “$500M high schooler.” Reports said Lai and Chen were supposed to deposit the father’s cremains to a columbarium on the day Hsia asked Lai to accompany him and deal with portfolio management. In a press conference on 19 May, Chen told reporters she “would never accept” that her son had committed suicide. She said her son is not gay and is an "obedient boy." Lai just obtained a license to drive a motorcycle, according to Chen. She added that her son only met Hsai only twice, the first time at his father’s funeral. Forensic medical expert Kao Ta-cheng, invited by the family to investigate, claimed that Lai could not have died from the fall because of the absence of head or abdominal hemorrhages. “Normally, injuries caused by falling (from a building’s 10th floor) could not be so slight,” Kao was quoted by Taiwan’s CNA News as saying. He suspected Lai was poisoned as evidenced by a bald patch of grass. He added he could have vomited on the spot he was found. The post Taiwan teenager, heir to NT$500M estate, found dead appeared first on Daily Tribune......»»
New York’s landmark ‘Flatiron’ sold — hopefully for real this time
New York's iconic Flatiron Building was auctioned off Tuesday for $161 million to a group of investors led by real estate developer Jeffrey Gural, after the previous bidding's winner failed to complete the transaction, organizers said. The sale of the world-famous skyscraper took place outdoors in lower Manhattan with seven bidders registered and about a hundred people present, Mannion Auctions told AFP. The property -- on a wedge-shaped lot at the intersections of Fifth Avenue, Broadway and 22nd Street -- went to Gural, 80, one of its five current owners, who was the second highest bidder during the highly contested previous auction. On 22 March, little-known bidder Jacob Garlick, founder of the Abraham Trust equity venture fund, obtained rights to the Flatiron with a pricey offer of $190 million but missed a deadline to pony up 10 percent of the money to lock in the purchase. The 121-year-old property -- one of the first skyscrapers in Manhattan, designed by renowned Chicago architect Daniel Burnham -- has been empty since its last tenant left in 2019. Its five owners could not agree on what to do with the building, and a judge ordered its auction. After Garlick pulled out of the deal, the building could have automatically gone to Gural, who had offered $189.5 million in March, but he opted for a new auction to be held. The 22-story triangular edifice completed in 1902 was revolutionary for its time, built on a steel skeleton and clad in limestone and terra cotta with touches of both beaux arts and Renaissance revival architecture. The post New York’s landmark ‘Flatiron’ sold — hopefully for real this time appeared first on Daily Tribune......»»
Bong Go urges gov’t to implement price regulatory measures on agri products
Sen. Bong Go has urged the need for stricter enforcement of the government's initiatives to implement a suggested retail price for onions as a way to protect consumers from unreasonable price increase. In an interview on Tuesday, 23 May, Go expressed concern that prices in some parts of Metro Manila remain high as he called on the Department of Trade and Industry to monitor and enforce standard retail prices. “Nababalitaan natin, meron pong mga as high as PhP200 per kilo d'yan po sa Guadalupe Market sa Makati, sa Marikina sa Mega Q Mart po sa Quezon City. At trabaho po ng ating DTI na icheck talaga ang presyo at kung maaari kasuhan po ang mga lumalabag,” said Go. To address the issue, Go proposed investigating possible hoarding or stockpiling activities that may contribute to the price increase. “Bakit mataas ang presyo? Baka mataas din ang bili nila, 'yung puhunan nila. Bakit mataas? Maaari bang merong naghohoard, meron bang nagtatago ng supply kaya tumataas ang presyo. 'Yun ang dapat silipin,” he said. The senator called upon law enforcement agencies such as the National Bureau of Investigation, the Philippine National Police, and the Bureau of Customs to diligently enforce the law. By cracking down on those who exploit the system, Go said that the rights and welfare of ordinary Filipino citizens can be protected. Go also stressed on 22 May the importance of apprehending and prosecuting those involved in smuggling activities and price manipulation that allow them to sell onions at higher prices. Invoking the Anti-Smuggling Law, he cited the need to impose stricter penalties, including imprisonment, on offenders who exploit the market and violate the established price ceiling. By demanding that individuals involved in onion price manipulation face substantial penalties, he hopes to discourage such exploitative practices and protect consumers' interests. “Yung talagang nangsasamantala, totohanang hulihin, ikulong, kasuhan. ‘Yan po ang pakiusap ko sa gobyerno,” he urged. The Department of Agriculture has implemented on Monday price regulations on wholesale onions. These limits are based on the "cold storage price" and are set at PhP115 per kilogram for red onions and PhP100 per kilogram for white onions. To meet the domestic demand, the DA has also authorized traders to import 22,000 metric tons of onions. Meanwhile, addressing the rising prices of agricultural products and the looming issue of importation, Go emphasized the importance of supporting local farmers and implementing measures to enhance agricultural productivity. “Depende po 'yun kung anong agricultural product na tinutukoy natin katulad ng rice. Hindi pa tayo rice sufficient sa ngayon, ang ating bansa. Mapipilitan talaga tayong mag-import at some point kung hindi, magkakaroon tayo ng rice shortage. Siyempre, ideal po sa akin na huwag tayong mag-import,” said Go. “Unahin muna natin ang mga local farmers. Unahin muna nating suportahan ang mga local farmers: more trainings, technology transfer, more fertilizers, itong mga drought-resistant seeds, irrigation, at kailangan talagang suportahan ng gobyerno ang ating local farmers. Kailangang tumaas po ang productivity rate natin lalo na ang maliliit nating magsasaka,” he added. While acknowledging the necessity of imports in some cases, such as the current rice insufficiency in the country, Go stressed the importance of supporting local farmers as well. He suggested that government purchases, such as those made by the National Food Authority, should prioritize local farmers. “Ang importation, kung kailangan lang po, kung nagkakaroon lang ng shortage para hindi tumaas ang presyo, saka na tayo mag-import,” said Go. “Pero unahin muna nating suportahan ang local farmers, sila po ang may binubuhay na mga kababayan natin. Sila po ang mga isang kahig, isang tuka. Dapat po suportahan natin sila,” he urged. The post Bong Go urges gov’t to implement price regulatory measures on agri products appeared first on Daily Tribune......»»
RLC Residences sees high demand from millennial investors, launches 4th building of Sierra Valley Gardens
Located within the Sierra Valley destination estate along Ortigas Avenue Extension, Sierra Valley Gardens is an investment-worthy condo development due to its accessibility to retail shops and soon-to-rise mall and office buildings within the estate......»»
Yulo begins road to Paris Olympics with Asian tiff in Singapore
World champion gymnast Carlos Yulo will take the first step toward making next year’s Paris Olympics as he sees action in the Asian Championships set June 10-18 in Singapore......»»
Economic recovery, supply pressure to impact PH real estate – JLL
Economic headwinds are still present in the backdrop, but there is some optimism in the market for the remainder of 2023.....»»
AbaCore returns to profitability
Listed holding company AbaCore Capital Holdings Inc. with interests in sectors such as real estate, finance, and tourism, returned to profitability with a net income of P307.6 million in the first quarter of the year......»»
`Money, cash,’ house: Jay-Z, Beyoncé purchase $200M Malibu property
Power couple Jay-Z and Beyoncé bought a mansion considered a masterpiece in architecture, paying a record sum of $200M for a 30,000-square-foot (roughly 2,700 square meters) home in Malibu. TMZ, quoting a real estate source, said it was the most expensive home ever purchased in California. It is also the second highest-priced in all of the United States – next only to a $238M apartment in New York City. The couple, who built an empire on their brand of music both as singers and producers, reportedly cut a good deal for the property which was originally listed as $295M. The home is nestled on a bluff, a steep shoreline slope looking out to the scenic Pacific Ocean in the Paradise Cove area otherwise known as the “Billionaires’ Row.” It was designed by Tadao Ando, a Japanese master architect, who also reportedly designed the house of Kanye West also in Malibu. Originally owned and built by William Bell, one of the biggest art collectors in the world, the home took almost 15 years to build. The network reported that the Malibu mansion is the couple’s second biggest purchase in Los Angeles after acquiring an $88M property in Bel-Air. The post `Money, cash,’ house: Jay-Z, Beyoncé purchase $200M Malibu property appeared first on Daily Tribune......»»
Clark Freeport Zone ready for business
With big-scale events in full swing once, Clark Freeport Zone in Pampanga is ready to host various MICE (Meetings, Incentives, Conferences, and Exhibitions) events with essential infrastructures, from transportation to recreational facilities, already in place to accommodate local and international guests. Supporting Clark Freeport Zone’s business tourism initiatives is Filinvest Mimosa+ Leisure City, the only leisure township in Central Luzon well-equipped with top-notch amenities to ensure personal and business travelers’ stay is as convenient and relaxing as possible. Strategically located at the heart of Clark Freeport Zone, Filinvest Mimosa+ Leisure City is a two-hour drive from Manila via NLEX, SCTEX and TPLEX and a short eight-minute drive from Clark International Airport. Access by sea is possible through the Subic Freeport Zone, while public transportation is available through Mabalacat Regional Bus Terminal. Meanwhile, guests from major cities such as Singapore, Tokyo, Hong Kong, and Seoul can have three- to five-hour direct flights. Additionally, the new state-of-the-art Clark International Airport can accommodate eight million passengers annually and is equipped with the latest technologies to make travel easier. The North-South Commuter Railway, once completed, will also help reduce travel time from Clark to Metro Manila to less than an hour. Award-winning amenities Filinvest Mimosa+ is a leading MICE destination in Central Luzon, providing award-winning amenities catering to various business events. At the heart of the property is Quest Plus Conference Center Clark, which received the 2021 Sports Tourism Awards Hotel of the Year for hosting the PBA & Asian Cup Qualifiers’ bubble in 2020 and 2021. It offers the Magellan Ballroom, a 2022 ASEAN MICE Venues Tourism Awardee that can accommodate up to 550 guests. Aside from the renowned venue, Quest Plus Conference Center Clark also offers 304 rooms and luxurious grand villas, four multiple meeting rooms, and two Hilltop Convention Rooms. Mimosa+ also offers a diverse range of dining and entertainment options for guests. Food enthusiasts can relish the culinary delights of Mequeni Live, Mequeni Lounge and Charley’s Bar. Additionally, they can explore the breathtaking 128-hectare Mimosa Plus Golf Course, recently awarded Best Golf Course in the Philippines at the World Golf Awards 2022. This golf course now boasts two 18-hole courses — the Mountainview, known for its challenging terrain, and the Acacia Lakeview, renowned for its stunning scenery. The newly-furbished Mimosa Plus Golf Course Clubhouse has also added amenities such as the Mimosa Plus Golf simulators to help golfers practice their swing. Afterward, they can proceed to the recently opened Baker J Café, the new go-to café for French cuisine. The ideal destination for large-scale events The outstanding features found within Filinvest Mimosa+ allow guests to enjoy many fitness and recreational activities. They can utilize the property’s vast open spaces by running quickly or biking around Acacia Park, which features tree-lined biking and jogging lanes, a pavilion and seating areas. The enormous green landscapes of Acacia Open Grounds are available for recreational activities, perfect for families and friends. It houses fun and creative installations where some of the biggest cycling and leisure events were held. This includes the Philippine Cycling Festival Fun Ride, the Tri-Factor Duathlon, Titan 77.7 Philippines, and the Clark City Marathon. It also recently hosted The Bull Runner Dream Marathon and the two-day Philippine Cycling Festival 2023, an annual cycling event with more than 3000 participants. Soon, the Mimosa Basketball Court will be transformed into a multi-purpose court that can cater to sports such as Basketball, Volleyball, and Badminton. [caption id="attachment_134421" align="aligncenter" width="525"] Without a doubt, Filinvest Mimosa+ is a vibrant live-work-play township.[/caption] Thriving live-work-play township Complementing this well-balanced nature landscape, Filinvest Mimosa+ offers other developments worth visiting for investment and retail opportunities. The state-of-the-art WorkPlus, which already has four completed buildings and one more underway, offers business spaces conducive to growth and work-life balance. The Crib, a co-living residential area for the contemporary, has two available buildings for leasing and is set to launch two more buildings. There is also the Mimosa+ Retail Strip, a lifestyle and recreational strip that will soon open with various high-end retail and dining options, open for leisure and sports facilities partnerships. For residents looking to relocate to Clark, the Golf Ridge Private Estate, now available for pre-selling, offers an exquisite country-club lifestyle with a picturesque view of the neighboring golf course. Lastly, with the construction in full swing, the Mimosa+ Lifestyle Mall will be the new regional shopping and dining center destination. Moreover, investors and end-users looking to relocate or set up their business in the area can already find foreign investors, including the USA, Japan, Australia and South Korea, as Clark Development Center offers business-friendly terms and incentives. Processing of permits, license registration, and application are made more efficient, with approvals in less than three weeks. Without a doubt, as a vibrant live-work-play township with a host of award-winning amenities, Filinvest Mimosa+ is the destination in Clark Freeport Zone that’s ideal and capable of business tourism and leisure travel with family and friends. The post Clark Freeport Zone ready for business appeared first on Daily Tribune......»»
Disputable right
This is a case involving the estate of spouses Carding and Nita and one of their sons, David......»»
AREIT profit up 27% in Q1
AREIT Inc., the pioneering real estate investment trust of the Ayala Group, grew its first quarter net income to P1.01 billion, up by 27 percent year-on-year......»»