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ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
DSWD warns 4Ps benes anew vs loan sharks, cash card pawning
The Department of Social Welfare and Development (DSWD), through the Pantawid Pamilyang Pilipino Program‘s (4Ps) National Program Management Office (NPMO), reminded all 4Ps beneficiaries to stop engaging with loan sharks or pawning their cash cards. “Nag-iispot check kami during the family development sessions na dapat dala nila [4Ps beneficiaries] ang ATM, dahil bawal yun. They […].....»»
DoubleDragon breaks ground on new Hotel101 in Spain
DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, announced that it has already broken ground on its 680-room Hotel101-Madrid and signed a contract for the hotel’s construction with Ferrovial Construction......»»
Who’s the ponente of this odd Supreme Court ruling?
The Supreme Court First Division issued in November a decision that defies logic. It took away from a developer a prime property in Taguig that the latter had bought and fully paid for way back 1995......»»
Sara reveals she will run in next polls
Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»
Vista Land readies P5 billion preferred share sale
Vista Land & Lifescapes Inc., the listed property developer of the Villar Group, has added BDO Capital and Investment Corp. as one of the underwriters for the company’s P5 billion preferred shares offering this year......»»
SM Prime sets interest rates for peso bonds
Sy-led integrated property developer SM Prime Holdings Inc. has set the interest rates for its peso-denominated bonds to raise at least P20 billion......»»
CLI to develop more high-end projects
Cebu Landmasters Inc. (CLI), a listed property developer focused in the Visayas and Mindanao, intends to develop more high-end residential projects following the success of its 38 Park Avenue development in Cebu......»»
Designing Legacies: Alsons Dev offers forever homes through Nurtura Land and Home
For Alsons Development and Investment Corporation (Alsons Dev), building communities that provide families enduring comfort and satisfaction is the driving force behind Nurtura Land & Home, the property developer’s mid-cost housing brand......»»
DoubleDragon brings Jollibee Group’s multi-brand format to CityMall
DoubleDragon Corp., the listed property developer chaired by Edgar “Injap” Sia II and co-chaired by Tony Tan Caktiong, is bringing the innovative multi-brand format of the Jollibee Group to its network of CityMalls across the country......»»
Rockwell bullish on sustained growth
Lopez-owned property developer Rockwell Land Corp. expects sustained topline improvement over the next five years with new projects and an expanded land bank supporting its projected growth......»»
DoubleDragon equity may exceed P100 billion this year
DoubleDragon Corp., the property developer chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, expects to hit a new milestone this year as it looks to surpass P100 billion in total equity for the first time......»»
SM Prime builds up profit to P10.5 billion
Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls......»»
Megaworld’s Mactan Expo Center Set to be Completed in 2025, Ready for Big International Summits
Taking pride as the country’s largest hotel developer and operator today, property giant Megaworld has started the construction of the P1.5-billion Mactan Expo Center, which is scheduled for completion by next year. This modern state-of-the-art convention facility, which has a seating capacity of almost 3,000 for theater-style set-up, will be Cebu’s first and only standalone […].....»»
Haus Talk nets P243 million in 2023
Listed property developer Haus Talk Inc. saw its earnings jump by 23 percent to P242.6 million last year as revenue expanded by more than half......»»
Filinvest, KMC answer rising demand for co-working spaces
Gotianun–led property developer Filinvest Land Inc. (FLI) is teaming up with global co-working space provider KMC Community Inc. to address rising demand for co-working spaces in the Philippines......»»
DoubleDragon to unveil new Hotel101 projects
DoubleDragon Corp., the property developer owned by Edgar “Injap” Sia II and Tony Tan Caktiong, is set to unleash new hotels under the Hotel101 brand starting this year......»»
SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024
SM Prime Holdings Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a P100 billion investment......»»
Rockwell 2023 income surpasses pre-pandemic level
Lopez-owned property developer Rockwell Land Corp. finished 2023 on a high note with earnings surpassing pre-pandemic level......»»
Vista Land ends 2023 with strong earnings
Vista Land & Lifescapes Inc., the listed property developer of the Villar Group, capped off 2023 on a high note with a 39-percent increase in net income at P10.3 billion......»»