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MEZ companies mull hold on expansions

SHOULD the second package of the government’s tax reform program push through, most companies in the Mactan Economic Zone will be holding off expansion plans, a survey conducted by the Mactan Export Processing Zone Chamber of Exporters and Manufacturers (Mepzcem) found. Initial results of the survey dated Aug. 15, which had 96 respondents, showed that 50 percent of companie...

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Prepping for your dream home

Are home loans merely for the chosen few? Top executives enjoying the benefit of higher incomes or the well-heeled crowd basking in luxury afforded by a huge inheritance?   No, not really. Nowadays, financial institutions like Metrobank have made it relatively easier for many hardworking Filipinos to take out a loan—whether a home or automotive loan....

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Belmont Group to employ 500 for theme park project

CEBU, Philippines — Belmont Group expects to hire at least 500 workers as diversifies its business interest by venturing into its first integrated theme park project in Calajoan, Minglanilla, Cebu. Belmont One is a P500 million project, situated in 3.5-hectare property that will host a hotel, restaurants, retail and shopping centers, and a world-class theme park to be called Anj...

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Century Properties to complete P4.5-B office tower in 2019

  As part of its expanding office property footprint, Antonio family-led Century Properties Group Inc. (CPG) expects to complete by September 2019 its single biggest office project yet, the P4.5-billion Century Diamond Tower, which can yield close to a billion pesos in annual revenues. This 35-story Philippine Economic Zone Authority-accredited premium office building i...

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Belmont group to spend P500M for integrated complex in Minglanilla

THE Belmont Group is earmarking P500 million to build Belmont One, an integrated commercial complex located in Minglanilla. It will be the Lim family’s biggest venture in 45 years. With a solid track record in the general hardware business since 1973, the Lims are joining other local investors in putting up infrastructure that will rev up Cebu’s tourism activities as...

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Power firm shows how to go green, save, earn

NET METERING PROGRAM There has been a growing awareness among businesses and even households on the significance of going green in terms of power consumption. While bigger players in the power generation sector have ventured into massive renewable energy projects, the small and medium businesses have also started investing in their own small-scale green energy systems &ndash...

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