Properties Listing

Sta. Lucia expands, diversifies portfolio

Trusted developer Sta. Lucia Land Inc. (SLI) is embarking on aggressive land banking activities to fuel its expansion and diversification plans. For this year alone, Sta. Lucia is expected to enter into fresh joint venture agreements and acquire new sites in key areas including Cavite, Laguna, Batangas, Rizal, Baler, Palawan, Iloilo, Cebu, Davao and Silay City in Bacolod. In Metro Man...

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8990 to offer P3B in retail bonds

Mass housing developer 8990 Holdings plans to roll out this third quarter a pioneering P3- billion retail bond offering backed by housing receivables. Separately, 8990 Holding plans to unload via bilateral transactions some P10 billion in housing receivables under its contract to sell (CTS) portfolio this year, P2.5 billion of which had been done earlier in the year. “...

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Resiliency, adaptability to bring Philippines to better state

MANILA, Philippines — The Philippines is in a better place now and the Filipino today is resilient and adaptable, and one who continuously hopes to see his country become a better place.   This, in essence, is how some of the country’s most influential tycoons see the Filipino now and where the country is today. They also believe that in their own unique ways and...

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BIR cracks down on Ong Kin King & Co. Inc.

https://www.sunstar.com.ph/article/1753683/Cebu/Local-News/BIR-cracks-down-on-Ong-Kin-King-Co-Inc   "> Bureau of Internal Revenue (BIR) 13 Director Eduardo Pagulayan said Ong Kin King and Co. Inc. failed to register individually its five warehouses and three restaurants which are located in the cities of Cebu and Mandaue. “What the...

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China-funded Pasig River bridges break ground

MANILA - The two bridges across Pasig River that will be fully funded by China broke ground on Tuesday, with President Rodrigo Duterte and Chinese Ambassador Zhao Jianhua attending the event.  The 734-meter Binondo-Intramuros Bridge will connect the two historic Manila districts of Binondo and Intramuros, while the 506-meter Estrella-Pantaleon bridge will replace the existing bri...

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Inflationary cash under control despite bank reserve cuts, says BSP

The central bank’s moves to tighten monetary policy while reducing the amount of cash banks are required to hold in reserve — seemingly opposing policies implemented almost simultaneously in recent months — had a net result of draining liquidity from the local financial system, the country’s chief bank regulator said. In a speech delivered to bankers last Frida...

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