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Most Asian markets start week on positive note

Most Asian markets rose on Monday as investors grew hopeful that China and the United States will resolve their trade dispute. Wall Street ended last week with gains following a report that top officials from the world’s top two economies will hold talks to resolve a crisis that has seen them hit each other with tariffs on billions of dollars worth of goods with more in the pipe...

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Cebu: Rich market for condo buyers

Trend shows rising purchasing power of Cebuanos — Colliers exec In the midst of the influx of investors and foreign tourists looking for residential spaces in Cebu, local buyers remain to be a good market for developers of prime properties in the province. HT Land Inc., developer of the luxury project Mandani Bay in Mandaue City, has noted that majority of their buyers...

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HT Land Inc. explores condotels for 3rd tower

https://www.sunstar.com.ph/article/1758474/Cebu/Business/HT-Land-Inc-explores-condotels-for-3rd-tower   "> FOLLOWING the fast sales take up of its residential units, HT Land Inc. is exploring the idea of offering condo-hotel units for its third tower. Mandani Bay project director Gilbert Ang yesterday said they plan to make Tower 3 a mix...

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AP Cargo boss: From doctor to janitor to winning businessman

Who would have imagined that the man behind one of the Philippines’ largest logistics companies — AP Cargo — is a medical doctor? More than that, who would have thought that this surgeon had to work as a school janitor abroad before he could build AP Cargo? Dr. Virgilio Villacorte had been a surgeon at the José R. Reyes Memorial Medical Center during...

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Ayala Corp. nets P16.1B

The country’s oldest conglomerate Ayala Corp. grew its net profit in the first semester by 7 percent year-on-year to P16.1 billion driven mostly by its real estate, telecommunications, and power businesses. In the second quarter alone, Ayala recorded a net income of P8.4 billion, up 3 percent year-on-year, mainly driven by Ayala Land and AC Energy, which posted transaction gains...

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