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Dictionary of bank loans

Understanding the jargon of home loans can be confusing, overwhelming and a wee bit frustrating at times. But you don’t have a choice: if you’re bent to make the most out of your loans and savings, you will need to at least make an effort to fully understand these terms commonly used by your bankers and brokers.   This way, you won’t feel che...

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P28B for mass housing projects

https://cebudailynews.inquirer.net/195368/p28b-mass-housing-projects   "> PHirst Park Homes, the mass housing venture of Century Properties Group (CPG) and Mitsubishi Corp., has committed to invest P28 billion to roll out a series of master-planned communities outside Metro Manila in the next five years. This is to bring to the property marke...

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RLC expands in Cebu

Robinsons Land Corp. (RLC) is set to complete early next year its 300-room resort hotel in Mactan, Cebu, under the Dusit Thani hospitality brand, as it continues to beef up its expansive real estate portfolio in the province and city of Cebu. “The five-star resort, which will be the centerpiece of our 10-hectare AmiSa mixed-use complex, will cater to international and domestic t...

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Citrineland targets millennial homeowners

https://www.sunstar.com.ph/article/1764921/Cebu/Business/Citrineland-targets-millennial-homeowners   "> PROXIMITY to the workplace and smart technology are highlights of a residential condominium targeting millennials. The Median, which will have 559 units, is Citrineland’s first vertical development and will soon rise in La Guardi...

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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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