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Century Properties net profit surges 72% to P1.1B
Century Properties Group reported a 72 percent surge in net income to P1.1 billion last year from P650 million in 2017, driven by its in-city vertical developments business and expansion to affordable housing and commercial leasing.
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PHirst Park to launch P2.7-B housing project
PHirst Park Homes, Inc. (PPHI) – the joint venture between Century Properties Group Inc. and Mitsubishi Corporation – is set to launch a P2.7 billion mass housing project in San Pablo Laguna.
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DMCI Homes to launch P104-B projects
DMCI Homes, a subsidiary of Diversified engineering firm DMCI Holdings, is launching 10 real estate projects worth P104 billion this year, a 271 percent increase from P28 billion in 2018.
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BOP still in surplus in February
The country’s balance of payments (BOP) surplus increased to $3.170 billion as of end-February, reversing the previous year’s $961 million shortfall.
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FVR did us proud
It seems ages ago when I first set foot at the office of the International Monetary Fund (IMF) in Washington. I walked along its corridors with stooped shoulders and head bowed. I was embarrassed for my country. There were riots on the streets. Student activists were missing and were rumored to have been killed. Government was in debt and was on its knees begging the IMF for a bailout.
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MWSS thumbs down Kaliwa Dam dev’t offer by Japanese
The proposal of Osaka-based Global Utility Development Corporation Ltd. (GUDC) to build an alternative dam to the controversial Kaliwa Dam will no longer be considered by this administration, a top official of the Metropolitan Waterworks and Sewerage System (MWSS) said.
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Dominguez sees ‘much room’ for PH-China economic relations
Finance Secretary Carlos G. Dominguez III said there is more room to boost the trade and tourism cooperation between the Philippines and China as the Duterte administration pushes its infrastructure flagship projects under the “Build, Build, Build” program.
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Black box data find similarities in Ethiopian and Lion Air crashes
Similarities between the Lion Air and Ethiopian Airlines crashes, confirmed by black box data, have focused attention on an anti-stalling system used in the new Boeing 737 MAX 8 aircraft.
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ICTSI upgrades Port of Lae, PNG unit ahead of schedule
South Pacific International Container Terminal (SPICT), a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Lae, Papua New Guinea, recently took delivery of three new hybrid rubber-tired gantries (RTGs) ahead of schedule.