Cautious trading is expected to prevail at the Philippine stock market this week as investors await developments following the July 9 deadline for United States trade negotiations. “We may see cautious sentiment as global trade uncertainties may take center stage again. This is as the US’ trade...
Cebu Landmasters' One Manresa Place in Manresa Town, Cagayan de Oro City. VisMin developer Cebu Landmasters, Inc. (CLI) is launching ₱36.4 billion worth of projects this year, 1.7 times more than last year’s ₱13.67 billion, as it aims to surpass its record revenues generated in 2024....
VisMin developer Cebu Landmasters Inc. (CLI) is allotting ₱15 billion for capital expenditures (capex) this year to fund the construction of ongoing and upcoming projects, land banking, and its entry into the Luzon market. In an interview, CLI Chief Finance Officer Grant Cheng said,...
VisMin developer Cebu Landmasters Inc. (CLI) has raised ₱5 billion from the issuance of sustainability-linked bonds (SLB) that will be used to build 16,000 affordable homes. In an interview after the listing of the bond at the Philippine Dealing & Exchange Corp. (PDEx), CLI Executive Director...
VisMin developer Cebu Landmasters Inc. is aiming to grow its hotel portfolio by fivefold to almost 2,700 to 3,000 rooms in three years as part of plans to have enough recurring income assets for its planned real estate investment trust (REIT). In an interview, CLI Chairman and CEO Jose Soberano III...
Cebu Landmasters Inc. is raising P10 billion from the capital market this year through the issuance of sustainability-linked bonds in two tranches to fund its entry to the Luzon market as well as capital expenditures for its ongoing projects in Visayas and Mindanao. In a media interview, CLI...
Cebu Landmasters Inc. is marking its emergence as a national player in the property development business with planned investments amounting to P12 billion for two projects in Luzon this year. In a press briefing, CLI Chairman and CEO Jose Soberano III said they will be developing an horizontal...
Cebu 5th district Rep. Vincent Franco "Duke" Frasco (Rep. Frasco's office) House Deputy Speaker Cebu 5th district Rep. Vincent Franco "Duke" Frasco has made the decades-long dream of land ownership for Camotes islands residents come true. This, after...
Leading VisMin developer Cebu Landmasters Inc. (CLI) reported a seven percent improvement in attributable net income to P2.3 billion in the first three quarters of 2024 from the P2.2 billion earned in the same period last year. In an online media briefing from Cebu, CLI Executive Vice President and...
The Department of Trade and Industry (DTI) has issued the Domestic Bidders (DoBid) Certificate of Preference for Cemex Holdings Philippines’ APO Cement and SOLID Cement. Cemex Philippines said the DoBid certification assures consumers and government contractors that APO Cement and SOLID...
President Ferdinand R. Marcos Jr.’s decision to ban Philippine offshore gaming operations (POGOs) may have little impact on most publicly-listed property developers, but it will affect the jobs and sales of businesses supporting the industry. “POGO operations have been reduced since the...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives has approved on second reading a measure that seeks to provide affordable funeral services to poor Filipinos. The measure, House Bill (HB) No.102 or An Act...
