Modern living in the Philippines is set to be reshaped by Federal Land and Nomura Real Estate (FNG), as they introduce Japan-inspired design to their rising developments. FNG, a joint venture between trusted developer Federal Land and Japan’s Nomura Real Estate Development Co., Ltd., integrates...
The Philippine Rural Electric Cooperatives Association (Philreca) has expressed concerns about Senate Bill No. 2888, which could allow Davao Light and Power Company, Inc. (DLPC) to take over the franchise area of the Northern Davao Electric Cooperative, Inc. (Nordeco). In a letter to lawmakers...
As sustainability becomes a priority, building greener cities has emerged as a key focus for developers. Strategies such as energy-efficient buildings and eco-friendly public spaces are helping reduce environmental impact while creating more sustainable and livable urban areas. This push for...
Recognizing the evolving needs of home buyers and investors, the Philippine real estate players have become more strategic, innovative, and customer-focused, transforming the market into a more sophisticated, sustainable, and competitive sector. Following this direction, the property...
The onset of economic reforms and foreign investment in the 1980s spurred commercial and residential property development in the country, marked by increased competition and diversification of the property sector. Single-use property developments have evolved to mix-use properties since the 1990s...
A former finance secretary has called on financial executives to utilize their expertise to ensure national resources are used to improve the lives of Filipinos, citing concerns over recent budget allocations. In a statement, Ramon R. del Rosario, Jr., PHINMA Corp. chairman and chief executive...
Emperador Inc., the liquor unit of tycoon Andrew Tan’s Alliance Global Group Inc., is expanding its premium product portfolio with the acquisition of a majority stake in mezcal manufacturer Destileria Los Danzantes S.A. de C.V. (Los Danzantes). In a disclosure to the Philippine Stock Exchange,...
Engineering and infrastructure conglomerate Megawide Construction Corporation and Maplecrest Group Inc. (MGI), through the joint venture Cavite Rapid Transport Inc., have signed the contract for the P1.87 billion Cavite Bus Rapid Transit System Project (CBRT) with the Provincial Government of...
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...
Citicore Renewable Energy Corp. (CREC) is selling a portion of its shares to PT Pertamina Power Indonesia (PNRE) to fund its renewable energy (RE) projects in the Philippines and Indonesia. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Jan. 31, CREC announced that Citicore Power...
Advancing digital inclusion just makes sense for Secretary Ernesto V. Perez, Director General of the Anti-Red Tape Authority (ARTA). In a developing country such as the Philippines, reliable connectivity can prove life-changing. Indeed, connectivity is no longer an option but an imperative....
BACOLOD CITY – Filipino-Chinese business tycoon Hans T. Sy was warmly welcomed during the 20th Bacolaodiat Festival here on Thursday, Jan. 30. Sy, accompanied by his son Harvey and daughter Hanna Carinna during their visit at the Bacolod City Government Center, was named Honorary Mayor and...
