ILOILO CITY – Former Finance Secretary Jesus “Jess” Estanislao suggested a gradual implementation of the 300 percent hike in real property tax (RPT) here. “The way it is implemented, I would structure it is that it would not be 300 percent in one year,” Estanislao said. “It could be...
ILOILO CITY — After taking the Iloilo City government to the Supreme Court (SC), the Riverside Group of Companies warned that excessive hike in real property tax (RPT) is destructive to the economy. “It will run Iloilo City’s economy to the ground,” warned Atty. Martin Pison, stockholder...
Housing construction, which sharply slowed in the second quarter and pulled gross domestic product (GDP) growth toward the lower end of the government’s target, will likely recover only if the Bangko Sentral ng Pilipinas (BSP) delivers a jumbo rate cut on Thursday. While the University of Asia...
ILOILO CITY – A petition has been filed before the Supreme Court (SC) questioning the Iloilo City government’s astronomical 300 percent real property tax (RPT) increase that the past and present Treñas administrations are pushing for full implementation by 2026. The Riverside Group of...
ILOILO CITY — After Mayor Raisa Treñas-Chu publicly lashed out, the Philippine Statistics Authority (PSA) in Western Visayas retracted its analysis while blaming the media for alleged wrong reporting on the impact of real property tax (RPT) tax hike on inflation. The PSA-6’s change of tone...
ILOILO CITY—Neophyte Mayor Raisa Treñas-Chu was irked as she defended the 300 percent increase in real property tax (RPT) pushed by her father and predecessor former Mayor Jerry Treñas. Chu was visibly angry on Monday, Aug. 18, when media asked for reaction after the Philippine Statistics...
REAL, Quezon – A 53-year-old woman drowned while swimming under the influence of alcohol in the sea of Purok Kamagong, Barangay Poblacion 61, this town, on Thursday afternoon, Aug. 7. Police identified the victim as Jocelyn, married. Investigation said the victim was drunk and leisurely swam at...
I n 1956, the Philippines and Japan formalized diplomatic relations, transforming a difficult post-war past into a modern partnership built on shared values and resilience. From hardship emerged a lasting bond—one that continues to thrive today. Every July 23, Japan-Philippines Friendship Day...
Makati City Councilor Martin Arenas said on Tuesday, July 29, that the councilors from the majority bloc of the Makati City Council will oppose any attempt by Mayor Nancy Binay to increase Real Property Taxes (RPT) in the city. Arenas made the statement following Binay 's alleged unannounced...
Simply logical, and practically inevitable! That was the phrase running through my mind as I attended the media launch of the Signature Series of SM Residences. As Jessica Sy, SM Prime vice president and head of Design, Innovation, and Strategy, explained, this entry of SM Residences into the...
CEBU CITY – Top Philippine real estate developers are keeping a bright outlook despite rising geopolitical tensions in the Middle East and renewed uncertainty under the Trump administration in the United States. During the recent 2025 Annual Real Estate Summit in Bangkok, Thailand, key developers...
Living in Metro Manila calls for a home that embodies convenience and comfort while maintaining an upscale urban lifestyle. At The Observatory, professionals and young families can thrive in a Japanese-inspired community that exudes stability, independence, and drive to achieve life’s goals....
