Authorities raided a steel manufacturing plant inside an industrial estate supervised by the Department of National Defense (DND) in Tagoloan, Misamis Oriental on Saturday, May 16, and discovered 69 undocumented Chinese nationals and one Filipino allegedly working illegally in the facility, DND...
Metro Manila’s office market showed early signs of resilience in the first quarter of 2026 despite lingering geopolitical and economic headwinds, with vacancy rates easing slightly amid steady leasing activity and the absence of new office supply, according to property consultancy Colliers. In...
The ongoing conflict in the Middle East is reshaping the Philippine real estate market by driving up construction, energy, and financing costs while forcing developers and investors to rethink expansion strategies amid heightened global uncertainty, according to property consultancy Cushman &...
The Philippines will soon welcome a new residential landmark designed by Foster + Partners, the globally renowned architecture and design firm behind projects such as the HSBC Building in Hongkong, Apple Park in California and The Gherkin in London. Set to open its doors to homeowners starting the...
Global-Estate Resorts Inc., the tourism and leisure subsidiary of billionaire Andrew Tan’s Megaworld Corp., plans to hand over ₱11 billion worth of residential and commercial projects this year as demand for property outside Metro Manila remains resilient. The firm said in a report to the...
Matet de Leon is at it again. Taking to social media to address controversy surrounding the estate of her late mother, National Artist and Superstar Nora Aunor, that is. The actress has consistently spoken out against speculation linking her and her siblings to an alleged inheritance dispute,...
The Senate is still waiting for the Department of Finance’s (DOF) insight on the bill seeking to extend the period of availment of estate tax amnesty. This, according to the Senate Committee on Ways and Means, the primary committee chaired by Sen. Pia Cayetano that is tasked to oversee...
While delinquent estate taxpayers may avail themselves of installment payments under the amnesty program, the taxman warned that missing due dates will result in the forfeiture of amnesty benefits. “Installment payment may be allowed within two years from the statutory date of its payment without...
The Chamber of Real Estate & Builders’ Associations Inc. (CREBA) is calling for reforms to the government’s socialized housing framework, citing rising costs and structural inefficiencies that it said could undermine the sector. In a statement on Monday, April 20, CREBA flagged the need to...
Award-winning actress Lotlot de Leon has broken her silence on her reported misunderstanding with brother Ian de Leon, contradicting his earlier claim that their siblings were not excluded from plans involving organizations he established in their mother Nora Aunor’s name. The issue came to light...
Philippine banks’ exposure to real estate lending dropped to its lowest level in seven years in the fourth quarter of 2025, as domestic lenders gravitated toward other high-growth sectors while keeping real estate exposure in check. According to the latest data from the Bangko Sentral ng...
GT Capital Holdings Inc., the Ty family’s flagship investment firm, has infused ₱9.16 billion into its wholly owned property subsidiary Federal Land Inc. through the acquisition of a 20-percent stake in the unit’s joint venture (JV) with Nomura Real Estate Development Co. Ltd. (NRE). In a...
