Integrated property developer Vista Land and Lifescapes Inc. is upscaling its massive project portfolio with the launch of 44 masterplanned townships in cities where it already has fully-developed residential subdivisions. “The land value in these areas are already so high that it no longer makes...
A total of 584 individuals out of 954 examinees passed the April 2022 Real Estate Broker Licensure Examination, the Professional Regulation Commission (PRC) announced on Monday, April 18. (PRC / Manila Bulletin) The exam was given by the Board of Real Estate Service in Manila, Baguio, Cagayan de...
Party-list group Bayan Muna has filed a resolution initiating a probe into the P203-billion alleged unpaid estate tax of Marcos heirs, to be led by the House Committee on Good Government and Public Accountability. Members of the group PRIMO ISKO staged a protest rally in front of the Bureau of...
Almost two years and six initial public offerings later, real estate investment trusts (REITs) have proven to be a less volatile investment vehicle and a regular source of dividend income even during a pandemic. Five REITs listed at the Philippine Stock Exchange paid out a total of P5.77 billion in...
Global-Estate Resorts, Inc. (GERI), the tourism estates unit of Megaworld Corporation, reported a 15 percent growth in net income to P1.5 billion last year from the P1.3 billion earned in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its attributable net income rose 21...
Retired Supreme Court Justice Antonio Carpio has disputed the claim that the heirs of the late President Ferdinand Marcos cannot be compelled to pay the now P203-billion unpaid estate tax. Retired Supreme Court Senior Associate Justice Antonio Carpio (1Sambayan/Facebook) "Marcos heirs are liable...
Former Senate President and known Marcos ally Juan Ponce Enrile claims that the P203-billion estate tax issue against the Marcos family is politically-charged especially with Ferdinand “Bongbong” Marcos Jr.'s participation in the Palace race. Former Senate President Juan Ponce Enrile...
Until the end of President Duterte’s term, the current administration will be determined to collect the unpaid estate tax of the heirs of the late former President Ferdinand E. Marcos, the Department of Finance (DOF) said. On the sidelines of the Philippine Economic Briefing on Tuesday, April 5,...
Senator and lawyer Aquilino "Koko" Pimentel III asserted on Tuesday that heirs who have delinquent estate must no longer receive their inheritance. In an ANC interview on Tuesday, Pimentel said it was because "theoretically the entire estate of the person who died would have to be surrendered to...
Presidential candidate Senator Panfilo M. Lacson on Monday, April 4 said he would inhibit himself from any Senate investigation into the unpaid P203-billion estate tax on the Marcos family. "Ako, dahil presidential candidate ‘yung involved sa isyu—sabi ko nga kanina—mag-i-inhibit ako sa...
Presidential aspirants Senators Manny Pacquiao and Panfilo “Ping” Lacson are among the candidates who are vocal in saying they are in favor of banning political dynasties during the Commission on Elections (Comelec) presidential debate held on Sunday night. Pacquiao, however, said that even if...
Senator Aquilino “Koko” Pimentel III has filed a resolution calling for a Senate inquiry into the apparent failure of the Bureau of Internal Revenue (BIR) to collect the estate tax obligation due on the estate of the family of former president Ferdinand Marcos. In filing Senate Resolution No....
