Hotel living made more homey at the Grand Hyatt Residences TOWERS OF GOLD Artist's perspective of the Grand Hyatt Manila Residences South Tower, Grand Hyatt Manila, and Grand Hyatt Manila Residences; and the Grand Hyatt Manila Facade The extent of the global health crisis is unknown. A bitter truth...
Some 16 local and foreign business groups have strongly urged for the immediate enactment of the proposed Financial Consumer Protection (FCP) Act, which seeks to protect consumers amidst the growing complexity in financial services, especially digital services. In a statement the business group...
Bria Homes, a subsidiary of the Villar Group, has been recognized for developing affordable and sustainable housing projects. The 2021 Real Estate Asia Awards gave BRIA Homes recognition in two categories: "Affordable Housing Developer of the Year" and "Open Space Development of the Year". The 2021...
A measure extending the estate tax amnesty until June 2023 has been signed into law by President Duterte. President Rodrigo Duterte (file photo/Malacañang) The President inked Republic Act No. 11569 allowing a two-year extension of the estate tax amnesty, amending RA 11213 or the Tax Amnesty Act....
The office rental rates in Metro Clark in Pampanga will slightly go down next year amid the expected turnover of 280,000 square meters (sqm) of new spaces, an official from the real estate consultancy firm JLL Philippines said. In a virtual briefing on Tuesday, Ian Perez, director for capital...
Real estate agency Santos Knight Frank is this year's best real estate agency in the Philippines, according to the prestigious Asia Pacific Property Awards. A statement said that Santos Knight Frank won in the Asia Pacific Awards categories of “Best Real Estate Agency (Single Office),” “Best...
Makati is a city best enjoyed from the street: it’s filled with surprises at every corner, with Ayala Avenue providing the soundtrack to your discovery. But for the uninitiated, there is more than one way to experience Makati living—from above. Imagine being able to see the sun rising over lush...
The Court of Tax Appeals (CTA) has denied the belated petition filed by a Cagayan de Oro City resident to stop the Bureau of Internal Revenue (BIR) from auctioning the properties of his deceased uncle to settle estate tax debts of over P1 billion. (Photo from BIR Facebook page) The court's second...
The extension of the amnesty for unpaid real estate taxes for another two years will benefit both the government and the families that are recovering from the economic impacts of the COVID-19 pandemic, Senator Juan Edgardo "Sonny" Angara said on Saturday, May 29. Senator Juan Edgardo 'Sonny' Angara...
The Senate has approved on third and final reading the measure seeking to extend the estate tax amnesty for another two years. With 23 affirmative votes, the Senate approved Senate Bill No. 2208 which seeks to amend Republic Act No. 11213 or the Tax Amnesty Act, which is set to expire on June 15,...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, reported a 21 percent improvement in attributable net income to P300 million in the first quarter of 2021. In a disclosure to the Philippine Stock Exchange,...
Many relatives of coronavirus (COVID-19) victims who died from the disease are asking Congress to pass a legislation that would exempt them from paying estate tax, or at the very least lower the rate. (Photo by Jarl Schmidt / Unsplash) They said it will be another financial hardship if they will...