Top Philippine billionaire Manuel B. Villar Jr. announced the launch of the next phase of development for the 3,500-hectare megapolis Villar City—his most ambitious and most promising project to date. Real estate magnate Manuel B. Villar inspects a portion of Villar City “One year...
Ayala Land Premier, the premium residential brand of real estate giant Ayala Land Inc., has started the construction of Park Villas, an exclusive residential property in the heart of the Makati Central Business District. L-R) Edwin Anthony N. Magsalansan, Director and Vice President,...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. reported that it has failed to sell its Emerald Bay casino resort project in Cebu to Okada Manila owner Tiger Resort Leisure & Entertainment Inc. (TRLEI). In a disclosure to the Philippine Stock Exchange (PSE), the firm said its...
Century Pacific Food Inc. (CNPF) is increasing its capital expenditure budget to around P4 billion to P5 billion this year from P3 billion to P3.5 billion allotted in 2023 to support its ongoing expansion programs. During the firm’s annual stockholders meeting, CNPF President and CEO Teodoro T....
Century Properties Group Inc. (CPG), through its wholly-owned affordable housing subsidiary PHirst Park Homes, is planning to aggressively launch 35 projects over the next five years as the Philippine housing backlog remains huge. During the CPG annual stockholders’ meeting, PHirst Park President...
The Observatory combines unique Japanese design and masterplanning while taking into account Filipino needs. There’s a lot to envy about Japanese culture, whether it’s their reputed punctuality and courtesy, or the hospitality where everything is provided without being too intrusive. This...
Mitsubishi’s latest model, the all-new XForce is unveiling soon, set to be revealed to the public on July 5 at SM Aura, Taguig. The vehicle will be on public display at the SM Aura Premiere in Taguig from July 5-7. For three days, customers can experience first-hand its exceptional comfort,...
Maynilad Water Services, Inc., the water provider of most cities in Metro Manila, has been granted by the Securities and Exchange Commission (SEC) a permit to sell its P15 billion blue bond offering. This comes after the Philippine Rating Services Corporation granted Maynilad’s blue bonds a PRS...
Global Estate Resort Inc., the leisure property development arm of Megaworld Corporation, reported that it has accumulated enough land for a development pipeline of 10 years. GERI President Monica Salomon During the firm’s annual stockholders’ meeting, GERI President Monica Salomon said “the...
Filinvest Cyberparks Inc. (FCI), the office business arm of Filinvest Land Inc. (FLI), reported that it has won the bid for the lease of office space for the Main Office of the National Bureau of Investigation (NBI). In a move to enhance its workspaces and operations, the NBI will be leasing...
MREIT Inc., the real estate investment trust of Megaworld Corporation is seeking to diversify its portfolio to include retail spaces as part of its aim to expand its assets to one million square meters of gross leasable area by 2030. MREIT President and CEO Kevin L. Tan “We will begin to...
Ayala-led Globe Telecom, in partnership with satellite-direct-to-phone (sat2phone) company Lynk, has launched a live customer pilot program to assess the potential of satellite-direct-to-phone communication services in remote places in the Philippines. Globe and Lynk have partnered to launch a...