VisMin developer Cebu Landmasters Inc. (CLI), in partnership with NTT UD Asia Pte. Ltd. (NTTUDA, the Singaporean subsidiary of the Japanese firm) is investing ₱6 billion for the development of a ₱12-billion, two-tower residential condominium, which will be its entry into the upper-middle-income...
QUEZON CITY, PHILIPPINES – The Department of Environment and Natural Resources - Environmental Management Bureau (DENR-EMB) recognized the conservation efforts of its local affiliate, together with Therma Visayas, Inc. (TVI), in helping protect the Tañon Strait in Cebu. TVI, a subsidiary of...
In an effort to address the rapid increase in demand for electricity in Visayas, Lopez-led Green Core Geothermal Inc. (GCGI) is setting its sights on upgrading its Palinpinon 1 geothermal plant in Negros Oriental. According to GCGI, a subsidiary of Energy Development Corp. (EDC), the proposed...
VisMin property developer Cebu Landmasters Inc. has beefed up its board of directors by adding two more independent members: former Rizal Commercial Banking Corp. (RCBC) president Eugene Acevedo and outgoing president of University of Asia and the Pacific (UA&P) Dr. Winston Conrad B. Padojinog. ...
This July, MR.DIY, one of the country’s fastest-growing and leading home improvement retailers, shines a spotlight on Filipino pride with its “Proudly Made in the Philippines” campaign, offering great deals on locally crafted home and school essentials. With over 800 stores nationwide,...
The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is urging the government to invest in container barge terminals to facilitate a more seamless flow of commodities, which could potentially lower food prices. PCAFI said the project is ideal for underutilized ports situated among the...
The Department of Justice (DOJ) has indicted MFT Group and Foundry Ventures, along with their officers, for the unauthorized solicitation of investments from the public following the case buildup by the Securities and Exchange Commission (SEC). In a resolution dated May 26, state prosecutors found...
SM Offices, the commercial property arm of SM Prime Holdings Inc. (SM Prime), strengthens its regional footprint with the launch of The Core Tower Three in Sta. Rosa, Laguna, its 15th office development outside Metro Manila. “The Core Towers reflects the growing demand for future-ready office...
As part of PropertyGuru Philippines’ awards program, Jean De Castro brings a tech-forward, engineering-led perspective to the table, ensuring that technical excellence and smart construction practices are equally recognized alongside aesthetics. Her role is critical as the property portal...
Sy-led property developer SM Prime Holdings Inc. has launched Signature Series by SM Residences, its new brand focusing on the premium and luxury market, which will be developing 400 hectares of prime land in Mega Manila and Cebu for high and ultra-high-networth individuals. During the launch of...
Top lender BDO Unibank, Inc. of the Sy family, is beefing up its green lending capacity with the planned issuance of Peso-denominated Fixed-Rate Sustainability Bonds worth a minimum of ₱5 billion. “This marks the Bank’s fourth Peso-denominated Sustainability Bond following a ₱55.7 billion...
Del Monte Pacific Limited’s (DMPL) Philippine subsidiary, Del Monte Philippines, Inc. (DMPI), reported strong growth in earnings before interest, taxes, depreciation, and amortization on the back of a jump in domestic and international sales but did not disclose its net income. In a disclosure to...