(Part 1) Next to food security, the most serious challenge to the present Administration in the economic realm is to provide decent housing to the lowest income groups among our more than 22 million households. I am proud of the fact that the private research group, the Center for Research and Communication (CRC), to which I have belonged since 1967, has been one of the most active in helpin...
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Century Properties Group (CPG) of the Antonio family is developing a ₱2.7 billion residential project and P215 million waterpark as part of the second phase of its Azure North Estate in San Fernando, Pampanga. In a disclosure to the Philippine Stock Exchange, the firm said it is strengthening its presence outside Metro Manila with the launch of the new mid-rise residential development. Build...
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LISTED PROPERTY developer Megaworld Corp. saw its attributable net income for 2024 rise by 11.7% to P21.67 billion, driven by revenue growth from the company’s residential business. “Moving forward, we will set our eyes on more innovations as well as on how we can collaborate to further innovate, but still keeping our commitment to care for our people and our communities,” Meg...
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A PROJECT developer in Cebu is facing legal action and penalties for allegedly developing and selling lots on Olango Island, Lapu-Lapu City, without the necessary permits. The Department of Human Settlements and Urban Development (DHSUD) 7 ordered Rise 23 Properties and Development Corp. to pay a total of P450,000 in penalties for selling 75 lots in Barangay Baring, Olango Island, without the n...
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The overall goal, Environment Secretary Toni Yulo-Loyzaga says, is to reforest these lands MANILA, Philippines – The Philippine government is set to open 1.2 million hectares of forest land for private investment and reforestation, after the Department of Environment and Natural Resources (DENR) releases data on these lands in the first quarter of 2025. “The D...
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FILRT sees 13.3% rise in new leases FILINVEST REIT CORP. (FILRT) saw a 13.3% increase in new leases for the first nine months of 2024 compared to the full year of 2023, the company said on Wednesday. The increase was led by new lease accounts and expansions of multinational companies within the Northgate Cyberzone development in Muntinlupa, FILRT said in a regulatory filing. &ld...
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