News

BREAKING: AirAsia Philippines is stepping up its Cebu

BREAKING: AirAsia Philippines is stepping up its Cebu hub with new flights launching November 15 from Mactan Cebu International Airport. The airline will connect Cebu to Davao, Caticlan, Iloilo, Kuala Lumpur, and Macau, boosting both domestic and regional links. Executives say this expansion helps ease Manila congestion while opening more affordable choices for Visayas and Mindanao travelers...

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Banks Q2 real estate exposure hits P3.39T, up at 19.6% of total

Banks Q2 real estate exposure hits P3.39T, up at 19.6% of total By Malaya Business News TeamSeptember 15, 2025 Banks and their trust units’ exposure to real estate rose to P3.39 trillion in the second quarter to June 2025, equivalent to 19.61 percent of the banking system’s total loan portfolio excluding interbank loans, the latest central bank data showed. The second-qua...

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PH FORGES EXPANDED TOURISM TIES WITH QATAR

With the renewal of the Memorandum of Understanding (MOU) between The Philippines and State of Qatar, the two nations aim to strengthen their cooperation, particularly in the aspects of mutual development and growth of tourism and business events. Department of Tourism (DOT) Secretary Christina Garcia Frasco and State Minister for Foreign Affairs of the State of Qatar, H.E. Mr. Soltan bin Saad...

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SC: Written Donation a Must for Subdivision Land Transfer to LGU

The #SupremeCourtPH (SC) has reiterated that the donation of subdivision land to a local government unit (LGU) must be in writing and acceptance must be in the same deed or a separate instrument for ownership to be transferred. In a Decision written by Associate Justice Jhosep Y. Lopez, the SC’s Second Division ruled that the Quezon City (QC) LGU failed to establish that the open spaces a...

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Raw Land Scams & “Yuta Data‑Data” Schemes in the Philippines

Raw Land Scams & “Yuta Data‑Data” Schemes in the Philippines By: Realtor Samuel Lao Buying land is a large investment—and increasingly —a fraud target. Unsuspecting buyers have fallen for scams involving raw, untitled land and informal installment schemes colloquially known as **“yuta data‑data.”** Recent Scam Cases Davao City (March 2025): The...

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How to Sell Your Property Fast in Cebu’s Competitive Market (2025 Guide)

How to Sell Your Property Fast in Cebu’s Competitive Market (2025 Guide) By Realtor Samuel Lao With Cebu’s real estate market continuing to grow, buyers have more choices than ever—especially in key areas like Mandaue, Lapu-Lapu, Talisay, and Consolacion. If you’re a property owner looking to sell, speed and strategy matter. In 2025, it’s no longer enough to...

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