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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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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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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Cebu province is ‘P6 billion richer’ after turnover of Filinvest towers By: Morexette Marie B. Erram - Senior Multimedia Reporter - CDN Digital|September 05,2025 - 12:29 PM Cebu Governor Pamela “Pam” Baricuatro (3rd from left) leads the turnover ceremony of Towers 3 and 4 of the Filinvest Cyberzone to Capitol. | Morexette Marie Erram CEBU CI...
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The 100-10-20-70 Abundance Formula: Fund Your Future—and a Real-Estate Side Hustle By: Realtor Samuel Ortega Lao What if you could grow your income, give generously, and still build assets—without feeling “kulpit” about spending? That’s the promise of Bo Sanchez’s Abundance Formula: Earn 100% → Give 10% → Invest 20% → Live on 70%. Below i...
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Top 10 Deal Breakers in Closing Resale Properties (Philippines) By: Realtor Samuel O. Lao 1. Incomplete or Problematic Property Title Missing titles, errors in names, annotations of liens, adverse claims, or pending cases can delay or cancel a sale entirely. 2. Unsettled Real Property Taxes (RPT) or Estate Tax Many resale properties have unpaid real estate taxes or estate taxes (if...
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