Amid flood control mess, Cebu economy strong, Recto says By: Morexette Marie B. Erram - CDN Digital Senior Multimedia Reporter|September 19,2025 - 07:02 PM Finance Secretary Ralph Recto reports Cebu’s economic outlook during the BSP’s Philippine Economic Briefing held in a hotel in North Reclamation Area (NRA) in Cebu City on September 18, 2025. | Photo from Departm...
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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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What Exactly Is a Pre-Selling Property? (And Why Smart Buyers Choose It Early) When you hear developers or brokers talk about “pre-selling,” it simply means the property is being sold before it is completed — sometimes while still under construction, or even at the blueprint stage. Why do developers do this? It helps them fund the project while giving early buyers the...
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Pag-IBIG Fund is set to offer a special 4.5 percent housing loan rate to qualified members seeking to purchase house-and-lot packages worth up to P1.8 million, as part of the Marcos Administration’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program. The promotional rate is expected to be available starting in October, as the agency joins the nationwide celebration of National Shelte...
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Republic Act No. 12001: Real Property Valuation & Assessment Reform Act (RPVARA) For everybody’s information The Philippine government has passed Republic Act (R.A.) No. 12001, also known as the Real Property Valuation and Assessment Reform Act (RPVARA). This landmark law was enacted in June 2024 and became effective on July 5, 2024. One of the key provisions of this law is th...
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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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