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  3. June

June 2017

DOTr identifies 5 of 17 stations of Mla-Clark railway project

DOTr identifies 5 of 17 stations of Mla-Clark railway project

By Louella Desiderio (The Philippine Star) Updated June 26, 2017 – 12:00am http://www.philstar.com/business/2017/06/26/1713530/dotr-identifies-5-17-stations-mla-clark-railway-project MANILA, Philippines – The Department of Transportation (DOTr) is set to mark today five of the 17 stations of the P255 billion Manila-Clark Railway Project which would connect Manila to Central Luzon. The five stations to be marked are Marilao and Meycauayan […]

  • by Land Asia Listings
  • June 30, 2017
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Metro Pacific files P25-billion project linking Cavite, Tagaytay and Batangas

Metro Pacific files P25-billion project linking Cavite, Tagaytay and Batangas

By Imee Charlee C. Delavin Posted on June 27, 2017 http://www.bworldonline.com/content.php?section=Corporate&title=metro-pacific-files-p25-billion-project-linking-cavite-tagaytay-and-batangas&id=147343 INFRASTRUCTURE conglomerate Metro Pacific Investments Corp. (MPIC) has submitted to the government a P25-billion unsolicited proposal to build an expressway connecting Cavite, Tagaytay and Batangas. “We have an alignment proposal to the DPWH (Department of Public Works and Highways). It’s called the Cavite-Tagaytay-Batangas Expressway, […]

  • by Land Asia Listings
  • June 30, 2017
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Silver lining for office space

Silver lining for office space

By: Amy R. Remo Philippine Daily Inquirer 01:04 AM June 24, 2017 http://business.inquirer.net/231987/silver-lining-office-space Political uncertainty has also raised concerns that the growth in the outsourcing and offshoring sector will likely be impeded. There are a few developments in the political arena that seem to worry some real estate developers, along with the rest of the local […]

  • by Land Asia Listings
  • June 30, 2017
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BIR slashes real property taxes of IPP plants

BIR slashes real property taxes of IPP plants

By Catherine Talavera (The Philippine Star) Updated June 24, 2017 – 12:00am http://www.philstar.com/business/2017/06/24/1712973/bir-slashes-real-property-taxes-ipp-plants MANILA, Philippines –  The government has trimmed real property taxes of facilities of Independent Power Producers (IPPs) under build-operate-transfer contracts with government-owned or controlled corporations. Under Executive Order No. 19 issued by Malacañang, all liabilities for real property tax for  2015 and […]

  • by Land Asia Listings
  • June 30, 2017
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Creba hails cut in home loan rate to 3%

Creba hails cut in home loan rate to 3%

(The Philippine Star) Updated June 25, 2017 – 12:00am http://www.philstar.com/business/2017/06/25/1713312/creba-hails-cut-home-loan-rate-3 MANILA, Philippines – The country’s largest organization of key real estate and housing industry players lauded the recent move of the Home Development Mutual Fund, more popularly known as Pag-IBIG Fund, to lower housing loan interest rate to three percent for minimum wage earners, saying […]

  • by Land Asia Listings
  • June 30, 2017
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Developers’ group seeks changes to RESA Law

Developers’ group seeks changes to RESA Law

Philippine Daily Inquirer 01:03 AM June 24, 2017 http://business.inquirer.net/231985/developers-group-seeks-changes-resa-law The largest organization of developers and stakeholders in the real estate industry has sought for the amendment of key provisions of the Real Estate Service Act, more commonly known as the Resa Law. In an appeal to lawmakers, the Chamber of Real Estate and Builders’ Associations Inc. […]

  • by Land Asia Listings
  • June 30, 2017
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Freeport zone along Davao Gulf proposed

Freeport zone along Davao Gulf proposed

By Carmencita A. Carillo Posted on June 26, 2017 http://www.bworldonline.com/content.php?section=Economy&title=Freeport-zone-along-Davao-Gulf-proposed&id=147287 DAVAO CITY — The Davao Gulf Metropolitan Development Authority (DGMDA), with a charter similar to that of the Subic Bay Metropolitan Authority, is in the legislative works to handle the development of a freeport zone covering various local governments in the region. “This will be […]

  • by Land Asia Listings
  • June 30, 2017
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Aseana City primed for exponential growth

Aseana City primed for exponential growth

Philippine Daily Inquirer 12:52 AM June 24, 2017 http://business.inquirer.net/231962/aseana-city-primed-exponential-growth Aseana Square is a two-storey food hub and commercial complex that serves the 240,000 vehicles that pass through Aseana City. The 204-hectare Aseana City located along Roxas Boulevard is poised to sustain its growth given expectations of stronger economic activity within the Manila Bay area and its […]

  • by Land Asia Listings
  • June 30, 2017
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DBP opens 2 more branches

DBP opens 2 more branches

By Mary Grace Padin (The Philippine Star) Updated June 25, 2017 – 12:00am http://www.philstar.com/business/2017/06/25/1713310/dbp-opens-2-more-branches MANILA, Philippines – The Development Bank of the Philippines (DBP) has opened two new branches in Talisay City, Cebu and Guagua, Pampanga, expanding its total network to 120. In a statement, DBP chief executive officer Cecilia Borromeo said the establishment of […]

  • by Land Asia Listings
  • June 30, 2017
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Robinsons Land starts China property project

Robinsons Land starts China property project

By: Doris Dumlao-Abadilla Philippine Daily Inquirer 02:02 AM June 27, 2017 http://business.inquirer.net/232070/robinsons-land-starts-china-property-project Gokongwei-led property developer Robinsons Land Corp. expects to bring 1.8 billion Chinese renminbi (P13.2 billion) worth of new residential property inventory to Chengdu—its first venture in mainland China—by the first quarter of next year. The 8.5-hectare project in southwest Chengdu, where RLC has started […]

  • by Land Asia Listings
  • June 30, 2017
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