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UNDERSTANDING PHILIPPINE REAL ESTATE LAWS

What important things I should know before buying a condominium unit? How does in-house financing compare with Pag-ibig and Banks? Developing A Residential Condo in the Phils. More Cebu Malls Sprout, Expand Can a foreigner own a property in the Philippines? Warren Buffet’s Advice to be financially healthy How much can I loan with Pag-ibig […]

House bill: No work-related e-mails, texts after office hours

‘It can lead to burnout – or the physical, psychological, and emotional distress caused by a total inability to rest and a diminished balance between work and family,’ says House Bill 4721 MANILA, Philippines – A lawmaker has filed a bill seeking to allow employees to disconnect from work-related messages after office hours without penalty […]

Mining seen playing key role in steel industry revival

As regulators make ready the results of an audit of all operating mines in the country, the Chamber of Mines of the Philippines (COMP) said the industry was important for the country’s thrust to revitalize the steel sector. “We see an increased demand for products and services from the metals industry especially in human resource […]

Finance chief forecasts 6.5-7% GDP growth this year

Finance Secretary Carlos G. Dominguez III said the economy could expand by another 6.5-7 percent in 2017 on the back of a healthy foreign exchange buffer, a strong banking system as well as a young and educated workforce. Last year, the economy grew by 6.8 percent, the fastest expansion in three years and among the […]

Pagasa to take over Project NOAH, says DOST

Pagasa to take over Project NOAH, says DOST

Project NOAH ‘has reached its completion and project ending date…. New project proposals are welcome if there is a new study to be made,’ the science department says MANILA, Philippines – The Department of Science and Technology (DOST) said that state weather bureau Pagasa will take care of the tools and technologies developed by the […]

Peso rebounds as weak US GDP report, Trump affect greenback

Peso rebounds as weak US GDP report, Trump affect greenback

THE PESO rebounded against the dollar yesterday on the back of lower-than-expected US economic growth in the last quarter of 2016 and amid negative market sentiment from US President Donald J. Trump’s recent pronouncements on immigrants. The peso ended at P49.82 versus the greenback on Monday, three centavos stronger than its P49.85 finish last Friday. […]

PSEi slightly up

Local stocks ended a hairline higher on Monday, aided by month-end window-dressing activities while investors mulled the impact of recent US immigration restrictions. The main-share Philippine Stock Exchange index added 3.04 points or 0.04 percent to close at 7,336.71 on selective buying of stocks. “Philippine markets closed flat as US stocks eroded a bit on […]

Hybrid funding eyed for infra projects

Hybrid funding eyed for infra projects

The government is looking into hybrid financing or a mix of foreign aid and loans to jump-start the infrastructure projects in the pipeline. Separately, Budget Secretary Benjamin E. Diokno said on Monday that the government would closely monitor the infrastructure projects to be rolled out this year through geo-tagging in a bid to fast-track implementation. […]

Philippines: SMPC allots $6.4m for community infra, livelihood projects

Philippines: SMPC allots $6.4m for community infra, livelihood projects

Integrated energy firm Semirara Mining and Power Corp (SMPC) is alotting up to $6.4 million (P320 million) for its host community infrastructure and livelihood projects this year in the Philippines. The spending is in line with the company’s 5Es program which aims to reduce poverty and facilitate development in its host community using a sustained, […]

Ayala invests P16B in 6 malls

Ayala invests P16B in 6 malls

AYALA MALLS will have invested P16 billion upon completing its sixth shopping center scheduled to open within the year. The mall business of listed property developer Ayala Land, Inc. earmarked such an amount for disbursement over a three-year period, its head Rowena M. Tomeldan said in an e-mail correspondence. In an earlier interview, Ms. Tomeldan […]