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  2. Real Estate Updates
    3. (Page 15)

Real Estate Updates

Local investors push market higher on bullish sentiment in Wall Street

By: Doris Dumlao-Abadilla Philippine Daily Inquirer 12:08 AM February 21, 2017 http://business.inquirer.net/224942/local-investors-push-market-higher-bullish-sentiment-wall-street The local stock barometer firmed up Monday as investors took heart from buoyant sentiment in Wall Street. The main-share Philippine Stock Exchange index (PSEi) added 36.4 points or 0.5 percent to close at 7,281.19. “The PSEi aligned with US markets, which rose to […]

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DOE pushes info drive for WESM Mindanao

By Danessa Rivera (The Philippine Star) Updated February 21, 2017 – 12:00am http://www.philstar.com/business/2017/02/21/1674203/doe-pushes-info-drive-wesm-mindanao MANILA, Philippines – The Department of Energy (DOE) is strengthening its information campaign in pushing for the Wholesale Electricity Spot Market (WESM) in Mindanao. The DOE has been conducting preparatory activities for the launch of WESM Mindanao, in coordination with the Philippine […]

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Solar firm to debut battery storage

By Danessa Rivera (The Philippine Star) Updated February 21, 2017 – 12:00am http://www.philstar.com/business/2017/02/21/1674200/solar-firm-debut-battery-storage MANILA, Philippines – Solar Philippines will showcase the country’s first solar farm equipped with batteries when it completes the first 50 megawatts (MW) of its largest solar project in Tarlac by mid-2017, its top official said yesterday. The company expects batteries to […]

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Gas, kerosene prices up today

By Danessa Rivera (The Philippine Star) Updated February 21, 2017 – 12:00am http://www.philstar.com/headlines/2017/02/21/1674305/gas-kerosene-prices-today MANILA, Philippines – Gasoline and kerosene prices will go up today as international oil prices continued to increase following producers’ agreement to cap production. The peso’s weakness against the US dollar also pushed local pump prices higher. In an advisory, SeaOil Philippines […]

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PayMaya now accepted at NLex; Cavitex to follow

By: Miguel R. Camus Philippine Daily Inquirer 03:05 AM February 21, 2017 http://business.inquirer.net/224936/paymaya-now-accepted-nlex-cavitex-follow PayMaya Philippines, the mobile digital payment app of PLDT Inc., can now be used at North Luzon Expressway (NLEx) and soon, Cavite Expressway (Cavitex). The app, which allows customers to transact using their mobile phones and mainly targets the country’s massive “unbanked […]

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After an earthquake, what should house, building owners do next?

Experts say that aftershocks are still possible weeks, even months, after a major earthquake. How can we prepare for them? Gwen de la Cruz Published 9:45 PM, February 19, 2017 Updated 9:45 PM, February 19, 2017 http://www.rappler.com/move-ph/issues/disasters/161935-after-earthquake-house-building-owners-next-steps MANILA, Philippines – Following the magnitude 6.7 earthquake that hit Surigao City on February 10, more than 500 […]

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Britain seeks to help Philippines build ‘smart cities’

ABS-CBN News Posted at Feb 20 2017 09:38 AM http://news.abs-cbn.com/business/02/20/17/britain-seeks-to-help-philippines-build-smart-cities MANILA – The United Kingdom is willing to help the Philippines build “smart cities” as it seeks closer economic ties with one of Asia’s fastest-growing economies while preparing to leave the European Union, an envoy said Monday. The eco-friendly metropolis, which British companies have showcased […]

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Cebu Landmasters seeks P3.8B IPO

By: Doris Dumlao-Abadilla Philippine Daily Inquirer 05:22 PM February 20, 2017 http://business.inquirer.net/224898/cebu-landmasters-seeks-p3-8b-ipo Cebu-based property developer Cebu Landmasters Inc. (CLI) plans to raise as much as P3.8 billion from a stock debut this May, aiming to boost funds for expansion in key cities in Visayas and Mindanao. Quoting a prospectus it submitted to the Securities and […]

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Duterte favors heavy taxes on idle lands, says Pernia

By Czeriza Valencia (The Philippine Star) Updated February 21, 2017 – 12:00am http://www.philstar.com/business/2017/02/21/1674193/duterte-favors-heavy-taxes-idle-lands-says-pernia MANILA, Philippines – President Duterte meant it when he said earlier this month that idle lands would be taxed heavily under his term unless these are brought to productive use, said Socioeconomic Planning Secretary Ernesto Pernia. He said the President threatened to […]

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RLC to open new 220-room hotel in Cebu

By: Doris Dumlao-Abadilla Philippine Daily Inquirer 04:10 PM February 20, 2017 http://business.inquirer.net/224894/rlc-open-new-220-room-hotel-cebu Gokongwei-led property developer Robinsons Land Corp. is set to open a new 220-room hotel in Cebu City under its mid-to-upscale Summit Hotel and Resorts brand right beside its new shopping mall complex. In a press statement on Monday, Robinsons Hotels general manager Elizabeth […]

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