The Department of Foreign Affairs (DFA) announced on Monday that the overseas Filipino worker (OFW) who was sentenced to death in Saudi Arabia on November 2009 for involvement in smuggling shabu into the country was granted pardon and freed Sunday.
The DFA did not release his name, in deference to the request of his family for [...]

ACM Landholdings Inc., a niche property developer founded 18 years ago by two Filipina banking and finance executives based in Hong Kong, is planning to be listed in the Philippine Stock Exchanges to raise as much as P1 billion fresh fund to meet brisk demand for low-to medium-cost housing.
Thus far, ACM has delivered to as [...]

Vista Land and Lifestyles Inc. reported that it has earmarked P45-billion for capital expenditure plans for the next three years. Vista Land chief executive officer Benjamarie Serrano said, “We are in the midst of an aggressive expansion program that will entail significant capital expenditures over the next three years and beyond.”

The Sta. Ana Racetrack in Barangay Carmona, Makati is about to get a facelift, as its operator Philippine Racing Club, Inc. (PRCI) and property giant Ayala Land Inc. (ALI) recently signed a joint-venture agreement that would the 21-hectare racetrack into a mixed-use complex. The deal was stated by both companies in their separate disclosure to [...]

Ayala Land Inc.  (ALI) is planning to offer P2.02 billion worth of investment bonds, which the company called “Homestarter,” this May. The property giant would like to offer the bonds to retail investors who would like to put up seed money to buy residential units. This will be the fourth time that ALI will be [...]

The 7.4-hectare site of the UP Integrated School in Diliman, Quezon City will be redeveloped into a P3 billion mixed-use complex by the Ayala Land Inc. (ALI). The University of the Philippines had awarded to ALI, after winning in a public bidding, a 25-year lease, renewable for another 25 years.
ALI will construct in the said [...]

The North Belton Communities, a mixed-use township development in Quezon City owned by Lucio Tan’s group, was bought tycoon Henry Sy’s SM Prime Holding, Inc. A memorandum of agreement was recently signed between the Lucio Tan-led Eton Properties Philippines, Inc., Philippine National Bank (PNB) and SM Prime.
The signed MOA involves the sale of a portion [...]

The property development of the Ayala group will be building a new call center area in the south. The Ayala Land Inc. (ALI) is planning to transform a 2-hectare property in Iloilo City into a business process outsourcing (BPO) hub. The project would consist of 3 BPO facilities with a total of 19,000 square meters [...]

Ayala Land Inc. (ALI) continues its expansion plan for the year especially in Mindanao. The property giant is constructing an integrated mixed-use complex in Cagayan de Oro, which is estimated to cost at least P2.5 billion.
ALI senior vice president and chief finance officer Jaime E. Ysmael, in a disclosure to the Philippine Stock Exchange (PSE), [...]

Now, overseas Filipino workers (OFWs) and even foreign investors outside the country can check a real estate property they are interested in, without necessarily being in the Philippines. That is because the Philippine Chamber of Real Estate and Builders Association (CREBA) have deployed in the Internet the Philippines’ first fully-automated Web GIS parcellary mapping service. [...]

The Tutuban area is located right beside the heart of Manila’s principal trading district which is Divisoria. It is a strategic center for business and commerce because of its proximity to important districts and landmarks such as Divisoria market, Ongpin, Binondo, Escolta, North and South Harbors and Quiapo, among others.

The Civil Aviation Authority of the Philippines (CAAP), a government agency mandated to keep aviation facilities safe from structural obstruction near international airport, recently approved the applications of new investors to construct 32 buildings near the Diosdado Macapagal International Airport (DMIA) inside Clark Special Economic (CZES).

The Food Terminals Inc. (FTI) is a 120-hectare agro-industrial commercial estate in Taguig. It was built originally as a food processing and consolidation center for agricultural products. It houses more than 300 small-to-medium scale companies who are engaged in different industries such as manufacturing garments and electronics.

Robinsons Land Corp. (RLC) believes that it is more cost efficient to set up a business process outsourcing (BPO) center in Tarlac compared to most Metro Manila locations due to lower overhead costs. And since Tarlac is continually growing, with infrastructure in and around the city continues to expand, makes it as among the most [...]

The Subic Bay Metropolitan Authority (SBMA) seems to be getting a new leash to sustain its economic growth. Recently, the free port was able to get 17 new investment projects worth more than $57.74 million signed.

The Consunji  family, through its listed investment  holding arm DMCI Holdings Inc., is adding more investment to the Tarlac-La Union tollway project. DMCI is subscribing to the capital increase of Private Infra Development Corp. (PIDC) amounting to P1.45 billion.

The Ayala Land Inc. (ALI) and the National Housing Authority (NHA) has entered into joint venture agreement that will develop the 29.1-hectare property in North Triangle into the Quezon City Central Business District (CBD).
The joint venture, with an estimated cost of P22 billion, will develop the new CBD in Quezon City similar to the Bonifacio [...]

Prime real estates in Metro Manila will be auctioned by the Department of Finance, as it sets its of raising P12.5 billion in privatization proceeds in 2010. Included in the list of these prime properties is the controversial “Payanig sa Pasig” property.

With the aim of building more homes to make life better for the Filipino families, the Robinsons Land Corporation (RLC) has become more aggressive in order to fulfill that end. As a matter of fact, they have already started an impressive number of projects in the different regions of the country.
In continuing with their drive [...]

The Philippine Amusement and Gaming Corp. (Pagcor)  is gearing up for the development of the 800-hectare entertainment complex in Roxas Boulevard, and it is expecting $6 million worth of investments to be infused by interested investors.
One of the said investor of the “Pagcor City” project is the SM group. The company is now finalizing its [...]