The country’s property giants are further expanding their hotel portfolios with new acquisitions, international partnerships, and developments beyond Metro Manila. Last June 30, Ayala Land, Incorporated (ALI) announced its acquisition of the New World Hotel Makati — a 5-star luxury hotel in the country’s business district, located conveniently near Ayala Malls’ Greenbelt and Glorietta. The move will not affect the …
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Discover Opportunities to Buy International Homes at the Global Property Expo, Singapore
Singapore – For Singaporeans envisioning buying a residential property abroad, the Global Property Expo organised by JLL (NYSE: JLL)offers an unparalleled opportunity to embark on that journey. This premier exhibition, dedicated to international real estate investment, will open its doors from Friday, July 18, to Sunday, July 20, 2025, from 10:00 a.m. to 8:00 p.m. daily at B2, Sands Expo …
Read More »U.S., Philippines Sign Subic-Clark-Manila-Batangas Railway Agreement
Arlington, Virginia – On June 26, the United States government, through the U.S. Trade and Development Agency (USTDA) and the Philippines’ Department of Transportation (DOTr), announced funding for technical assistance for the construction of the Subic-Clark-Manila-Batangas (SCMB) Railway, which is designed to link three major ports in Luzon and decongest traffic at the Port of Manila. Secretary Frederick D. Go, …
Read More »PH Real Estate emerges as Gold Standard for Investment amid Global Uncertainty
Office net absorption is at 192k sq.m. this H1 2025 Manila’s residential retains position in Top 10 of Knight Frank’s Prime Global Cities Index Manufacturing, logistics, and cold storage continue to fuel industrial growth in CALABARZON and Central Luzon Iconic hotels are making a comeback in new strategic locations The Philippine real estate sector continues to demonstrate steady growth in …
Read More »CA orders DAR, Land Bank to pay P28-B to Hacienda Luisita as compensation for land use
The Court of Appeals (CA) has ordered the Department of Agrarian Reform (DAR) and Land Bank of the Philippines (Landbank) to pay Hacienda Luisita P28.888 billion pesos as additional compensation for land use. “WHEREFORE, premises considered, the Petition for Review is GRANTED. The Decision dated 15 February 2023 and Resolution dated 11 August 2023 of the Regional Trial, acting as …
Read More »United States Army helps Department of Education renovate classrooms
The United States Army soldiers teamed up with members of the Armed Forces of the Philippines (AFP) and the Philippine Coast Guard (PCG) to support the Department of Education’s (DepEd) Brigada Eskwela in Rizal, Palawan, rolling up their sleeves to renovate and prepare classrooms for the new academic year. “Our military service members are honored to join their AFP and …
Read More »DENR opens government land for private investments
The Department of Environment and Natural Resources, which previously said it was opening 1.2 million hectares of government land for private investments, is nearing the launch of this new iteration of their reforestation program. Agriculture and timber companies are among those which can soon develop barren public lands in want of reforestation. “The sectors that are invited there are agriculture …
Read More »New Bataan-SCTEX Interchange to be constructed soon
The Bases Conversion and Development Authority (BCDA), the Department of Public Works and Highways (DPWH), the North Luzon Expressway Corporation of Metro Pacific Corporation, and the local government of Hermosa, Bataan have recently partnered to construct a P495.35-million road interchange. The new interchange will connect the municipality of Hermosa in Bataan to the 94-kilometer Subic-Clark-Tarlac Expressway (SCTEX), supporting the growth …
Read More »DPWH partners with ADB, DAP to develop future leaders
The Department of Public Works and Highways through the Unified Project Management Office has formalized a strategic partnership with the Asian Development Bank and the Development Academy of the Philippines to implement the Leadership Excellence for Advanced Development (LEAD) Program. This initiative aims to cultivate a new generation of values-driven, competent leaders within the DPWH who are equipped with advanced …
Read More »Megaworld to redevelop Eastwood City
Property giant Megaworld Corp. is spending P2.5 billion to redevelop its first township development. Megaworld said it has started the makeover of the 18.5-hectare Eastwood City in Quezon City. The redevelopment will include the reinvention of the township’s commercial areas as well as select residential and office developments that have been in place for many years. Launched in 1997, Eastwood …
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