LISTED Sta. Lucia Land Inc. (SLI) announced on Friday that it recently opened its P500-million mixed-use development at Barangay Rizal, Silay City, Negros Occidental. In a filing with the local bourse, the listed property developer said that the 67-hectare (ha) La Alegria Residential Estates, which it described as the “Paris of Negros Occidental,” is the second project development o...
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By James Loyola Housing and resorts developer 8990 Holdings Inc. announced the passing of its President and Chief Executive Officer Willibaldo J. Uy. In a disclosure to the Philippine Stock Exchange, 8990 said the company deeply mourns the passing of Uy and “will continue to remember and appreciate his achievements for, and contributions to, the company.” A veteran of the Phil...
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MANILA, Philippines — Damosa Land Inc.’s (DLI) premier agro-industrial hub Anflo Industrial Estate Corp. (AIEC) eyes more investments as large international contingents flock to Davao City. Well-known foreign manufacturers have chosen to expand their Philippine operations in AIEC’s 63-hectare Philippine Economic Zone Authority-approved ecozone. “After seeing what indu...
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VILLAR-LED Vista Land & Lifescapes, Inc. (VLL) is planning to raise as much as P40 billion from the domestic bond market, as it ramps up the expansion of its residential and commercial projects. The listed property developer told the stock exchange yesterday it has filed an application with the Securities and Exchange Commission (SEC) for the shelf registration of fixed-rate retail bonds am...
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The proposed Corporate Income Tax and Incentives Rationalization Act (Citira) will continue to give away tax breaks to priority industries that will generate more jobs and create additional value-added in the economy, the Department of Finance (DOF) said Monday. “We cannot dispute that the many industries receiving incentives have made valuable contributions to the economy and to the Fili...
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Ayala Land, Inc. (ALI) was recognized by Asiamoney as the country’s top company of the 2010’s, along with its parent company Ayala Corporation — having won the most number of awards in this decade in Asiamoney’s corporate-related polls. Asiamoney, a division of leading business and finance publication Euromoney, accorded the special recognition in celebration...
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