News

Robert Kuok’s Shang Properties posts 59% earnings rise in first half powered by condominium, mall, and hotel operations

Billionaire Robert Kuok’s Shang Properties witnessed a 59% surge in net income for the first half of the year, propelled by solid revenue streams across its diverse operations including condominiums, malls, and hotels. The company’s net income from January to June stood at P2.4 billion compared to the previous year’s P1.5 billion. Shang Properties showed a 44% growth in tur...

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BIZ BUZZ: SMC’s P20-B ‘super bridge’

The sea mishaps that occur every now and then on that narrow body of water between Batangas province and Mindoro province—often resulting in casualties among vacationers out to enjoy the beaches of Puerto Galera—may soon be a thing of the past if the plans of San Miguel Corp. and the provincial government bear fruit. The conglomerate said on Wednesday it was pushing ahead with negot...

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Potential of Real Estate Rental Business.

Potential of Real Estate Rental Business in Cebu.  Potential for rental income is one of the key benefits of real estate investment. When you purchase a rental property, you have the opportunity to collect rental payments from tenants. These rental payments can provide a steady stream of passive income, which can help you reach your financial goals and provide a cushion during times of fin...

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For Real Estate Investor, How they can hedge on Land Use Development?

For Real Estate Investor, How they can hedge on Land Use Development? By Realtor Samuel Lao   Real estate investors can hedge against the impacts of land use development in several ways: Diversification: Investors can diversify their portfolio by investing in properties in different locations, with different types of land use, and in different stages of development. This can reduc...

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Philippines Says 2022 GDP Likely Grew Much Faster Than 6.5%-7.5%

(Bloomberg) -- The Philippine economy likely expanded much faster than the government’s target of 6.5% to 7.5% last year and is forecast to grow by around 6.5% this year amid a strong manufacturing sector, stable banking system and record low unemployment, Finance Secretary Benjamin Diokno said. Diokno said an expected slowdown in the global economy could impact growth for 2023 but it&rsq...

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Simple Ways To Invest in Real Estate

What is an REIT? REITs are companies that own, manage and finance real estate properties. The main difference between REITs and other real estate investments is that REITs are highly liquid. A REIT can be bought and sold on the stock market and traded in the same way as mutual funds or individual stocks. You can simply log into your brokerage and choose the REIT you want to invest in. Afte...

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