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MORE people are seeing the viability of buying condominium units as investments especially with Cebu’s tourism boom. This trend is seen in the sales of condominium units of a homegrown developer, Grand Land Inc., from its newly…
Inflows of foreign direct investments to the Philippines rose substantially in the first quarter of the year as investors were reassured by the country’s strong economy, the central bank said on Monday. In a press statement, the…
New investment pledges in the manufacturing sector plunged last year to almost 50 percent due to the uncertainty brought by the tax reform law, top officials of the Philippine Economic Zone Authority (PEZA) said on Wednesday. New…
Infrastructure projects to spur property development in this ‘gateway city’ to Cebu Mandaue City is already a favorable destination for investors as it is, with proximity to the Mactan-Cebu International Airport and Cebu International Port being one…
CEBU Big-ticket projects in solar energy and cement registered at the Board of Investments Cebu Extension Office (BoI-Cebu) helped push investments in Cebu in the third quarter to P20 million, which is a marked improvement to previous…
Despite the decline in investments in the country’s Information Technology-Business Process Management (IT-BPM) sector during the second quarter of the year, a local industry leader still considers Cebu “lucky.” This is because Cebu continues to enjoy the…
ROAD LOTS donated to mandaue city More investments and greater development would be expected in Mandaue’s North Reclamation Area especially with the donation of 11.5 hectares of privately owned road lots to the Mandaue City government. “It…
PRESIDENT Rodrigo Duterte’s trips abroad brought in at least $35 billion worth of investments into the country, Secretary Martin Andanar of the Presidential Communications Operations Office (PCOO) said yesterday. Andanar said this meant that the Philippines earned…
MANDAUE City continues to attract more investors as more property developments continue to sprout in the city. Mario Ocleasa, Mandaue City Planning and Development officer, said in an interview yesterday that they attributed these development to Mandaue…
The Duterte administration’s thrust to ramp up public spending on infrastructure was seen to drive private sector investments in the country, a local investment promotions official said. This, in particular, was a key in spreading development to…
The value of projects registered with the Board of Investments (BoI) reached P720.58 million in the first quarter of 2017, down from P7.65 billion during the same period in 2016. Ellorence Cruz, BoI Cebu extension office OIC…
With BOI-registered projects hitting P29.49B in 2016, expert sees more real estate projects this year A local investments official is expecting more real estate projects in Cebu despite the Board of Investments (BOI) being poised to set…
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