Sinas plans to turn over drug suspect’s houses and lots, condo, cars to Anti-Money Laundering Council

Benjie B. Talisic 03/03/2019

CONSOLACION, Cebu —The police will request the the Anti-Money Laundering Council (AMLC) to investigate how arrested drug suspect Jocelyn Encila acquired her properties. They are also working on how these properties, which are likely ill-gotten wealth, be…

Cebu City receives P1B from Filinvest’s JVA’s 10th year share for SRP dev’t

Delta Dyrecka Letigio 02/15/2019

CEBU CITY, Philippines—The Cebu City government received P1 billion from Filinvest Land Inc. for the 10th year of their Join-Venture Agreement (JVA) to develop a 40-hectare property at the South Road Properties (SRP) which was inked in…

Developers try to temper Chinese investments in Cebu properties

Jose Santino S. Bunachita 12/20/2018

The continued boom of Cebu’s real estate industry is attracting not just local but also foreign buyers of residential properties in different areas of the province. Among the biggest potential buying market are Chinese nationals, who are…

Recover questionable lots for schools – Luigi

Jessa Mae O. Sotto 11/05/2018

  Mandaue City Mayor Luigi Quisumbing is determined to recover city-owned properties to address the need of additional spaces for classrooms in the city. In his speech for his State of the Children’s Address (SOCA) on Monday,…

Mandaue City gov’t reviews all city-owned properties which were put into lease

Jessa Mae O. Sotto 10/29/2018

  The Mandaue City Legal Office is conducting a review of all the city-owned properties which have been put into a lease. Vice Mayor Carlo Fortuna said they want to know all lease transactions entered into by…

Paknaan fire burns 2.5M worth of properties

Norman Mendoza 10/12/2018

At least P2.5 million worth of properties were turned to ashes by the late night fire which hit a warehouse complex in Barangay Paknaan, Mandaue City on Thursday. SFO1 Edson Dapal of the Mandaue City Fire Station…

Cebu properties looking to become tourism ecozones

Gerard Vincent Francisco 09/21/2018

  A RESORT-CASINO, a mixed-use township, and leisure residences are among the properties in Cebu particularly in Mactan Island that are looking to be designated as tourism enterprise zones (TEZ). Donald Maldonado, Tourism Infrastructure and Enterprise Zone…

Cebu developer AppleOne Properties hosts IM media dinner

PR 08/08/2018

CEBU developer AppleOne Properties Inc. (API) welcomed media and select professional triathletes of the recently concluded Regent Aguila IRONMAN 70.3 Asia Pacific Championship in a media dinner on August 3. The venue was the Show Pavilion of…

COA to Cebu City Govt: ‘Dispose unserviceable properties’

Morexette B. Erram 07/25/2018

The Commission on Audit (COA) has asked the Cebu City Government to take action and dispose the P8-million worth of “unserviceable properties” under its jurisdiction. The properties that need to be disposed by the city include outdated…

Properties with tax delinquency to be sold in auction

Morexette Marie Erram 07/11/2018

Properties in Cebu City with records of tax delinquency may be subjected to auction sale. Cebu City Mayor Tomas Osmeña made this announcement on his official Facebook page today that they will be posting notices on properties…

Osmeña: “No Ironman in South Road Properties (SRP)”

Morexette Erram 06/22/2018

  Cebu City Mayor Tomas Osmeña announced that the Cebu City Government has denied the request of organizers of IronMan 70.3 Asia-Pacific Championship to conduct portions of their triathlon event along the Cebu South Coastal Road (CSCR)…

BFP awards ‘Modern Day’ heroes

Intern 06/02/2018

At least 380 fire personnel and 30 organizations of fire volunteers from all over the region were recognized by the Bureau of Fire and Protection in Central Visayas (BFP-7) during its awarding ceremony held at Parklane International…

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