WWW.CEBULANDMASTERS.COM/ LISTED property developer Cebu Landmasters, Inc. (CLI) recently completed a P1.2-billion three-tower residential condominium in Mindanao, turning over more than half of its units to owners. The Mesaverte Residences in Cagayan de Oro (CDO) City is the third completed project under the company’s mid-market Garden series, which mainly contributed to its first-semester revenue of […]Read More

WWW.GLOBAL-IMI.COM A UNIT of Ayala-led Integrated Micro-Electronics, Inc. (IMI) started trading at the New York Stock Exchange, where its shares fell at the opening. Display solutions supplier VIA Optronics AG offered 6.25 million American depositary shares (ADS) at $15 apiece on Friday, its parent told the local bourse. It is targeting to raise up to […]Read More

A DIGITAL rendition of the planned commercial development in Camella Northpoint Davao. DAVAO CITY — Camella Condominiums, a unit of Vista Land and Landscapes, Inc., is getting ready to develop the commercial component of its five-building condominium complex in Davao City. “We are almost done with the residential portion and the next phase of Northpoint […]Read More

THE JOLLIBEE GROUP is eyeing to open 100 more Tim Ho Wan restaurants in China by 2025 after making its debut in the country last week. “We are excited to grow the Tim Ho Wan brand in mainland China as we leverage on our established network here and knowledge in food-service,” said Jollibee China Chairman […]Read More

Abu Sayyaf leader’s right-hand man arrested in Zamboanga City THE RIGHT-HAND man of the local terrorist group Abu Sayyaf’s leader was arrested Sunday in Zamboanga City, the police reported. Police chief Lt. Gen. Camilo P. Cascolan, in a briefing Monday, said Hashim Saripada, assistant of Abu Sayyaf leader Mundi Sawadjaan, was caught following monitoring of […]Read More

PHILSTAR/MIGUEL DE GUZMAN Early voting for senior citizens, PWDs pushed A PROPOSED law that will allow senior citizens and persons with disabilities (PWD) to cast their ballots earlier than the scheduled voting day is being pushed for approval before the next elections in 2022. “The committee on suffrage has already approved our substitute bill and […]Read More

PHILSTAR TRADE Secretary Ramon M. Lopez is seeking to retain restrictions on foreign ownership for smaller businesses in the construction sector. A recent Supreme Court ruling reduced restrictions on foreign entities in the construction industry, voiding the nationality requirements in contractor licensing rules set by the Philippine Contractors Accreditation Board (PCAB). The case was based […]Read More

A MINORITY legislator said Monday she supports measures within the national budget providing credit access to help revive faltering or closed small businesses, in the interest of minimizing job losses. Marikina Representative Stella Luz A. Quimbo, speaking in a plenary session on the proposed P4.5-trillion budget for 2021, said she backs more credit mediation services […]Read More

REUTERS MOST MICRO, small, and medium-sized enterprises (MSMEs) reported that they remain unable to fully reopen or are still closed even after lockdown restrictions were eased, citing weak demand, mobility issues and lack of funds, according to a survey by the United Nations Development Programme’s (UNDP) Philippine office. In its second MSME Value Chain Rapid […]Read More

PHILSTAR THE fisheries sector needs more cold storage and improved supply chains to survive the adverse effects of the coronavirus disease 2019 (COVID-19) pandemic, an advocacy group said. In a virtual briefing Monday, Tugon Kabuhayan convenor Asis G. Perez said ice plants are critical to help fishing communities preserve their catch and cut down on […]Read More