News

Dusit Thani Mactan eyes more Japanese tourists

Dusit Thani Mactan Cebu Hotel, a luxury resort owned by Robinsons Hotels and Resorts, is optimistic about the resurgence of the Japanese market as a top source of tourists, according to a report by BusinessWorld. “We always know that Korea is our top market here in Cebu because it has the most number of direct flights coming from different parts of Korea. But as for Japan, before it...

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DMCI Homes hiring over 1,000 skilled workers for Cebu project

DMCI Homes, the Philippines’ first Quadruple A real estate developer, is hiring over 1,000 skilled workers for its first residential condominium project in Cebu City, Kalea Heights.  The company is looking for construction workers, engineers, architects, accountants, sales agents, and office staff as it sets up operations in the Queen City of the South.   “We are c...

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Pag-IBIG Fund releases P130-billion housing loans in 2024

More Filipino workers realized their dream of homeownership in 2024 as Pag-IBIG Fund released P129.73 billion in home loans to finance the purchase and construction of 90,616 homes for its members, officials announced Wednesday, Feb. 12. “Pag-IBIG Fund has once again demonstrated its commitment to helping Filipino workers secure their own homes,” said Secretary Jose Rizalino L. Acuz...

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DMCI Homes confident in housing demand amid industry challenges

Despite industry challenges, Quadruple A developer DMCI Homes remains optimistic about the real estate market, emphasizing that housing remains an essential need for many Filipinos. DMCI Homes President Alfredo Austria said that as new families and households continue to emerge, the demand for quality housing persists.  “Every year, thousands of new families are formed, and new ho...

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Pueblo de Oro supports host barangays with solar energy solutions

PUEBLO DE ORO Development Corporation (PDO), the residential development arm of the ICCP Group, reaffirms its commitment to partnering with local government units (LGUs) by advancing community infrastructure through sustainable solutions. The company recently donated and installed solar panel systems in two partner barangays in the Municipality of Malvar, province of Batangas. In a move towards...

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Money supply, bank loans post growth in December 2024

The Bangko Sentral ng Pilipinas (BSP) reported Wednesday that domestic liquidity, also known as M3, continued to expand in December 2024, according to a report by Philippine News Agency. The BSP said the country’s money supply increased by 7.7 percent to P18.8 trillion in December 2024 from P17.4 trillion in December 2023. Month-on-month, M3 marginally improved by 0.2 percent from...

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