Tag: Century Properties

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CPG raises dividends amid strong 2024 growth

Century Properties Group, Inc. said it has enhanced its dividend policy to showcase the company’s improved financial performance, with regular dividend rate doubled to 20 percent of consolidation net income for common shares. Additionally, CPG has declared a 5 percent special cash dividend for 2025.

Century Properties Group reports strong 1Q 2025 earnings

Century Properties Group Inc. (CPG) delivered a strong start to 2025, with robust sales across its residential projects driving a 16 percent year-on-year increase in net income, which reached P473 million in the first quarter.

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DHSUD expands 4PH with UP rental housing pilot

The Department of Human Settlements and Urban Development (DHSUD) and the University of the Philippines Diliman (UP Diliman) have unveiled the model unit for the Southern Diliman Gardens Rental Housing Project, a signal of the government's growing shift toward rental housing as a key pillar of President Ferdinand Marcos Jr.'s Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program.

BPI asserts market leadership with record-breaking clean energy financing

The Bank of the Philippine Islands (BPI) has established itself as the financial powerhouse behind the country’s green energy transition, reaching an industry-leading cumulative investment of P376 billion through its Sustainable Development Finance program.

DENR probe puts PrimeWater operations under regulatory spotlight 

The Department of Environment and Natural Resources' (DENR) investigation into the alleged unsanitary operations and questionable water-testing practices of PrimeWater Infrastructure Corp. could pave the way for regulatory sanctions while helping restore public confidence in San Jose del Monte City's water system, the local government said.

PCC penalizes Boracay dive cartel over price-fixing scheme

The Philippine Competition Commission (PCC) has fined the Boracay Business Administration of Scuba Shops (BBASS) and 39 affiliated dive operators a combined P2.17 million for operating what regulators described as an illegal price-fixing arrangement that suppressed competition in one of the country's premier tourism destinations.

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