Some of the country’s largest property developers are signaling early interest in what could emerge as one of Metro Manila’s biggest urban redevelopment projects: the transformation of portions of the New Bilibid Prison (NBP) reservation in Muntinlupa into a mixed-use commercial and residential district.
Cebu is set to become a major hub for world-class entertainment as SM Prime Holdings, Inc. (SM Prime) prepares to open the SM Seaside Cebu Arena next month. The venue, the company’s second arena in the Philippines, is designed to host concerts, sports events, and large-scale gatherings.
SM Prime Holdings Inc., the property development arm of the Sy Group, is stepping up its push into the premium residential segment with a phased transformation of Susana Heights Village, signaling continued confidence in demand for low-density, high-value suburban estates despite a softer macroeconomic backdrop.
SM Prime Holdings, Inc., the listed property arm of the Sy Group, is seeking clearance from the Securities and Exchange Commission to raise up to P18 billion through fixed-rate bonds, including P6 billion from oversubscription.
Reaffirming government's commitment to work closely with private schools, Education Secretary Sonny Angara and National Capital Region Assistant Secretary and Regional Director Dr. Jocelyn Andaya visited Sproutville International School in Bonifacio Global City to help raise and maintain the quality of basic education.
Several major Philippine banks have complied with the Senate Impeachment Court's subpoena for bank records linked to Vice President Sara Duterte, marking a significant step in gathering documentary evidence for the proceedings. Senator and Impeachment Court presiding officer Francis Escudero said Bank of the Philippine Islands, Philippine Savings Bank, Metropolitan Bank & Trust Co., Security Bank, Land Bank of the Philippines, and BDO Unibank submitted the required documents, although BDO and Security Bank requested additional time to complete their submissions. Escudero also said the Bureau of Internal Revenue turned over Duterte's tax records after obtaining presidential clearance, expanding the evidence now before the court.