News

‘The Flats’ addresses rising demand for co-living spaces

CEBU, Philippines — Cebu Holdings Inc., (CHI), the developer of Cebu I.T. Park and Cebu Business Park is moving to address the rising demand for shared living spaces in Cebu. The Ayala-led publicly-listed developer announced the construction of its latest project called “The Flats” to meet the growing demand for shared living spaces in the city. The project, which caters to...

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MVP sets $1.6-B IPO for MPIC’s hospital holdings

Philippine businessman Manuel Pangilinan, otherwise known as MVP in the local business community, who ran into trouble with a borrowing binge two decades ago, is pursuing the biggest-ever Philippine initial public offering (IPO) in order to reduce the risk of a repeat. Pangilinan is attempting to pull off a giant share sale for Metro Pacific Investments Corp.’s (MPIC) hospital unit, one t...

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San Miguel eyes unsolicited proposal for Panay-Guimaras bridge

ILOILO CITY -- More investments for Iloilo City and Iloilo province are expected following the visit of San Miguel Corp. president and chief operating officer Ramon Ang for the groundbreaking of the company's PHP6.7 billion brewery facility in Leganes town on Friday. Prior to his visit to Barangay Gua-an, the site of the production facility, Ang was toured by Ilonggo Senator Franklin D...

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Investments in key PHL cities continue to rise–RedDoorz

DAVAO CITY—Investments on travel and tourism have snowballed across key cities in the Philippines—with this city marking high in preferred investment site—as the industry continue to ride high on huge consumer spending in travel. The RedDoorz, a leading hotel management and booking online platform in Southeast Asia, told BusinessMirror that “some of its customers and a f...

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RedDoorz expands in Mindanao

REDDOORZ, Singapore-based hotel management and booking company, has set on an aggressive expansion in Mindanao brought about by the growing interest in the island. Stefanie Irma, RedDoorz Philippines country head, said during a media briefing at the Ritz Garden Oases that after their entry to the Davao City market in 2018, they hope to further expand their services in General Santos City, Cagay...

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RedDoorz continues expansion in PH

RedDoorz, Southeast Asia’s largest and fastest-growing, technology-driven hotel management company, continues to expand its footprint in the Philippines. RedDoorz outlets will open by the end of the year in tourist-heavy Boracay Island, Antique, Capiz, Negros Occidental, Dumaguete, and Tacloban City.  RedDoorz has established over 150 hotels across 10 cities as of the first quarte...

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