Iloilo City residents will soon enjoy a stable source of clean energy with ultra bilyonaryo Enrique Razon-led More Electric and Power Corp. signing a 20-megawatt (MW) mid-merit supply from Energy Development Corp. The five-year power supply deal, which starts on July 25, will come from EDC’s Unified Leyte Geothermal Power Plant, one of the company’s most extensive geothermal facilit...
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CEBU CITY – Seeing post-pandemic full business potentials, a Cebu-based real estate developer is looking to deepen its investments in the Visayas and Mindanao to support the continued economic recovery in these regions. Jose Soberano III, Cebu Landmasters Inc. (CLI) chairman and chief executive officer, on Tuesday said during the company's annual stockholders meeting that t...
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MANILA – Citing the urgent need to eradicate homelessness in the country, Senator Christopher Lawrence “Bong” Go on Wednesday called for renewed support for a bill he has filed in July 2019, which aims to provide continuous funding support for a large scale pro-poor housing program in the country. Senate Bill No. 203, or the National Housing Development, Production and Fi...
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MANILA, Philippines — The local housing sector is in need of more funding from the government to ensure decent living conditions for all, according to the Department of Human Settlements and Urban Development (DHSUD). DHSUD chief Eduardo del Rosario said he is optimistic that the National Housing Development, Production and Financing Act of 2019 would soon be enacted into law. The bill...
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TYTANS Properties and Development, Inc. tapped KMC Savills as the official property management partner for its premier condotel Lapu-Lapu City, Cebu. Tytans Properties Chairman Montano Ty and President Gerard Tan signed the deal with KMC Managing Director Michael McCullough and Property Management Director Francis Fuellas. Tambuli Seaside Living (TSL) is an 11-hectare project in Buyong, Mari...
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WITH the non-stop construction of high-rise buildings in Metro Cebu, the Department of Housing and Urban Development (DHUD), formerly Housing and Land Use Regulatory Board, reminds developers to make sure that the structural integrity of their buildings can withstand natural calamities like earthquakes. Francis Ordeniza, Director of the DHUD of Central Visayas, told SunStar Cebu that buildings...
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