GOVERNMENT can support private entities by making it easier for them to get permits, the founder of listed developer 8990 Holdings, Inc. said in response to the administration’s call for more housing units. “It’s very challenging to come up with a million houses ’cause we’ve never experienced building a million houses in the Philippines,” 8990 Holdings Chairm...
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8990 Holdings, Inc. is expecting to record revenues of about P20 billion for 2020, driven by the partial opening of its Urban Deca Homes Ortigas project by year’s end. In a topping-off ceremony at the project’s site in Ortigas yesterday, 8990 Holdings Chairman Mariano D. Martinez, Jr. told reporters the company is expecting four of the 22 buildings that comprise the project to be co...
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8990 Holdings, Inc. has paid the P27.11 million fine imposed by the Philippine Competition Commission (PCC) after its subsidiary Urban Deca Homes Manila Condominium Corporation was charged with abuse of dominance. Marking the country’s first abuse of dominance case, Urban Deca Homes was found to have imposed its in-house internet service provider (ISP) Fiber to Deca Homes on unit owners a...
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MANILA, Philippines — The Philippine Competition Commission has charged Urban Deca Homes Manila Condominium Corporation and its parent 8990 Holdings, Inc. for abuse of dominance, marking the end of a months-long case against the mass-housing leader and the country's first abuse of dominance case. The case dates back to March 27 when the PCC filed a "statement of objec...
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