News

BIZ BUZZ: BDO deemed most valuable PH bank brand

What is the most valuable bank brand in the Philippines? According to a new report from London-based global brand valuation consultancy Brand Finance, it’s BDO Unibank, with its brand value estimated at $2.5 billion, up 14 percent from last year. This means that if the country’s largest bank were to sell just its brand—excluding operations and other assets—]it would c...

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Upbeat outlook prompts CLI to invest in high-rise villages

CEBU, Philippines — Publicly-listed property developer Cebu Landmasters Inc. (CLI) has introduced its newest residential condominium project in Mandaue City, Mandtra Residences, noting an impressive turnout of interest among buyers. The three-tower development, situated in a 2.4-hectare property in barangay Casuntingan, Mandaue City, is a partnership with Ixidor Holdings Inc., headed by f...

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Resilient Housing in the Philippines, in the Era of COVID-19

  Pembo, an informally-built community in Manila, where Build Change is working with families to protect their homes from the threat of earthquakes and typhoons. Even as our schools, streets and open spaces empty, time does not stand still. On June 1st the hurricane season will officially start in the Atlantic. Between approximately July and November, typhoons will develop and...

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Meet man who went missing for months, was richer than Mukesh Ambani, Adani, Ratan Tata, now to launch new business

Jack Ma's recent actions have drawn considerable attention and speculation regarding his future endeavors after taking a step back from public life amidst a government-led industry crackdown. He is now reported to have invested an initial capital of 10 million yuan ($1.4 million) in a small company called Hangzhou Ma's Kitchen Food, as per China's National Enterprise Credit Information...

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He always felt he needed a vacation from his life in Chicago. So he retired at 40 and moved into a $110,000 house in the Philippines with his wife.

Corey Fraser, 42, moved from Chicago to the Philippines with his wife, Rachel, in 2022. He put together a six-year plan that led him to retire early and build a $110,000 house near the sea. "I was comfortable every month having more than I would need in the Philippines," he said. After a 2 ½-week vacation in the Philippines in 2016, Corey Fraser realized he d...

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Capitol to buy lots to expand airport

TO REALIZE the extension of the Bantayan Island Airport’s runway, the Cebu Provincial Government has formally asked owners of lots near the airport in Barangay Okoy, Santa Fe town to sell their properties to give way to the project. Cebu Gov. Gwendolyn Garcia met the 63 lot owners involved on Wednesday, Feb. 14, 2024, and offered to have the Provincial Government buy their properties, whi...

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