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LRWC buys 23-ha property for Boracay casino

A unit of gaming firm Leisure and Resorts World Corp. (LRWC) has acquired a 23-hectare property in Boracay to build on the island’s first integrated …

Asia

Department of Agrarian Reform, Philippines

LOOK: Nearly 1 million hectares of farmlands eyed for CARP coverage<p>ANGELES CITY – President Rodrigo R. Duterte can make good of his promise to uplift …

Central Banks

PAL to open new domestic, int'l routes

<b>Metro Manila (CNN Philippines, November 21)</b> — Flag carrier Philippine Airlines is set to open new flights in both their domestic and international …

ABS

Political woes seen pulling down peso

The peso is seen further weakening to 55:$1 next year amid political uncertainty, London-based economic research firm Capital Economics said.<p>“We …

Banco de Oro compliant with BSP rules; no sanction over ATM ‘skimming’ case

Banco de Oro Unibank Inc. (BDO) has escaped supervisory action from the Bangko Sentral ng Pilipinas even as its automated teller machines were …

ATMs

PSE asked to rethink Calata’s delisting

Calata president Joseph Calata<p>Some small shareholders of Calata Corp. are asking the Philippine Stock Exchange (PSE) to reconsider its plan to delist …

Cryptocurrency

Europe goes loco over Mindanao cacao

Cacao from the Davao region is gaining loyal buyers.<p>DAVAO CITY—Cacao from Mindanao will soon find its way to Europe after French, Swiss and Belgian …

Philippines

French touch excites hospitality sector in PH

Adam Laker<p>When British hotelier Adam Laker came to Sofitel Philippine Plaza Manila five years ago, he bravely opened a room at the Spiral restaurant …

Hospitality

Philippines’ Karen Ibasco crowned Miss Earth 2017

Miss Earth 2016 Katherine Espin from Ecuador passes on her crown to Karen Ibasco from the Philippines at the Mall of Asia Arena on Saturday, Nov. 4, …

Asia

‘Revolution’ in housing: DOST taps firm for new prefab technology

Houses that can be built in days, not years.<p>The government has partnered with a $1-billion local company in a bid to turn the country into a leader …

Prefab Homes

Metro folk told: Avoid Edsa, or leave the city for Asean summit

Go take that vacation, and don’t add to the expected heavy traffic on Nov. 13, 14 and 15, a traffic management official urged the public barely two …

Asia

Farmers cite fallen leaders in CARP win

LUCENA CITY—For a group of farmers in Bondoc Peninsula district in Quezon province, the land titles they are now holding are fruits of hard work of …

Farming

PAL starts Davao flights to Bohol, CDO

DAVAO CITY—Philippine Airlines (PAL) launched on Wednesday direct flights from this city to Bohol province and to Cagayan de Oro City in Misamis …

Asia

Corporate News: Metro Pacific mulls IPO for hospital unit in 2019

METRO PACIFIC Investments Corp. (MPIC) is considering an initial public offering (IPO) for its hospital unit in 2019, as it looks at various options …

IPOs

Stock Market: Shares climb as Wall Street cheers payrolls data

THE Philippine Stock Exchange index climbed on Monday, reflecting the positive performance of markets in the United States, alongside optimism for …

Markets

Finance: Metrobank earnings climb in 2nd quarter

METROPOLITAN BANK & Trust Co. (Metrobank) saw its net income climb during the second quarter, driven by double-digit increases in both commercial and …

Finance
Real Estate
Real Estate

Boracay, Cebu, Palawan top list of best islands outside US

Boracay, Cebu and Palawan have topped a travel magazine’s 2017 list of 30 best islands in the world outside of the United States.<p>Conde Nast Traveler …

Japan extends $924-M loan for PH subway

Philippines President Rodrigo Duterte (C) shakes hands with Japanese Prime Minister Shinzo Abe (R) at the end of their signing ceremony and joint …

Japan

SMC proposes to extend NAIA Expressway to BGC

NOW OPEN The first segment of Ninoy Aquino International Airport Expressway is now open. It will link Terminals 1 and 2 in Parañaque City to …

Urban Design

Young Muslims Catch a $100 Billion Travel Bug

Countries will need Muslim-friendly tourist industries if they want a slice of one of the world’s fastest-growing traveler markets.<p>Millennial Muslims …

Religion

Guess Which 3 of the World's Best Islands Are in the U.S.A.

No passport required.<p>When you conjure the most spectacular islands in the world, do you picture far-flung and exotic places, such as the South …

Bravo TV

Palawan Is the World’s Top Island for the Second Year in a Row

Palawan is once again the World’s Top Island according to <i>Travel + Leisure</i><i>’s</i> yearly World’s Best survey. This is the second year that the island …

Asia Travel

WATCH: Palawan from Above and Below, a Stunning Video of The World’s Best Island

“It was definitely a memorable trip.”<p>This is what Scott McFarlane, a photographer and filmmaker based in California, said about his travels in the …

Asia Travel

Premiere Horizon, Dusit Group in talks for Palawan tourism project

MANILA - Real estate firm Premiere Horizon Alliance said Thursday its subsidiary was in talks with the Dusit Group for tourism projects in Palawan, …

Firm tells Sara Duterte: Explain junking of P40-B project

Davao City Mayor Inday Sara Duterte. CIO PHOTO<p>DAVAO CITY — A consortium that was planning to develop the coastline of the city in a nearly …

Asia