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Alliance closes deal with Star Cruises
Posted on July 14, 2008
ALLIANCE Global Group Inc. (AGI) is expected to close its joint venture deal with the world’s third-largest cruise operator Star Cruises Ltd. this month.
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Filipino airline starts Bangkok, Singapore flights this month
Posted on July 14, 2008
TRANSGLOBAL Airways, a Filipino-owned airline company, is set to mount two major international flight routes via Clark effective July 22, 2008 for Clark-Bangkok-Clark and July 28 for the Clark-Singapore-Clark routes.
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LRT Lines 1 and 2 won’t increase fares
Posted on July 10, 2008
RAILWAY fares for Lines 1 and 2 of the Light Railway Transit (LRT) will remain unchanged, the Light Rail Transit Authority (LRTA) said Wednesday.
“There is no plan to increase and there will be no fare increase,” said LRTA administrator Melquiades Robles.
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Waterfront bags Mimosa contract
Posted on July 10, 2008
THE Gatchalian-led Waterfront Philippines Inc. (WPI) won the right to lease, develop, operate and manage the 215-hectare Mimosa Leisure Estate in Clark, Pampanga.
This was confirmed by the publicly traded company in a disclosure to the stock exchange Wednesday.
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ALI ignores crisis, eyes projects
Posted on July 7, 2008
DESPITE what it sees as challenging times for the property sector, Ayala Land Inc. (ALI) continues to be in an investment mode with 100 projects now ongoing.
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Bullish SM group still in expansion mode
Posted on July 7, 2008
SM Investments Corp. (SMIC), the listed conglomerate of mall magnate Henry Sy, continues to see opportunities in times of crisis, as seen in the continuing expansion within Mall of Asia.
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ALI Readies Capex for Camp John Hay
Posted on July 5, 2008
AYALA Land Inc. (ALI) will spend about P3 billion for the development of mixed-use facilities inside the Camp John Hay.
In a disclosure to the Philippine Stock Exchange, ALI said it has entered into a land lease agreement with Camp John Hay Development Corp. for a 120, 636-square meter property within the John Hay Special Economic Zone. Read more
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RP is hottest real estate market in SEA – CB Richard Ellis
Posted on July 4, 2008
The Philippines is the hottest real estate market in Southeast Asia, a ranking official of international commercial real estate service provider CB Richard Ellis (CBRE) said yesterday.
“Investment opportunities in tourism, infrastructure, mining, and real estate remain high in the Philippines,” CBRE Philippines general manager Trent Frankum said in a speech at the International Property Expo in Hong Kong.
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AGI Unit to Build P3.8-B Hotel in Newport City
Posted on July 4, 2008
Alliance Global Group Inc. (AGI), the investment holding firm of real estate tycoon Andrew Tan, said yesterday its tourism unit Travellers International Hotel Group Inc. will put up a P3.8-billion all-suites hotel within Newport City in Pasay City in partnership with Hong Kong-based Star Cruises Ltd.
The project will be named Maxim’s Hotel, a luxury hotel brand of the Genting Group, one of the largest conglomerates in Malaysia and a sister firm of Star Cruises. Read more
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E-jeepneys make maiden commercial run in Makati
Posted on July 2, 2008
THE electric-powered jeepneys, or e-jeepneys, finally hit the streets of Makati City, the country’s business capital, following its inaugural commercial run Tuesday morning.
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