Archive for the ‘Housing’ Category
Filinvest to include budget hotels in its portfolio
The Filinvest Development Corp., the holding company of the Andrew Gotianun Sr.-led Filinvest group, teams up with a Singaporean firm to launch its own chain of budget hotels. Filinvest Development president Josephine Gotianun-Yap said the company had formed a joint venture partnership with the Archipelago group of Singapore to introduce to the local market the [...]
May 30, 2011
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Tags: budget hotel, business news, Fave, FDC, Filinvest, hotel, joint-venture, local tourism, Philippines, travel · Posted in: Corporations, economy, Employment, Housing, investments, marketing, Philippine business news, Philippines, Pricing, Products, Travel
GSIS suspends processing of housing loan applications
The Government Service Insurance System (GSIS) suspended its housing loan program, but GSIS president and general manager Robert Vergara said that it is not because of the agency’s financial status but to focus on other types of loans it can offer to members. Vergara said agencies like the Home Development Mutual Fund (HDMF) or Pag-IBIG [...]
May 28, 2011
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Tags: Government, GSIS, HDMF, home mortgage, Housing loan, housing program, Loans · Posted in: Announcement, Consumers, economy, Government, Housing, Philippine business news, Philippines, Poverty
Centura Tuna invests in real estate
Century Canning Corp. ventured into real estate when it bought a third of property developer Arthaland Corp.’s total equity in time for the latter’s inaugural project – a P4.5 billion, two-tower high-rise residential development in Fort Bonifacio Global City, via its subsidiary CPG Holdings Inc. The company, which is owned by the Po family, has [...]
April 29, 2011
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Tags: business news, buy-in deal, Century Tuna, diversify, Housing, investments, Philippines, property development, real estate, stocks · Posted in: Consumers, Corporations, economy, finance, Housing, investments, marketing, money, Opportunities, Philippine business news, Philippines, real estate
Lower housing loan rates from SSS
To help Filipinos whose homes were damaged by the recent onslaught of tropical storm Ondoy last , SSS reduced loan rates for home repairs and improvements. The reduced rates for SSS is now at 9%, from a previous 13% per annum. The maximum amount of loan that can be availed is P300,000 and payable up [...]
October 2, 2009
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Tags: Filipino, finance, Housing, Housing loan, lower rates, money, Philippines, SSS · Posted in: Announcement, Consumers, economy, finance, Government, Housing, money, Philippine business news, Philippines
