DoubleDragon acquires second CentralHub site

CentralHub Industrial Centers Inc. (CentralHub), the industrial leasing subsidiary of DoubleDragon Properties Corp. (DoubleDragon), on Feb 14, 2018 acquired a 3.9-hectare property in Iloilo strategically located a long Iloilo R3 Road, approximately 5 kilometers from the Iloilo International Airport and 10km to the Iloilo City Proper. The site is along the national highway en route […]

BSP, IFC encourage PHL banks to promote sustainable finance

THE Bangko Sentral ng Pilipinas (BSP) and International Finance Corporation (IFC), a sister organization of the World Bank and member of the World Bank Group, hosted a high-level forum on Feb 15, 2018  to encourage Philippine banks to integrate environmental, social and governance (ESG) standards in their operations, to increase financing for climate-friendly and socially […]

Foreign portfolio investments yield net inflows in January

REGISTERED foreign portfolio investments in January 2018 amounted to US$1.62 billion, surpassing the US$1.56 billion and US$1.1 billion recorded the previous month and a year ago, respectively. However, the US$1.5 billion outflow for the month similarly reflected an increase compared to those recorded in December (US$1.1 billion) and January of 2017 (US$846 million). On the […]

Seminar on the property market set on Feb 21 at Days Hotel Iloilo

“WITH strong macroeconomic fundamentals, low inflation rates and lower interest rates, backed by a stable BPO industry, OFW remittances and increase in government infrastructure spending, the Philippine real estate industry is now at a crossroads.” This is what Prof. Enrique Soriano, a World Bank/IFC Governance Consultant and an International Family Business Coach, and Executive Director […]