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Developers today are no longer just selling residential units or office space. Increasingly, they’re creating destinations and experiences. In Iloilo, Megaworld’s bet is that culture can become as much a draw as commerce.
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Megaworld’s MREIT is set to become a P122-billion real estate investment trust after approving a P27-billion property infusion, its biggest asset infusion to date and the largest announced by a Philippine-listed real estate investment trust this year.
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Paternalism has substantial costs, and they compound quietly over decades. A public that never learns to read a loan disclosure, never learns to walk away from a bad bank, never learns to question anything that "sounds too good to be true" is a warning worth heeding.
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Philippine Airlines has signed an agreement with GE Aerospace for GEnx-1B engines that will power its 15 new Boeing 787-10 Dreamliners, marking another step in the flag carrier's long-term fleet modernization program and international expansion strategy.
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Philippine Airlines (PAL) expects deliveries of its new Boeing 787-10 Dreamliners to begin in 2031 and continue through 2034, giving the flag carrier a clear timeline for its next phase of fleet modernization after signing a memorandum of understanding with Boeing for 15 aircraft with options for five more.
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SM Prime Holdings Inc. is launching its first 24-hour commercial format in China, betting that a youth-driven retail concept can keep its flagship Xiamen property ahead in one of the world’s most fiercely competitive shopping mall markets.
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Xiamen City , CHINA —SM Prime Holdings Inc. is making its biggest tourism bet in China yet, opening its first hotel as the country's travel market is projected to become the world's largest, with tourism spending expected to reach $3.5 trillion by 2036.
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Makati Mayor Nancy Binay with actress Bea Alonzo and billionaire businessman Vincent Co
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Tycoon Enrique Razon Jr.’s International Container Terminal Services Inc. has made Philippine stock market history as it reached a market value of P2 trillion, becoming the first Philippine Stock Exchange index company to do so.
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