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Belmont Group to employ 500 for theme park project

CEBU, Philippines — Belmont Group expects to hire at least 500 workers as diversifies its business interest by venturing into its first integrated theme park project in Calajoan, Minglanilla, Cebu. Belmont One is a P500 million project, situated in 3.5-hectare property that will host a hotel, restaurants, retail and shopping centers, and a world-class theme park to be called Anj...

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Century Properties to complete P4.5-B office tower in 2019

As part of its expanding office property footprint, Antonio family-led Century Properties Group Inc. (CPG) expects to complete by September 2019 its single biggest office project yet, the P4.5-billion Century Diamond Tower, which can yield close to a billion pesos in annual revenues. This 35-story Philippine Economic Zone Authority-accredited premium office building is seen to support...

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Lower income taxes, better for investors

Amid the skyrocketing prices of basic commodities, business owners welcomed the passage of the Tax Reform for Attracting Better and High-Quality Opportunities (Trabaho) bill in the House of Representatives. For Rey Calooy, president of Filipino-Cebu Business Club Inc., since the bill seeks to lower the corporate income tax, more investors are expected to pour in money, generating...

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Real estate tycoons are biggest winners in Forbes rich list

MANNY Villar shot to the second spot in Forbes’ annual list of richest Filipinos, with a net worth of $5 billion, the publication said. According to Forbes, the former senator’s wealth tripled over the past year, with shares of his Golden Bria leaping 1,300 percent in the first quarter. SM’s Henry Sy stayed at the top, with a net worth of $18 bill...

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When selling online, keep it short but complete

FOR property to be sold immediately online, sellers must provide the right information immediately. Nadine Pacis, learning and development coach of online property portal Lamudi Philippines, told SunStar Cebu that a seller must remember that online readers have a short attention span and one has to give the essential details to capture an audience. Lamudi Philippines is an online...

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Tax amnesty bill up for plenary approval

The House committee on ways and means on Tuesday passed and submitted for plenary approval the substitute bill paving the way for the much-anticipated general tax amnesty being planned for next year. The substitute to House Bills No. 3655, 3832, 4011, 4133, 4412 and 7105 was approved by the ways and means committee after it removed from the measure the earlier included provisions on a...

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