News

Cebu Landmasters reports robust Q1 2025 performance; net income up 12% to PHP1.32B

Leading developer in VisMin Cebu Landmasters, Inc. (CLI) posted a strong start to 2025, with a consolidated net income rising by 12% year-on-year to P1.32 billion in the first quarter. This was driven by geographic expansion, steady project execution, and sustained demand across key Visayas and Mindanao markets. Consolidated revenues grew by 4% to P6.51 billion in the same period last year, wit...

Read more

Cebu Landmasters Q1 earnings up 2% on strong VisMin sales

  LISTED real estate developer Cebu Landmasters, Inc. (CLI) posted a 2% increase in its first-quarter (Q1) attributable net income to P995 million from P978 million last year, led by sustained demand in the Visayas and Mindanao (VisMin) markets. January-to-March consolidated net income rose 12% to P1.32 billion from P1.18 billion a year ago, CLI said in a statement on Thursday. Conso...

Read more

Cebu Landmasters launching P36b new real estate projects

Vis-Min real estate developer Cebu Landmasters, Inc. (CLI) plans to launch P36 billion worth of new projects between 2025 and 2026, signaling strong confidence in its growth pipeline and expansion strategy.   The move supports CLI’s ongoing push into Luzon and the National Capital Region (NCR), while reinforcing its leadership in Visayas and Mindanao (VisMin). “We’r...

Read more

City di Mare Cebu’s next business hub

The Filinvest Group is reshaping Cebu’s South Road Properties (SRP) with City di Mare (CDM), a mixed-use township development quickly emerging as the city’s next premier business and lifestyle hub. Strategically located in one of the country’s fastest-growing urban corridors, the once quiet coastal area is now a busy zone, as leading commercial brands set up branches and resid...

Read more

Cebu’s thriving tourism fuels food sector growth

CEBU, Philippines — Cebu-based hospitality supplier Global Pacific reported a sharp rise in demand from the foodservice sector, driven by surging tourism and rising consumer purchasing power in one of the Philippines’ fastest-growing regional economies. The company attracted strong interest at the World Food Expo (WOFEX Cebu 2025), held April 24–26, where restaurateurs, caf&ea...

Read more

New partnership aims to curb plastic pollution in Cebu City

CEBU, Philippines — Prime Infrastructure Capital Inc. (Prime Infra), through its social development arm Prime Infra Foundation and waste management subsidiary Prime Integrated Waste Solutions (PWS), has partnered with global environmental company RiverRecycle to strengthen efforts in addressing plastic pollution in Cebu City. As part of the initiative, RiverRecycle has deployed a floating...

Read more