News

Ayala Land builds on strength of high-end and commercial markets

Ayala Land Inc. continues to sharpen its focus on the premium as well as commercial and industrial segments, which are seen as strategic anchors for sustained growth. In a press briefing on Thursday, company officials said the property giant is doubling down on business lines that have shown consistent performance and strong demand. This includes the continued rollout of high-end residential pr...

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SM Supermalls Expands First-in-Cebu Dining Concepts Across Its Malls

SM Supermalls is introducing a wave of first-in-Cebu dining experiences across its properties in the city, bringing in Michelin-recognized brands, globally renowned restaurants, and local culinary favorites as part of its effort to elevate Cebu’s food scene. At SM Seaside City Cebu, one of the largest retail complexes in the Visayas, recent additions include Italian restaurant Cibo and Ta...

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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...

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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...

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Cebu Landmasters nears Luzon entry

LISTED real estate developer Cebu Landmasters, Inc. (CLI) is nearing its entry into the Luzon market after acquiring land for a planned condominium project in Metro Manila. “We will disclose the specific area in due time; we are looking for a vertical development in Metro Manila,” CLI Chief Operating Officer Jose Franco B. Soberano said during a virtual briefing last week. Mr. So...

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SM Prime plans up to 6 upscale developments in next 5 years

LISTED real estate developer SM Prime Holdings, Inc. plans to launch up to six projects under its upcoming premium residential line within the next five years. “The pipeline is maybe five to six projects in the next five years,” SM Prime Holdings Executive Vice-President and Premium Residential Line Head Jose Juan Z. Jugo said in an interview with BusinessWorld. Mr. Jugo ide...

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