Tue07292014

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MPIC waits for new developments before deciding on share dilution

KEY toll-road initiatives would determine whether infrastructure conglomerate Metro Pacific Investments Corp. (MPIC) would divest up to P24 billion worth of shares in its tollways arm Metro Pacific Tollways Corp. (MPTC).

Read more: MPIC waits for new developments before deciding on share dilution

8990 set to expand landbank to 500 hectares by year-end

LOW-COST housing developer 8990 Holdings Inc. said its current land bank holdings can last up to seven years, although the company is now working on expanding its properties outside of Metro Manila.

Read more: 8990 set to expand landbank to 500 hectares by year-end

Improved prospects seen for PHL hospitality sector

THE country’s hotel and gaming sectors are showing no sign of slowing down as they are driven by the continued influx of tourists.

Read more: Improved prospects seen for PHL hospitality sector

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