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Foreign citizens and companies are prohibited from fully owning land in the Philippines under the 1987 Constitution. [ 37 ] [ 38 ] [ 39 ] There is also a 40 percent cap imposed on foreign ownership of companies, with exemptions such as firms engaged in the telecommunications, airlines, shipping, railways and irrigation sectors. [ 40 ]
The Philippines Free Press has been revived after Marcos was ousted. The magazine was known for featuring the outstanding legislators every year. Only Jose W. Diokno has held the title for four consecutive years, which is the most in the magazine's award giving history. It published its final issue in 2011.
In January 2014, Lamudi launched a site for iOS and Android (operating system) mobile devices. [3] [11]In June 2014, Lamudi unveiled a world-first Android app, available in all 28 countries, to give international house-hunters a free mobile platform to buy, rent or sell real estate.
A 2005 image of 40 Wall Street, one of four Manhattan buildings purchased by the Marcoses in the early 1980s. The overseas landholdings of the Marcos family, which the Philippine government [1] [2] and the United Nations System's Stolen Asset Recovery Initiative [3] consider part of the $5 billion to $13 billion "ill-gotten wealth" of Ferdinand and Imelda Marcos, are said to be distributed ...
Torrens title is a land registration and land transfer system in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.
FPHC now owns 85% of Rockwell Land after buying the shares of MPIC and SMC groups in Rockwell Land. [9] First Philippine Industrial Park (FPIP) - a 315-hectare industrial estate. FPIP is a joint venture with Sumitomo Corporation of Japan which owns 30% while First Holdings owns 70%, formed in 1996 to develop an industrial park located in Sto ...
A controversial map recently published by The Journal News newspaper in New York marked one of the latest reactions to the Sandy Hook school shooting in Newtown, Conn. The map disclosed the ...
Verification by the Philippine government's Commission on Audit after the ouster of the Marcos family revealed that the construction, renovation, and maintenance of these various houses were paid for by the Philippine government through the office of the President. Maintenance and upkeep alone cost at least US$3.2 million in 1984 and US$10.5 ...