Category Archives: Real Estate Mindanao Philippines

Wao-Maguing road now open to traffic, Lanao sur guv sees boost in agri trade

LANAO del Sur – Governor Mamintal “Bombit” Alonto Adiong, Jr. of Lanao del Sur officially traversed the now passable Wao-Maguing road, also known as “The Dream Road”, in the morning of April 4, 2016 and seen to boost the agricultural sector and trade between Bukidnon and Lanao del Sur.

It took him and his convoy two and half hours to reach the municipalities of Amai Manabilang and Wao from Marawi City using the said road. In the past, residents of mainland Lanao del Sur would travel eight hours to go to the towns of Wao and Amai Manabilang of the same province and had to first pass through Lanao del Norte, Iligan City, Misamis Oriental, Cagayan de Oro and Bukidnon.

According to Engr.… Continue Reading ...

Added value pushed in Northern Mindanao research congress

BusinessWorld Online
Mark D. Francisco
April 1, 2016

Small-scale farmers in Northern Mindanao continue to expand into value-added products as they recognize the need to diversify income sources.

The farmers and agriculture officers of 16 local government units (LGUs) in the region took part in a two-day congress this week on Community-based Participatory Action Research (CPAR).

Under CPAR, crops and technology packages for making value-added products are introduced to farming communities by the Department of Agriculture (DA).

The program was introduced to the farmers in 2005.

At the congress that opened on March 28, the LGUs exhibited their existing processed products from rice, corn, soybean, different potato varieties, and vegetables.

Their goods include food crisps, native cakes, milk, and soap.

There was also a demonstration of potato-based farming systems and an introduction of alternative crop varieties.… Continue Reading ...

House OKs tax incentives for 1st time homebuyers




By Jess Diaz (The Philippine Star) | Updated December 7, 2015 – 12:00am



MANILA, Philippines – The House of Representatives Committee on Ways and Means has approved tax incentives for first-time homebuyers to make homeownership easier and more affordable.



The panel, chaired by Marikina Rep. Romero Federico Quimbo, approved the proposed First-time Homebuyers Act upon the recommendation of the Committee on Housing and Urban Development and the Committee on Appropriations chaired by Rep. Alfredo Benitez of Negros Occidental and Isidro Ungab of Davao City, respectively.



Rep. Arthur Yap of Bohol is the principal author of the proposed law.



The incentives are exemption from payment of transfer tax and a five-percent discount on the cost of a dwelling unit. The seller or developer who gives the discount can claim it as a tax credit for the year it was given.
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New Singapore service to boost Mindanao tourism

Foreign tourists make up a small percentage of total visitor arrivals in the region, accounting for only about 6% of the 2.29 million recorded in 2014, based on data from the Department of Tourism (DoT).

DoT Regional director Roberto P. Alabado III said the agency is optimistic that the number will increase with the Cebu Air, Inc. unit’s twice-a-week service from the Singapore Changi Airport, which is a major international hub.

The Singapore-Davao route, for which Cebu Pacific launched a service in 2008 but discontinued, is currently covered solely by SilkAir (Singapore) Pte. Ltd., a subsidiary of Singapore Airlines, with nine flights a week.

Mr. Alabado said a delegation composed of representatives from the DoT, Davao City Tourism Office, Cebu Air and other private sector tourism stakeholders went to Singapore last week to “update” the Singapore market on Davao Region’s offerings.

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