SBMA gets $1 225-M cash dividends - Punto! Central Luzon punto.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from punto.com.ph Daily Mail and Mail on Sunday newspapers.
Taipei, Dec. 1 (CNA) Japan's top envoy to Taiwan on Thursday praised the "best-ever" Tokyo-Taipei relations and said the two neighbors have become "irreplaceable partners" over the past five decades, despite the lack of official diplomatic ties.
Presale and new housing projects might decline by 20 percent to NT$1.45 trillion (US$52.18 billion) next year as developers turn conservative after the central bank tightened terms for land financing, Shining Building Business Co (鄉林建設) chairman Lai Cheng-i (賴正鎰) said yesterday.
However, Lai, who owns luxury hotel brand The Lalu (涵碧樓), said that housing prices are likely to rise another 10 percent on the back of higher land, labor and building material costs.
“Developers will slow the pace of buying land after the central bank last week cut the loan-to-value ratio for land financing from 60 percent to 50 percent, and required