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In November 2012, the Philippine government announced the sale of the 74 hectares (180 acres) or 62% of the 120-hectare (300-acre) property to Ayala Land, Inc. for ₱24.3 billion. [ 2 ] [ 1 ] Ayala plans to turn the property into a mixed-use development . [ 2 ]
There have been several attempts over multiple Philippines presidential administrations to sell off part of the property, including a public auction in 2009, but they all failed. [5] In November 2012 , the Philippine government announced the sale of the 74 hectares (183 acres) of the 120 hectares (297 acres) property to Ayala Land, Inc. (ALI ...
FDC established Filinvest Alabang, Inc. on August 25, 1993, to enter into a joint agreement with the government to develop the farm. [10] The development was earlier known as the Filinvest Corporate City but was rebranded as Filinvest City to reflect a shift of the area as a mixed-use development from a primarily commercial venture. [5]
The Philippines is the 8th largest rice producer in the world, accounting for 2.8% of global rice production. [28] The Philippines was also the world's largest rice importer in 2010. [29] In 2010, nearly 15.7 million metric tons of palay (pre-husked rice) were produced. [30]
Harmful algal blooms impact mussel and oyster farming, especially in Manila Bay. [11] Overall, oyster farms are more common, as oysters are more widespread, although mussels are more valuable. Mussel farms are placed in deeper water than oyster farms. For both, farms are usually smaller than 1 hectare (2.5 acres). [16]
The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure by forcing the lender to relinquish the property without an opportunity to recuperate the balance of the loan. The term arose during the foreclosure of farms during the Great Depression in the United States.
Foreclosure of chattel mortgages (mortgage of movable property) are governed by Sec. 14 of Act No. 1506, which gives the mortgagee the right to sell the chattel at a public sale. It has also been held that as regards chattel mortgages, the law does not prohibit that the foreclosure sale be done privately if it is agreed upon by the parties. [49]
Pages in category "Farms in the Philippines" The following 6 pages are in this category, out of 6 total. This list may not reflect recent changes. A. Alaminos Goat ...