RESORT. Expansion of luxury establishment Siargao Bleu Resort and Spa, located in a protected area, as seen through satellite imagery.RESORT. Expansion of luxury establishment Siargao Bleu Resort and Spa, located in a protected area, as seen through satellite imagery.

PRA to probe reclamation in Matugas’ Siargao luxury resort

2026/01/06 15:17

MANILA, Philippines – The Philippine Reclamation Authority (PRA) will investigate Siargao Bleu Resort and Spa in General Luna, Surigao del Norte, following a Rappler report on coastal reclamation in the luxury resort.

The PRA told Rappler in an email Tuesday, January 6, that as per their records, “no permit, clearance, and/or letter of no objection was issued regarding any reclamation project and related monitoring efforts regarding the alleged coastal reclamation undertaken by Siargao Bleu Resort and Spa in General Luna, Surigao del Norte.”

The resort will be included in PRA’s inspection and investigation of alleged reclamation activities in Siargao Island “to validate the actual condition of the area.”

A Rappler report in December 2025 found coastal reclamation in front of the resort based on satellite images spanning 2012 to 2022, and that the resort does not have any agreement with the Protected Area Management Board (PAMB) of the Siargao Island Protected Landscape and Seascape (SIPLAS) for such development.

Their 2014 agreement with PAMB expired in 2017. Their application for a new one is still pending, according to the protected area management office.

Land, Nature, OutdoorsMORE THAN A DECADE AGO. Satellite image of Siargao Bleu Resort & Spa from Google Earth Pro in July 2012. Land, Nature, OutdoorsTEN YEARS LATER. Satellite image of Siargao Bleu Resort & Spa from Google Earth Pro in June 2022.

PRA Assistant General Manager Joseph Literal previously told Rappler that “any reclamation within the SIPLAS shall have a LONO (letter of no objection) or endorsement from the SIPLAS PAMB.”

Siargao Bleu is owned by Emmylou “Melot” Matugas-Abejo, daughter of Dapa, Surigao del Norte Mayor Elizabeth Matugas. The resort operates under Emaland Leisure, Parks, and Resorts Incorporated, Emaland was formed in 2009, according to the resort’s website, and construction started 2011. They opened in 2015.

Based on the company’s general information sheet (GIS) submitted to the Securities and Exchange Commission in July 2025, Elizabeth Matugas served as Emaland corporate secretary while a certain Lani Jean Matugas is listed as one of its directors.

The company amended its GIS in November 2025, with Elizabeth Matugas no longer listed as its corporate secretary. The amendment comes a month after a separate Rappler report found that contractor Boometrix Development Corporation, a firm where Elizabeth Matugas used to be an incorporator and a shareholder, secured P10 billion worth of infrastructure contracts in Surigao del Norte in the past decade.

Must Read

Matugas luxury resort in Siargao reclaimed land in a protected area

– Rappler.com

Market Opportunity
Sperax Logo
Sperax Price(SPA)
$0.003992
$0.003992$0.003992
-4.47%
USD
Sperax (SPA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Vitalik Buterin Withdraws 16,384 ETH to Fund Open-Source Technology and Privacy Projects

Vitalik Buterin Withdraws 16,384 ETH to Fund Open-Source Technology and Privacy Projects

TLDR: Buterin withdrew 16,384 ETH to personally fund open-source projects as Ethereum Foundation reduces spending.  The initiative supports secure hardware, privacy
Share
Blockonomi2026/01/30 16:39
What is the most promising crypto right now? A practical checklist

What is the most promising crypto right now? A practical checklist

Crypto interest often spikes after headlines. This guide helps everyday readers turn curiosity into repeatable checks that limit obvious execution risks. We focus
Share
Coinstats2026/01/30 15:52
Inside Upexi’s SOL play: staking yield and locked token deals

Inside Upexi’s SOL play: staking yield and locked token deals

The post Inside Upexi’s SOL play: staking yield and locked token deals appeared on BitcoinEthereumNews.com. Upexi is the largest public company holding Solana tokens and uses a SOL strategy to build its holdings and generate additional revenue through staking. In an interview with crypto.news, Upexi CEO Allan Marshall explains why the company executed a large equity private placement to build a crypto treasury, citing MicroStrategy’s playbook and a more accommodating U.S. policy backdrop. Summary Upexi is the largest public holder of Solana, using equity raises to build a SOL treasury and earn staking yield. Upexi CEO Allan Marshall spoke with crypto.news in an interview. Corporate strategy focuses on accretive issuances, staking, and discounted locked SOL purchases, not venture investing. Upexi markets itself as a “new institutional gateway to Solana’s (SOL) speed, scale, and rapidly growing ecosystem.” But it isn’t alone, as it joins a handful of rival companies also building Solana treasuries, while dozens of other public entities are focusing on other coins. Speaking to crypto.news, Marshall discusses strategy and market perception. He notes that Upexi is focused on accretive capital raises, staking, and discounted, locked SOL purchases rather than venture investing. He also discusses how the company measures progress through an “adjusted SOL per share” metric designed to remove timing and leverage effects. We also discuss the company’s risk management strategies, which include a buy-and-hold approach, no hedging, disciplined use of leverage, and custody with qualified providers. The entire interview transcript is below: crypto.news: Upexi is now the largest corporate holder of Solana with over 2 million SOL in treasury. Why did you make such a dramatic shift now? Was there something specific that happened in the past few months that gave you the confidence to commit so heavily to a crypto treasury at this time? Allan Marshall: Upexi did the first large-scale equity private placement to create an altcoin treasury, and there were…
Share
BitcoinEthereumNews2025/09/20 02:51