The Villar Group announced that it is set to vaccinate its employees, workers, and their families nationwide as it continues to be proactive in its fight against COVID-19. Aside from Oxford-Astra Zeneca vaccine it ordered earlier, the Group said it has ordered vaccines from Moderna for...
Overseas Filipino Bank (OF Bank), a subsidiary of government-owned Land Bank of the Philippines, has become the country’s first online-only bank after the Bangko Sentral ng Pilipinas (BSP) granted it digital banking license on Maundy Thursday. BSP Deputy Governor Chuchi G. Fonacier, head of BSP...
Real estate developer Anchor Land announced that it will provide free COVID-19 vaccines to all of its employees. “The safety and well-being of our employees are always our priority. Our vaccination program is anchored on our commitment to caring for them,” Anchor Land Chief Executive...
JG Summit Holdings, Inc., the highly-diversified flagship of the Gokongwei group, reported a 98 percent fall in core net income to P450 million last year mainly due to the losses of its airline and petrochemicals businesses during the pandemic. In a disclosure to the Philippine Stock Exchange, the...
Filinvest Land, Inc. (FLI) reported a 41 percent drop in attributable net income to P3.73 billion last year from the P6.28 billion earned in 2019 due to the impact of the pandemic lockdown on its malls and residential businesses. In a disclosure to the Philippine Stock Exchange, FLI said gross...
GT Capital Holdings, Inc., the flagship of the Ty family, reported a 53 percent drop in core net income to P7.4 billion last year from the P15.8 billion earned in 2019. In a disclosure to the Philippine Stock Exchange, the firm said consolidated net income reached P6.5 billion last year, 68...
The Philippine stock market is seen to weaken further this short trading week as COVD-19 cases continue to surge, sparking talks of the imposition of even more stringent lockdown measures—the government’s main tool in trying to keep infections down. “The local market may decline next week as...
Lessandra, developer of quality and affordable houses, recently opened its newest project, Lessandra Santa Rosa. Located in Brgy. Solenad, Santa Rosa, Nueva Ecija, it is the second Lessandra community in the province, looking at to serve more residents in the North. The 10-hectare development,...
AREIT, Inc. (AREIT) reported that the ten properties included in its P15 billion property-for-share swap transaction with its sponsor, Ayala Land, Inc. (ALI) are in Vertis North, Nuvali, Makati, Alabang and Bacolod. In a disclosure to the Philippine Stock Exchange, AREIT said the 205,000 square...
AREIT, Inc., the real estate trust sponsored by Ayala Land Inc., announced that its planned share for property swap with ALI will increase its deposited property value to P52 billion. The firm disclosed to the Philippine Stock Exchange that its Board of Directors has approved the increase of...
Property giant Ayala Land, Inc., (ALI) is infusing some identified key commercial properties worth P15.46 billion into AREIT, Inc. under a property-for-share swap transaction. In a disclosure to the Philippine Stock Exchange, ALI said its Executive Committee has approved the subscription to...
A former overseas Filipino worker (OFW) was the lucky winner of a brand new house and lot from Willie Revillame’s Wowowin and Lessandra. Elated by his win, Weysoncris C. Ringor from Cagayan Valley received the Lessandra certificate and the ceremonial key from Lessandra Division Head...
