SPEAKING OUT Ignacio R. Bunye In a recent award ceremony, the Securities and Exchange Commission (SEC) and the Institute of Corporate Directors (ICD) lauded four Ayala companies for leading the way in terms of corporate governance in the country. Ayala Land, Inc. (ALI) and Globe Telecom made it to...
Veteran real estate developer Cathay Land expects to generate P1.2 billion in sales from Berkeley Suites, its latest mixed-use condominium project at South Forbes Golf City. Cathay Land President Jeffrey Ng cited the new 8-storey mid-rise condominium as a very good and wise investment. Foremost, Ng...
The Ayala group of companies bagged top accolades at the 2019 ASEAN Corporate Governance Scorecard Awards held by the Securities and Exchange Commission and the Institute of Corporate Directors. Ayala Corporation, Bank of the Philippine Islands, Ayala Land, Inc., and Globe Telecom were hailed ASEAN...
Land Bank of the Philippines (LANDBANK) has opened a new credit facility that will fund 90 percent of borrowers’ investment requirement, but this is only if the borrower is either a farmer or a micro, small, and medium enterprise (MSME) engaged in the agricultural value chain of certain...
This is part of a series of profiles on a new generation of leaders, thinkers, creators, innovators, and trailblazers across many fields in the country. The list is drawn under the theme “What’s Now, What’s New, What’s Next” in celebration of Manila Bulletin’s 121st anniversary as an...
The Land Bank of the Philippines’ (LANDBANK) agricultural loans grew from P236.31 billion in 2019 to P237.62 billion in 2020, more than half of which were given to small, medium, and large agribusinesses. Of the P237.62 billion total outstanding loans, small, medium, and large agribusiness...
Filinvest Land Inc. is planning to convert its wholly-owned subsidiary, Cyberzone Properties Inc. (CPI), into a Real Estate Investment Trust (REIT) Company. In a disclosure to the Philippine Stock Exchange, FLI said the move has been approved by its Board of Directors. “CPI is intended to be...
AREIT, Inc. (AREIT), a subsidiary of Ayala Land, Inc. (ALI), reaped multiple international awards and citations in 2020 as the first Real Estate Investment Trust (REIT) to list in the Philippine Stock Exchange (PSE) last year. The landmark debut saw AREIT successfully complete its initial public...
Vista Land’s mass housing arm, Lumina Homes (http://lumina.com.ph ), is set to unveil a surprise — a condominium property at the heart of a provincial city south of Metro Manila. The new offering promises an exclusive condominium development with complete amenities, in a fraction of the price...
In a bid to be more accessible to farmers and fishermen, state-run Land Bank of the Philippines (LandBank) had set up different ‘Agri-Hubs’ across the country. In a statement, LandBank said that it has established the first four Agri-Hubs in December to bring financial services closer to more...
Business tycoon Manuel B. Villar has emerged as the only Filipino listed in Bloomberg Billionaire Index, a daily ranking of the world’s top 500 richest people, amid the economic turmoil caused by the pandemic. Business tycoon Manuel B. Villar (FACEBOOK / FILE PHOTO / MANILA BULLETIN) Based on the...
AREIT, Inc., Ayala Land’s real estate investment trust, has acquired 9.8 hectares of land from Ayala Corporation’s subsidiary Technopark Land, Inc. (TLI) in Laguna Technopark through a deed of sale for P1.1 billion (VAT-inclusive). In a disclosure to the Philippine Stock Exchange, AREIT said...
