Robinsons Land Corporation (RLC), one of the leading diversified real estate companies in the Philippines, reported seeing signs of recovery in the third quarter of 2020 although first half performance pulled down earnings in the first nine months of the year. In a disclosure to the Philippine...
(Taylor Weidman / Bloomberg / FILE PHOTO / MANILA BULLETIN) State-run Social Security System (SSS) has extended the validity of Land Bank of the Philippines issued checks to provide members with additional time to encash their benefits and loans. In a statement, Aurora C. Ignacio, SSS president and...
Finance Secretary Sonny Dominguez (NTF AGAINST COVID-19 / MANILA BULLETIN) The Department of Finance (DOF) urged the chief executives of local government units (LGUs) to borrow money to bankroll projects that would help the country recover from the coronavirus-induced global economic crisis....
Filinvest Land Inc. reported that the Issue Credit Rating of subsdiary Cyberzone Properties, Inc.’s (CPI) P6 billion outstanding bonds was maintained at the highest PRS Aaa, with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). In a disclosure to the...
With only about two months left in 2020, the Land Bank of the Philippines (LANDBANK) is still targeting to end 2020 with slightly higher amount of loans lent to the agriculture sector. In a statement, LANDBANK expects to further expand its agricultural loan portfolio to P245 billion by the end of...
Avida Land continues to pay it forward, anchoring on gratitude for its almost 50,000 households and advocacy for homegrown artistry for the culminating activity of its 30th anniversary. Following the company’s purpose-driven collaborations with local livelihood brands Rags2Riches and Messy Bessy...
AREIT Inc., the real estate investment trust sponsored by Ayala Land Inc., has acquired a mall and office development in Pasig City from the real estate giant for P5.1 billion. In a disclosure to the...
Rockwell Land Corporation is developing a 3.6-hectare mixed-use community in Angeles, Pampanga which will include a P6.7 billion luxury residential project with a mall component. In a disclosure to the Philippine Stock Exchange, Rockwell Land said the project will be developed through a partnership...
The Development Bank of the Philippines (DBP) is now working with the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) for a financial assistance scheme to help transport providers get back on their feet. The assistance includes government...
Pineapple and watermelon are currently the most profitable fruit commodities in the Philippines with growers posting record high return of investments (ROI) of 377 percent and 220 percent, respectively among other fruit growers in 2019. At 70, Tata Aldong still plows and tills the land, and even...
Since March 16, my friend Gen Agulto has been quarantined in her studio unit inside a condo along Taft Avenue. She couldn’t go back to her parents’ home in Iloilo, so she just did what other condo dwellers did—survive. And she did survive at her own pace, adjusting one day at a time and...
Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers and the country’s largest homebuilder, took home bagged the Most Innovative Community Developer award at The Global Economics Awards 2020. “We are delighted to be conferred with this Most...
