Real estate giant Ayala Land Inc. (ALI) continues to expand its retail leasing portfolio with the opening of 78,000 square meters (sq.m.) of commercial space this year, alongside an additional 700,000 sq.m. in the pipeline as sales from newly renovated areas more than double. Speaking to media, ALI...
Havitas Properties Inc., a niche real estate developer put up by industry veterans and tycoon Michael Tan, is developing two leisure projects in Batangas and La Union worth about P2.1 billion while laying the groundwork for its entry into the economic housing segment. “Rather than focusing...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) bagged two Silver Awards at the prestigious 2025 Anvil Awards held on Jan. 28, 2025, at the Manila Hotel. The company was recognized for its communications initiatives that highlight efforts to reduce non-revenue water (NRW). The...
JG Summit Holdings Inc., the flagship of the Gokongwei Group, has announced the shutdown of its petrochemical business, JG Summit Olefins Corporation (JGSOC), due to substantial losses incurred amid challenging market conditions. In a statement, JGSOC said, "Given persisting unfavorable market...
DAVAO CITY – The Gov. Generoso Business Club Inc. has chided the municipal council of Gov. Generoso town, Davao Oriental province for passing an ordinance that will allow responsible mining operations in the area. FISHING boats dock on the coast of Barangay Montserrat, a known fishing...
Filinvest Land Inc. (FLI), the Gotianun Group’s publicly listed property developer, is optimistic about the continued growth of its office leasing and residential businesses this year. In an interview, FLI President and CEO Tristan Las Marias said their office business is benefiting from a focus...
Vivant Renewable Energy Corporation (VREC), a subsidiary of Vivant Corporation, has divested its stake in local solar power provider Buskowitz Energy Inc. (BEI). In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, Jan. 28, VREC announced the completion of post-closing requirements...
Global Dominion Financing Inc. (GDFI), a member of the Asialink Group, has been assigned an Issuer Credit Rating of PRS A plus (corp.), with a stable outlook, by the Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said a company rated PRS A has an above average...
Designed for the hardworking, adventurous soul dreaming of weekend escapes to the mountains, the Suzuki Jimny 3-Door is the ultimate companion to fuel one's passion for exploration just in time for summer. Because of its compact size, the Jimny is capable of zipping through narrow trails and...
Visayas Container Terminal (VCT), International Container Terminal Services, Inc.’s (ICTSI) operation at the Port of Iloilo, reported that it has welcomed the first gearless vessel to call in the Western Visayas Region. Operated by Regional Container Lines (RCL), the MV Otana Bhum made its...
The Gotianun Group is transferring ownership of its flagship Festival Mall-Main Mall in Filinvest City, Alabang, Muntinlupa City to Filinvest REIT Corporation (FILRT) in a P6.26 billion deal that marks the real estate investment trust’s entry into the retail leasing business. In a disclosure to...
Cebu Landmasters Inc. is raising P10 billion from the capital market this year through the issuance of sustainability-linked bonds in two tranches to fund its entry to the Luzon market as well as capital expenditures for its ongoing projects in Visayas and Mindanao. In a media interview, CLI...
