A home is often shaped over time, and Sondris is designed to support that from the start. It gives residents the room to live on their own terms, whether that means a quiet morning routine, space for family, or a home that grows with them, within a community built around green spaces, wellness, and...
The Board of Investments (BOI) has formalized a tripartite agreement with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. (RCBC) to bolster the pipeline of Japanese capital into the country, targeting a broader array of domestic industrial sectors. In a statement on Monday, April...
One of the country’s leading green developers, Arthaland—the only Philippine real estate firm with a fully certified sustainable residential and commercial portfolio—is developing a new sustainable residential project in Makati City, Sondris. The project is being developed in partnership with...
Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has increased its interest in Rizal Commercial Banking Corp. (RCBC) to 24.46 percent with the acquisition of an additional 4.46-percent equity stake for ₱6.4 billion. RCBC President and Chief Executive Officer (CEO) Reginaldo B. Cariaso said in a...
Mitsui Fudosan Co. has acquired a 40 percent stake in a luxury, sustainable high-rise residential condominium project in Makati City from Arthaland Corp. for ₱724.93 million. In a disclosure to the Philippine Stock Exchange, the company said the investment was finalized through a joint venture...
RCBC Leasing and Finance Corp. (RLFC), a wholly owned subsidiary of Rizal Commercial Banking Corp.(RCBC), is using fresh capital infused by Japan’s Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) to fund its nationwide expansion in the next five years. Last month, RLFC and SMFL...
Pangilinan-led Metro Pacific Investments Corp. (MPIC) has entered a memorandum of understanding (MOU) with Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch (Mitsui) and SteelAsia Manufacturing Corp. to explore the creation of a closed-loop steel recycling system that supports a circular economy....
Sumitomo Mitsui Financial Group Inc. (SMFG), through Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) is acquiring a 30-percent equity stake in RCBC Leasing and Finance Corp. (RLFC) of Yuchengco-led Rizal Commercial Banking Corp. (RCBC). In a disclosure to the Philippine Stock Exchange (PSE),...
From left, Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch Executive Director and Head of Corporate Banking Ruben Victa, Ayala Corporation Treasurer Estelito C. Biacora, SMBC Country Head and Managing Director Yasushi Iwata, Ayala Corporation Chief Finance Officer Alberto M. de Larrazabal,...
Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses. In a disclosure to the Philippine Stock Exchange, the firm said...
Japan's Mitsui O.S.K. Lines (MOL) has expressed interest in supporting offshore wind (OSW) development in the Philippines. In a briefing on Thursday, Feb. 6, Yasunori Takamatsu, president of MOL Enterprise Philippines, Inc., said the company is open to transporting materials needed for OSW...
This image provided by ONE PARK×ONE TOWN shows an artist rendering of a waterfront stadium and skyscrapers planned to be built at the site of the former Tsukiji fish market in Tokyo. (ONE PARK×ONE TOWN via AP) TOKYO (AP) — The site of Tokyo's famed Tsukiji fish market, left empty after it was...
