RL Commercial REIT, Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, successfully listed its shares at the Philippine Stock Exchange with its share price holding steady amid a weaker market. 32437 RCR makes history as the Philippines’ largest publicly-listed REIT with a...
D&L Industries has successfully listed its maiden bond offering at the Philippine Dealing and Exchange Corporation (PDEx) after being oversubscribed by both individual and institutional investors. The firm raised ₱5 billion from the issuance of Peso-Denominated Fixed-Rate Bonds consisting of...
Metropolitan Waterworks and Sewerage System (MWSS) has approved the business plan for the third stage of San Miguel Corporation’s (SMC) P24-billion Bulacan Bulk Water Supply Project (BBWSP). According to a statement, the MWSS Board of Trustees already approved the Updated Business Plan (UBP) that...
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, is planning to expand its office asset portfolio to 1 million square meters within the next five to ten years. In a statement, the firm said it is aiming to be the “country’s fastest growing REIT with the longest...
ABS-CBN Corporation is teaming up with Cathay CineHome, the streaming video rental service of leading cinema operator Cathay Cineplexes in Singapore, for the rental of Filipino movies. In a statement, the leading Filipino media and entertainment firm said its subsidiary ABS-CBN Australia Pty. Ltd....
The local stock market started the week flat while waiting for cues here and from overseas. The main index inched down 2.37 points or 0.03 percent to close at 6,968.14 with only the Services counter advancing while the Property sector led the retreat. 32210 Volume was low at 1.75 billion shares...
AllDay Supermarket, the fastest growing retail operator in the Philippines, continues its expansion push by opening more stores this year in line with its goal of having 100 branches by 2026. In a statement, the firm said it will be expanding its presence in Metro Manila with new locations in...
Architect’s perspective of Club Laiya That unique scent of the shore that tames negative energy. Birds chirping, creating wonderful music. Waking up to the majestic view of the sea and the calming sounds of the waves. Ending the day with the delightful sight of the sunset. These are just a few of...
The local stock market regained the previous day’s losses amid guarded optimism over the COVID situation. The main index rose 46.49 points or 0.67 percent to close at 6,970.51 with gains led by the Services and Mining and Oil counters while the Financials sector was the only one that retreated....
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, has set the final price for its initial public offering at P16.10 per share for a maximum offer size of P15.3 billion. In a disclosure to the Philippine Stock Exchange, the firm said it has also set the final number of...
Moody's Investors Service has affirmed the investment grade credit rating, with stable outlook, of China Banking Corporation (China Bank) on the back of the Bank’s strong capitalization, profitability, and liquidity amid the COVID-19 pandemic. 31493 In its September 3, 2021 report, Moody’s...
From left: PSPC President and CEO Cesar Romero; Mandaluyong vaccination site supervisor, Claire Cadampog; Shell companies in the Philippines Country Health Manager, Dr. Rose Rivera; and PSPC Vice President for Corporate Relations, Serge Bernal. Pilipinas Shell Petroleum Corp. (PSPC), in partnership...
