The local stock market is seen to remain volatile as sentiment continues to be weighed down by the weak peso, delayed interest rate cuts, and persistently-high inflation. “Broader market movements last week reflected a more hawkish US Fed, as officials indicated their lack of confidence to...
AVANT GARDENER This column concludes the three-part series on textile conservationist and cultural advocate Raffy Tesoro’s bid to revive Philippine muslin, commonly known as kulambo. Last week, I wrote about the economic potential of Philippine muslin, some of the challenges Tesoro and his team...
Eton Properties Philippine Inc., the domestic real estate arm of taipan Lucio Tan, is planning to launch two residential communities envisioned to be oases in an urban setting and introduce a new hotel brand in the next two to three years. Eton President and CEO Kyle C. Tan During the...
SM Supermalls President Steven Tan, SM Engineering Design and Development President Hans Sy Jr., Caloocan City Mayor Dale Gonzalo "Along" Malapitan, Diocese of Novaliches Bishop Roberto Qrendain Gaa, Vice Mayor Karina Teh, and SM Food Retail Executive Director Hendrik Sy SM City Caloocan officially...
AVANT GARDENER (Part II) Last week, I talked about textile conservationist and cultural advocate Raffy Tesoro’s bid to revive Philippine muslin, more commonly known as kulambo, the fabric used as mosquito netting before plastic became de rigeur, and how for this revitalization to happen, training...
Tycoon Andrew Tan’s holding company Alliance Global Group Inc. is infusing P2.61 billion into property development subsidiary Megaworld Corporation through subscription of new shares. In a disclosure to the Philippine Stock Exchange, AGI said its Board of Directors has approved the subscription...
Award-winning writer and former Manila Bulletin Agriculture magazine editor Yvette Tan, one of the Philippines' acclaimed horror writers, won 3rd place with her short story "Horror Vacui" at the Nick Joaquin Literary Awards 2024. Yvette co-hosted “Trese After Dark,” the behind-the-scenes...
Citicore Energy REIT Corporation (CREIT) reported an 18 percent growth in net income to P359.27 million in the first quarter of 2024 from P304.95 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a 26 percent increase in revenues at P473...
Top township developer Megaworld Corporation is allotting P55 billion for capital expenditures this year as it ramps up the development of malls and office buildings to expand its leasing portfolio. Alliance Global Group, Inc. Chief Executive Officer and Megaworld Chief Strategy Officer Kevin L....
MREIT, Inc., the real estate investment trust of the country’s largest office landlord Megaworld Corporation, is acquiring six office properties with a total value of P13.15 billion. In a statement, MREIT said that, upon the approval of the Securities and Exchange Commission (SEC), the...
SM City Caloocan, SM Prime Holdings Inc.’s 86th Supermall in the country and the third one in Caloocan, opens its doors to the public on May 17, 2024. The City of Caloocan is a first-class highly-urbanized city divided into two distinctive clusters, south and north. South Caloocan is bordered by...
AVANT GARDENER The Philippines has lost a lot of indigenous and endemic crops that have, because of commercial reasons, stopped being cultivated. One of these is Philippine cotton. Textile conservationist and cultural advocate (just two of the many hats he wears) Raffy Tesoro plans to revive...
