Citicore Energy REIT Corporation (CREIT), the country’s first and largest renewable energy real estate investment trust, posted a 12 percent improvement in net income to P1.4 billion last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its revenues rose 31 percent to...
Flag carrier Philippine Airlines (PAL), the operating subsidiary of PAL Holdings Inc., reported a 92 percent jump in net income last year to $379 million or P21 billion, an all-time high and under the first year of leadership of Lucio Tan III, from the $197 million or P11 billion earned in 2022. In...
AVANT GARDENER A blessed Good Friday, everyone! There are two main activities that Filipinos engage in during Holy Week. One is religious observance, and the other is going on vacation. It is in the spirit of the latter that I write this column. Ask almost anyone who’s worked in the local...
Jollibee Foods Corporation (JFC), through its wholly owned subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL), is acquiring a 10 percent stake in automated coffee and tea dispenser firm Botrista Inc. for $28 million. In a disclosure to the Philippine Stock Exchange (PSE), JFC said it has signed...
The Sy family’s flagship SM Investments Corporation (SMIC) has come in as a strategic partner in Citicore Energy REIT Corporation (CREIT) with the acquisition of a 28.79 percent stake for P5 billion from shareholders led by billionaire Edgar Saavedra. In a disclosure to the Philippine Stock...
AVANT GARDENER I was asked to give a talk on urban farming at the National Center for Mental Health’s Livelihood Ideas for Financial Empowerment program in celebration of Women’s Month. Here’s a condensed version of my speech: The pandemic showed us that food security is important. We saw how...
Citicore Energy REIT Corporation (CREIT) declared cash dividends amounting to P353 million or P0.054 per share which is 10 percent higher than the P0.049 a share dividend declared in the previous quarter. In a disclosure to the Philippine Stock Exchange (PSE), the firm said this brings total...
The Multiple Intelligence International School (MIIS) has found its new home at Parklinks, the 35-hectare mixed-use estate in Pasig City developed through a collaboration between Ayala Land, Inc. and Eton Properties. Leading the groundbreaking event on March 11, 2024 were prominent figures...
On Wednesday, March 13, 2024, the 680-room Hotel 101 - Madrid has progressed with two milestone activities on the same day as it conducts its groundbreaking ceremony and signs the construction contract with Ferrovial Construction at Valdebebas in Madrid, Spain. The groundbreaking ceremony was...
AVANT GARDENER Last week, the anime world mourned the passing of Akira Toriyama, the creator of Dragon Ball Z (DBZ). I’ve only seen parts of it in passing, just enough to be familiar with some characters and to know what the Kamehameha (Kamehame wave in the Filipino dub) energy wave attack is and...
Kamille Abapo, Lloyd T. Tan, Cyndy Tan Jarabata, Jules Kay, and John Richard Sotelo (Photo courtesy of PropertyGuru PH) PropertyGuru recently unveiled the PropertyGuru Philippines Property Awards 2024 during a media presentation on March 7 at the Grand Hyatt Hotel in Taguig City. The 12th annual...
Hilton is pleased to announce the appointment of Maria Ariizumi as vice president of development for South East Asia. Maria joins Hilton from Swire Hotels where she led efforts to set up Swire's third party hotel development platform, with her responsibilities spanning hotel development, planning,...
