MREIT Inc., the real estate investment trust (REIT) of Andrew Tan-led Megaworld Corp., has secured the Securities and Exchange Commission’s (SEC) approval for the fourth wave of its property-for-share swap transaction worth ₱16.2 billion. This paves the way for MREIT to proceed with the...
Citicore Energy REIT Corp. (CREIT) secured a high-grade issuer credit rating from Philippine Rating Services Corp. due to its robust financial position amid aggressive expansion of its green asset portfolio. PhilRatings assigned an issuer credit rating of PRS Aa plus (corp.) to the Philippines’...
PHINMA Education Holdings Inc., a subsidiary of Del Rosario-led PHINMA Corp., is expanding its presence in the southern part of Metro Manila as well as parts of Laguna and Cavite by acquiring a controlling 84.91-percent stake in Southeastern College Inc. for ₱690 million. In a disclosure to the...
In Asia Connect Manila 2026, PropertyGuru Philippines Property Awards rolled out this year 's program for its 14th edition. Held at the Blackbird at the Nielson Tower, the launch revealed this year’s timeline, the list of awards, and the introduction of new categories to the gathering of...
DoubleDragon Corp.’s hospitality arm, Hotel101 Global Holdings Corp., opened its Madrid flagship, the first time a homegrown Filipino hotel brand has expanded operations into the European market. In a statement , DoubleDragon said the 680-room Hotel101-Madrid, located in the Valdebebas district,...
LAOAG CITY – Thousands of spectators witnessed pride, unity, and greatness through the 13th Tan-ok ni Ilocano Festival, the mother of all cultural festivals in Ilocos Norte province, at Ferdinand Marcos Stadium here on Saturday night. A total of 22 contingents showcased their culture and talents,...
LAOAG CITY – Around 700 security and safety personnel have been deployed to ensure a peaceful, orderly, and joyful celebration for the Tan-ok ni Ilocano Festival at the Ferdinand E. Marcos Memorial Stadium here on Feb. 28, police bared Thursday. Police Major Kristian Lee Badua, acting chief of...
The Securities and Exchange Commission (SEC) has issued the final version of its tiered minimum public ownership (MPO) requirement for initial public offerings (IPOs), a move expected to entice major corporations such as GCash and Maya to list their shares locally rather than seek overseas bourses....
Jollibee Foods Corp., the Philippine dining giant that has aggressively expanded its international footprint, has agreed to acquire South Korea’s Shabu All Day for 125.86 billion won (₱5.1 billion) as it seeks to capitalize on the rapid growth of the global hot pot market. JFC announced on...
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are moving to revitalize the domestic capital market by introducing rules for Global Philippine Depository Receipts, which would allow local investors to trade foreign stocks in the local currency. SEC Chairman...
Sulu Vice Gov. Abdusakur Tan wants vessels of Aleson Shipping Lines banned in Sulu province and the license of the shipping firm revoked following the tragic sinking of the MV Trisha Kerstin 3 in the sea of Baluk Baluk Island in Basilan province last Jan. 26. Tan, during a hearing at the House of...
AVANT GARDENER (Part II) Last week I introduced you to “Amy,” an urban beekeeper who, because of stories of uninformed people unfairly complaining about urban beekeepers, has chosen to keep her identity a secret. Here is part two: Amy characterizes her first season of beekeeping as filled with...
