Land Bank of the Philippines (LANDBANK) has opened a new credit facility that will fund 90 percent of borrowers’ investment requirement, but this is only if the borrower is either a farmer or a micro, small, and medium enterprise (MSME) engaged in the agricultural value chain of certain...
This is part of a series of profiles on a new generation of leaders, thinkers, creators, innovators, and trailblazers across many fields in the country. The list is drawn under the theme “What’s Now, What’s New, What’s Next” in celebration of Manila Bulletin’s 121st anniversary as an...
The Land Bank of the Philippines’ (LANDBANK) agricultural loans grew from P236.31 billion in 2019 to P237.62 billion in 2020, more than half of which were given to small, medium, and large agribusinesses. Of the P237.62 billion total outstanding loans, small, medium, and large agribusiness...
Filinvest Land Inc. is planning to convert its wholly-owned subsidiary, Cyberzone Properties Inc. (CPI), into a Real Estate Investment Trust (REIT) Company. In a disclosure to the Philippine Stock Exchange, FLI said the move has been approved by its Board of Directors. “CPI is intended to be...
AREIT, Inc. (AREIT), a subsidiary of Ayala Land, Inc. (ALI), reaped multiple international awards and citations in 2020 as the first Real Estate Investment Trust (REIT) to list in the Philippine Stock Exchange (PSE) last year. The landmark debut saw AREIT successfully complete its initial public...
Vista Land’s mass housing arm, Lumina Homes (http://lumina.com.ph ), is set to unveil a surprise — a condominium property at the heart of a provincial city south of Metro Manila. The new offering promises an exclusive condominium development with complete amenities, in a fraction of the price...
In a bid to be more accessible to farmers and fishermen, state-run Land Bank of the Philippines (LandBank) had set up different ‘Agri-Hubs’ across the country. In a statement, LandBank said that it has established the first four Agri-Hubs in December to bring financial services closer to more...
Business tycoon Manuel B. Villar has emerged as the only Filipino listed in Bloomberg Billionaire Index, a daily ranking of the world’s top 500 richest people, amid the economic turmoil caused by the pandemic. Business tycoon Manuel B. Villar (FACEBOOK / FILE PHOTO / MANILA BULLETIN) Based on the...
AREIT, Inc., Ayala Land’s real estate investment trust, has acquired 9.8 hectares of land from Ayala Corporation’s subsidiary Technopark Land, Inc. (TLI) in Laguna Technopark through a deed of sale for P1.1 billion (VAT-inclusive). In a disclosure to the Philippine Stock Exchange, AREIT said...
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, is optimistic about its prospects in iews 2021 following its recent developments amid the pandemic. “While COVID-19 continues to impact our performance, both...
The Emmy and Peabody Award-Winning series Adventure Time returns to Asia with Adventure Time: Distant Lands – four new one-hour original specials. The first, entitled BMO, is now available to stream on HBO GO. These long-awaited new specials will continue Cartoon Network’s Adventure Time...
While there is still momentum in the local stock market from last week’s rally, its sustainability will hinge on whether there will be more positive news on COVID-19 vaccines and the US stimulus package. BDO Chief Market Strategist Jonathan Ravelas said that, after hopes of a vaccine fueled last...
