Robinsons Land Corp. sponsored real estate investment trust (REIT), RL Commercial REIT, has started its offer period after it secured an approval from the Securities and Exchange Commission (SEC). The initial public offering is up to Php 23.53 Billion. Details of the final REIT plan may be accessed...
RL Commercial REIT, Inc. (RCR) has kicked off its P23.5 billion initial public offering which has generated strong institutional interest following its book-building process. 28461 In an interview, RCR Chairman and President of sponsor Robinsons Land Corporation Frederick D. Go said in a media...
Department of Transportation (DOTr) Secretary Arthur P. Tugade has directed the Land Transportation Office (LTO) to put on hold the implementation of the mandatory motor vehicle inspection system until issues have been fully resolved. (FILE PHOTO / MANILA BULLETIN) In a statement on Tuesday, Aug....
Is Agrarian Reform Secretary John Castriciones using the distribution of agricultural land titles as launchpad for the 2022 elections? The Department of Agrarian Reform, as a government agency, does not think so. On Tuesday, Aug. 24, DAR issued a statement saying that Castriciones has been active...
The Gokongwei Group’s RL Commercial REIT Inc. (RCR) has set its final initial public offering price at P6.45 per share, making it the country’s largest real estate investment trust with a market capitalization of P64.2 billion. The firm is raising up to a total of P23.51 billion from its maiden...
Operations at the Land Transportation Franchising and Regulatory Board's (LTFRB) offices in Metro Manila will remain suspended until the end of the month despite the region's shift to modified enhanced community quarantine (MECQ). (File Photo / MANILA BULLETIN) Aside from restrictions under the...
Over 4,800 hectares (has) of idle government-owned lands are up for distribution to farmers in the Bangsamoro region down south, the Department of Agrarian Reform (DAR) said Wednesday, Aug. 18. (File photo/ MANILA BULLETIN) Agrarian Secretary Brother John Castriciones disclosed that around 4,800.34...
The Land Transportation Franchising and Regulatory Board (LTFRB) has labeled as "misleading" the news reports saying that only a measly 1 percent of its P5.56-billion fund for public utility vehicle (PUV) drivers and operators affected by the coronavirus disease (COVID-19) pandemic ended up being...
"I'm smarter." President Duterte urged Filipinos to believe in him and the government and not the communists, saying he had already resolved the issue of agrarian reform-- proof that he is smarter than the rebels. President Rodrigo Roa Duterte (Malacañang photo) In his pre-recorded public...
More than a hundred farmers will become land owners soon as the Department of Agrarian Reform (DAR) is set to carry out distribution ceremonies for land titles in Camarines Sur on Aug. 18 and 19. DAR Secretary Brother John Castriciones (Photo from DAR Facebook page) A total of 137 agrarian reform...
It has been said that 2021 is the year of the REIT (real estate investment trust)`after two initial public offerings with a combined market capitalization of P74.36 billion plus two more IPOs in the pipeline with a maximum combined market cap of P128.43 billion. Makati CBD skyline These four IPOs...
Transport group Pinagkaisang Samahan ng mga Tsuper at Operators Nationwide (PISTON) prodded on Monday, Aug. 16, the Land Transportation Franchising and Regulatory Board (LTFRB) to immediately release the funds intended for drivers and operators affected by the coronavirus disease (COVID-19)...
