Reduced liabilities from its mothballed petrochemical unit, combined with stronger performances in travel and real estate, helped propel core earnings at JG Summit Holdings Inc., the country’s second-largest conglomerate by market value. In a disclosure to the Philippine Stock Exchange, JG Summit...
Ayala Land Inc.’s flagship real estate investment trust reported a subtantial increase in profit for the first nine months of the year, driven by contributions from its strategic asset acquisitions over the past two years. In a disclosure to the Philippine Stock Exchange, AREIT Inc. reported a 39...
Ayala Corp., the country’s oldest conglomerate, reported a sharp increase in profits for the first nine months of the year, driven by one-time gain tied to the revaluation of its stake in Gcash owner Mynt. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 13, the holding company...
Filinvest Land Inc., the listed property developer of the Gotianun group, reported a five percent improvement in consolidated net income to ₱3.64 billion in the first nine months of the year. “The company’s solid performance was fueled by sustained leasing momentum from its retail and office...
More developments today are embracing sustainable models that prioritize open spaces, that create environments where residents and guests can relax, work, and live harmoniously. Ayala Land Inc. continues to lead this movement, and together with Eton Properties Philippines Inc., it celebrates...
In real estate, creativity has become essential because it makes developments livable and meaningful. This is where Paloma Urquijo Zobel de Ayala, creative director of Ayala Land Hospitality, plays a key role. She takes a holistic approach to shaping the group’s hotels and resorts, guiding...
Ayala Land, Inc. (ALI) reported a net income of ₱21.4 billion for the first nine months of the year, marginally higher than the ₱21.2 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the real estate giant stated that its stable earnings were due to...
Robinsons Land Corp. (RLC) reported a two increase in attributable net income to ₱10.17 billion for the first nine months of the year, fueled by strong performance across its core businesses, particularly residential, malls, and hotels. In a disclosure to the Philippine Stock Exchange, the...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Robinsons Land Corp. (RLC), raised its cash dividends to ₱5.37 billion after revenue jumped 30 percent in the first nine months of the year, driven by portfolio expansion. Unaudited revenue surged to ₱7.66 billion for the nine...
As a progressive province in Luzon, Cavite’s economy recorded a Gross Domestic Product (GDP) of ₱822.15 billion in 2024, the second-largest provincial contribution to the national GDP in the country, benefiting from its proximity to Metro Manila and a robust network of industrial zones. The...
The Department of Human Settlements and Urban Development (DHSUD) led the distribution of land titles to some 700 families in Caloocan City on Thursday, Nov. 6, under the government’s mass housing projects. DHSUD Secretary Jose Ramon Aliling said the ceremony underscored the government’s...
Aboitiz Equity Ventures Inc. (AEV) reported an eight percent dip in consolidated net income to ₱17.3 billion in the first nine months of the year, from ₱18.8 billion in the same period last year, as surge in third-quarter earnings was not enough to offset softness in the first half. In a...