Real estate giant Ayala Land, Inc. has raised P2.78 billion from the sale of 75 million common shares of AREIT, Inc. at a transaction price of P37.00 per share. In a disclosure to the Philippine Stock Exchange, ALI said the shares, equivalent to about 2.33 percent of AREIT, were sold under a...
Property giant Ayala Land Inc. (ALI) is preparing another asset infusion into its real estate investment trust, AREIT Inc., following the divestment of P2.78 billion worth of AREIT shares. Philippine Stock Exchange data showed that three blocks sales of AREIT shares were done at the bourse...
Filinvest Land Inc., one of the property development arms of the Gotianun Group, is raising up to P12 billion from the offer and issuance of Philippine peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its executive committee has approved the...
For 52 years, Dolmar Land has stood as a testament to what happens when a company places people at the center of its ethos. Founded in 1972 by Mariano “MK” K. Tan, the real estate developer has not only endured but thrived, driven by a vision that prioritizes Filipino families and their...
(File photo) The Land Transportation Office (LTO) said Sunday, Dec. 8, that it will intensify the presence of its enforcers on the road amid an expected increase in the volume of vehicles for the Christmas season. LTO chief Asst. Sec. Vigor D. Mendoza II ordered all regional directors and heads of...
The Orchard Golf and Country Club had hosted both international and local golf tournaments, prominently the 1995 Johnnie Walker Classic and the 1996 World Golf Tour. Having developed 11 golf courses, the Sta. Lucia Group gained the distinction of being the Philippines’ leading golf developer....
I recently got a driver’s license. It is really a unique experience, especially since it has become quite easy to own personal vehicles nowadays, whether these be of the two- or four-wheel type. But, perhaps, what got my attention is not the process of getting a license as much as the location...
Senate Majority Leader Francis Tolentino hailed the indefinite suspension by the Land Transportation Office (LTO) of its controversial order prohibiting the use of temporary license plates beginning January 1, 2025. “A victory for motorcycle riders,” he said. “The suspension of its December...
​The Philippines and Israel have agreed to strengthen cooperation on tourism as more Filipinos are expected to visit the Holy Land and experience the country's rich history and culture. Tourism Secretary Christina Frasco and Israeli Tourism Minister Haim Katz, who is currently in the...
Senate Majority Leader Francis Tolentino joined on Tuesday, December 3, hundreds of motorcycle riders in their call for the Land Transportation Office (LTO) to release their long-delayed official license plates. “With less than a month to go before the LTO bans the use of temporary license plates...
Leaders and representatives of various transport groups and other stakeholders held a dialogue with the Land Transportation Office (LTO) regarding the implementation of a policy on the sale, donation and transfer of ownership of motor vehicles with existing registration. Organized by Angkas chief...
For Damosa Land, Inc. (DLI), the real estate developer under the Anflo Group of Companies, adopting green initiatives in their businesses poses a challenge. “We consider ourselves a full-scale real estate developer. We are in several real estate properties, from residential developments to...