The Bureau of the Treasury is set to disburse the P75 billion seed capital to the Maharlika Investment Corp. (MIC) sourced from the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). This decision comes following the approval by the MIC Board, chaired by Finance...
Real estate giant Ayala Land Inc. (ALI) has raised P5.63 billion from the sale of shares of real estate investment trust AREIT Inc. at P31.10 per share, lower than the P34 per share valuation of its upcoming share swap for P23 billion. In a disclosure to the Philippine Stock Exchange (PSE), ALI...
Vista Land & Lifescapes Inc., the flagship property development firm of richest Filipino Manuel B. Villar, is reaching out to overseas investors to raise fresh funds under the $2-billion medium term note program of subsidiary VLL International Inc. In a disclosure to the Philippine Stock...
Land Transportation Office (LTO) chief Asst. Sec. Vigor Mendoza II (second from left) presents on Friday, Jan. 26, three LTO employees who were allegedly caught stealing licensed plates at the agency's Plate Making Plant in Quezon City. With him are Renante Militante (left), head of LTO...
Ayala Land Premier heralds first corporate tower development One Vertis Plaza Ayala Land Premier (ALP), the legacy brand for premium properties of listed, full-line real estate company Ayala Land Inc. (ALI), has added a new dimension to its solid reputation as the top high-end real estate developer...
Federal Land representatives received ‘Best Branded Residential Development (Asia)’ award at PropertyGuru Asia Property Awards held last Dec. 8, 2023 in Bangkok, Thailand. Federal Land Inc., a proud member of GT Capital Holdings, parlayed its multiple award wins at the Property Guru Philippines...
Real estate giant Ayala Land Inc. is doubling the capacity of its SEDA hotel brand while undertaking a two-year renovation of four of its biggest malls in a bid to further increase foot traffic by making them provide a better shopping and dining experience to customers. ALI Senior Vice President...
Mariana Zobel de Ayala, executive director of the country’s oldest conglomerate Ayala Corp., said the catastrophic impact of the ongoing climate change requires corporations to take drastic steps to counter this as they can longer go on with “business as usual.” “It is our belief that...
Sen. Grace Poe said on Tuesday, January 23, that concerned agencies must prioritize contingency measures to ensure that the mobility of our commuting public will not be hampered. In a statement, Poe stated that this should be done instead of just training its sights on the crackdown of...
LTO chief Asst. Sec. Vigor D. Mendoza II presides the command conference held on Monday, Jan. 22, 2023, and discusses strategies on how to effectively carry out anti-colorum operations and the "No Registration, No Travel" policy. (photo: DOtr) The Land Transportation Office (LTO) is now...
Anthony together with his teammates Despite the growing awareness and appreciation of arts in the Philippines, one thing remains the same—it is not a sustainable career, especially for beginners. So, it’s not surprising that even those with a natural knack for it opt to pursue stable corporate...
Premier real estate developer Federal Land, Inc. recently broke ground for its newest community development in Biñan, Laguna. The milestone event marks the official start of construction of Meadowcrest, a 50-hectare, multi-use master planned community development in the Sta. Rosa-Tagaytay...
