The Land Transportation Office (LTO) has issued a Show Cause Order (SCO) against the registered owner of a sports utility vehicle (SUV) whose driver engaged in a violent confrontation with a bicycle rider in Marikina City. LTO chief Vigor Mendoza II said the SCO is part of the ongoing...
The Land Transportation Office-National Capital Region (LTO-NCR) has opened a Driver's License Renewal Office (DLRO) at the Ayala South Park Mall in Muntinlupa City, the 30 th license renewal office in Metro Manila. LTO-NCR director Roque I. Verzosa III said the move is to bring the agency’s...
The Land Transportation Office (LTO) is eyeing the production of 42,000 plates per day as part of the measures to address the 13 million backlog in license plates for motor vehicles and motorcycles. LTO chief Vigor Mendoza II said around 11 machines will be in full operation starting next month,...
Ayala Land Inc. (ALI) and the International Finance Corporation (IFC) have signed a Memorandum of Understanding (MOU) for a partnership that would help accelerate the transition of the Philippine property sector toward net zero. Under this historic agreement, ALI and its real estate investment...
The Land Transportation Office (LTO) issued on Monday, Sept. 25, a Show Cause Order (SCO) against the registered owner of a vehicle whose driver figured in a road rage with a fellow motorists in Cavite. The video of the incident went viral after it was posted on social media and this became the...
Philippine Rating Services Corporation (PhilRatings) has assigned its highest Issue Credit Rating of PRS Aaa to Filinvest Land Inc.’s planned bond issuance of up to P12 billion. FLI is planning a P10 billion bond issuance, with an oversubscription option of up to P2 billion. The bonds were...
GENERAL SANTOS CITY – Police are eyeing land conflict as a possible motive in the murder of a Marine reservist by motorcycle-riding gunmen in Barangay Sinawal, this city, on Friday, September 22. Police Major Carl Jayson Baynosa, Police Station 2 commander, said they are looking at a land...
Credit Rating and Investors Services Philippines Inc. (CRISP Ratings) has reaffirmed its “AAA” issuer rating with a stable outlook on real estate tycoon Manuel B. Villar's Vista Land and Lifescapes Inc. (VLL). The highest rating was given based on the firm’s market leadership in property...
Richest Filipino Manuel B. Villar Jr.’s Vista Land and Lifescapes Inc. has received the highest PRS Aaa issue credit rating, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. Vista Land, one of the country’s...
The Land Transportation Office (LTO) has ordered all its regional directors to step up coordination with the Bureau of Customs (BOC) in a bid to address smuggling of vehicles into the country. LTO chief Vigor Mendoza II said the coordination with the BOC will ensure that no smuggled vehicles would...
Vista Land & Lifescapes Inc., richest Filipino Manuel B. Villar’s integrated real estate developer, is raising up to P10 billion from bond offering to be taken from its planned shelf registration of P35 billion worth of bonds. Vista Land Chairman Manuel B. Villar Jr. surveying his land bank...
Lee Jun-ho, star of the hit drama “King the Land” and a member of K-pop group 2PM, will be holding his fan meeting in Manila in November. JYP Entertainment, 2PM’s agency, announced on Sept. 12 that the “Junho The Moment 2023” 1st Fanmeeting Tour will be held on Nov. 11 in Manila. No...
