The Land Transportation Office (LTO) is eyeing the conduct of a nationwide motor vehicle registration caravan in a bid to encourage delinquent owners to register around 24.7 million vehicles with expired registration. LTO chief Vigor D. Mendoza II said part of the nationwide caravan is to simplify...
Enforcers of the Land Transportation Office-National Capital Region (LTO-NCR) have apprehended 68 motorists for driving unregistered motor vehicles amid the implementation of the “No Registration, No Travel” policy. LTO-NCR Regional Director Roque Verzosa III said the 68 violators were among...
The Land Transportation Office (LTO) has ordered a 90-day preventive suspension on the driver’s license of a truck driver involved in a road accident in Proac, Pampanga that left four minor siblings dead. LTO chief Vigor D. Mendoza II said a Show Cause Order was already issued against the truck...
The Land Transportation Office (LTO) has suspended the driver’s license of a motorist in a viral video of a road rage in Mandaluyong City involving an Angkas rider. LTO chief Vigor D. Mendoza II said the road rage resulted in serious injuries of the Angkas rider and his backrider after they were...
Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system. In a statement, SMC said the connection will be made via the upcoming South East Metro Manila...
The real estate landscape in the Philippines is set to witness a transformative force with the emergence of Federal Land NRE Global Inc. or simply FNG. This is born from the dynamic and strategic partnership between two real estate industry giants — the Philippines’ Federal Land, Inc. and...
Vista Land & Lifescapes Inc., the flagship real estate company of richest Filipino Manuel B. Villar, has set the interest rate for its peso-denominated fixed-rate bonds worth up to P10 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the rate has been pegged at...
The Land Transportation Office (LTO) has impounded 41 motorcycles as it starts the implementation of “No Registration, No Travel” policy after its data disclosed that there are around 24.7 million motor vehicles with expired registration across the country. The 24.7 million delinquent motor...
Three state-run banks and insurance corporations received the highest ratings for corporate governance in 2022 from the Governance Commission of GOCCs (GCG). During the Government-owned and Controlled Corporations (GOCC) governance awards on Monday, Nov. 20, the Land Bank of the Philippines...
AREIT Inc., the real estate investment trust of Ayala Land Inc., is acquiring P6.77 billion worth of industrial assets from another member of the Ayala Group, ACEN Corporation, to bolster its portfolio further. In a disclosure to the Philippine Stock Exchange (PSE), AREIT said it is acquiring 276...
To enhance investment returns, the Social Security System (SSS) has tapped two government-owned banks to serve as its local fund managers for the next three-year period. Rolando Ledesma Macasaet, SSS president and chief executive officer said, the pension fund has allocated P2 billion in...
Filinvest Land Inc., a member of the Gotianun Group, reported that the Securities and Exchange Commission (SEC) has approved the shelf registration of its P35-billion Peso-Denominated Fixed-Rate Bonds. In a disclosure to the Philippine Stock Exchange (PSE), FLI said the SEC has also approved its...
