The Securities and Exchange Commission (SEC) has approved the P11.26 billion assets-for-equity swap between AREIT Inc. (AREIT), the Philippines’ pioneer real estate investment trust, and its sponsor Ayala Land, Inc. (ALI). In a disclosure to the Philippine Stock Exchange, AREIT said ALI will...
Uneco Land Corporation built an illegal ranch where the Silang (Aguinaldo) Interchange of the P35.7 billion Cavite-Laguna Expressway (CALAX) passes through, Silang Mayor Kevin Anarna alleged. According to the town mayor, the Office of the Local Building Official of the Municipality of Silang, "has...
FROM THE MARGINS I have a deeper appreciation of agricultural microfinance after my recent visit to Bacolod, where I met with sugar farm workers and beneficiaries of the Comprehensive Agrarian Reform Program (CARP). I also had the opportunity to commune with officers of the Negros Women for...
The Libreng Sakay (free bus ride) program that started in late 2020 is an initiative that shows government is listening to the people. Recently, when news reports announced that the program would not be extended after it ended on Dec. 31, 2022, people – especially those who needed the free rides...
Twelve private emission testing centers (PETC) have been suspended for 90 days by the Land Transportation Office (LTO) for allegedly faking and tampering emission testing results. (Photo courtesy of the LTO) Following a directive from LTO Chief Assistant Secretary Jose Arturo Tugade, the...
Filinvest REIT Corporation (FILRT), the real estate investment trust sponsored by Filinvest Land Inc., is planning to expand its asset portfolio by 64 percent or by 64,417 square meters in gross leasable area over the next three years. In a disclosure to the Philippine Stock Exchange, the firm said...
A driving school in Palawan has been slapped with a 30-day suspension for allegedly committing violations in its accreditation, the Land Transportation Office (LTO) announced on Monday, Jan. 9. LTO Mimaropa Acting Regional Director Manuel Betaizar said the driving school, the name of which was not...
Vista Land & Lifescapes, Inc.,the country’s largest homebuilder and one of the leading integrated property developers, has obtained a Three-Year Corporate Note Facility of up to P12.0 billion. In a disclosure to the Philippine Stock Exchange, the firm said it has made an initial drawdown of...
Ayala Corporation received the highest rating, among Philippine conglomerates, from UK-based Carbon Disclosure Project (CDP)—the world’s largest, most comprehensive dataset on environmental action. In a statement, Ayala said it received a B rating this year, higher than the Asia regional...
ROSALES, Pangasinan – About 563 Agrarian Reform Beneficiaries (ARBs) from six municipalities and one city in this province have received their land titles from the Department of Agrarian Reform (DAR). ESTRELLA (DAR Pangasinan FB) DAR Secretary Conrado Estrella III said the activity was line...
Junior golfers Levone Talion; Precious Zaragosa; Quincy Yongche Pilac; Jorgie Handog; Kamilla del Mundo; Gabie Rosca; Reese Ng; (L-R, back) Federal Land President and COO Thomas Mirasol and Fil-Japanese pro-golfer Yuka Saso By NIKOLE JAVIER Yuka Saso sees a special connection between her...
The Land Transportation Office (LTO) on Friday, Dec. 23, warned the public not to use commemorative license plates on their motor vehicles without permission or they risk facing fines and other consequences. (Photo courtesy of the Land Transportation Office) Assistant Secretary Jose Arturo “Jay...
