Vice President Leni Robredo has agreed that the people should participate in vetting the new Commission on Election (Comelec) commissioners who will be appointed by President Duterte next year. Vice President Leni Robredo (OVP) The President will appoint a new Comelec chairman and three...
AREIT Inc. (AREIT), the pioneer real estate investment trust in the Philippines, is moving towards net zero operational emissions and is on track to be the country’s first carbon neutral REIT. In a statement, AREIT underscored its commitment to Environmental, Social, and Governance (ESG)...
Local government units (LGUs) must employ plans of action to address the coronavirus disease-2019 (COVID-19) vaccine hesitancy as the government has stepped up its goal of attaining herd immunity in the country. “I have directed all the LGUs already to craft the Risk Communication Strategy to...
In the last year or so, there has been a new breed of real estate companies cropping up on the Philippine Stock Exchange (PSE). Real Estate Investment Trusts or REITs, are companies that invest in income-generating properties and distribute their earnings back to shareholders in the form of...
The Sun Life Investment Management and Trust Corp. (SLIMTC) has appointed global financial giant Citi as its middle office service provider in the Philippines. In a statement, Mike Enriquez, SLIMTC president said the mandate made Citi the first bank in the country to onboard a middle office client,...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo The President’s order preventing his cabinet from attending Senate investigation was no surprise. Every time Pharmally executives and staff open their masked mouths, testimonies accumulate to corroborate possible graft, swindling and plunder. If...
The fund management firm of the Manufacturers Life Insurance Co. (Philippines) unveiled a unit investment trust fund (UITF) that seeks to preserve capital and generate income by investing in fixed income securities and deposits. In a statement, Manulife Investment Management Philippines (Manulife...
Vice President Leni Robredo’s rating in the latest Pulse Asia election survey shows the continued public trust and support given to her even as she has been the subject of lies and misinformation, her spokesman said on Wednesday, September 29. Vice President Leni Robredo’s spokesman Barry...
The public listing of the Philippines’ fourth real estate investment trust (REIT) company amid the lingering pandemic confirms investor optimism in the country’s solid recovery, the government’s chief economic manager said. At the listing ceremonies in the Philippine Stock Exchange (PSE) on...
The prime location of MREIT buildings make it attractive to tenants as these are surrounded by various township components, like parks and residential developments. With four real estate investment trusts (REITs) already listed at the Philippine Stock Exchange, catching the interest of...
Editorial After waiting years for the right regulations to be put in place, the country’s top property developers were finally ready to launch their real estate investment trust offerings only to have the party crashed by COVID-19 which ignited so much volatility in the local stock market....
Metropolitan Bank and Trust Company (Metrobank) has launched its Metro Multi-Themed Equity Fund of Funds that will allow investors to invest in the digital industry overseas. The bank noted that, “Over the last year, the COVID-19 pandemic has completely overhauled the way society use and maximize...
