Ayala Land subsidiary AREIT Inc., the first Philippine real estate trust, reported a 45 percent jump in net income to P1.47 billion in the first quarter of 2024 from the same period last year, excluding the net fair value change in investment properties. In a disclosure to the Philippine Stock...
The Land Transportation Office (LTO) assured that there would be no more backlog of driver’s license cards and car plates by July 1. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting on the modernization of the Philippine Government Electronic Procurement System in...
Land Transportation Office (LTO) chief Assistant Secretary Vigor Mendoza II on Tuesday, May 14, warned car dealers that they could have their dealerships closed if they fail to release license plates within 11 days from a car’s purchase. This came after he also announced that the LTO has...
Antipolo City 2nd Rep. Romeo Acop (PPAB) The House Committee on Transportation learned from the Land Transportation Office (LTO) Monday, May 13 that the agency wasn't amenable to terminating its land transportation management system (LTMS) contract...
Richest Filipino Manuel B. Villar Jr.’s Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, is planning to offer 50 million preferred shares. Vista Land Founder and Chairman Manuel B. Villar Jr. In a disclosure to the...
As Filipinos, we instinctively reserve every second Sunday of May to celebrate Mother’s Day. In this special issue, Manila Bulletin Property Living curated a list of unique activities to celebrate in locales and properties that offer a blend of luxury, relaxation, and entertainment. It’s the...
The Gokongwei Group’s property development arm Robinsons Land Corporation (RLC) plans to expand its residential, mall, and logistics businesses to the tune of P22 billion in capital expenditures. During the firm’s annual stockholders’ meeting, RLC President Lance Gokongwei said "In 2024, we...
Mandarin Hotel (Artist's perspective) Ayala Land, Inc. (ALI) and Mandarin Oriental Hotel Group (MOHG) have officially started the countdown to the storied hospitality brand’s return to Makati City, the commercial heart of the Philippines. Meean B. Dy, ALI president and CEO; Mariana Zobel de...
The Zobel family’s real estate giant Ayala Land, Inc. reported a 39 percent jump in net income to P6.3 billion for the first quarter of 2024 while consolidated revenues increased by 33 percent to P41.0 billion from the first quarter of 2023. In a briefing, ALI said it delivered significant...
The Land Transportation Office (LTO) will be using its newly-launched hotline in information gathering to enforce President Marcos' order to run after those who are not authorized to use sirens and blinkers. In a statement, LTO chief Assistant Secretary Vigor D. Mendoza II said concerned citizens...
Real estate giant Ayala Land Inc. (ALI) is planning to issue P6 billion worth of Sustainability-linked Bonds, which has been assigned the highest Issue Credit Rating of PRS Aaa by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said the proceeds of the proposed...
Alveo Land, the upper-middle income brand of Ayala Land Inc., is off to a strong start this year as it reported a record P12.7 billion in gross take up for the first quarter of 2024. Alveo President Joseph Carmichael Z. Jugo In a press briefing, Alveo President Joseph Carmichael Z. Jugo said this...
