The Land Transportation Office (LTO) will coordinate with the management of Facebook Philippines in taking down accounts that have been offering online assistance for driver’s license and motor vehicle registration transactions. LTO chief Vigor D. Mendoza II said he already tasked all the...
Robinsons Land Corporation announced that Angelo Ascue, Hotel Manager for Summit Hotel Greenhills and Magnolia under Robinsons Hotels and Resorts, has been bestowed with the highly esteemed "Manager of the Year" award at the recently concluded 26th Mabuhay Awards. In a statement, RLC said Ascue is...
The Gotianun Group’s property development arm Filinvest Land Inc. (FLI) has successfully raised P11.43 billion in fresh capital from the bond market to fund capital expenditures and refinance debt. In a disclosure to the Philippine Stock Exchange (PSE), FLI said its 3.5-year peso fixed-rate...
The Land Transportation Office (LTO) has suspended for 90 days both the registration and driver’s license of a motorist who stopped his sports utility vehicle (SUV) in the middle of C-5 Road in Taguig City and confronted a truck driver in another road rage incident that went viral on social...
AREIT Inc. (AREIT), the real estate investment trust of Ayala Land Inc. (ALI), is expanding to the hospitality business as part of its largest acquisition next year of P29.77 billion worth of prime commercial properties. In a disclosure to the Philippine Stock Exchange (PSE), AREIT is purchasing...
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...