The Land Transportation Office (LTO) is set to start today, Oct. 28, the gradual rollout of driver’s license that is valid for 10 years to qualified motorists. (MANILA BULLETIN FILE PHOTO) LTO Assistant Secretary Edgar C. Galvante said the distribution of the license with extended validity will...
The Land Transportation Franchising and Regulatory Board (LTFRB) has so far distributed P4.7 billion payouts to drivers and operators under Service Contracting. (FILE PHOTO / MANILA BULLETIN) Based on the data provided by the LTFRB, the total compensation and incentives given to drivers and...
Real estate giant Ayala Land, Inc. (ALI) has successfully listed its new P3 billion 4.0776 percent p.a. fixed rate bonds in a virtual ceremony at the Philippine Dealing and Exchange Corporation (PDEX). The 10-year bond listing due 2031 is part of ALI’s newly approved third shelf registration...
Ayala Land, Inc. (ALI), through its Alagang AyalaLand (AAL) program, has sustained its plan to help communities recover from the pandemic through livelihood opportunities in its developments. In a statement, the firm said over 400 social enterprises (SEs) are now hosted and nurtured in its...
While the PSEi retreated right after breaching the 7,300 level, the market is seen to try to push it back again if it gets encouraging news from initial corporate earnings results as well as from the new COVID cases reports. “While the local market had a good run this past trading week, it was...
Two fixers offering "sure pass" emission testing and vehicle registration renewal to motorists at the Land Transportation Office (LTO) were arrested by joint elements of the Anti-Red Tape Authority (ARTA) and the Philippine National Poice (PNP) over the weekend. The two alleged fixers arrested by...
The Land Transportation Office (LTO) on Thursday, Oct. 21, reiterated that the mandatory inspection of motor vehicles at private motor vehicle inspection centers (PMVICs) is still suspended. A photo of busy EDSA thoroughfare packed with vehicles and people crossing the overpass days after Metro...
Affordable housing used to mean scrimping on common amenities, but it was only until Vista Land’s Lumina Homes launched its master-planned communities with its signature multi-purpose hall. The hall—far from the small “clubhouse” in other subdivisions—has a stage and can host sports...
Filinvest Land Inc., a member of the Gotianun Group, has obtained the highest Issue Credit Rating of PRS Aaa from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P10 billion. The firm disclosed to the Philippine Stock Exchange that it is planning a P8.0...
AREIT Inc., pioneering real estate investment trust sponsored by Ayala Land Inc., is planning to raise P3 billion from the issuance of fixed-rate bonds as the initial tranche of its proposed Debt Securities Program of up to P15.0 billion. The firm intends to use the net proceeds from the bond...
Instead of a fare increase, the Department of Transportation (DOTr) said it is planning to implement programs that will provide financial assistance to public utility vehicle (PUV) drivers and operators as a way to cushion the impact of the rising pump prices. (ALVIN KASIBAN / MANILA BULLETIN FILE...
The various residential brands under the Villar Group of developers presents an opportunity for those who are looking for alternative or even main source of income as the local economy continues to reel under the impact of the pandemic. Villar Group Chairman Manuel B. Villar Jr., the country’s...
