The Land Transportation Franchising and Regulatory Board (LTFRB) on Monday, Oct. 18, issued a show cause order against two consortiums operating along the EDSA Busway for deploying insufficient numbers of buses on the route and for not paying the salary of their drivers and conductors under the...
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 country’s grand ambition for massive solar power installations could result in weaker food sustainability, because energy developments could snatch lands that could have otherwise been allocated for agricultural production, a study outcome of the Department of Energy (DOE) has shown. The DOE...
A P12 minimum fare is being eyed by several transport groups as they formally filed on Wednesday, Oct. 13, a petition for a fare increase amid skyrocketing fuel prices and financial woes triggered by the pandemic. (MANILA BULLETIN FILE PHOTO) Transport group leaders trooped to the Land...
The Securities and Exchange Commission (SEC) has approved the P2-billion maiden share offering by Medilines Distributors Incorporated and the P9.55 billion follow-on offering by Sta. Lucia Land, Inc. In its meeting on October 12, the Commission En Banc resolved to render effective the registration...
The Land Transportation Franchising and Regulatory Board (LTFRB) said it will review the fare hike petitions to be submitted by transport groups amid the rise in fuel costs as holiday season nears. (ALVIN KASIBAN / MANILA BULLETIN FILE PHOTO) "Kung sakaling mareceive ng aming opisina ang request...
The Securities and Exchange Commission has approved the P15.46 billion shares-for-asset swap between AREIT Inc. (AREIT), the pioneer real estate investment trust (REIT) in the Philippines, and its sponsor company Ayala Land Inc. In a disclosure to the Philippine Stock Exchange, AREIT said the SEC...
State-run Land Bank of the Philippines (LANDBANK) is lending P500 million to the local government unit (LGU) of Pangasinan largely to help the province buy more palay direct from farmers. A statement showed that LANDBANK signed a P500-million loan agreement with Pangasinan LGU particularly to...
Spread across Quezon City, San Juan, Mandaluyong, and Pasig are four master planned estates that exemplify the vision of Ortigas Land to build lasting spaces that balance life, work, and recreation. Now in its 90th year, Ortigas Land’s president and CEO Junie Jalandoni talked about the...
The Securities and Exchange Commission (SEC) has public offerings to raise about P87 billion planned by Ayala Land, Inc., Synergy Grid & Development Phils, Inc., Megawide Construction Corporation, and The Keepers Holdings, Inc. The Commission En Banc resolved to render effective the respective...
Real estate giant Ayala Land, Inc. has been recognized in separate annual surveys organized by leading business and finance publications Euromoney and Asiamoney. In a statement, ALI said it topped the residential and office developer categories of the 2021 Euromoney Real Estate Survey, an annual...
There is great uncertainty even in architecture A NEW LEGEND IS BORN Paul Tange, chairman and principal architect of Tange Associates “The pandemic has changed our environment, the way we work, and live. It negated everything. Our lifestyle altered,” stressed the...
