AREIT Inc. (AREIT), the pioneering real estate investment trust (REIT) sponsored by Ayala Land Inc., marked its first anniversary since it debuted on the Philippine Stock Exchange with another cash dividend declaration. Delivering on its commitment to its shareholders, AREIT has declared dividends...
The Commission on Audit (COA) has blamed lapses in the performance of the Land Transportation Office (LTO) for the long delay in the distribution of over 10 million motorcycle and car plates worth P2.15 billion. Plate number This audit observation is contained in the 2020 annual audit report of the...
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, posted a 9 percent improvement in net income to P3.8 billion for the first semester of 2021 from the same period last year. 25816 In a disclosure to the Philippine Stock...
The Criminal Investigation and Detection Group (CIDG) arrested the leader of a land-grabbing syndicate and his two men in a raid in Rodriguez, Rizal wherein a cache of firearms were also confiscated. Reportedly, the group of 63-year old Rodelio Caballes is considered as a go-to group if some...
Seventeen at their online fan meeting (Pledis Entertainment) K-pop boy band Seventeen held their fifth online fan meeting “Seventeen in CARAT Land” on Aug. 8 that attracted 98,000 viewers worldwide (including duplicate access). Billed as a celebration with fans, the four-hour long event...
Real estate giant Ayala Land Inc. is raising up to P5.5 billion from a planned offering of fixed-rate retail bonds with a 10-year tenor. The issuance consists of the base issue of P2.75 billion in relation to the first tranche of ALI’s new 3-year Securities Program (2021 SP) of up to P50 billion,...
The Land Transportation Franchising and Regulatory Board (LTFRB) said drivers and operators of public utility vehicles (PUVs) will no longer have to pay terminal fees in some malls during the two-week enhanced community quarantine (ECQ) in Metro Manila. (File photo/ MANILA BULLETIN) In a statement,...
Robinsons Land Corporation (RLC), the real estate arm of the Gokongwei group of companies, reported a 48 percent jump in net income to P5.45 billion for the first six months of 2021. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose by 55 percent to P26.00...
A measure seeking to simplify the procedures and requirements in granting land titles has been signed into law by President Duterte. President Rodrigo Duterte (File photo/Malacañang) Republic Act No. 11573, or an Act Improving the confirmation process for imperfect land titles, introduced...
The Securities and Exchange Commission (SEC) has approved the planned initial public offerings (IPO) of real estate investment trusts (REIT) sponsored by Robinsons Land Corporation (RLC) and Megaworld Corporation with a combined value of P54 billion. The Commission En Banc resolved to render...
Real estate giant Ayala Land Inc. (ALI) posted a 34 percent jump in consolidated net income to P6 billion in the first half of the year as revenued rose 19 percent to P49 billion. In a disclosure to the Philippine Stock Exchange, the firm said it saw significant improvements in performance compared...
Police have arrested the most wanted person in Malay town of Aklan who was accused of killing a liaison officer of a security agency over a land dispute at the world-renowned Boracay Island. Nabbed was 39-year old Edwin Villar Lampute who used to be connected with a security agency tapped to secure...
