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...
Check out what it is bringing to the store and earn a special reward Championing Filipino artisans and providing sustainable means of livelihood, those have been the mission of Rag2Riches Inc. (R2R) since its establishment in 2007. Led by Reese Fernandez-Ruiz, the social enterprise does it by...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Dr. Andrew L. Tan, tripled its net income to P12.8 billion in the first half of 2021 from P4.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said earnings were boosted by its...
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 Philippine Stock Exchange’s Board of Directors has approved the listing of the shares of RL Commercial REIT, Inc. (RCR) paving the way for the real estate investment trust’s initial public offering worth up to P26.7 billion. Upon its target listing, RCR is poised to be the largest REIT by...
LT Group, Inc. (LTG) posted a 63 percent drop in attributable net income to P3.73 billion in the first half of 2021 from the P10.03 billion earned in the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “This is mainly due to the higher provisioning for credit...
D&L Industries the country’s largest specialty food ingredients, plastics and oleochemicals firm, sustained its strong recovery in the second quarter of 2021, setting the stage for the firm to exceed its pre-pandemic earnings in 2019. In an online press briefing, D&L President Alvin D....
Cosco Capital, Inc., the retail holding firm of businessman Lucio L. Co, reported an 18 percent improvement in consolidated net income to P4.99 billion for the first half of 2021 from the P4.23 billion posted in the same period last year. In a disclosure to the Philippine Stock Exchange, Cosco said...
Metro Retail Stores Group, Inc. (MRSGI) reported a higher net loss of P181.9 million in the first half of 2021 from the P84.7 million incurred in the same period last year as it continued to reel from the effects of the pandemic. “The prevailing threat of the COVID-19 pandemic undermines the...
Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, reported an 11 percent improvement in attributable net income to P603 million during the first half of the year. In a disclosure to the Philippine Stock Exchange, the Megaworld...
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 Department of Science and Technology (DOST) has announced that the seven products of Bukidnon’s largest dairy farm are now halal-certified. (Universal Harvester Dairy Farm Maramag Bukidnon Facebook page) DOST Secretary Fortunato “Boy” T. de la Peña said DOST-X through Provincial Science...
