In its first-ever virtual launch, Vista Residences —the condominium development arm of Vista Land & Lifescapes Inc. —featured Kizuna Heights in Malate, Manila, its joint venture with Japanese real estate developer Mitsubishi Estate Co., Ltd. (MEC). The milestone event is part of the Vista...
LT Group, Inc., the investment holding company of taipan Lucio Tan, reported a 4.5 percent improvement in attributable net income to P6.49 billion in the first quarter of 2021 from the P6.21 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange,...
Emperador Inc., the largest global brandy company, rerpoted a 43 percent spike in attributable net income to P2.1 billion in the first quarter of 2021 as revenues rose 13 percent to P12.1 billion. In a disclosure to the Philippine Stock Exchange, the firm said it has been able to...
The Cavite-Laguna Expressway (CALAX) Subsection 5, a 7.2km, 2x2 lane expressway linking the Sta. Rosa-Tagaytay Road to Silang, Cavite, is now 94 percent complete and will be opened to motorists this third quarter, 2021. This section of CALAX will cut travel time to Silang from the current one hour...
Diversified engineering conglomerate DMCI Holdings, Inc. reported that its profits shot up by 590 percent in the first quarter of the year to P4.3 billion from P616 million in the same period of 2020. In a disclosure to the Philippine Stock Exchange, the firm said this is because income drivers...
Vista Land and Lifescapes is planning to raise fresh funds via an issuance of fixed-rate US-Dollar Notes through wholly-owned subsidiary VLL International, Inc. In a disclosure to the Philippine Stock Exchange, the firm said the bonds will be a drawdown from VLLI’s MTN Programme. Vista Land...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Andrew Tan, reported a 62 percent drop in net income to P10.3 billion last year compared to the P27.1 billion earned in 2019 as the pandemic hit most of its businesses. In a disclosure to the Philippine Stock Exchange, AGI said...
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the largest homebuilder, continues to recover from the impact of the pandemic as sales continued to improve during the first quarter of the year. In a disclosure to the Philippine Stock Exchange,...
Trading this week will be influenced by the release of economic data, including the much-awaited gross domestic product (GDP), as well as more first quarter earnings reports. “Market sentiment may still have a bearish bias as investors continue to adjust their economic recovery expectations, from...
The internal communications campaign engaged Ginebra San Miguel Inc. employees and partners to show ‘malasakit,’ and ensure timely and factual COVID-19 information is disseminated Photo from GSMI When the pandemic hit the country hard in March 2020, for many companies, the traditional model for...
International Container Terminal Services Inc. reported a 51 percent hike in unaudited consolidated attributable net income to US$90.1 million in the first quarter of 2021 from the US$59.6 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Diversified conglomerate San Miguel Corporation posted a strong recover in the first quarter of 2021 with net income amounting to P17.2 billion, 15 times better than the P1.1 billion it earned in the same period last year. In a statement, the firm said almost all its major...
