DoubleDragon Corp., the property developer backed by tycoons Tony Tan Caktiong and Edgar Sia II, reported a record ₱27.91 billion in revenue last year, propelled by an aggressive overseas expansion of its condotel brand. The firm told the Philippine Stock Exchange that revenue surged 56.3 percent...
MREIT Inc., the real estate investment trust backed by billionaire Andrew Tan’s Megaworld Corp., plans to acquire ₱25 billion worth of commercial assets in a deal that will transform the firm from a pure-office landlord into a diversified property trust. The company signed a memorandum of...
AVANT GARDENER Earlier this year, Dr. Julian Gonsalves, Senior Asia Program Advisor at the International Institute for Rural Reconstruction (IIRR), invited me to visit Guinayangan, Quezon, one of their partner municipalities. I was given a tour of the different programs IIRR conducts in cooperation...
RL Commercial REIT Corp. (RCR), the real estate investment trust backed by developer Robinsons Land Corp. (RLC), is planning up to two tranches of property injections this year as it shifts its portfolio growth toward steady-yielding retail assets. Kerwin Max S. Tan, chief financial officer of both...
AVANT GARDENER It started with a Facebook post. Waya Araos-Wijangco, executive chef of Gypsy Baguio by Chef Waya and founding board member of Farm Forward Initiatives (FFI), an organization that has been working with farmers in cooperation with World Food Expo (WOFEX) Foundation since 2022, had,...
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew L. Tan, delivered a six-percent growth in net income to ₱7.8 billion in the first quarter of 2026 from the normalized profit of ₱7.4 billion in the same period last year due to higher earnings from its property and spirits...
AVANT GARDENER Here is part two of my conversation with freelance registered agriculturist Earwin Belen on his thoughts on RA12215, also known as the Philippine Agriculturists Act, as someone from the private sector. Last week, he laid out the pros and possible cons the law might have when it comes...
DoubleDragon Corp., the real estate venture led by tycoons Tony Tan Caktiong and Edgar Sia II, has scheduled its ₱758-million mandatory tender offer for the minority shares of MerryMart Consumer Corp. to begin on May 18, 2026. The tender offer period will run until June 16, 2026, and covers 1.58...
LT Group Inc., the diversified holding company of taipan Lucio Tan, reported a three percent increase in first-quarter profit as growth in its banking and tobacco units offset the slowdown in its beverage segment. In a filing to the Philippine Stock Exchange, the firm said that its attributable net...
ABS-CBN Corp. asked to be excluded from an escalating legal battle within its controlling family, following allegations by board director Federico “Piki” R. Lopez that the media company’s top executives dissipated corporate funds. ABS-CBN issued a statement on Friday, May 8, urging the public...
AVANT GARDENER I’ve been writing interviewing folks from different areas of the agriculture industry on their thoughts on RA12215, also known as the Philippine Agriculturists Act. So far, the folks who are willing to voice their thoughts and those of their colleagues are those who will not be...
ABS-CBN Corp. Board Director Federico R. Lopez is seeking a regulatory investigation into the media company’s top leadership, alleging the “squandering” of corporate assets and a “conscious and intentional design” to siphon funds through exorbitant executive pay despite spiraling losses....
