MREIT, Inc., the real estate investment trust of top office landlord Megaworld Corporation, reported a distributable income of P638 million for the second quarter of 2022 sustaining its strong performance in the previous quarter. In a statement, the firm said it also closed the second quarter of...
AVANT GARDENER Yvette Tan I attended a talk given by Cielito F. Habito, director of the Ateneo Center for Economic Research and Development and the secretary of Socio Economic Planning heading the National Economic and Development Authority (NEDA) during the late Fidel Ramos’ presidency. Titled...
Saying that the country’s second-highest official should have a permanent venue to call his or her workplace, a congresswoman on Wednesday, Aug. 3, expressed support for Vice President Sara Duterte’s intention to find a permanent official residence befitting her post. media Kusug Tausug...
The local stock market is seen to remain bearish for the rest of the year as investors remain cautious over the impact of high inflation and the threat of global recession on Philippine corporations. In an online media briefing, COL Chief Technical Analyst Juanis Barredo said the market is on an...
Citicore Energy REIT Corporation (CREIT) reported a net income of P601 million for the first six months of 2022, more than five times the P89 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said gross revenues for the first half of the year...
TACLOBAN CITY – Despite supporting President Ferdinand Marcos Jr. during the May 9, 2022 elections, both Samar representatives preferred to join the minority bloc in House of Representatives. In a joint statement Tuesday, July 26, Samar Reps. Stephen James Tan and Reynolds Michael Tan said their...
AVANT GARDENER Yvette Tan The agriculture sector is in a weird state. Not enough Filipinos are worried about the declining industry and its implications on the nation’s food security, yet everyone can feel — and complains about — the rising prices and lack of supply of certain food items,...
TACLOBAN CITY – The construction of the P1-billion Spark Samar Sports Development Complex in Barangay Lagundi, Catbalogan City, Samar is under way with the groundbreaking ceremony Wednesday, July 20. SCALE model of the Spark Samar Sports Development Complex in Catbalogan City, Samar. (Photo...
Travellers International Hotel Group Inc., the leisure and hospitality arm of the Andrew Tan Group, has renamed its flagship Resorts World Manila (RWM) to Newport World Resorts. In a statement, Newport World Resorts said “the country’s premier lifestyle and entertainment destination Resorts...
The local stock market is seen to continue being weighed down by concerns at the economic front while investors wait for first half earnings results. “While we see bargain hunting opportunities, next week, investors are still expected to maintain a cautious stance amid lingering economic...
Despite the challenges posed by the pandemic and a more competitive spirits market, Tanduay managed to outsell other rum brands and win its fifth consecutive World’s Number Rum 1 award. Billionaire Lucio Tan’s grandson, Lucio Tan III, who took the reins at Tanduay Distillers, Inc. as...
AVANT GARDENER Yvette Tan With the Regional Comprehensive Economic Partnership (RCEP), the largest trade agreement involving many countries since the establishment of the World Trade Organization (WTO), due to be brought up in the Senate soon, the question remains: will the agriculture sector be...
