Tag: #Josephine Gotianun Yap
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FLI profits drop to P3.73-B in 2020
Filinvest Land, Inc. (FLI) reported a 41 percent drop in attributable net income to P3.73 billion last year from the P6.28 billion earned in 2019 due to the impact of the pandemic lockdown on its malls and residential businesses.
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FLI unveils REIT plans
Filinvest Land Inc. is planning to convert its wholly-owned subsidiary, Cyberzone Properties Inc. (CPI), into a Real Estate Investment Trust (REIT) Company.
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Economy needs gov’t stimulus and private investments – FDC
The Filinvest group sees the need for government stimulus, continued private sector investments, and renewed consumer confidence to jumpstart the economy that has been derailed by the pandemic.