Ayala Land’s AREIT down on market debut, govt says listing shows ‘confidence’ in economy

MANILA - Ayala Land's official real estate investment trust listing on Thursday was "timely" as it signaled the confidence in the country's economy and resiliency despite the on-going coronavirus pandemic, Finance Secretary Carlos Dominguez III said.  "This public offering is a strong vote of confidence in our good economic prospects and in the resiliency of... Continue Reading →

Projects that Respond to Post-Pandemic Needs, Prioritized

The government has revisited its massive Build, Build, Build (BBB) program, adding and striking out projects, according to fiscal space, project readiness, and implementation, the Manila Times reported.  According to the presidential adviser for flagship programs and projects, Vince Dizon, his office has prioritized endeavors that have sufficient funding and can begin construction immediately. He added that... Continue Reading →

Tagaytay Highlands reaps benefits of successful cleanup

TAGAYTAY  Philippines — Homeowners, members and guests in Tagaytay Highlands, a premier leisure development of the SM Group of Companies,  are now fully enjoying high-quality services in the recreational and residential complex after a successful cleanup and rehabilitation. In March, its major roads, driveways, golf courses and other facilities were cleared following Taal Volcano’s phreatic... Continue Reading →

BGC-Ortigas Link Bridge Almost Complete

The main bridge of the Bonifacio Global City (BGC)-Ortigas link road is almost complete, as reported by the Department of Public Works and Highways (DPWH) Secretary Mark Villar in his official Facebook page. Once finished, the travel time between Taguig and Pasig will be reduced to only 12 minutes, he said in a separate Facebook post. In... Continue Reading →

DMCI profit slips to P2B in Jan-June

Listed DMCI Holdings Inc. reported on Tuesday that its net income plummeted to P2 billion in the first half of the year despite its subsidiaries displaying “resilience” amid the coronavirus pandemic. In a filing, the Consunji-led firm said it recorded that amount, a 69-percent decrease from P6.5 billion in the first six months of 2019,... Continue Reading →

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