Ayala Land turns over free vaccine doses, cash to Hero Foundation
As Rothlie Khy Vidal prepares for work each day, the Negros Polymedic Hospital nurse reminds herself that despite the country’s struggle against the COVID-19 pandemic, every day is a new blessing and a new beginning that gives us hope......»»
AREIT completes P1.2-B cash acquisition of 153-room Seda Lio resort hotel
AREIT announced that it completed the acquisition of the 153-room Seda Lio resort-hotel in El Nido from subsidiaries of its sponsor, Ayala Land......»»
Globe bankrolls P15-B expansion
Ayala-backed Globe Telecom Inc. has secured P15 billion in additional funding from Metropolitan Bank & Trust Company, a move that will strengthen the company’s financial capabilities to bankroll network improvements and expansion. In a report to the Philippine Stock Exchange, the company said it signed the term loan facilities on Monday. According to Globe, the proceeds will particularly finance Globe’s capital expenditures, debt refinancing, and/or general corporate requirements. Responding to the growing need to ramp up mobile data services amid a digital-savvy landscape, Globe has been also boosting its services to offer seamless and efficient services to users. Proceeds mostly for data network In the first half, the company invested P37.7 billion in capital expenditure, which was 25 percent lower than the similar period last year. It was also consistent with the company’s efforts to bring free cash flow back to more sustainable levels. The majority or about 90 percent of the capex spending was allocated to data network builds to meet the consumer’s escalating demand for data. As of June, Globe built 542 new cell sites and upgraded 5,087 mobile sites to LTE to meet the rising data demands of its customers. The company also deployed around 148,000 fiber-to-the-home lines, significantly lower than last year’s rollout to maximize the utilization of its existing fiber inventory. Relatedly, Globe continues to deploy 5G wireless technology nationwide, firing up 356 new 5G sites across the Philippines, increasing its 5G outdoor coverage to 97.44 percent of the National Capital Region and 91 percent of key cities in Visayas and Mindanao. The post Globe bankrolls P15-B expansion appeared first on Daily Tribune......»»
Creative Industries Month to witness ‘the grandest battle of creativity’
The buzzwords this month and until November are "creativity" and "creative industries." September has been declared the "Creative Industries Month" by the Philippine government, and one reason for such declaration is the activation of the law known as Philippine Creative Industries Development Act, or Republic Act 11904. Pangasinan 4th District Representative Toff de Venecia is the principal author of the law, the chairman of the House Special Committee on Creative Industry and Performing Arts. De Venecia's clan on his mother's side used to be entrenched in film production. He is a son of Gina Vera-Perez De Venecia, daughter of Dr. Jose Vera Perez, the patriarch of pioneering film companies Sampaguita Pictures and Vera Perez Productions. Before he joined Pangasinan politics as son of former senator Jose De Venecia, Toff was active in theater, all the way back to his schooldays at the Ateneo de Manila. Sen. Loren Legarda, aside from being Senate President Pro-Tempore, is chair of the Senate committee on culture and the arts. For years a top broadcast journalist at ABS-CBN, Legarda is the principal author of Republic Act 11961, also known as the Cultural Mapping Law. [caption id="attachment_186378" align="aligncenter" width="511"] ODANG Putik Pottery held workshops on basic pottery. | PHOTOGRAPH COURTESY OF IG/ ODANGPUTIKPOTTERY[/caption] National competition DTI has announced that it will launch on 24 September a national competition, Young Creatives Challenge (YC2) "through the support of Sen. Imee Marcos." The competition -- described as "the grandest battle of creativity" in the country with a grand prize of P1 million per category -- "aspires to ignite, acknowledge, and spotlight the brilliance of creative minds... in the fields of Songwriting, Screenwriting, Playwriting, Graphic Novel, Animation, Game Development, and Online Content Creation." The semi-finals are set for October 2023, when the Top 30 creators and the Top 10 Grand Finalists will be revealed. At the grand finals on November 2023, cash prizes will be awarded along with millions’ worth of promotions, incentives, registration of intellectual property and possible production or commercialization of creative works. The competition has an Online Content Challenge with distinct mechanics and a separate prize pool. It offers a platform for content creators to showcase their talents and make a significant impact by raising awareness about the vibrant and dynamic Philippine creative industries. The special category will have TikTok as its main channel for entry submission. The DTI invites all natural-born Filipino citizens aged 18-35, regardless of their level of experience, to participate as either individuals or teams. Entrants are required to submit "entirely original creations." The competition theme is deliberately broad, embracing an "open" and "free subject" approach to allow the participants the creative freedom to delve into any topic or subject matter of their choosing. For more information about the competition, visit www.youngcreativeschallenge.com. Capsule workshops On 17 September, the NCCA launched the Creative Industries Month at the Rizal Park Open Air Auditorium in Manila with creative capsule workshops in the afternoon and a grand concert of songs, dances and puppetry in the evening. The festivities had the full support of the National Parks Development Committee and Concert at the Park. The workshops were anchored on various creative industries in the country. For instance, for the audiovisual media domain, the Knowledge Channel Foundation Inc. conducted an introductory workshop on Learning Filipino through Wikaharian. For the digital interactive media domain, Dr. Albert Mulles of METATOKYO tackled “How to Start Your Own Blockchain Game Project” while the Department of Science and Technology presented “Learning Through Minecraft Exhibit.” Under the Design domain, there were workshops on shoemaking, parol and jewelry-making and T-shirt printing Workshop. Under publishing and printed media, Rustico Limosinero offered a basic comics workshop, while the Barasoain Kalinangan Foundation, Inc. discussed book- selling and exhibits. Composer-singer Joey Ayala, meanwhile, held a Songwriting Workshop under the Performing Arts domain and later, at the concert, performed the finale solo vocal numbers. Nanding Josef, artistic director of the Cultural Center of the Philippines' Tanghalang Pilipino, conducted a capsule workshop on Theater Acting. Also within the Performing Arts domain were the dance and puppetry workshops facilitated by the Samahan ng mga Papetir ng Pilipinas. The other domains that presented workshops included the visual arts, traditional cultural expression and cultural sites. Aside from Ayala, the evening concert featured Noel Cabangon, the revived band Color It Red with Cookie Chua still its lead vocalist, Bayang Barrios and her band, the Sindaw Philippines dance troupe, Halili Cruz Dance Company, Teatro ni Juan and a puppetry group. [caption id="attachment_186377" align="aligncenter" width="1440"] HALILI Cruz Dance Company at the evening concert. | PHOTOGRAPH COURTESY OF FB.COM/ HALILI CRUZ DANCE COMPANY[/caption] In his remarks, De Venecia pointed out that there are more than 7 million people in the Philippines employed in the creative industries, and the industries' contribution to Gross Domestic Product in 2022 was 7.3 percent percent or P1. 6 trillion, representing an increase of 12.1 percent from P1. 43 trillion in 2021. "This is a sector that has managed to survive and even thrive on its own, but with institutionalized support from the state, it will really help the creative industry sector grow and accelerate to the point where we want it to be — which is by 2030, the Philippines will be the number one creative economy in all of Asia,” said De Venecia. May we be really number 1 just seven years from today! The post Creative Industries Month to witness ‘the grandest battle of creativity’ appeared first on Daily Tribune......»»
Menchu Katigbak: The splendid life of a society swan
Hers is a story anyone would love to tell and retell, or hear and hear again. Chances are, as in the book of Menchu, so many things are left unsaid because if these were all said, a single book would not be enough. Carmencita “Menchu” Katigbak’s story is one of love, passion, hurts and disappointments, social triumphs and power in its subtle workings, but mostly the good life and the people who live it and make it happen. She is a woman of the world in the sense of one who has lived in, explored and enjoyed New York, Bangkok, Lausanne, Paris and, her current love, Singapore. Of course, her turf is in Manila with a Capital S and Capital P (as in Power), and Lipa the hometown of her roots. [caption id="attachment_180060" align="aligncenter" width="958"] MENCHU with best friend Susie and her daughter Marivic.[/caption] At a time when the term “socialite” can come cheap, trite or even undeserved, Menchu gives the appellation dignity, respect and the awe it once inspired. Her social credentials are, of course, impeccable. For starters, she attended the Chateau Mont-Choisi, a Swiss finishing school for debutantes and pre-debs belonging to royalty and the world’s upper crust. A socialite today, in loose modern parlance, is perceived as being frivolous, one who attends parties because these men and women are party animals, or party people, as one columnist has named her weekly jottings about the social events of the day. The enjoyment of life is what defines this breed and set, and yet, while Menchu, too, knows how to enjoy, and enjoy life with gusto, there is more to her and that differentiates her from the herd. No, she does not top her charmed life with an icing of well-publicized good deeds and philanthropic beneficence, even if she actually shares her bounty with those in need. Menchu is of a different mold. She is a society swan in the manner of Truman Capote’s chums — Babe Paley, Gloria Guinness, Lee Radziwill. In our part of the world, think Chona, think Minnie, think Chito. She may well be cast in the same crème de la creme mold, glamorous denizens of the inner circles of society, at the same time, ladies who have transcended the vagaries of time. Just recently, Menchu was referred to by a diplomat friend as a global influencer, a 21st-century appellation that only a few are accorded. This one is applied to one who was once a señorita, colegiala and, yes, society girl, again in the tradition of Chona, Baby, Nelly, Chito and Ising. ‘The Katigbaks talk only to the Kalaws’ They don’t need family names, each as important as the other and of the same significance in society. Still, it’s one thing to say that she is Baby Fores, and another if she is Baby Arenas. There were two Vickys, one of national import and memory being the lovely teenager who stood as her father’s First Lady in the early 1950s, and there was the Madrigal matron, Vicky nee Abad Santos, who was low-key and the daughter of the World War II patriot, Jose Abad Santos, who refused to pledge allegiance to the flag of the enemies. Menchu shares first name distinction with Menchu delas Alas Concepcion, also of Batangueña parentage, being the daughter of banker and finance guy and public servant Don Antonio de las Alas. Both aristocrats from Batangas, the two Menchus share many distinctions beauty for one, pedigree, for the other—but that’s as far as I would say, the aforementioned traits being obvious. But to drive his point, Joe Guevarra, the humorous and well-placed columnist known for his tongue-in-cheek pronouncements, once said of the olden times, when the genealogical boundaries were well-defined, “In Lipa, the Katigbaks talk only to the Kalaws, and the Kalaws talk only to the Katigbaks.” [caption id="attachment_180057" align="aligncenter" width="998"] DINNER in Pili with Fernando and Zobel, Tessie Sy-Coson, Guilly Luchangco, Federico ‘Piki’ Lopez | photograph courtesy of MENCHU KATIGBAK[/caption] This self-confessed social climber, as his 8-to-5-and-beyond job would require him to be, admits to not having met (okay, having been introduced to…) the ebullient society hostess, traveler, culinary maven and friend-to-the-powerful Menchu Katigbak. Everything that I am writing here, I learned from the lady’s biography, Menchu, authored by lifestyle journalism icon Thelma Sioson San Juan, the two being decades-old friends. Menchu, one finds out toward the end of the book, is the inspiration for her granddaughter Isabelle’s first tome, Abu, the Sad Princess. I look back on the pages I have read, the memories of Menchu’s lifetime so far, in all its seven glorious and electrifying decades, and I dare say, the description is most apt and is true as well in real life as Menchu today is “living happily ever after” having come to terms with the many issues that confronted her at various times, but more importantly, she is today a fulfilled mother and grandmother and a believer in Jesus Christ. But that is getting ahead of the story. ‘White Matter’ by Lao Lianben Jaime Ponce de Leon, dear Jaime, the man of the hour of Philippine arts for as long as Juan Luna’s missing masterpiece, remains ensconced at the Ayala Museum – gaining for the discoverer more than a foothold in our cultural history – asked me if I was interested in writing about the socially formidable Menchu Katigbak, and I readily said yes, having seen her photographs in the select and more discriminating society pages and columns. I thought to myself it would be an opportunity to meet the lady face to face and add her to my glossary of so-called newfound friends, but that was not meant to be. I was, oh, I was treated to the next best thing – a copy of Menchu which, to someone who aspires to be a bibliophile, is all that matters in the world, except that I am first a social climber. And since I have not been allowed an audience, I take solace in the book and, as my honeyed revenge, will tell you what I feel about the lady who, I understand, could be frank and outspoken. Abrasive is too strong a word, and unfair for I am not sure if I will ever meet her in my lifetime, but I am told the lady will never mince words, that’s probably why she has legions of true friends who probably can give as much as take, or so I am imagining. [caption id="attachment_180055" align="aligncenter" width="1475"] Lunch in the kitchen in Pili with Patty Araneta (left) and Monet Recio-Schem.[/caption] A painting that Menchu has kept all these years, “White Matter” by Lao Lianben, signed and dated 1997, has been featured as one of the rare pieces to be auctioned in Leon Gallery’s forthcoming magnificent September auction, with the starting bid of P2,600,000. So, there, if you’re wondering what Jaime, who moves around the best circles, has got to do with this enigmatic swan. ‘We are not rich’ But let’s stick to what the book says. While she intersperses in her narrative personal encounters with her subject, TSJ, for the most part, devotes the pages of this book to Menchu alone, and with our cosmopolitan lady, the many friends in the upper echelons whose lives she has touched and who have touched hers in turn. Menchu, once she was ready to be told, heard it straight from her mother, “Tandaan mo, baka akala mo mayaman tayo. Hindi tayo mayaman. Kung napadala ka namin sa Switzerland at si Tita at si Tony napadala naming sa America, kasi nagpawis ako ng dugo (Remember, you may think we are rich, we are not rich. If we sent you to Switzerland and Tita and Tony to America, it was because I sweated blood). If you think you’re going to inherit something from us, banish the thought. So if you don’t study well, bahala ka sa sarili mo (you’re on your own).” The perfect words for the Asuncionista (Assumptionista) who much preferred to bake food for the gods, brownies and upside-down cakes and do naughty things like hiding the bell used to signal the start and end of class periods. Her mother, the former Charing Roxas Dimayuga, who attended Assumption Convent, dealt in buying, developing and selling homes in the gated Makati villages. She also developed horizontal and vertical commercial spaces as well as imported retazos from abroad. [caption id="attachment_180056" align="aligncenter" width="696"] Wearing the Van Cleef earrings purchased before their public launch.[/caption] Her father, Enrique Luz Katigbak, on the other hand, was a top certified public accountant, an alumnus of the Northwestern University and a director on the boards of Monte de Piedad and Philtrust banks. Of his connections, none is more eminent than his friendship with His Eminence, Rufino Cardinal Santos, archbishop of Manila and the first Filipino Cardinal of the Catholic Church. It was not a happenstance that Menchu received the sacrament of confirmation from the Cardinal himself right in the Katigbak home, the first ever that was held in a private home if any other followed at all. Like most children, Menchu recalls in the book how she detested being “slapped” by the pious prelate. If she was any pleased about her family’s closeness to the holy man, it was that the Assumption sisters did not expel her for her not-too-infrequent infractions because they went to her father if they needed something from the Cardinal. Dona Aurora Recto for a ‘guardian’ Hers was a lonely childhood since her older siblings were away. They were the triple seven, which alluded to their being born seven years apart, with Menchu as the youngest. On certain days, her parents, both busy, would deposit her in the home of the statesman Claro M. Recto where she would play with his favorite granddaughter, Techie, who had all these toys, Menchu could not help realizing her parents did not buy her a toy. She played with her jackstones while Techie had a closetful of toys, including a toy “cash register.” Techie was so generous she was giving this fancy plaything to her, but Menchu refused knowing her mother would not approve. What she remembers best of that time was the sight of Dona Aurora, the first beautiful woman she beheld in her young mind and eyes, and from her, she learned her first lessons in etiquette, because the family ate with a full complement of silverware and flatware. (To be continued) The post Menchu Katigbak: The splendid life of a society swan appeared first on Daily Tribune......»»
GCash: Customers’ funds ‘intact, safe, secure’
Ayala-backed financial super application GCash assured users on Tuesday that their e-wallet funds remain safe and secure following an investigation over attempted hacking incidents. In a statement, GCash affirmed that some customers reported a deduction in their cash account yesterday, but the company immediately extended scheduled maintenance to investigate and determined that no hacking occurred. “Rest assured, your funds are intact, safe, and secure with GCash. Our proactive cybersecurity policies are in place to protect our customers as the safety and security of your account is our top priority,” Gcash said. “We advise our users to remain vigilant in their online transactions. GCash will never send emails or messages with links nor reach out to customers via calls and other messaging platforms,” it added. GCash said affected cash accounts were credited their balances as of 3 p.m. on Tuesday. A news report on Tuesday disclosed that GCash detected a pattern of relatively small withdrawals from multiple accounts to only two recipient bank accounts — East West Banking Corp. and Asia United Bank. The report said the aggregate amount of the suspicious transaction was initially estimated at P37 million. For its part, EastWest Bank said it “immediately acted on these reports and initiated its internal investigation.” “Rest assured that we are cooperating with authorities and other institutions involved in the said report. We are working towards the immediate resolution of this matter,” the bank said. A financial super app with a full suite of services, including cash loans and buy-now-pay-later products, GCash is the lone double unicorn in the Philippines valued at over $2 billion. The post GCash: Customers’ funds ‘intact, safe, secure’ appeared first on Daily Tribune......»»
ACEN earmarks P70B for RE dev’t
ACEN Corp., the listed energy platform of the Ayala Group, is planning to spend as much as P70 billion this year to bankroll the development of renewable energy across its global markets. “We expect to invest around P50 billion or possibly up to about P70 billion in capital expenditures for this year,” ACEN President Eric Francia said in a press briefing on Monday. “We also have more than P30 billion in cash from our consolidated balance sheet to help finance our capex. Obviously, we will deploy quite a bit of that cash with that level,” he added. Capital requirement To fund the balance of the company’s capital requirement, ACEN chief finance officer Maria Corazon Dizon said the company will borrow about P30 billion. “We are also looking at equity offering by way of the preferred shares (on top of the) P30 billion borrowing,” she said. ACEN targets to build 8,000 megawatts of renewable energy locally by 2030 to help augment clean energy take-up in the country’s energy mix. It is part of a larger plan to develop a total of 20,000 MW of RE across all the markets where it operates. International expansion “International expansion is a part of our strategy to accelerate growth and diversify our portfolio. However, the Philippines shall remain our home market and shall continue to be our core and largest market,” Francia said. Under the updated Philippine Energy Development Plan, the government is now gunning to increase the share of renewable energy in the country’s total energy mix to 35 percent by 2030 and 50 percent by 2040. Last year, renewable energy only took up 22.8 percent of the total mix. ACEN ended 2022 with over 4,000 MW of net attributable capacity, with 98 percent coming from renewable technologies across its key markets in the Philippines, Australia, Vietnam, India and Indonesia. It is part of a larger plan to develop a total of 20,000 MW of RE across all the markets where it operates. Meanwhile, it has around 2,400 MW of capacity under construction, 1,000 MW of which is in the Philippines. ACEN said the majority of these ongoing developments will be operational by the end of the year. ACEN aims to deliver reduction-led decarbonization by 2040, with an interim target for 2030, and a net zero status by 2050. The post ACEN earmarks P70B for RE dev’t appeared first on Daily Tribune......»»
Ayala Land turns over free vaccine doses, cash to Hero Foundation
As Rothlie Khy Vidal prepares for work each day, the Negros Polymedic Hospital nurse reminds herself that despite the country’s struggle against the COVID-19 pandemic, every day is a new blessing and a new beginning that gives us hope......»»
Medical frontliners receive support from Globe and partners
Globe Telecom Inc. and its partners support Ayala Group’s #BrigadangAyala by providing WiFi kits, entertainment packages, grocery, medical supplies, insurance vouchers and cash support to three public hospitals......»»
Medical frontliners receive support from Globe, partners
In appreciation of the service and sacrifice of medical frontliners, Globe and its partners have supported Ayala Group’s #BrigadangAyala by providing WiFi kits, entertainment packages, grocery, medical supplies, insurance vouchers and cash support to three public hospitals......»»
Free Parking Pass for Easy Carwash Customers at Ayala Malls Central Bloc
The best things in life are free; hugs, kisses, and parking. Free parking means one less thing to worry about when going out to run any errand. It means less change to take out of pockets and more cash for items on your grocery list. Easy Carwash customers at Ayala Malls Central Bloc get a […] The post Free Parking Pass for Easy Carwash Customers at Ayala Malls Central Bloc appeared first on Cebu Daily News......»»
Maynilad, MWC shelve rate adjustments for 2021
Maynilad Water Services, Inc. (Maynilad) and Manila Water Company, Inc. are forgoing some water rate increases they are qualified to implement in the coming year, including the next tranche of the rate rebasing adjustment as well as the mandated Consumer Price Index (CPI) adjustment. This was announced separately by both companies on Tuesday. In a text message, Metropolitan Waterworks and Sewerage System (MWSS) Chief Regulator Patrick Ty said the MWSS-Regulatory Office (MWSS-RO) has been discussing this matter with both Maynilad and Manila Water since the start of this year. “We just received the proposals of the two Concessionaires and we are currently evaluating them,” Ty said. In a statement, Maynilad said that with this deferral, the company “hopes to alleviate the day-to-day struggles of its customers as they and the whole country strive to recover from adversity and rise stronger than before, ready to start anew”. “During these difficult times when no one is spared the economic impact of the COVID-19 pandemic, Maynilad is one with the government in finding ways to help our countrymen make the situation more manageable,” it also said. Manila Water, on the other hand, said “in the spirit of Bayanihan and to alleviate the plight of our customers due to the pandemic, Manila Water will not be implementing the rate adjustment in 2021 under the approved 2018 Rate Rebasing.” Done every five years, rate rebasing is review of water utilities’ past performance and the projection on their future cash flows. It is supposed to set the water rates at a level that would allow both Maynilad and Manila Water to recover their expenditures and earn a rate of return. For 2020, Maynilad and Manila Water also volunteered to defer the implementation of the next tranche of annual rate hike approved under the current rate rebasing period, which started in 2018. Their decision came as both companies were being scrutinized by no less than President Rodrigo Duterte for their allegedly onerous contracts with MWSS. To be implemented in tranches from 2018 to 2022, the approved increase in Maynilad’s rates under the fifth rate rebasing period would be P5.73 per cubic meter (/cu. m.). For this year, it was supposed to increase its rates by P1.95/cu.m, then another P1.95/cu.m in 2021. As for Manila Water, the increase in its rates under rate rebasing would play around P6.22 to P6.55/cu.m. This year, it was supposed to increase its rates by P2/cu.m, and another P2/cu.m by 2021. By 2022, depending on the medium-term water sources project that the company will be allowed to pursue, the Ayala-led firm could charge its customers an increase of P0.76/cu.m up to P1.04/cu.m. The CPI adjustment, on the other hand, is the annual inflation adjustment and takes place every January. Maynilad is the largest private water concessionaire in the Philippines in terms of customer base. It is the agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS) for the West Zone of the Greater Manila Area, which is composed of the cities of Manila (certain portions), Quezon City (certain portions), Makati (west of South Super Highway), Caloocan, Pasay, Parañaque, Las Piñas, Muntinlupa, Valenzuela, Navotas and Malabon all in Metro Manila; the cities of Cavite, Bacoor and Imus, and the towns of Kawit, Noveleta and Rosario, all in Cavite Province. Meanwhile, Manila Water caters to the East Zone concession area covering the Cities of Makati, Mandaluyong, Pasig, Pateros, San Juan, Taguig and Marikina. It is also in charge of the southeastern parts of Quezon City, and Sta. Ana and San Andres in Manila. In the Province of Rizal, MWCI services the City of Antipolo and Municipalities of San Mateo, Rodriguez, Cainta, Taytay, Teresa, Angono, Baras, Binangonan, and Jala-jala......»»
AREIT buys P5.1-B office mall
AREIT Inc., the real estate investment trust sponsored by Ayala Land Inc., has acquired a mall and office development in Pasig City from the real estate giant for P5.1 billion. In a disclosure to the Philippine Stock Exchange, AREIT said it is buying The 30th, a 76,000 square meter commercial development located along Meralco Avenue in Pasig City. “The asset will increase AREIT’s portfolio to 246,000 square meters of GLA from 170,000 square meters and will contribute to its net income and dividends in 2021,” AREIT said. The 30th is a commercial development that was planned and developed by Ayala Land and completed in 2017. The office building is fully occupied predominantly by BPO companies. The 30th includes an amenity retail podium which will be operated and leased by Ayala Land from AREIT. Simultaneous to the acquisition of the building by AREIT, ALI will assign the long-term land lease to AREIT. AREIT wil lease office spaces to tenants, and the retail podium to Ayala Land under a fixed lease as operator of the retail spaces. The acquisition will be funded through debt. It will be a cash purchase with the installment schedule to be agreed by the parties. Currently, AREIT has no debt thereby allowing it to acquire assets that are yeld accretive through leverage. “This demonstrates AREIT’s ability to grow its portfolio and add value to its shareholders while its Sponsor, Ayala Land, Inc. can recycle the capital for its real estate projects in the Philippines,” AREIT said......»»
Stocks fall; Bloomberry, Ayala dip
Stocks fell slightly Thursday on another bout of profit taking as investors continued to cash in on their recent gains......»»
Casino gaming around the globe
Gaming has always been a popular human activity. Long before land-based casinos were built, casino games existed and flourished. Bingo, for example, first appeared in.....»»
LIST: Saint movies to watch this Holy Week
YouTube offers free access to films on the lives of Catholic Saints in time for the Holy Week. .....»»
Unilab launches hub for health policy issues
Unilab Foundation recently launched the Unilab Center for Health Policy to serve as a venue for stakeholders to examine health policy issues.....»»
Oplan Harabas yields 3 drivers positive for drugs
FOLLOWING the surprise drug test conducted by the Land Transportation Office (LTO)-Davao and the Philippine Drug Enforcement Agency (PDEA) on public utility vehicles (PUVs) last March 26, 2024, two taxi drivers in Davao City were found to be positive for drugs......»»
Skills trainees receive P3,000 cash incentive
Skills trainees receive P3,000 cash incentive.....»»
Ati tribe fenced off in Boracay
Tension has sparked in Boracay after security guards allegedly fenced off parcels of land owned by members of the Ati tribe......»»
DOTr: 2.2 million more plastic cards to be delivered
Transportation Secretary Jaime Bautista inspected yesterday the one million delivered plastic cards to be used for the printing of driver’s licenses, at the Land Transportation Office central office in Quezon City......»»