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Tag: global economy

OFW dream homes: SMDC shakes up Philippine real estate market with new “lot only” product line

April 27, 2023

Sy-led SM Development Corporation (SMDC), one of the largest condominium builders in the Philippines, is set to launch a new “lot only” product line in response to the growing demand from overseas Filipino workers (OFWs) to purchase land to build their own homes.

Read More »

Philippine tourism to get a boost: Sy-blings allot P15 billion to build 14 Radisson Hotels nationwide

April 27, 2023

SM Hotels and Conventions Corp. (SMHCC) of the Sy family is set to invest P15 billion to construct 14 new hotels across the Philippines in the next five years.

Read More »

Josephine Gotianun Yap gives up CEO position in FLI after 11 years; names Tristan Las Marias as successor

April 26, 2023

Filinvest Land Inc. has announced the appointment of its president, Tristan Las Marias, as the new chief executive officer of the company, succeeding bilyonaryo Josephine Gotianun Yap.

Read More »

Gokongwei family’s REIT rewards shareholders with increased dividends on strong Q1 performance

April 24, 2023

RL Commercial REIT (RCR), the real estate investment trust of the Gokongwei family, will hand out higher dividends to its shareholders after the company registered strong top line growth in the first quarter.

Read More »

Rising expenses, lower revenues dent earnings of Po family’s real estate business

April 24, 2023

A surge in income tax provision and lower revenues weighed on the bottomline of Arthaland Corp.

Read More »

Signs of hope for China property market, but boom is over: analysts

April 23, 2023

Pummelled by a housing crisis that caused a record-breaking slump last year, some Chinese property developers are starting to see light at the end of the tunnel, but analysts warn the sector is still on course to slow down in the long term.

Read More »

Westminster Abbey: a millennium entwined with royalty

April 23, 2023

Westminster Abbey, the setting for King Charles III’s coronation, has been paramount for Britain’s royal family for nearly a millennium.

Read More »

Condo sales, rental revenue boost 2022 earnings of Robert Kuok’s Shang Properties

April 23, 2023

According to its financial report, the company’s turnover soared 72 percent to P7.86 billion.

Read More »

Macau junket boss jailed for illegal gambling, money laundering

April 22, 2023

Macau’s second-biggest junket boss was jailed for 14 years on Friday for running an illegal multi-billion-dollar gambling ring, local media reported.

Read More »

Araneta Properties slashes losses by 86% with successful marketing strategies

April 21, 2023

Higher revenues helped the Araneta family’s Araneta Properties Inc. to significantly slash its losses last year.

Read More »

Andrew Tan’s REIT unit doubles distributable income in 2022

April 19, 2023

MREIT, the real estate investment unit of bilyonaryo Andrew Tan, saw its income more than double to P2.5 billion last year from P1.1 billion, largely due to strong revenues.

Read More »

Injap Sia’s strategic focus on four pillars of growth drives DoubleDragon Properties’ net income higher

April 18, 2023

DoubleDragon Properties, owned by bilyonaryo Injap Sia, reported a 14.5 percent growth in net earnings to P12.92 billion.

Read More »

At home sa Ayala Land! Watch EJ Obiena’s latest TV ad

April 18, 2023

World pole vaulting champ EJ Obiena spent a day enjoying the idyllic community of Ayala Land’s new township project, Vermosa, for a video advertisement.

Read More »

Manny Villar’s VLL issues P4 billion additional notes for debt refinancing

April 17, 2023

Vista Land and Lifescapes Inc. (VLL), owned by bilyonaryo Manny Villar, has approved the issuance of additional corporate notes worth P4 billion for its debt refinancing initiatives.

Read More »

Service for show? Parents still fuming despite Sofitel’s launch of feedback line for Easter event disaster

April 17, 2023

Sofitel Philippine Plaza Manila has gone into full crisis PR mode days after its disastrous Easter egg hunt that left parents and kids dismayed.

Read More »

Renters despair over cut-throat London market

April 16, 2023

With soaring rent prices and cut-throat competition, Cyndi Cheng, 34, thought she would never find a place to rent in London after moving from Hong Kong earlier this year.

Read More »

Operator of BGC 4D billboard can’t get ads displayed. Onlookers sensed panic on screen

April 16, 2023

The flashy 4D billboard fronting the bilyonaryo Tantoco family’s Central Square mall at the Bonifacio Global City (BGC) became a head-turner for the wrong reasons.

Read More »

‘Di pa gawa, sira na! Fire at Gaisano’s high-rise condo causes P4B in damages

April 16, 2023

A fire razed the high-rise condominium building being constructed by the Gaisano Group in Cebu City last week, causing nearly P4 billion in damages.

Read More »
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OFW dream homes: SMDC shakes up Philippine real estate market with new “lot only” product line

April 27, 2023

Sy-led SM Development Corporation (SMDC), one of the largest condominium builders in the Philippines, is set to launch a new “lot only” product line in response to the growing demand from overseas Filipino workers (OFWs) to purchase land to build their own homes.

Read More »

Philippine tourism to get a boost: Sy-blings allot P15 billion to build 14 Radisson Hotels nationwide

April 27, 2023

SM Hotels and Conventions Corp. (SMHCC) of the Sy family is set to invest P15 billion to construct 14 new hotels across the Philippines in the next five years.

Read More »

Josephine Gotianun Yap gives up CEO position in FLI after 11 years; names Tristan Las Marias as successor

April 26, 2023

Filinvest Land Inc. has announced the appointment of its president, Tristan Las Marias, as the new chief executive officer of the company, succeeding bilyonaryo Josephine Gotianun Yap.

Read More »

Gokongwei family’s REIT rewards shareholders with increased dividends on strong Q1 performance

April 24, 2023

RL Commercial REIT (RCR), the real estate investment trust of the Gokongwei family, will hand out higher dividends to its shareholders after the company registered strong top line growth in the first quarter.

Read More »

Rising expenses, lower revenues dent earnings of Po family’s real estate business

April 24, 2023

A surge in income tax provision and lower revenues weighed on the bottomline of Arthaland Corp.

Read More »

Signs of hope for China property market, but boom is over: analysts

April 23, 2023

Pummelled by a housing crisis that caused a record-breaking slump last year, some Chinese property developers are starting to see light at the end of the tunnel, but analysts warn the sector is still on course to slow down in the long term.

Read More »

Westminster Abbey: a millennium entwined with royalty

April 23, 2023

Westminster Abbey, the setting for King Charles III’s coronation, has been paramount for Britain’s royal family for nearly a millennium.

Read More »

Condo sales, rental revenue boost 2022 earnings of Robert Kuok’s Shang Properties

April 23, 2023

According to its financial report, the company’s turnover soared 72 percent to P7.86 billion.

Read More »

Macau junket boss jailed for illegal gambling, money laundering

April 22, 2023

Macau’s second-biggest junket boss was jailed for 14 years on Friday for running an illegal multi-billion-dollar gambling ring, local media reported.

Read More »

Araneta Properties slashes losses by 86% with successful marketing strategies

April 21, 2023

Higher revenues helped the Araneta family’s Araneta Properties Inc. to significantly slash its losses last year.

Read More »

Andrew Tan’s REIT unit doubles distributable income in 2022

April 19, 2023

MREIT, the real estate investment unit of bilyonaryo Andrew Tan, saw its income more than double to P2.5 billion last year from P1.1 billion, largely due to strong revenues.

Read More »

Injap Sia’s strategic focus on four pillars of growth drives DoubleDragon Properties’ net income higher

April 18, 2023

DoubleDragon Properties, owned by bilyonaryo Injap Sia, reported a 14.5 percent growth in net earnings to P12.92 billion.

Read More »

At home sa Ayala Land! Watch EJ Obiena’s latest TV ad

April 18, 2023

World pole vaulting champ EJ Obiena spent a day enjoying the idyllic community of Ayala Land’s new township project, Vermosa, for a video advertisement.

Read More »

Manny Villar’s VLL issues P4 billion additional notes for debt refinancing

April 17, 2023

Vista Land and Lifescapes Inc. (VLL), owned by bilyonaryo Manny Villar, has approved the issuance of additional corporate notes worth P4 billion for its debt refinancing initiatives.

Read More »

Service for show? Parents still fuming despite Sofitel’s launch of feedback line for Easter event disaster

April 17, 2023

Sofitel Philippine Plaza Manila has gone into full crisis PR mode days after its disastrous Easter egg hunt that left parents and kids dismayed.

Read More »

Renters despair over cut-throat London market

April 16, 2023

With soaring rent prices and cut-throat competition, Cyndi Cheng, 34, thought she would never find a place to rent in London after moving from Hong Kong earlier this year.

Read More »

Operator of BGC 4D billboard can’t get ads displayed. Onlookers sensed panic on screen

April 16, 2023

The flashy 4D billboard fronting the bilyonaryo Tantoco family’s Central Square mall at the Bonifacio Global City (BGC) became a head-turner for the wrong reasons.

Read More »

‘Di pa gawa, sira na! Fire at Gaisano’s high-rise condo causes P4B in damages

April 16, 2023

A fire razed the high-rise condominium building being constructed by the Gaisano Group in Cebu City last week, causing nearly P4 billion in damages.

Read More »
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PrevTag: global economyTrade war hammers China’s imports, exports in June
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A triumph for the environment: Nanette Medved Po’s inspiring journey in addressing plastic pollution

Philanthropist Nanette Medved Po recently reached a significant milestone in her tireless efforts to combat plastic pollution.

Read More »

Ben Tiu boosts stake in I-Remit, sets sights on fintech expansion

Businessman Ben Tiu has acquired an additional 19% stake in leading remittance service provider I-Remit Inc. with a commitment to obtain an additional 10% in the near future.

Read More »

The price of authenticity: Maggie Wilson’s courageous stand and friendship fallout

In a powerful and unapologetic Instagram revelation, Maggie Wilson shares her transformative voyage towards self-discovery and self-empowerment.

Read More »

From delayed flights to lost luggage: Katrina Ponce Enrile’s travel ordeal with Air Europa

So much hassle.

In a recent Instagram rant, Katrina Ponce Enrile took to her account to share the harrowing tale of her latest jet-setting misadventure. Before launching into her venting session, she gave her loyal followers fair warning that this would be no ordinary post.

Read More »

Elegance and Epicurean delights: Beng Dee hosts spectacular sendoff dinner for Swiss, Korean ambassadors

In a testament to her unparalleled hosting skills and flair for extravagance, Beng Dee orchestrated a magnificent farewell dinner in honor of the distinguished Swiss and Korean Ambassadors to the Philippines.

Read More »

Building bonds: Ben Chan, Ambassador Mylene Albano unite in Japan

The pictures showcased the enduring bonds of friendship and shared aspirations as Ben was joined by his two trusted companions, alongside the hardworking Philippine Ambassador to Japan, Mylene Albano.

Read More »
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