Filinvest REIT Corp., the real estate investment trust owned by the Gotianun family, reported a 20% decline in earnings for the first quarter of the year to P304.13 million as the company faced lower revenues and higher costs.
SM Prime Holdings, the integrated property arm of the Sy family, is gearing up to unveil its inaugural mall in Bataan province this Friday.
Bilyonaryo Injap Sia-led companies DoubleDragon Properties Corp., and MerryMart Consumer Corp. enjoyed strong profitability growth in the first quarter of 2023, driven by a significant increase in revenues.
Lilia de Lima resigned as an independent director of Megawide Construction on May 12, citing “health reasons.”
Ikea plans to invest more than $1 billion in France after announcing a US expansion, and the Swedish furniture giant will cut prices as inflation eases, the head of its holding company told AFP.
Despite the challenges posed by high interest rates and inflation, the Gotianun family’s Filinvest Land Inc. managed to eke out a nine percent rise in its first quarter earnings to P741 million.
Upscale real estate developer Century Properties Group (CPG) got a huge lift from its first-home market business segment, boosting the company’s first quarter net income by 21 percent to P302 million.
Ultra bilyonaryo Lance Gokongwei marked Mother’s Day by sharing that his late mother was featured in a stoneware exhibit and book published by the National Museum.
Rockwell Land Corp., owned by the Lopez family, achieved profitability in the first quarter of the year, driven by increased sales in its residential development sector despite a decline in commercial development revenues.
From their vantage point in cranes overlooking the Panama Canal, operators scrutinize the century-old walls of one of its locks as the high-pitched siren of a merchant ship resonates from nearby.
AREIT Inc., the real estate investment trust led by the Ayala family, recorded a significant boost in profit for the first quarter of the year, driven by stable operations and the acquisition of Cebu properties in 2022.
British architect Norman Foster has spent six decades pushing the boundaries of technology with awe-inspiring modernist structures from California to Hong Kong, but he is yet to be convinced by the craze for artificial intelligence.
Global-Estate Resorts Inc. (GERI) led by Andrew Tan is off to a remarkable start in 2023, surpassing its pre-pandemic performance and signaling robust growth across all business segments.
Otgoo recalls running around freely as a child in Mongolia’s once sparsely populated capital city, but he fears a rapid construction boom has now trapped his children in a concrete jungle.
Bloomberry Resorts (BLOOM) of ultra bilyonaryo Ricky Razon is back to pre-pandemic levels on the back of strong domestic demand and the return of international patrons.
Megaworld, led by bilyonaryo Andrew Tan, has achieved remarkable growth in the first quarter as its earnings surpassed pre-pandemic levels for the first time.
Primex Corp., owned by business magnate Ernesto Ang, achieved profitability in the first quarter of the year despite the absence of any real estate sales.
Araneta Properties Inc., the real estate firm owned by the prominent Araneta family, experienced a significant decline in revenues during the first quarter of the year, leading to deeper losses.
Filinvest REIT Corp., the real estate investment trust owned by the Gotianun family, reported a 20% decline in earnings for the first quarter of the year to P304.13 million as the company faced lower revenues and higher costs.
SM Prime Holdings, the integrated property arm of the Sy family, is gearing up to unveil its inaugural mall in Bataan province this Friday.
Bilyonaryo Injap Sia-led companies DoubleDragon Properties Corp., and MerryMart Consumer Corp. enjoyed strong profitability growth in the first quarter of 2023, driven by a significant increase in revenues.
Lilia de Lima resigned as an independent director of Megawide Construction on May 12, citing “health reasons.”
Ikea plans to invest more than $1 billion in France after announcing a US expansion, and the Swedish furniture giant will cut prices as inflation eases, the head of its holding company told AFP.
Despite the challenges posed by high interest rates and inflation, the Gotianun family’s Filinvest Land Inc. managed to eke out a nine percent rise in its first quarter earnings to P741 million.
Upscale real estate developer Century Properties Group (CPG) got a huge lift from its first-home market business segment, boosting the company’s first quarter net income by 21 percent to P302 million.
Ultra bilyonaryo Lance Gokongwei marked Mother’s Day by sharing that his late mother was featured in a stoneware exhibit and book published by the National Museum.
Rockwell Land Corp., owned by the Lopez family, achieved profitability in the first quarter of the year, driven by increased sales in its residential development sector despite a decline in commercial development revenues.
From their vantage point in cranes overlooking the Panama Canal, operators scrutinize the century-old walls of one of its locks as the high-pitched siren of a merchant ship resonates from nearby.
AREIT Inc., the real estate investment trust led by the Ayala family, recorded a significant boost in profit for the first quarter of the year, driven by stable operations and the acquisition of Cebu properties in 2022.
British architect Norman Foster has spent six decades pushing the boundaries of technology with awe-inspiring modernist structures from California to Hong Kong, but he is yet to be convinced by the craze for artificial intelligence.
Global-Estate Resorts Inc. (GERI) led by Andrew Tan is off to a remarkable start in 2023, surpassing its pre-pandemic performance and signaling robust growth across all business segments.
Otgoo recalls running around freely as a child in Mongolia’s once sparsely populated capital city, but he fears a rapid construction boom has now trapped his children in a concrete jungle.
Bloomberry Resorts (BLOOM) of ultra bilyonaryo Ricky Razon is back to pre-pandemic levels on the back of strong domestic demand and the return of international patrons.
Megaworld, led by bilyonaryo Andrew Tan, has achieved remarkable growth in the first quarter as its earnings surpassed pre-pandemic levels for the first time.
Primex Corp., owned by business magnate Ernesto Ang, achieved profitability in the first quarter of the year despite the absence of any real estate sales.
Araneta Properties Inc., the real estate firm owned by the prominent Araneta family, experienced a significant decline in revenues during the first quarter of the year, leading to deeper losses.
Entrepreneur Katrina Ponce Enrile has officially begun her duty as head of the Cagayan Special Economic Zone (CEZA).
In their second major action against a big crypto player in two days, US regulators sued Coinbase on Tuesday, alleging its failure to register as a securities exchange venue exposed investors to risk.
The Department of Transportation (DOTr) has announced a bidding process for the procurement of motorcycle and car plates, aiming to address the anticipated shortage by next month.
US securities regulators sued Coinbase on Tuesday, alleging that the cryptocurrency platform’s failure to register as a securities exchange venue exposed investors to risk.
The Bureau of Internal Revenue (BIR) has warned newly certified public accountants (CPAs) about the dangers of becoming entangled in the ghost receipts syndicate.
An illegal dismissal case filed against Semirara Mining and Power Corp. and two of its officials has been dismissed by the National Labor Relations Commission.
