New York’s famous Flatiron Building sells at auction
March 24, 2023
New York’s iconic Flatiron Building — famous for its thin, triangular shape — has sold at auction for $190 million following a court order.
Sy-blings property arm to raise P35 billion from bond sale
March 23, 2023
SM Prime Holdings Inc. of the Sy family plans to raise up to P35 billion from the offering of fixed-rate bonds.
A slice of Italian luxury in paradise: Andrew Tan eyes P2 billion in sales from Megaworld’s Positano Mactan
March 23, 2023
Megaworld Corporation of bilyonaryo Andrew Tan, is set to unveil its latest masterpiece in the heart of the picturesque Mactan Newtown in Lapu-Lapu City, Cebu.
Debt-ridden China Evergrande rolls out restructuring plan
March 23, 2023
Troubled Chinese property giant Evergrande unveiled on Wednesday a long-awaited restructuring proposal for its massive debts, as it fights off a winding-up court petition brought by creditors in Hong Kong.
Impact of inflation? Shangri-La Mall raises parking fees
March 23, 2023
The posh Shangri-La Plaza in Mandaluyong is raising parking fees beginning March 22.
Gotianun family’s REIT earnings hit by office revenue drop
March 22, 2023
Filinvest REIT Corp., the real estate investment trust of the Gotianun family, suffered a decline in net income by 29.6 percent to P1.31 billion in 2022, largely due to the reduction in rental revenue and other income.
No freedom on the horizon for Bangkok ‘mall gorilla’
March 22, 2023
Seven storeys above a shopfloor hawking cheap perfume and nylon underwear, Thailand’s “shopping mall gorilla” sits alone in a cage — her home for 30 years despite a re-ignited row over her captivity.
Del Rosario family’s Phinma poised to make waves in Bacolod property market with its first ever mixed-use development
March 20, 2023
Phinma Property Holdings Corp. (PPHC) of the family of bilyonaryo Ramon del Rosario Jr. is gearing up to create its first-ever mixed-use complex in Bacolod City, marking its entry into the township development space.
Filinvest eyes Landbank credit line for new projects
March 19, 2023
Bilyonaryo Lourdes Josephine Gotianun-Yap sat down with executives of the state-owned Land Bank of the Philippines to explore borrowing options to fund future projects under the family’s Filinvest Group of Companies.
Okada Manila operator forced to defer yet again stockholders’ meeting after failing to submit financial report to SEC
March 19, 2023
Asiabest Group (ABG) has postponed anew its annual stockholders meeting after coming up short with financial reports required by the Securities and Exchange Commission (SEC).
Solaire’s new project to start in 2024: Ricky Razon has yet to get 40% of Cavite land committed by Panlilios
March 18, 2023
Bloomberry Resorts (BLOOM), the gaming and leisure arm of ultra bilyonaryo Ricky Razon, is planning to launch its new resort community in Paniman, Cavite next year.
Indonesians seeking climate justice take aim at Holcim
March 14, 2023
Sitting near a wall of stacked rocks, fisherman Mustagfirin looks out to sea from the tiny Indonesian island of Pari, wondering whether his home will exist for much longer.
Swiss city Lucerne votes to restrict Airbnb rentals
March 13, 2023
The Swiss city of Lucerne voted Sunday to limit short-term rentals, including on the Airbnb platform, to a maximum of 90 days a year.
French utopian architect Roland Castro dies aged 82
March 11, 2023
French utopian architect Roland Castro, a political activist who fought what he called “urban apartheid” and wanted to transform run-down housing estates into places people would actually like to live, has died aged 82, his daughter said.
Dodo Mandanas’ Abacore, Chinese firm partner to build P1.5 billion resort in Batangas
March 10, 2023
Abacore Capital Holdings Inc., led by Batangas Governor Dodo Mandanas, is partnering with China’s Shanlin Real Estate Co. Ltd to construct a resort in Batangas.
Too big to go malling? Dog owner irked by SM Bacoor’s pet policy
March 10, 2023
A fur mom is up in arms after she and her dog were allegedly discriminated by security personnel of SM Bacoor, which prides itself as a pet-friendly mall.
Andrew Tan’s Northwin Global City to offer world-class living, working, and business spaces in Bulacan
March 9, 2023
Megaworld Corp. of bilyonaryo Andrew Tan has started the construction of a massive township development in Bulacan.
A new jewel in heart of Mandaluyong City: Westin Hotels & Resorts returns to the PH with Robinsons Land partnership
March 9, 2023
The Westin Hotels & Resorts, a premium hotel brand under Marriott Bonvoy, is making a triumphant return to the Philippines with the opening of The Westin Manila.
New York’s famous Flatiron Building sells at auction
March 24, 2023
New York’s iconic Flatiron Building — famous for its thin, triangular shape — has sold at auction for $190 million following a court order.
Sy-blings property arm to raise P35 billion from bond sale
March 23, 2023
SM Prime Holdings Inc. of the Sy family plans to raise up to P35 billion from the offering of fixed-rate bonds.
A slice of Italian luxury in paradise: Andrew Tan eyes P2 billion in sales from Megaworld’s Positano Mactan
March 23, 2023
Megaworld Corporation of bilyonaryo Andrew Tan, is set to unveil its latest masterpiece in the heart of the picturesque Mactan Newtown in Lapu-Lapu City, Cebu.
Debt-ridden China Evergrande rolls out restructuring plan
March 23, 2023
Troubled Chinese property giant Evergrande unveiled on Wednesday a long-awaited restructuring proposal for its massive debts, as it fights off a winding-up court petition brought by creditors in Hong Kong.
Impact of inflation? Shangri-La Mall raises parking fees
March 23, 2023
The posh Shangri-La Plaza in Mandaluyong is raising parking fees beginning March 22.
Gotianun family’s REIT earnings hit by office revenue drop
March 22, 2023
Filinvest REIT Corp., the real estate investment trust of the Gotianun family, suffered a decline in net income by 29.6 percent to P1.31 billion in 2022, largely due to the reduction in rental revenue and other income.
No freedom on the horizon for Bangkok ‘mall gorilla’
March 22, 2023
Seven storeys above a shopfloor hawking cheap perfume and nylon underwear, Thailand’s “shopping mall gorilla” sits alone in a cage — her home for 30 years despite a re-ignited row over her captivity.
Del Rosario family’s Phinma poised to make waves in Bacolod property market with its first ever mixed-use development
March 20, 2023
Phinma Property Holdings Corp. (PPHC) of the family of bilyonaryo Ramon del Rosario Jr. is gearing up to create its first-ever mixed-use complex in Bacolod City, marking its entry into the township development space.
Filinvest eyes Landbank credit line for new projects
March 19, 2023
Bilyonaryo Lourdes Josephine Gotianun-Yap sat down with executives of the state-owned Land Bank of the Philippines to explore borrowing options to fund future projects under the family’s Filinvest Group of Companies.
Okada Manila operator forced to defer yet again stockholders’ meeting after failing to submit financial report to SEC
March 19, 2023
Asiabest Group (ABG) has postponed anew its annual stockholders meeting after coming up short with financial reports required by the Securities and Exchange Commission (SEC).
Solaire’s new project to start in 2024: Ricky Razon has yet to get 40% of Cavite land committed by Panlilios
March 18, 2023
Bloomberry Resorts (BLOOM), the gaming and leisure arm of ultra bilyonaryo Ricky Razon, is planning to launch its new resort community in Paniman, Cavite next year.
Indonesians seeking climate justice take aim at Holcim
March 14, 2023
Sitting near a wall of stacked rocks, fisherman Mustagfirin looks out to sea from the tiny Indonesian island of Pari, wondering whether his home will exist for much longer.
Swiss city Lucerne votes to restrict Airbnb rentals
March 13, 2023
The Swiss city of Lucerne voted Sunday to limit short-term rentals, including on the Airbnb platform, to a maximum of 90 days a year.
French utopian architect Roland Castro dies aged 82
March 11, 2023
French utopian architect Roland Castro, a political activist who fought what he called “urban apartheid” and wanted to transform run-down housing estates into places people would actually like to live, has died aged 82, his daughter said.
Dodo Mandanas’ Abacore, Chinese firm partner to build P1.5 billion resort in Batangas
March 10, 2023
Abacore Capital Holdings Inc., led by Batangas Governor Dodo Mandanas, is partnering with China’s Shanlin Real Estate Co. Ltd to construct a resort in Batangas.
Too big to go malling? Dog owner irked by SM Bacoor’s pet policy
March 10, 2023
A fur mom is up in arms after she and her dog were allegedly discriminated by security personnel of SM Bacoor, which prides itself as a pet-friendly mall.
Andrew Tan’s Northwin Global City to offer world-class living, working, and business spaces in Bulacan
March 9, 2023
Megaworld Corp. of bilyonaryo Andrew Tan has started the construction of a massive township development in Bulacan.
A new jewel in heart of Mandaluyong City: Westin Hotels & Resorts returns to the PH with Robinsons Land partnership
March 9, 2023
The Westin Hotels & Resorts, a premium hotel brand under Marriott Bonvoy, is making a triumphant return to the Philippines with the opening of The Westin Manila.
MVP Group refutes reports of Maynilad stake sale
Metro Pacific Investments Corp., which is led by telco magnate Manuel V. Pangilinan, has denied reports of selling its stake in Maynilad Services Inc.
Ty-blings’ GT Capital posts solid 2022 growth, profit soars to P18.4 billion
Despite elevated inflation and interest rates, Ty-led conglomerate GT Capital Holdings Inc. saw its 2022 profit jump 67 percent to P18.4 billion on the strong performances of its banking, automotive, real estate and insurance units.
Controversial ‘Ostiya’ food review by Ateneo high school student sparks outrage”
A high school student from Ateneo Senior High School has faced criticism from netizens after he secretly took ostiya or communion bread from the Eucharist and proceeded to “review” it.
Filipino business groups cool to House’s cha cha dance. Here’s why
The country’s biggest business groups pushed back against the proposal of the House of Representatives for charter change following the passage of laws that eased the entry of foreign investments.
Deposit box ain’t so safe: Jorge, Stella Araneta sue JPMorgan for selling $10-M worth of jewelry for peanuts
Bilyonaryo couple Jorge and Stella Araneta have sued JPMorgan Chase & Co. for allegedly selling jewelry and other valuables they stored in safe deposit boxes.
Eat Bulaga headed for ugly breakup: Jalosjos group asks creative staff to retire as part of rebranding, removal of Tito, Vic & Joey
The family of former congressman Romy Jalosjos is not only bent on changing the faces of the hit noontime show Eat Bulaga, it is also pushing to overhaul the creative team behind the camera.
