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Robinsons Land, BCDA in joint development of 6.1-hectare Bonifacio estate 

Robinsons Land Corp. on Friday unveiled its latest major project, the Bonifacio Capital District, a mixed-use development in Taguig City that will be developed in partnership with the Bases Conversion and Development Authority.

Filreit shrugs off tenant rightsizing and reports 7% first-half income expansion

Filinvest REIT Corp., the real estate investment trust of the Gotianun group, reported income in the first half of the year growing 7 percent to P601 million from last year’s P561.3 million. 

Manila Water posts 37 percent income jump

Manila Water Co. Inc. booked a 37 percent jump in net income in the first half this year of P6.91 billion from only P5.05 billion a year ago. 

Margin improvement, wider store network boost Puregold earnings

Grocery retail leader Puregold Price Club Inc. on Friday reported a 13 percent growth in first half net profit of P4.95 billion, supported by the slight improvement in gross margins across Puregold and S&R retail operations.

Meralco rates likely ease in August

The Manila Electric Co. (Meralco) on Thursday said the cost of electricity at its franchise area will likely fall in August due to lower prices at the Wholesale Electricity Spot Market (WESM).

Just in

Japan marks 72nd Self-Defense Forces Day in Manila, highlights bilateral defense cooperation

The 72nd Japan Self-Defense Forces Day Reception was held at the Japanese Ambassador’s residence in Manila, bringing together key officials to celebrate the occasion and reinforce growing defense and security ties between Japan and the Philippines.

PEZA taps Taiwan tech firm to cut  ecozone power costs

The Philippine Economic Zone Authority (PEZA) is turning to energy management technology to help businesses cut electricity costs, reduce waste and sharpen the competitiveness of the country’s economic zones.

Telco equips Tagbanua community in El Nido with disaster skills alongside Palawan cable project

More than 30 members of the Tagbanua Tandulanen Indigenous Cultural Community from 11 El Nido barangays recently took part in disaster preparedness training organized by PLDT Inc. and Smart Communications. Held alongside work on the Palawan Resiliency Submarine Cable Project, the effort underscores that stronger connectivity goes hand in hand with stronger communities.

Megaworld, Federal Land join Pag-IBIG housing push

Megaworld Corp. and Federal Land Inc. are preparing separate partnerships with Pag-IBIG Fund to widen access to affordable homes, adding two major property players to the government’s expanding housing drive.
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