Tag: Filinvest Land

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Filinvest closes unit,  keeps Mimosa momentum

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Filinvest Land, Inc. (FLI) is streamlining its corporate structure with the closure of its wholly owned subsidiary, Filinvest Lifemalls Mimosa Inc. (FLMI), a move the company says sharpens operational focus without disrupting ongoing developments.

Residential sales, leasing gains lift Filinvest Land 1Q earnings

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Filinvest Land Inc., the listed property development arm of the Gotianun Group, posted a 3 percent increase in first-quarter net income to P905 million, driven by stronger residential sales, higher leasing revenues, and improved cost efficiency.

Filinvest Land raises P12B from bond issue; bonds listed on PDEx

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Filinvest Land Inc., the listed property development arm of the Gotianun Group, has successfully tapped the bond market and raised P12 billion to fund capital expenditures and refinance debt. FLI issued  5-, 7- and 10-year peso fixed-rate retail bonds, which are PRS Aaa-rated by the Philippine Rating Services Corp. for their outstanding quality and minimum risk. The bonds were listed on the Philippine Dealing and Exchange Corp. (PDEx). This is the second tranche of FLI’s 2023 bond shelf-registration. 

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FPIP exec elected to key post in PCCI Tanauan

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The First Philippine Industrial Park (FPIP), represented by Ricky Carandang, has been elected external vice president of the Philippine Chamber of Commerce and Industry (PCCI) – Tanauan City Chapter.

Expanded work-from-home rule eases pressure on IT-BPM firms

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The IT and Business Process Association of the Philippines (IBPAP) welcomed the government’s approval of expanded work-from-home flexibility for registered business enterprises, saying the move offers immediate operational relief to companies and workers grappling with rising costs.

AI-Driven identity attacks surge worldwide, new report warns

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A new report from biometric identity verification solutions provider iProov says cybercriminals are increasingly using artificial intelligence to carry out identity-based attacks at a much larger scale, raising risks for businesses and digital platforms.

Home Credit offers early access, flexible payments for new MacBook Neo

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Home Credit Philippines has launched an exclusive nationwide pre-order for the new MacBook Neo, aiming to make high-performance laptops more accessible to Filipinos through affordable installment plans.

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