Tag: Filinvest Land

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Residential sales, leasing gains lift Filinvest Land 1Q earnings

Corporate Context.ph Context.ph -
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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Cesar Virata leaves a legacy of service 

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Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.

PLDT secures full ownership of Radius Telecoms

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PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.

ICTSI’s Rijeka terminal reaches 4M TEU milestone

Transport & Logistics 0
International Container Terminal Services Inc. (ICTSI) has handled four million twenty-foot equivalent units (TEUs) at its Adriatic Gate Container Terminal (AGCT) in Croatia since taking over operations in 2011, underscoring the Port of Rijeka’s growing role as a gateway to Central and Southeast Europe.

Philippines-Oman pact targets energy, infrastructure investment 

Trade & Investments 0
The Philippines and Oman have concluded negotiations on an investment protection agreement that could strengthen the Gulf state’s participation in Philippine projects spanning energy, infrastructure, agribusiness and technology.

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