Tag: Filinvest Land

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Residential sales, leasing gains lift Filinvest Land 1Q earnings

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

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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Gov’t to pilot electric and hybrid ferries for cleaner, cost-effective sea travel ahead 

The Maritime Industry Authority (MARINA) is set to launch a pilot test for electric and hybrid ferries across key Philippine routes, eyeing Iloilo–Bacolod for fully electric vessels and Batangas–Calapan for hybrid units. This initiative follows earlier research by the International Maritime Organization and the World Bank focused on improving the safety and energy efficiency of domestic passenger ferries.

PEZA investment approvals top P309B, nears 14-year record

The Philippine Economic Zone Authority (PEZA) has surpassed its P300-billion investment target for 2026 and is nearing its highest annual investment approvals in 14 years, with two months left in the year.

BSP delivers 50-basis-point rate hike to 5.50% to tame stubborn inflation

The Bangko Sentral ng Pilipinas elevated its benchmark interest rate by 50 basis points to 5.50 percent during its October 2026 monetary policy meeting, stepping up its fight against persistent price pressures.

Pampanga hospital inks landmark renewable energy deal with First Gen

Mother Teresa of Calcutta Medical Center (MTCMC) has signed a renewable energy supply agreement with First Gen, becoming the first hospital in Pampanga to switch to clean power under the government’s Retail Aggregation Program.

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