investment | ABS-CBN News

House OKs REIT law amendment on 3rd, final reading

RG Cruz, ABS-CBN News
Posted at Mar 22 02:52 AM

The bill would also amend Republic Act 9856 also known as "The Real Estate Investment Trust (REIT) Act of 2009." Read more »

Maharlika Fund bill, isinumite na sa Senado

Jeffrey Hernaez, ABS-CBN News
Posted at Mar 20 09:07 PM

Hinimok ni Senator Mark Villar ang mga kasamahan na suportahan ang Maharlika Investment Fund Act na malaki umano ang magagawa para sa ekonomiya. Read more »

UBS takeover of Credit Suisse: the main points

Nathalie Olof-Ors, Agence France-Presse
Posted at Mar 20 11:10 AM

The takeover of Credit Suisse by UBS will create a banking giant unprecedented in Switzerland, where banking is a core part of the national identity. Read more »

House OKs REIT law amendment on 2nd reading

RG Cruz, ABS-CBN News
Posted at Mar 15 09:54 PM

The House of Representatives approves on 2nd reading House Bill 7525 which provides for a reinvestment framework for Real Estate Investment Trust (REIT) sponsors or promoters. Read more »

MVP to remain Metro Pacific chairman, president, CEO for 'foreseeable future'

ABS-CBN News
Posted at Mar 15 11:14 AM

Metro Pacific Investment Corp said on Wednesday Manny Pangilinan would continue serving as its Chairman, President and CEO of the company in the foreseeable future. Read more »

What to consider when investing in real estate this 2023

Johanna L. Añes-de la Cruz
Posted at Mar 14 06:22 PM

“We’re starting to see an improvement in the residential market, it’s definitely on its way to recovery…” Read more »

Japan Credit Rating Agency affirms PH's 'A-' rating: DOF

ABS-CBN News
Posted at Mar 10 05:05 PM

Japan Credit Rating Agency affirmed the Philippines' A- rating with a stable outlook despite a backdrop of global uncertainties and elevated inflation, the DOF said. Read more »

Cash-strapped Egypt offers citizenship to foreigners investors

Agence France-Presse
Posted at Mar 09 07:35 AM

One can become a citizen of Egypt by making a non-refundable $250,000 deposit in direct revenues in foreign currency into the state's public treasury. Read more »

Metro Pacific posts P14.2-B core net income in 2022

ABS-CBN News
Posted at Mar 08 02:06 PM

Metro Pacific Investments Corp said on Wednesday its net consolidated core net income reached P14.2 billion in 2022, higher by 15 percent compared to the previous year. Read more »

AREIT says to add P22.5-B of Ayala Land offices, malls to portfolio

ABS-CBN News
Posted at Mar 08 12:40 PM

Listed real estate investment trust AREIT Inc said on Wednesday it would conduct a property-for-share swap with its sponsor Ayala Land worth P22.5 billion. Read more »

Padilla brings cha-cha hearing to Mindanao, gets backing from local bizmen

Jauhn Etienne Villaruel, ABS-CBN News
Updated as of Mar 02 08:51 PM

Sen. Robin Padilla went ahead with the hearing even after Pres. Ferdinand Marcos said charter change was not a priority of his administration. Read more »

BPI Wealth wins bid for P1-B Pag-IBIG Fund portfolio

ABS-CBN News
Posted at Mar 02 08:51 AM

The Bank of the Philippine Island's wealth management arm BPI Wealth said it won the bid to manage an additional Pag-IBIG Fund P1 billion portfolio. Read more »

SM Investments Corp eyes tender offer for 2GO shares

ABS-CBN News
Posted at Feb 28 04:56 PM

SM Investment Corp said on Tuesday its board approved a tender offer of up to 378,817,279 common shares equivalent to 15.39 percent of issued and outstanding common capital stock of 2GO. Read more »

Senate panel concludes hearings on Maharlika bill

ABS-CBN News
Posted at Feb 27 08:01 PM

The TWG will begin its work Wednesday, Sen. Mark Villar said. Read more »

Speaker: Japanese group 'interested' in Maharlika fund

RG Cruz, ABS-CBN News
Posted at Feb 24 06:12 PM

House Speaker Martin Romualdez, however, did not name the potential investor. Read more »

PH's largest vegetable greenhouse to rise in Bulacan

Jekki Pascual, ABS-CBN News
Posted at Feb 20 05:08 PM

Metro Pacific Investments said it is building the country's biggest vegetable greenhouse which is capable of producing output all year round. Read more »

P239-B investments from Marcos trips 'materialize': Palace

Job Manahan, ABS-CBN News
Posted at Feb 17 11:50 AM

Around P239 billion in investment commitments that President Marcos secured in his foreign trips 'have materialized', Malacanang said on Friday. Read more »

Senators question provisions in proposed Maharlika investment fund

ABS-CBN News
Posted at Feb 15 10:33 PM

Philippine senators criticized an administration proposal to create a sovereign wealth fund. Read more »

PhilHealth charter nixes investing in Maharlika: CEO

Vivienne Gulla, ABS-CBN News
Posted at Feb 15 08:08 PM

But should a law be passed amending the PhilHealth charter, Ledesma said the PhilHealth Board and senior officers will study the matter. Read more »

Remove BSP, state banks from Maharlika: advocacy group

ABS-CBN News
Updated as of Feb 16 08:34 AM

An economics advocacy group said including the BSP, and two major state-run banks as funding sources in the proposed Maharlika fund will create a lot of problems. Read more »