Property News

Ayala Land nets P17.8B in Jan-Sep
Ayala Land

AYALA Land, Inc. (ALI) said net income for the first nine months of the year jumped 18 percent to P17.8 billion backed by the strong performance of its business units. Consolidated revenues amounted to P98.9 billion, an increase of 16 percent from last year, driven mostly by brisk real estate sales. Exceeding target levels, real […]

2 SSS execs in stock trading scandal resign
Amado Valdez

MANILA, Philippines — Two top executives of the Social Security System (SSS) have resigned while under investigation for their alleged involvement in a stock trading controversy. In an interview with the ABS-CBN News Channel, Social Security Commission (SSC) chairman Amado Valdez said equities investment division chief Reginald Candelaria and chief actuary George Ongkeko Jr. have tendered […]

Office locators prove Makati as enduring business district
Brighthall Realty & Development Corporation

Makati is widely regarded as the country’sfinancial district and Metro Manila’s primary central business district. In fact, its land values soar up to P1 million per sqm. going by the latest transactions. Its rents are also almost twice that of other business centers. “Makati will remain a prime business area for many years to come,” […]

SMDC eyes P6b in sales from Las Piñas project
SMDC

SM Development Corp., the residential unit of property developer SM Prime Holdings Inc., said Thursday it expects to generate P6 billion in sales from the four-tower residential condominium project along Alabang-Zapote Road in Las Piñas City. SMDC assistant vice president for project development Therese Sonsing-Fernando said in a news briefing the four-tower residential project called […]

Ayala expands coworking space network, opens BGC unit
BGC Clock In

A new coworking space under Ayala Land Inc.’s “Clock In” brand has opened in Bonifacio High Street, offering flexible office address to freelancers, start-up entrepreneurs and corporate teams who do not want to be tied to long-term leasing contracts. This is the third of Clock In coworking space to rise while three more are expected […]

‘Augmented intelligence’ in BPO combines man, machine
Augmented Intelligence BPO

MANILA – The automation of mechanical tasks will give Filipino workers in the business process outsourcing industry the opportunity to upgrade their skills, an industry official said Friday. Outsourcing will shift to “augmented intelligence” will see artificial intelligence taking over data input tasks while humans handle critical and situational analysis, said IT-Business Process Outsourcing Association […]

Arts, entertainment are now emerging industries in W. Visayas
Iloilo Entertainment

Iloilo City – The Department of Labor and Employment (DOLE) has found that arts and entertainment are emerging working industries in the Western Visayas region. “These are industries we have to reckon with,” said Salome Siaton, DOLE assistant regional director for Western Visayas. DOLE released the results of Job Fits, the labor market study conducted […]

1Go Loadr delivers logistics innovation
1Go Loadr

In1Go Technologies, a 100% Filipino-owned IT Services and BPO Company offering a suite of value enterprise solutions in project and sales force management, logistics, distribution and supply chain systems, introduces 1Go Loadr, a web and mobile enabled collaborative platform—an online marketplace —where both logistic outsourcees and services providers—haulers and shippers—converge to address the numerous delivery […]

Manila’s Bay Area dubbed hottest residential investment destination
Manila's Bay Area

Metro Manila’s Bay Area now records the city’s fastest average monthly take-up by local and foreign buyers in the past 12 months, according to real estate service provider, Santos Knight Frank. Part of the large track of land reclaimed from Manila Bay, the Bay Area is the site of the Mall of Asia Complex, home […]