The overall goal, Environment Secretary Toni Yulo-Loyzaga says, is to reforest these lands MANILA, Philippines – The Philippine government is set to open 1.2 million hectares of forest land for private investment and reforestation, after the Department of Environment and Natural Resources (DENR) releases data on these lands in the first quarter of 2025. “The D...
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FILRT sees 13.3% rise in new leases FILINVEST REIT CORP. (FILRT) saw a 13.3% increase in new leases for the first nine months of 2024 compared to the full year of 2023, the company said on Wednesday. The increase was led by new lease accounts and expansions of multinational companies within the Northgate Cyberzone development in Muntinlupa, FILRT said in a regulatory filing. &ld...
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MVP Group inks 25-year Camp John Hay lease, BCDA’s first Forest Cabin deal affirms new vision for Baguio complex, says Bingcang MANILA, Philippines — The Bases Conversion and Development Authority (BCDA) on Saturday said it had signed its first-ever long-term residential lease agreement in one of its properties inside Camp John Hay following their recovery of the estate...
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Bonifacio Global City in Taguig (Photo from PNA / Joan Bondoc) MANILA, Philippines — Philippine economic growth is expected to accelerate this year and in 2026, making the country one of the strongest performers among Southeast Asian economies. This is based on a report from the United Nations (UN) Department of Economic and Social Affairs. In its recently pu...
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Bilyonaryo Manny V. Pangilinan-led Landco Pacific Corp. has assumed interim management of the Camp John Hay and its facilities in Baguio, committing to a people-first approach during the transition process. This move, in collaboration with the Bases Conversion and Development Authority follows the final Supreme Court ruling on October 22, 2024, which upheld BCDA’s recovery of 247 hectares...
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MANILA -- Lance Gokongwei is stepping down as president and chief executive officer (CEO) of Robinsons Land Corporation (RLC) from February 1, the company said Monday. In a statement, the firm said Gokongwei will remain as its executive chairman and provide strategic guidance to the company. "Under his stewardship, RLC solidified its position as a leading player in the real estate...
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