3 Japan firms vie for lease of RP’s Tokyo lot
THREE Japanese companies are on the shortlist of firms vying for a 50-year lease of a Philippine government property in a posh district of Tokyo.
Ayala Land subsidiary to focus on community shopping centers
PROPERTY giant Ayala Land Inc. seeks to diversify its revenue stream by going into the pocket development of community-based shopping malls that are much smaller than Greenbelt or Glorietta.
Alliance Global profit up 16% in 9 months
TYCOON Andrew Tan’s holding firm Alliance Global Group Inc. grew its nine-month consolidated net income by 16 percent to P4.7 billion from a year ago on higher profit from its property and consumer businesses.
Ombud says CICC probe over before year ends
DEPUTY Visayas Ombudsman Pelagio Apostol assured yesterday that the investigation on the alleged anomalies in the construction of the Cebu International Convention Center (CICC) will be completed before the year ends.
Ayuntamiento project to start in December
MALL BUILDER DDT KONSTRACT INC. bagged the P1.2-billion contract to rebuild the historic Ayuntamiento building in Intramuros.