SEC approves public offerings from AREIT, Cityland The Philippine real estate sector continues to attract investor interest as regulatory approvals pave the way for new capital-raising initiatives. The Securities and Exchange Commission (SEC) recently approved the public offerings of AREIT Inc. and Cityland Inc., signaling strong confidence in the country’s financial markets. AREIT, a real…
DOF flags GSIS, SSS, PhilHealth accounting method Government Orders Full Compliance with Financial Reporting Standards The Department of Finance (DOF) has flagged PhilHealth, the Social Security System (SSS), and the Government Service Insurance System (GSIS) for failing to fully comply with Philippine Financial Reporting Standards (PFRS) 4 in their financial disclosures. According to…
Executives Bullish on the Philippine REIT Market The Future of the Philippine REIT Market The Philippine REIT market is gaining momentum, with new real estate investment trust (REIT) IPOs expected soon. Top executives are optimistic about its growth, positioning the country as a key player in the region. At a Securities and Exchange Commission…
MREIT to acquire 4 prime assets MREIT Inc., the real estate investment trust (REIT) company of township developer Megaworld, is finalizing the acquisition of four grade A, Philippine Economic Zone Authority-accredited properties by December this year. Subject to final approvals, the company is looking to acquire Two Techno Place, Three Techno Place and One…
PASSPORT OFW ako, ikinararangal ko. Ang pagiging isang Overseas Filipino Worker (OFW) ay isang paglalakbay na puno ng pagsubok, sakripisyo, at pagmamahal para sa pamilya at bayan. Sa bawat taong lumalabas ng bansa upang magtrabaho, bitbit nila ang pag-asang magkaroon ng mas magandang kinabukasan para sa mga mahal sa buhay. Sa likod ng matitibay…
PhilHealth and private hospitals will ‘collaborate’ to handle unpaid claims difficulties. The Philippine Health Insurance Corporation (PhilHealth) says it met with the Private Hospitals Association of the Philippines, Inc. (PHAPi) on Monday, Nov. 8, to discuss unpaid claims issues. In a statement, PhilHealth and PHAPi agreed to collaborate “to cooperatively resolve the claims payments…
REIT getting bigger, wider In my previous columns, I highlighted how investment trusts strengthen both the real estate sector and the broader economy in the Philippines. For one, REITs align the country with other advanced Asian markets that have well-established investment structures. Colliers believes REIT implementation will drive innovation, leading to better opportunities…
NFT Updates: 2022 Directory The world of NFTs continues to expand, bringing new opportunities, trends, and challenges for investors and digital enthusiasts. Whether you’re an experienced collector or just starting out, staying updated is crucial in navigating this ever-evolving space. This article serves as your ultimate NFT resource, compiling some of the most insightful…
“Money does not buy you happiness, but lack of money certainly buys you misery.” -Daniel Kahneman- Mandatory Use of SSS Payment Reference Number This photo was taken from: Facebook: Philippine Social Security System – SSS This photo was taken from: Facebook: Philippine Social Security System The date for using a payment reference number (PRN) for…
