AYALA LAND, Inc. (ALI) and the Araneta Group (ARC and GAInc) during ADC’s recently held board meeting (L-R) ALI SVP and ADC board member Anna Ma. Margarita Dy, ALI and ADC CFO Augusto Bengzon, ALI President and ADC Chairman Bernard Vincent Dy, ALI SVP and

PHILIPPINE STAR/ MIGUEL DE GUZMANTHE office space vacancy rate in Metro Manila slipped to 19.9% in the third quarter, from 20.6% in the second quarter, as rates eased in all business districts for the first time since the pandemic, according to real estate services and

THE toll development arm of Metro Pacific Investments Corp. (MPIC) said delays in the completion of its Cavite-Laguna Expressway (CALAX) project added 15% to its total cost.According to Metro Pacific Tollways Corp. (MPTC) Chief Financial Officer Christopher Daniel C. Lizo, the CALAX project was supposed

MICHAEL J. FOX in a scene from the 1985 blockbuster film Back to the Future.LOS ANGELES — Actor Michael J. Fox, who charmed audiences in 1980s TV comedy Family Ties and the Back to the Future movies, received an honorary Oscar on Saturday for

A NEW residential community will rise within Landco BeachTowns’ Club Laiya, San Juan, Batangas.The Premier District is the latest property development launched by Landco Pacific Corp.“The residential area in the Laiya resort setting is a little more inland yet within walking distance to and from

LAS VEGAS — An “incredibly nervous” Adele kicked off her Las Vegas concerts on Friday, 10 months after she angered fans by postponing the shows at the last minute.People who attended the chart-topper’s first Weekends with Adele show at Caesars Palace said they were thrilled

THE GOVERNMENT partially awarded the Treasury bills (T-bills) it auctioned off on Monday as the market digested the recent tightening move of the Bangko Sentral ng Pilipinas (BSP) and the possibility of another rate hike by the US Federal Reserve.The Bureau of the Treasury (BTr)

GLOBE Telecom, Inc. announced on Monday that it had fired up more than 600 fiber WiFi hubs in the country as of the end of October.The goal is “to address the growing need for connectivity nationwide as the economy opens up and mobility improves,” the

THE CENTRAL BANK is expected to continue raising benchmark interest rates until next year as inflation remains elevated. — BW FILE PHOTOTHE CENTRAL BANK is likely to continue its tightening cycle to tame inflation in the coming months, but it may deliver less aggressive rate

INTERNATIONAL Workspace Group (IWG) recently inked a 10-year management agreement with Kyleson, Inc. to open a Regus franchise center in Las Piñas City.The flexible workspace center, located within the Colours Town Center, will have 195 workstations and 1,200 square meters (sq.m.) of co-working desks, meeting

A NEW Mexico sheriff’s office on Friday released documents from his investigation into the fatal shooting of cinematographer Halyna Hutchins last year on the set of Western movie Rust, as a state prosecutor decided whether to press criminal charges. Among 551 pages published by the

LBC Express Holdings, Inc. saw its attributable net loss for the third quarter of the year widen to P144.11 million from a loss of P64.22 million in the same period a year ago, mainly due to higher non-operating expenses.The company’s service revenue for the period