ALI plans P10-B bond offering

AYALA LAND, Inc. (ALI) plans to raise P10 billion from the issuance of fixed-rate bonds by November, as the company completes its funding requirements for the year.

Ayala Land unit brings its luxury condominiums to QC, Pasig

AYALA LAND Premier (ALP) is building its first luxury residential condominiums in the Quezon City and Pasig areas.

Bloomberry ordered to pay $100M in damages to GGAM

A SINGAPORE-BASED tribunal has ordered Bloomberry Resorts Corp. to pay over $100 million (P5.2 billion) to Global Gaming Asset Management Philippines (GGAM) as damages for lost management fees for the termination of its management services in 2013 and other costs, and to buy back about P10.17 billion worth of its shares held by GGAM.

Conrad Manila’s Presidential Suite bags award

SM HOTELS and Conventions Corp.’s (SMHCC) five-star property Conrad Manila recently received the Hotel Suite Asia Pacific 2019 award at the International Hotel and Property Awards for its Presidential Suite.

PCC approves Pasay JV with Dennis Uy-led group

THE Philippine Competition Commission (PCC) green-lit a joint venture (JV) between the City Government of Pasay and a group led by Davao-based businessman Dennis A. Uy that will pave the way for a 265-hectare Manila Bay land reclamation project in Pasay City.

5th Danish film festival opens with Filipino movie

THE Embassy of Denmark is opening the fifth installment of the Danish Film Festival by screening the first Filipino film shot in Greenland, an autonomous region within the Kingdom of Denmark.

New Cebu City tower seeks to attract BPO companies, entrepreneurs

A NEW office tower in Cebu Business Park (CBP) is seeking to attract business process outsourcing (BPO) companies, outsourcing suppliers, and Filipino entrepreneurs.

PHL grantees and Asian films to compete in revamped QCinema

NOW ON ITS 7th year, in its bid to become the premier international film festival in the region, the QCinema International Film Festival has revamped this year’s main competition to include not only the festival’s grantees but also Asian films. The Asian Next Wave competition is replacing both the festival’s main Circle competition and Asian New Wave competition.

Max’s is the big winner at the YouTube Ads Awards

MAX’S PHILIPPINES’ commercial, “Every Kind of Family, Every Day to the Max,” which celebrates all kinds of families, won this year’s YouTube Ads Award Ad of the Year alongside the Crystal award for Food and Beverage, as well as two Silver awards for Retail and Restaurants, and Corporate Image and Public Sector.

Liquidity, bank lending growth ease in August despite demand

MONEY SUPPLY growth eased in August despite continued demand for credit, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.

More banks, institutions submit credit data to CIC

STATE-RUN Credit Information Corp. (CIC) has reported an increase in registered financial institutions and those regularly submitting credit data for its credit information database.

BoJ board debated near-term stimulus in Sept.

TOKYO — Bank of Japan (BoJ) policy makers debated the feasibility of ramping up stimulus in the near future when they met for a rate review in September, a summary of their opinions showed on Monday, as intensifying overseas risks cloud the economic outlook.