The partnership is the second collaboration between the Filinvest group and ENGIE, having concluded a joint-venture agreement for the incorporation of Philippine DCS Development Corp. (PDDC) to…
Category: News
FDC Misamis turns 2, fetes coop-associates
FDC Misamis Power Corporation (FDC Misamis) in PHIVIDEC Industrial Estate, Villanueva, Misamis Oriental marked its 2nd anniversary last Friday, September 21, 2018 with Customers’ Appreciation Night…
NAIA consortium’s P102-B proposal gains ground
The NAIA consortium is composed of Aboitiz InfraCapital, Inc.; AC Infrastructure Holdings Corp.; Alliance Global Group, Inc.; Asia’s Emerging Dragon Corp.; Filinvest Development Corp.; JG…
FDC hopes to complete Clark hotel expansion by SEA Games
Quest Hotel currently offers a total of 303 rooms, which FDC renovated after taking over from the previous operator, the Holiday Inn group. Mr. Beck noted that the hotel’s average occupancy rate is…
FDC doubles profit in Q2
The real estate business under Filinvest Land, Inc. accounted for the bulk of revenues. For the April to June period, real estate operations generated P7.65 billion in revenues, 56% higher than the…
How the NAIA Consortium did it
A few meters away, inside a holding room in the glittering Makati Shangri-La Hotel, the tycoons gathered to make sure that every page in the document was signed.
Three teams were to deliver three…
Existing NAIA location favored, survey shows
The statement, citing the SWS survey, said 57 percent of respondents were “hopeful that Naia will be rehabilitated.” It added that 29 percent were undecided while 14 percent were “not hopeful.”…
Conglomerates ready to start Naia expansion
The consortium committed to spend P106 billion over the 15-year concession.
Reverente said the consortium could act quickly because it already had the design, the funds, the technical partner (…
DOTr approves NAIA Consortium
Additionally, with effective and efficient connectivity across the country, we can bring more tourists to our destination islands such as Boracay, Siargao, and Palawan, among many others. The more…
Filinvest Q1 earnings up 18% at P2.8B
Property arm Filinvest Land, Inc. (FLI) saw net income advance 7 percent to P1.5 billion on the back of a 7 percent increase in revenues to P6.3 billion, supported by the further expansion of its…