Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
ALI reallocates ₱1.4B to New World Hotel
Manila Bulletin
|August 13 2025
Real estate giant Ayala Land Inc. (ALI) is reallocating P1.44 billion from the sale proceeds of AREIT Inc. shares—originally earmarked for the redevelopment of Bank of the Philippine Islands’ (BPI) Ayala headquarters—to fund its acquisition of the 578-room New World Hotel.
In a disclosure to the Philippine Stock Exchange (PSE), ALI announced an amendment to its reinvestment plan for AREIT share sale proceeds, removing the BPI headquarters redevelopment from the list of funded projects and replacing it with the New World Hotel.
ALI has also decided to increase the allocation for its Arbor Lanes project to P699.21 million from the original P478 million, while its budget for Mandarin Hotel has been slashed to P559.42 million from P1.18 billion.
Esta historia es de la edición August 13 2025 de Manila Bulletin.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Manila Bulletin
Manila Bulletin
'Trillion Peso March 2.0' in Negros Island peaceful
Police declared that the “Trillion Peso March 2.0” protest in Negros Island on Sunday, Nov. 30, was generally peaceful.
1 min
December 2, 2025
Manila Bulletin
Malaysia-PH art festival opens at Intramuros, celebrating cross-cultural exchange
The Embassy of Malaysia in Manila, in collaboration with Art dialogo Asia, Tourism Malaysia, and the Department of Education (DepEd) Manila, formally launched the SENI SIKAT: Malaysia-Philippines Art Festival at the Centro de Turismo Intramuros on Nov. 26, 2025.
2 mins
December 2, 2025
Manila Bulletin
La Union opens Christmas village
The “Naragsak a Paskua” Christmas village opened on Monday, Dec. 1, featuring a 17-meter giant Christmas tree with almost 900 “parols” (Christmas star) at the Speaker Pro Tempore Francisco Ortega Convention Center Complex.
1 mins
December 2, 2025
Manila Bulletin
Muntinlupa mayor says no consultation made by LTO on e-bike ban
Muntinlupa Mayor Ruffy Biazon said the Land Transportation Office (LTO) did not hold any consultation when it announced that e-bikes and e-trikes would be banned from plying major roads.
1 mins
December 2, 2025
Manila Bulletin
International bazaar 2025 opens in Pasay City, showcasing global fellowship and generosity
The World Trade Center tent in Pasay City came alive with color, culture, and camaraderie as the 59th International Bazaar officially opened its doors on Sunday, Nov. 16, 2025.
2 mins
December 2, 2025
Manila Bulletin
Manila gov't set to release teachers’ allowances and laptops, TV sets for public schools
Mayor Francisco “Isko Moreno” Domagoso announced the release on Monday, Dec. 1, of the P45 million allowance for teachers for May and June.
1 min
December 2, 2025
Manila Bulletin
The Embassy of Hungary hosts 'Hungarian poultry delights' export promotion
Hungary showcases culinary excellence in the Philippines
2 mins
December 2, 2025
Manila Bulletin
Matcha made in heaven
How 22-year-old student Caitlin Lee built a matcha brand from scratch
3 mins
December 2, 2025
Manila Bulletin
Leyte town lights Christmas tree
The municipality of Carigara in Leyte province lighted their giant Christmas tree on Sunday, Nov. 30.
1 min
December 2, 2025
Manila Bulletin
'Zootopia 2' shatters records with $556 million global debut
\"Zootopia 2\" had a roaring and record-setting opening at the box office.
2 mins
December 2, 2025
Listen
Translate
Change font size