Filinvest REIT Corp. (FILRT) signed a lease agreement with Gear Inc., a global player in Business Process Outsourcing established in 2007. Headquartered in Singapore, Gear Inc. powers business growth with over 6,000 professionals from East, South, and Southeast Asia, North and South America, and EMEA.
Tag: Gotianun
BOI grants green lane certificate to Filinvest’s Php4.8-B hydroelectric power project in Pangasinan and Nueva Vizcaya
The Philippine Board of Investments (BOI) has awarded the Green Lane Certificate of Endorsement to the 33.400 MW Pampang Hydroelectric Power Project of FDC Renewables Corporation (FDC Renewables) utilizing a run-of-river hydro scheme. This Project, which is identified as a Strategic Investment pursuant to E.O. 18, straddles along the municipalities of Santa Fe, Nueva Vizcaya, and San Nicolas, Pangasinan.
Filinvest Hospitality Corporation fuels expansion with Grafik Hotel Collection
Filinvest Hospitality Corporation (FHC) formally topped- off its latest hotel development, Grafik Hotel Collection, located within Camp John Hay. This marks the official launch of FHC’s Grafik Hotel Collection, a new line of hotels aiming to deliver guest experiences that will inspire stories about Filipino culture and heritage. The project is in partnership with the Bases Conversion and Development Authority (BCDA) and John Hay Management Corporation (JHMC).
Isabelle Gotianun Yap, Women Leaders Join Filinvest Board
Filinvest Development Corporation (FDC) recently welcomed EastWest Bank’s Executive Director Isabelle Gotianun Yap and two other women leaders to its board of directors, further emphasizing the company’s commitment towards embracing inclusion at the highest levels of the organization. Joining Yap as FDC’s new board of directors are Atty. Marievic G. Ramos- Añonuevo and former Philippines Treasurer Mina C. Figueroa. The company’s board of directors comprises five women out of seven members, marking a significant step forward on gender parity and diverse leadership.
FDC 1Q24 net income grows by 36% to P2.9B
Filinvest Development Corporation (FDC) reported a growth of 36 percent in net income attributable to equity holders of the parent company of ₱2.9 billion in the first quarter of 2024 from ₱2.2 billion in the same period last year, while consolidated net income rose by 27 percent to ₱3.7 billion.
FDC declares 58% increase in dividend per share underscoring robust growth
Filinvest Development Corporation (FDC) reported a growth of 36 percent in net income attributable to equity holders of the parent company of ₱2.9 billion in the first quarter of 2024 from ₱2.2 billion in the same period last year, while consolidated net income rose by 27 percent to ₱3.7 billion. The growth was achieved on the back of strong contributions from the banking, power and property businesses. Total revenues and other income rose by 28 percent to ₱26.4 billion, faster than the increase in costs and expenses of 25 percent to ₱21.6 billion.