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July 16, 2021
By Iñigo S. Roces With more countries pledging to only sell electric vehicles within the coming decades, many may be asking, when will the Philippines do the same? These and more obstacles to switching to electric will be discussed in the coming Electric Vehicle Summit. The event is organized by the Electric Vehicle Association of the Philippines (EVAP), together with the Manila Electric Company (MERALCO) and in partnership with the Department of Energy (DOE). These entities are behind the Nin...
May 25, 2021
North America Semiconductor Assembly and Testing Services Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Services and Application The North America semiconductor assembly and testing services market is expected to grow from US$ 14,780. 58 million in 2020 to US$ 21,948. 28 million by 2028; it is estimated to grow at a CAGR of 5. 2% from 2021 to 2028. May 25, 2021 07:58 ET | Source: ReportLinker ReportLinker Lyon, FRANCE New York, M...
May 14, 2021
Published May 14, 2021, 4:54 PM AREIT Inc. (AREIT), Ayala Land’s pioneering Real Estate Investment Trust (REIT) in the Philippines, posted a 60 percent jump in net income to P403 million for the first quarter of 2021 compared to the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said growth was driven by stable operations and the contribution of newly-acquired assets. With a high occupancy rate of 99 percent and strong 95 percent collection rate, total reven...
March 3, 2021
The second real estate investment trust in the country will be available to the public before the closing of the first quarter of the year. DoubleDragon Properties Corp.’s DDMP REIT Inc. will debut on the local stock market on March 23, as the Philippine Stock Exchange gave a green light to its initial public offering (IPO) recently, the ABS-CBN News reported. It is the first company to launch a public offering in 2021. The IPO will run from March 10 to 16, after the announcement of the final...
February 25, 2021
Photographer: SeongJoon Cho/Bloomberg In a disclosure to the Philippine Stock Exchange, IMI said revenues dipped to $1.14 billion in 2020 from $1.25 billion in 2019. However, with demand for electronics products continuing to rise, IMI achieved its highest quarterly performance with a revenue record of $347 million in the fourth quarter of 2020, an increase of 12 percent over the same period in 2019. The strong rebound of IMI’s focus segments, along with improved manufacturing efficiency, dro...
February 24, 2021
AREIT, Inc. (AREIT), the real estate investment trust of Ayala Land, Inc. (ALI), reported a net income of P1.23 billion last year, up 42 percent if excluding a one-time gain in 2019. In a disclosure to the Philippine Stock Exchange, the firm said the higher profit is on account of its stable oper
January 18, 2021
Published January 19, 2021, 5:00 AM AREIT, Inc. (AREIT), a subsidiary of Ayala Land, Inc. (ALI), reaped multiple international awards and citations in 2020 as the first Real Estate Investment Trust (REIT) to list in the Philippine Stock Exchange (PSE) last year. The landmark debut saw AREIT successfully complete its initial public offering (IPO) that has made the Philippine property market more inclusive and accessible to Filipino investors. The AREIT IPO was named the South East Asia Deal of t...
January 6, 2021
Global Semiconductor Assembly and Testing Services (SATS) Market to Expand Despite the COVID-19 Pandemic, Market Analysis by Growth, Demand, Business Trend