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Hectares and gladman developments are proposing to build over 400 houses on it. the water levels are gradually seeping up onto this land, which would be a disaster to build on. i think it would | definitely make the flooding issue worse because they are going i to concrete over - what is now wetland which can drain through, - whereas houses it doesn't drain through, it willjust run off. you can see today it's completely underwater. so i don't know how they would propose to build pathways because presumably they would get washed away on an annual basis. gladman developments declined an intervie...

Alliance Global Group Inc. of tycoon Andrew Tan is allocating P70 billion for its capital expenditures this year, 23 percent higher than the year ago to sustain the strong growth momentum of its domestic and international operations.

McDonald’s Philippines is optimistic of continued growth this year as the company reports a double-digit sales growth in the first quarter.

BusinessWorld May 11, 2021 | 12:06 am ALLIANCE Global Group, Inc. (AGI) said it generated P8.8 billion in net income to owners in 2020, around 50% lower than the P17.72 billion seen a year ago as the pandemic hit most of the conglomerate’s businesses. “The pandemic really taught us so many lessons as a group and we see this as a perfect opportunity to strengthen our resolve to have a more diversified portfolio that could provide a balanced stream of earnings in a post-pandemic scenario,” AGI Chief Executive Officer Kevin L. Tan said in a statement on Monday. The holding ...

BusinessWorld February 9, 2021 | 12:06 am Financial sustainability, expired leases lead to decision MCDONALD’S Philippines shuttered 30 stores last year after lease expirations and some concerns with financial sustainability, but opened 16 new stores despite the pandemic. Golden Arches Development Corp. (GADC), the master franchisee of the McDonald’s brand in the Philippines, posted a net loss of P967 million as of September last year, compared with the P1.2-billion net income in the same period in 2019. Sales revenues fell 39% to P14.2 billion, with system-wide sale...