Archive for February, 2013

GT Capital Holdings Open To Partnership With The Government

The investment arm of Metrobank Group of Taipan George S.K. Ty, GT Capital Holdings Inc. is open to forge partnerships with entities competing for projects under the Public-Private Partnership (PPP) program of government.

“If we can get a strategic partner, why not,” said GT Capital president Camelo Bautista when asked whether the group was looking at bidding for PPP projects.

However, Bautista said that there is nothing on their table right now and they remain focused on further increasing their core businesses which includes financial services, real estate, automotive distribution, insurance and power.

Growing Partnership of Filipino and Israeli Businessmen Aims to Triple Trade

Filipino and Israeli businessmen aim to triple bilateral trade amid glowing partnership prospects.

During a business forum on Monday, Philippine Chamber of Commerce and Industry (PCCI) President Miguel B. Varela said two-way trade between the Philippines and Israel amounted to the maximum amount $250 million as of last year.

The Rise of Real Estate Industry in Philippine Economy

What to be expected for the country’s real estate services firm this year?

Heading by fearless projection of five real estate consultants, the expectation for 2013 is rosy.

Julius Guevara, associate director for advisory services and head of consultancy and research of Colliers International, said that in general the bullish performance of the economy is seen to continue in 2013. “2012 proved to be a very good year for the Philippine economy, specifically for real estate.

San Miguel Properties Is Going Private

San Miguel Properties Inc. (SMPI), the real estate development provider associated with San Miguel Corporation is about to experience an offer for its shares inventory as well as voluntarily delist in from the Philippine Stock Exchange.

In a revelation to the Philippine Stock Exchange, SMPI mentioned the actual move to file the case with regard to non-reflex delisting had been accepted by the board of directors last February 5.