PHINMA Properties: More low-cost houses for LGUs

The Manila Times By Catherine Talavera March 7, 2016 Affordable housing developer Phinma Property Holdings Corp. (Phinma Properties) will build more low-cost housing projects in partnership with local government units (LGUs) to benefit their homeless citizens, a company official said. On Saturday, the property developer held its turnover ceremony for its socialized housing project called

PHINMA Corp. bares expansion plans for units

BusinessWorld Online By Krista A.M. Montealegre March 22, 2016 PHINMA CORP. has charted expansion plans for its power generation, education, property and hotel businesses, riding on the sustained high-growth trajectory of the Philippine economy, the holding firm said in a regulatory filing. Affiliate Trans-Asia Oil and Energy Development Corp. (TA Oil) is completing the rehabilitation

Robredo eyes private partnership to address housing backlog

Rappler By Patty Pasion July 12, 2016 MANILA, Philippines – Vice President Leni Robredo urged business leaders to be partners of the government in building houses, especially for poorer families. “We will enjoin the private sector to be our partners in providing not just houses, but decent and affordable communities where our people will find

SWU buoys Phinma earnings

BusinessWorld Online By Keith Richard D. Mariano August 2, 2016 In a disclosure to the Philippine Stock Exchange on Monday, the company said its consolidated revenues was 16% higher at P3.1 billion from the P2.7 billion recorded for the comparable 2015 period. SWU contributed P247 million to the first-half results of Phinma. The university’s income

Private sector in mass housing takes cue from Vice President

BusinessWorld Online By Roy Stephen C. Canivel August 16, 2016 “The concept is to look for properties which are occupied by informal settler families and to look for a way by which you can divide the property so that segment of it is used to create better housing for the informal settler families, but at

PHINMA Energy name change approved by SEC

BusinessWorld Online By Victor V. Saulon August 24, 2016 The listed company received the approval on Aug. 22, 2016 from the Securities and Exchange Commission (SEC) or about four months after its majority shareholders approved the change in name during the annual meeting on April 12, 2016. Phinma Energy said the rename “captures the essence”

PHINMA Properties to focus on high-end market

The Manila Times By Catherine Talavera September 21, 2016 In an interview, Roberto M. Laviña, Senior Executive Vice President and Chief Operating Officer of PHINMA Corporation, the parent firm of Phinma Properties, told The Manila Times that the firm is looking to offer new products to the market to complement its existing offerings. “We will

PHINMA takes control of Cebu’s Southwestern University

Business World Online By Krista Angela M. Montealegre April 23, 2015 PHINMA Corp. has bolstered its portfolio of schools with the acquisition of a controlling stake in Southwestern University (SWU) in Cebu. PHINMA told the stock exchange its board approved the purchase of 17,201 shares equivalent to 56.83% of SWU for P1.9 billion. The investment

Calaca coal fed power plant unit 2 expected to come online 3Q 2015

Businessworld Online by Madelaine B. Miraflor September 11, 2014 Trans-Asia Oil and Energy Development Corp., the power arm of listed group Phinma Corp., is eyeing the third quarter of 2015 as the new prospective date for the commencement of the second unit of 270-megawatts coal-fired power plant in Calaca, Batangas. The listed company is currently

With teachers in school, students will come

By Linda B. Bolido |Philippine Daily Inquirer 12:05 am | Tuesday, September 9th, 2014 1 3 0 45 1 PHINMA president Ramon del Rosario (center, in barong) and TCF officials, with representatives of Phinma Education Network partners When The Citizens Foundation (TCF) set out on its campaign to help reduce illiteracy in Pakistan, which has