Tag: Filinvest Hospitality Corporation (FHC)

Festival Mall ushers in Christmas in Alabang

Festival Mall ushers in Christmas in Alabang

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This past Friday, the Christmas season in Alabang was ushered in by Festival Mall with a lot of excitement during the annual Christmas Tree Lighting Ceremony which unveiled a giant Christmas tree presented in partnership with POP MART.

The event officially launched “The Magic of Christmas” celebration in Alabang and in attendance were top officials of the City Government of Muntinlupa, Filinvest executives, Festival Mall itself and many other invited guests.

Decorated Christmas tree with a Wishes Come True sign and POP MART display in a shopping mall atrium
The fabulous looking giant Christmas tree inside Festival Mall. The mall’s strategic partner POP MART is global designer toy company that connects artists and fans through collectibles and immersive experiences.

I myself attended the Christmas tree lighting ceremony which was organized with a lot of excitement and it executed a fresh creative spin on the holiday tradition. Seated at front row were Muntinlupa City Mayor Ruffy Biazon, Vice Mayor Stephanie “Phanie” Galan Teves-Wong, Filinvest Hospitality Corporation CEO Francis Gotianun and Festival Mall General Manager Yvette Dizon. Near me were Donna Santiago of South Snippets, some local business owners, bloggers, vloggers and members of the press. Unsurprisingly, there were a lot of spectators who viewed the ceremony.

Man speaking on stage at a POP MART holiday event in a shopping mall, with a large decorated Christmas tree and seated audience.
Muntinlupa City Mayor Ruffy Biazon delivered his remarks to the many guests who attended the Christmas Tree Lighting Ceremony.
Man holding a microphone on a holiday-themed mall stage beside a decorated Christmas tree, speaking to children in the audience.
Filinvest Hospitality Corporation CEO Francis Gotianun spoke to the attendees.

“The reason why we celebrate Christmas is Jesus Christ. And for that, there should be enough reasons for us to celebrate and be happy and thankful,” Mayor Biazon said when he delivered his remarks. “The message we would like to share to the people is that we should be thankful. Whether it is small or large we receive, we have to be grateful for the blessings we receive from God.”

“At Festival Mall, we always wanted to be more than just a shopping destination. We want to be a place for families and friends who come together enjoying new experiences, celebrate special occasions, or simply spend quality time with each other. What better time to celebrate than Christmas? This year, we are bringing to you the unboxing of the magic of Christmas made even more exciting in partnership with POP MART,” Filinvest Hospitality Corporation CEO Francis Gotianun said.

Vice Mayor Teves-Wong also delivered her remarks.

After the important words shared by the special guests, a short stage presentation was held telling a short story about Christmas emphasizing the suspense and mystery that come with receiving gifts during the season.

After that, the exciting countdown and formal lighting of the giant Christmas tree happened, and you can watch the short clip by clicking https://www.facebook.com/share/v/1EtLcyw1m6/

Decorated Christmas tree with gifts and a “Wishes Come True” sign in a brightly lit shopping mall
This is what the newly lighted Christmas tree looks like from a higher part of Festival Mall.

A meet-and-greet with Santa Claus followed and several children (who were from the City Government and its Social Services Department and others from the Down Syndrome Association of the Philippines) received gifts one by one. The invited guests were treated with a Christmas buffet and free-flowing drinks.

Festival Mall’s legacy of Christmas and giving – Festival Mall, which first opened in May 1998 and remains a strong shopping and lifestyle destination in South Metro Manila, is the flagship of Filinvest Malls, the retail business unit of Filinvest Land, Inc. Its Christmas celebration carries the mother brand’s message of community and connection into a place where families and friends come together to shop, dine, and spend time with one another. The partnership with POP MART for the November 6 Christmas tree lighting ceremony placed character-based creativity at the center of Festival Mall’s Christmas story.

Santa Claus seated on an ornate red throne surrounded by people at a festive event
A meet-and-greet between Santa Claus and the children was held during the ceremony. City Government officials and Filinvest executives in the background.
Children posing in front of a decorated Christmas tree and festive holiday display at a shopping mall
Children from Muntinlupa City (and the Social Services Department of the City Government) and Down Syndrome Association of the Philippines pose with Santa Claus by the lighted Christmas tree. (photo contributed by Festival Mall).

Along the way, the mall held its 4th Season of Sharing in partnership with the City Government of Muntinlupa and its Social Services Department. Several children endorsed by the City Government were welcomed at Festival Mall for a special day of fun that includes arcade gaming, amusement rides, meals and the receiving of Christmas gifts. The sharing reflected the mall’s commitment to being an active and caring community partner. Festival Mall hopes to share not only gifts but also meaningful experiences and memories, reminding everyone that the spirit of Christmas is also about extending kindness and making others feel valued.

“For me, if we can make even one child smile, give someone a reason to feel happy, or make a family’s Christmas a little more special, then we’ve already done something meaningful,” said General Manager Yvette Dizon.

Christmas experience this year – For the 2026 Christmas season, Festival Mall is reviving Rhythm & Lights 4 on December 12 which is a Christmas musical celebration in a festive gathering. The said event will give shoppers and visitors a new opportunity to come together and enjoy the season through live performances.

With its Christmas tree as a meeting point with shopping, dining, and leisure experiences around it, Festival Mall is inviting visitors to make their next holiday gathering part of “The Magic of Christmas” at Filinvest Malls.

Five people posing in front of a decorated Christmas tree with a Wishes Come True sign in a brightly lit shopping mall.
Filinvest executives pose with Mayor Biazon near the Christmas tree. (photo contributed by Festival Mall)
Group of children and adults in festive costumes posing beneath a decorated Christmas tree at a shopping mall event
The children with the special guests, performers and others posed in front of the many photographers.

In ending this post, I want to point to what Mayor Biazon said about Jesus being the reason we celebrate Christmas. Lord Jesus is the hope of ALL nations. To learn more about the Him and His eternal holiness, I encourage you all to grab the Holy Bible and read the following references: Isaiah 9:6, John 3:16, John 6:26-40, Matthew 2:1-2, John 5:19-23 and John 8:12. This Christmas, always be thankful to those who gifted you and also to the Lord. Honor and thank Him for all the blessings and happiness you received.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Filinvest Development Corporation’s Net Income Reaches P3.9 Billion In 1st Quarter Of 2026

Filinvest Development Corporation’s Net Income Reaches P3.9 Billion In 1st Quarter Of 2026

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As there are lots of signs of a weakening Philippine economy connected with higher fuel prices and accelerating inflation, Filinvest Development Corporation (FDC) achieved growth in the first quarter this year with its net income reaching P3.9 billion, according to a news report by the Manila Bulletin.

To put things in perspective, posted below is an excerpt from the Manila Bulletin report. Some parts in boldface…

Filinvest Development Corp., the holding company of the Gotianun family, reported an eight percent increase in attributable net income to ₱3.9 billion for the first quarter, as robust performances in its banking and real estate divisions mitigated the sharp downturn in its power business.

The firm reported to the Philippine Stock Exchange that its consolidated net income grew by seven percent to ₱4.8 billion from ₱4.5 billion in the first quarter of 2025.

Total revenues and other income for the first quarter of 2026 rose by five percent versus the same period in 2025 to ₱30.8 billion.

The increases in revenues and other income by business segment were: Banking, 12 percent to ₱15.6 billion; Real estate, 16 percent to ₱7.9 billion; and Hospitality, 0.8 percent to ₱1.2 billion. Power declined by 28 percent to ₱3.6 billion.

“Business results were mixed: Real Estate and Hospitality showed resilience against macroeconomic pressure while for others, profits were flat or experienced decreases versus a year ago,” said FDC President and CEO Rhoda A. Huang.

She noted that, “We are facing the challenges with resolve to achieve revenue and profit growth in 2026, despite increasing inflation and weakening GDP growth, through astute strategies and persistence of our organization.”

Banking unit EastWest Bank’s (EW) top-line growth was driven by increased loan volumes and effective management of funding costs, resulting in a 20 percent rise in net interest income (NII) to ₱11.1 billion.

Non-interest income was affected by trading performance amid volatile market conditions, but this was partially offset by an eight percent growth in fee-based income.

FDC’s Real Estate business, composed of Filinvest Land, Inc. (FLI), Filinvest Alabang, Inc. (FAI), and Filinvest REIT Corp. (FILRT), recorded a 16 percent revenue increase to ₱7.9 billion due to stronger residential and commercial lot sales.

Residential sales increased by 28 percent, driven by sustained sales of ready-for-occupancy units and a higher percentage of completion for various residential projects. Mall and rental revenues remained steady with slight gains in occupancy and foot traffic.

The Power subsidiary, FDC Utilities, Inc. (FDCUI), reported total revenues and other income of ₱3.6 billion for the first quarter of 2025 due to a notable decrease in spot market sales and lower coal cost passthrough rates. This was mitigated by reduced costs resulting from lower sales volume.

Revenues from hotel operations under Filinvest Hospitality Corporation (FHC) remained consistent with the previous year’s level, supported by higher average room rates and enhanced contributions from the Food and Beverage (F&B) segment across its portfolio.

The Banking segment was the largest contributor to revenue and other income for the first quarter of 2026, representing 51 percent of the conglomerate’s total.

Real Estate and Power followed with contributions of 26 percent and 12 percent, respectively. The Hospitality segment accounted for four percent of revenues, while the remainder was attributed to other business units.

Let me end this post by asking you readers: What is your reaction to this recent development? Considering the current state of the economy of the Philippines today, how do you think Filinvest Development Corporation will be able to perform financially in this current quarter and the next quarter?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673