Recently in Las Piñas City, almost four thousand senior citizens from nine different barangays received their social pension of P3,000 each for the first quarter this year, according to a Manila Bulletin news report.
To put things in perspective, posted below is an excerpt from the Manila Bulletin news report. Some parts in boldface…
The Las Piñas City government released cash aid to 3,900 senior citizens across nine barangays as part of the first-quarter social pension program for 2026.
Las Piñas City Mayor April Aguilar said the payout, led by the Department of Social Welfare and Development (DSWD), was conducted at the Aguilar Sports Complex to ensure an orderly and efficient distribution.
A total of 1,700 beneficiaries from Barangays Talon Uno, Talon Singko, Talon Tres, and Pilar received P3,000 each during the initial payout.
Another 2,200 senior citizens from Barangays Ilaya, Pamplona Uno, Manuyo Dos, Daniel Fajardo, and Elias Aldana got their cash assistance on April 20.
Aguilar said the distribution was “smooth, organized, and fast,” allowing elderly beneficiaries to conveniently receive their allowance without long delays.
Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Did many senior citizens of your local community receive their respective social pension funds lately?
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
In response to the concerns of members of a particular homeowners’ association (HOA) in Las Piñas City, the Department of Human Settlements and Urban Development (DHSUD) announced the creation of a panel to preside over the community’s election of new officers, according to a news report by The Manila Times.
To put things in perspective, posted below is an excerpt from The Manila Times news report. Some parts in boldface…
The Department of Human Settlements and Urban Development (DHSUD) on Monday said that it would create an interim poll body in connection with the election of new officers of a village homeowners’ association in Las Piñas City.
A ranking official of the agency told The Manila Times the DHSUD’s National Capital Region (NCR) office has been assigned to look into the concerns of the members of the Woodridge Homeowners Association Inc. (WHAI) in Barangay Pulang Lupa.
The official said the NCR office will issue an order on Monday for the appointment of an interim committee that will preside over the election.
Earlier last week, WHAI members warned that chaos could mar the homeowners’ association election-related proceedings at the Woodridge Subdivision unless the DHSUD stepped in.
The WHAI members have called on the department to intervene to stop alleged irregularities by members of an interim electoral body who were recently appointed by the agency itself.
Former WHAI president Joselito Chua said the intervention of the DHSUD would prevent irregularities in the election of board members of the village. Chua’s group claimed that the interim board failed to comply with the 30-day requirement for the organization of an election committee (Elecom) as required under Section 8(b) of DHSUD Memorandum Circular 2025-003.
“Notwithstanding such lapse, the remaining members of the interim board proceeded with the conduct of a general assembly and election-related activities on April 12, 2026,” the group said. Chua said they filed a formal notice of non-compliance and request for clarification, but “the interim board proceeded with the activity, the election of Elecom members.”
Let me end this piece by asking you readers: If you are a resident of Las Piñas City, what is your reaction to this development? Have there been any election irregularities in your homeowners’ association recently?
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
Disclaimer: This is my original work with details sourced from reading the comic book and doing personal research. Anyone who wants to use this article, in part or in whole, needs to secure first my permission and agree to cite me as the source and author. Let it be known that any unauthorized use of this article will constrain the author to pursue the remedies under R.A. No. 8293, the Revised Penal Code, and/or all applicable legal actions under the laws of the Philippines.
Welcome back superhero enthusiasts, 1990s arts and culture enthusiasts, Valiant Comics fans and comic book collectors! Today we go back to the early 1990s to examine a key part of the Valiant Comics universe through a tale of X-O Manowar.
Valiant – under the banner of Voyager Communications – was established in 1989 by former Marvel Comics editor-in-chief Jim Shooter and Steven Massarsky. This happened following their failed attempt to acquire Marvel Comics. Early on, Valiant hired several creators from Marvel and together they brainstormed to create an all-new shared superhero comics universe which will have varied characters of originally creations as well as some licensed creations. In 1991, the company officially launched with titles of Magnus: Robot Fighter and Solar: Man of the Atom.
In 1992, the first wave of Valiant’s original intellectual properties were launched starting with Harbinger in January followed by X-O Manowar in February.
With those details laid down, here is a look back at X-O Manowar #1, published in 1992 by Valiant Comics with a story written by the late Jim Shooter and Steve Englehart with art by Barry Windsor-Smith.
The cover.
Early story
The story begins inside an alien space ship traveling through deep space. A brave Visigoth warrior named Aric fights hard against Spider Aliens which he referred to as hard-skins. Even though he is naked and surrounded, he is determined to kill the aliens which have kept him as their slave and prisoner for many years.
Using the makeshift map marked by blood on his right palm, Aric makes his way through the ship until he finds a futuristic, metallic armor which puzzles him as he anticipated something useful in his desperate fight against the aliens. As a Spider Alien approaches him, Aric remembered the map giver advised him to take the ring which he does.
Suddenly, the armor moves to fit into him. Aric calls the armor a good skin and he realizes that it is stronger than fire-light. By instinct, Aric fires a powerful energy blast which not only kills two Spider Aliens but also damaged the hull of the space ship leading him into outer space.
When the space ship blows up near him, the armored Aric is pushed down into Earth’s atmosphere landing him on a snowy hill. He takes the armor off, leaves it behind and walks away fully naked. He still has the ring with him…
Quality
Even though he clearly has yet to fully master the use of the X-O armor, Aric is able to learn and adjust fast in a dangerous situation like this one.
Reading this Valiant comic book is indeed a great experience and it has indeed aged well. Right from the start, Aric is the protagonist designed to lead readers to get immersed into the story, follow his experiences, learn from his views and discoveries, and experience his development.
The story Jim Shooter and Steve Englehart came up with had a really strong structure and the narrative moved at a consistent medium-pace which allowed readers to follow the developments and learn the details.
As the titular hero, Aric here is a man from the distant past of Earth who got abducted by aliens and spent time as a prisoner and a slave in space for a number of years (note: time on Earth moved faster due to time dilation) before finally being able to free himself using his bravery and the armor.
Aric was written to be a man out of time and in this comic book, you will see how he struggles to not only survive but also adjust to life in 20th century Earth. He no longer has his tribe and the ancient world he lived in has long passed away. With the ring still with him, Aric holds the key and the ability to control the armor, and this makes the people of Orb Industries (a company serving as a front of the Spider Aliens who turned out to be operating in Earth for centuries) bothered. As such, Orb sees Aric as prey (who tasted power with the armor) and they have so much resources to commit mass murder and destruction just to get to him.
The build-up of the tale gradually intensified as the narrative moved on. The good news here is that the pay-offs are very rewarding to see. The spectacle is a mix of explosive scenes, shooting and superhero action with a strong science fiction flavor.
Conclusion
Orb Industries has the armor and they know Aric has the ring.
X-O Manowar #1 (1992) is absolutely a great comic to read and also one of the very best superhero introduction ever told. It has an adulterated tale that is believable and compelling to follow. By the time I reached the end of the story, Aric became a more relatable protagonist and I am convinced to follow the next issue. The story Shooter and Englehart came up with is indeed immersive and there Valiant shared universe itself became even more attractive to discover. There is no surprise that this comic book is one of the most significant comic book launches of Valiant.
The Bureau of Immigration (BI) announced that it apprehended a South Korean fugitive in Las Piñas City for illegal online gambling operations
To put things in perspective, posted below is an excerpt from the BI’s official announcement. Some parts in boldface…
In line with the directive of President Ferdinand Romualdez Marcos Jr. to intensify the crackdown on foreign fugitives and transnational crimes, the Bureau of Immigration (BI) reported the arrest of a South Korean national wanted by international authorities for operating illegal online gambling operations.
BI Fugitive Search Unit (FSU) agents, in coordination with the Korean National Police Agency and the Philippine National Police–Integrity Monitoring and Enforcement Group, arrested Lee Jonghak, 37, on Tuesday morning , April 14, at a residence in a subdivision in Pamplona Dos, Las Piñas City.
Lee is the subject of an Interpol Red Notice issued in 2025, stemming from an arrest warrant released by the Incheon District Court on the same year for violations of South Korea’s National Sports Promotion Act related to illegal online gambling operations.
Investigations by Korean law enforcement revealed that from August 2021 until recently, Lee and his accomplices operated at least 23 illegal online gambling websites from different locations.
The group reportedly managed sports betting and casino-style games, recruited members, and facilitated financial transactions, generating over KRW 5.33 billion in profits. Authorities estimate the syndicate’s total earnings to have exceeded KRW 350 billion.
Lee reportedly served as an assistant manager overseeing multiple operational teams composed of around 300 employees. The exact amount he personally received remains under investigation.
Records from the BI showed that Lee last arrived in the Philippines in 2024 and was admitted under a probationary permanent resident visa. He was later included in the Bureau’s blacklist and watchlist as an undesirable alien and fugitive from justice.
Let me end this post by asking you readers: What is your reaction to this recent development? Are you thankful to the Bureau of Immigration for arresting the fugitive?
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
Recently in the City of Parañaque, the National Bureau of Investigation (NBI) busted an online scam hub, arrested forty-eight individuals and recovered pieces of evidence, according to a news report by GMA News.
To put things in perspective, posted below is an excerpt from the news report of GMA News. Some parts in boldface…
The National Bureau of Investigation (NBI) on Monday announced the arrest of 48 individuals allegedly involved in an online scam hub in Parañaque City.
In a statement, the bureau said it received information about a group engaged in illegal schemes such as “love scams,” “pig butchering,” and cryptocurrency investment fraud.
“Love scams” involve fraudsters building fake online relationships to gain victims’ trust before requesting urgent money for fabricated emergencies.
“Pig butchering” scams involve long-term grooming of victims who are then lured into fake cryptocurrency investments that show false profits before funds are stolen.
Cryptocurrency investment scams involve the use of fake trading platforms that promise high returns, display fabricated gains, and later block withdrawals or demand additional fees.
After validating the information, the NBI secured a Warrant to Search, Seize, and Examine Computer Data (WSSECD) and carried out an operation.
Agents recovered pre-written scripts containing step-by-step guides used to engage and deceive victims.
The NBI said the suspects used “deceptive representations and emotional manipulation” to gain victims’ trust and induce them to send money.
Of those arrested, 41 were Filipino women and seven were foreign nationals.
The suspects were presented for inquest proceedings for alleged computer-related fraud under the Cybercrime Prevention Act of 2012 and the Anti-Financial Account Scamming Act (AFASA).
Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you concerned that there could be a lot more scam hubs still operating secretly in the city? Which part of Parañaque do you think could be hot spots of scam hubs? Who do you think founded and managed the scam hub?
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
Welcome back my readers, YouTube viewers and all others who followed this series of articles focused on YouTube videos worth watching.
Have you been searching for something fun or interesting to watch on YouTube? Do you feel bored right now and you crave for something to see on the world’s most popular online video destination?
I recommend you check out the following videos I found.
#1 Resident Evil: Apocalypse Reviews, Retrospective And Reaction Videos – After watching the 2002 live-action Resident Evil movie, I left the cinema feeling unsatisfied as it did not have much related to the popular video game series. That film succeeded enough to justify the production of the sequel Resident Evil: Apocalypse, and the first reveal of Sienna Guillory as Jill Valentine (based on her appearance in Resident Evil 3: Nemesis) caught my attention. The reveal of Raccoon City getting hit by the zombie apocalypse and the casting of Oded Fehr as Carlos Oliviera (another RE3 character) interested me. In September 2004, I saw Resident Evil: Apocalypse on opening day in the local cinema and I was entertained for the most part. The Milla Jovovich-led film was indeed flawed, but it was an enjoyable improvement over its 2002 predecessor. How Resident Evil: Apocalypse fares with the YouTubers is something you must see.
#2 The Planned California City That Failed – Have you ever heard of Salton City? It was a planned city in the state of California located along the Salton Sea. It was designed as a resort community capable of supporting forty thousand residents, and it was to have the complete systems of water, roads, sewer and energy. Salton City is a ghost town and the in-depth YouTube video I found will help you realize its history and why development failed.
#3 Star Wars: Shadows Of The Empire Game Revisited – Back in the mid-1990s, George Lucas’ entertainment group launched the Star Wars: Shadows of the Empire multi-media project which told what happened between the movies The Empire Strike Back and Return of the Jedi. The said project was huge even though there was no live action Star Wars movie involved. A Star Wars: Shadows of the Empire novel was released which became the foundation of a comic book adaptation (read my retro reviews here and here), a video game, toys, action figures and merchandise. The video game of Shadows of the Empire was a joint project between LucasArts and Nintendo and its release on Nintendo 64 drew a lot of attention back then. The game itself made gamers – both Star Wars fans and casual gamers – want to get an N64 to play the game. I recently found two in-depth retrospective videos about Star Wars: Shadows of the Empire on N64 and I encourage you all to watch them.
#4 The Embarrassing Woke NDP Of Canada – Have you ever heard about the New Democratic Party? Referred to as NDP for short, New Democratic Party is a very leftist and woke political party in Canada and it had a really bad result in the 2025 federal election. Recently, the NDP had its leadership election and what happened in late March saw a series of awkward and embarrassing moments during their big event. In the videos below, you will see why political correctness, identity politics and wokeness are bad to have, and they made the internal processes of the NDP hard to pull off. In fact, diversity and inclusion zealotry have caused divisions within the NDP’s convention. What happened was funny to watch and it was not a comedy at all.
#5 Elderly Japanese Women And Their Beloved Restaurants – In Japan, many Japanese people live really long lives. Among them are elderly people who are active and managed to make an impact on others. That said, there are two elderly Japanese women who excelled in cooking meals and managing restaurants, and what they offer will impress you. I urge you all to watch the Nippon TV feature below.
Recently in the City of Parañaque, local police officers armed with a warrant arrested a 42-year-old woman over child abuse charges, according to a news report by The Daily Tribune.
To put things in perspective, posted below is an excerpt from the news report of The Daily Tribune. Some parts in boldface…
A female suspect facing child abuse charges was arrested by police authorities during a warrant operation in Barangay San Isidro in Parañaque City on Wednesday evening.
The accused, identified as alias Ferdilyn, 42, was apprehended at around 8:30 p.m. at her residence in Manggahan II, Lower Matatdo.
The arrest was the result of an intensified effort to track down individuals with outstanding warrants for crimes against children.
The accused was taken into custody by virtue of a warrant of arrest for violation of Section 10(A) of Republic Act 7610, also known as the Special Protection of Children Against Abuse, Exploitation and Discrimination Act.
The warrant, docketed under Criminal Case No. 2026-0071, carried a recommended bail of P80,000 and was issued on 15 April 2026 by Judge Ma. Christina De Pio Lim of the Parañaque City Regional Trial Court Branch 260.
Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, are you concerned that there could be more child abusers who have yet to be apprehended? Is child abuse a serious problem in your local community?
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
In response to the spiked fuel prices and other economic uncertainties, the Subic Bay Metropolitan Authority (SBMA) announced that it will temporarily offer reduced fees and provide financial support to its port clients.
To put things in perspective, posted below is an excerpt from official announcement by the SBMA. Some parts in boldface…
The Subic Bay Metropolitan Authority (SBMA) has temporarily taken measures to provide port clients with the much-needed financial support, amid the ongoing rise in fuel costs in the global market.
SBMA Chairman and Administrator Eduardo Jose L. Aliño explained that this is in line with President Ferdinand R. Marcos Jr.’s Executive Order No. 110, which immediately placed the entire country in a state of national energy emergency due to geopolitical tensions in the Middle East.
Aliño added that such temporary measures aim to provide aid to industries affected by the Middle East crisis by ensuring that cost-stabilizing strategies for the transport and food sectors are implemented without delay.
“These initiatives, including reduced fees and extended free storage, provide a fiscal cushion to reinforce investor confidence and prevent supply chain bottlenecks,” said Aliño.
He also cited that key industry participants namely, importers, suppliers, consignees, vessel owners, and consumers, will experience the impact of these measures through their respective counterparts – terminal operators, cargo handlers, brokers, consolidators, processors, ship agents, and shipping lines, resulting in a cascading effect throughout the supply chain.
As part of this initiative, the SBMA will implement a five percent tariff reduction on all commercial vessels, including harbor fees, berthing fees/ anchorage fees, and harbor cleaning fees, as well as a five percent tariff reduction on cargo charges including wharfage fees, and storage fees.
“We will also implement a five percent tariff reduction on SBMA shares such as pilotage fee, hauling services, tugboat services, heavy equipment rental, line handling services, chandling services, water tendering, cargo handling for containerized cargo, and bunkering services,” he added.
Additionally, the SBMA is also offering free storage for non-containerized cargo, and free storage period for an additional 2-day extension.
To further aid port clients, the SBMA will temporarily suspend the collection of shares from terminal operators/cargo handlers for liquid bulk cargo handling and related activities; the implementation of the one percent admission fee for liquid bulk; and the implementation of the ten percent increase on cargo handling and miscellaneous charges of non-containerized/ general cargoes.
Chairman Aliño assured port stakeholders that these measures shall take effect immediately upon its approval and ratification by the SBMA Board of Directors, adding that these will remain in force until geopolitical tensions subside, at which point they shall be lifted via a formal issuance following Board approval.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think this new move by the SBMA will be sufficient enough for the port clients and keep economic activity in the freeport growing? Do you think the SBMA will have to further intensify its tourism activities to attract more high-spending tourists to bounce back from a potential economic downturn?
Disclaimer: This is my original work with details sourced from reading the comic book and doing personal research. Anyone who wants to use this article, in part or in whole, needs to secure first my permission and agree to cite me as the source and author. Let it be known that any unauthorized use of this article will constrain the author to pursue the remedies under R.A. No. 8293, the Revised Penal Code, and/or all applicable legal actions under the laws of the Philippines.
Welcome back science fiction enthusiasts, 20th century pop culture enthusiasts, Star Wars fans and comic book collectors! Today we go back to the year 1996 to examine the 3rd chapter of a very notable Star Wars storyline that took place between the films The Empire Strikes Back and Return of the Jedi…Shadows of the Empire!
With the first two issues of Star Wars: Shadows of the Empire released (click here and here), the overall concept of the storyline has firmly been set and with sub-plots moving. This includes characters and developments that were not reflected nor referenced at in Return of the Jedi. At this stage, there is both excitement and suspense to look forward to.
With those details laid down, here is a look back at Star Wars: Shadows of the Empire #3, published in 1996 by Dark Horse Comics with a story written by John Wagner and drawn by Kilian Plunkett. This is the 3rd chapter of the 6-issue mini-series.
The cover.
Early story
The story begins with the gang of Gizman – including the newcomer Jix – who visit Jabba The Hutt in his palace for an important meeting. After expressing doubt about Jix, Jabba tells the gang that he is aware of Luke Skywalker’s presence in Tatooine and he has been signed near the former dwelling of Ben Kenobi. Jabba finds Skywalker more valuable to him dead. A short time later, Jix asked why does Jabba want Skywalker dead when Darth Vader will on pay for him to be living. This causes a bit of tension within the gang.
With R2D2 present with him at Obi-Wan’s old place, Luke Skywalker completed his brand-new lightsaber. Suddenly a laser blast almost hits them both and Luke realizes that the gang (which just met Jabba) is fast approaching them. The laser blast came from Jix who was told to hold his fire. Moments later, Luke takes down the first gang member who arrived using his new lightsaber…
Quality
Having the frozen Han Solo makes Boba Fett a target of those who want the prize.
Like issue #2, the intrigue and twists kept on happening as the pay-offs to the previous issue’s build-up got executed. Indeed, the story here moved Shadows of the Empire’s concept forward gradually and what was shown is both entertaining and engaging.
You will see here Luke Skywalker’s first-ever use of his then new green-colored lightsaber (the same one in Return of the Jedi) as he becomes a target of Jabba The Hutt who has a violent gang targeting him. Dash Rendar, arguably a creative stand-in for Han Solo in this storyline and also the playable protagonist in the Nintendo 64 video game, becomes even more important as he took the risk of involving himself with Luke as the gang attacked. The interaction between Dash and Luke here is believable to follow and makes a lot of sense within the context of this storyline.
What I found captivating here was the scene in which Darth Vader actually (and bravely) objected to Emperor Palpatine’s plan. The scene was pretty short but it was a powerful display of tension and even division between them. Along the way, Prince Xizor remains relevant with regards to the potential events waiting to happen while more of Boba Fett’s struggle being targeted (as the frozen body of Han Solo is a very valuable prize for other bounty hunters) by others was dramatized nicely.
Conclusion
Luke Skywalker, Dash Rendar and R2D2.
Star Wars: Shadows of the Empire #3 (1996) succeeded in moving the story developments forward while ending up being entertaining enough. The speed bike chase in Beggar’s Canyon along was exhilarating to see and the dramatic moments of the sub-plots had impact. Right now, I am convinced to keep on reading more of Shadows of the Empire.
Overall, Star Wars: Shadows of the Empire #3 (1996) is recommended.
To put things in perspective, posted below is the excerpt from the business news report of BusinessWorld. Some parts in boldface…
ROCKWELL LAND Corp. reported a 27.6% increase in attributable net income to P4.73 billion for 2025 from P3.71 billion in 2024, driven by higher residential revenues, growth in leasing income, and gains from the acquisition and consolidation of Alabang Commercial Corp. (ACC).
Total consolidated revenues rose 3.9% to P20.87 billion from P20.09 billion a year earlier, with residential sales accounting for about 75% of revenues, while commercial leasing contributed around 21%, the company said in its annual report released on Wednesday.
Residential revenues increased by 5% on higher project completion, while retail and leasing income grew 6% due to improved rental rates and occupancy.
Earnings were also supported by “the gain on the acquisition and consolidation of ACC” and increased contributions from affiliates.
Expenses rose during the period, with selling expenses increasing 9% due to higher sales bookings and project completions, while interest expense went up 11% on higher borrowing costs and loan balances.
Cost of real estate declined by 5%, partly offsetting the increase in expenses, while interest income fell 18% due to lower returns on contract receivables and short-term placements.
Income before tax rose to P6.72 billion from P5.30 billion in 2024. Provision for income tax increased to P1.41 billion, bringing net income to P5.31 billion for the year.
Reservation sales jumped 62% to P25.3 billion, driven by “strong demand for newly launched projects.”
Let me end this post by asking you readers: What is your reaction to this recent development? Considering the more expensive fuel prices in connection with the ongoing conflicts in the Middle East, do you think Rockwell will still be able to achieve strong growth this year? Do you think they will soon announce a redevelopment of the Alabang Town Center?
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
Author Carlo Carrasco 