Recently in the city of Parañaque, local authorities successfully rescued a kidnapped Chinese national and arrested the suspects who were involved, according to a news report by GMA Network.
To put things in perspective, posted below is an excerpt from the GMA News report. Some parts in boldface…
A 26-year-old Chinese national was rescued in a condominium in Parañaque City after allegedly being kidnapped, the National Capital Region Police Office (NCRPO) reported Sunday.
In a statement, the NCRPO said authorities conducted a rescue operation after they received a report through the PNP Hotline Facebook page.
The victim was found in a condominium unit in Barangay Don Galo on Saturday with four male and one female foreign suspects.
Initial investigation showed that the victim had allegedly been detained since December 9, with suspects demanding P1 million for his release.
The victim said P500,000 had already been handed over. The suspects were placed under police custody for proper investigation.
Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, do you consider kidnapping a serious crime? Has anyone in your local community been kidnapped over the past six months?
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
A new age for the famous Alabang Town Center (ATC) in Muntinlupa City will soon begin as the developer Ayala Land Inc. (ALI) will sell its 50% stake in Alabang Commercial Center Corp. (ACCC) to the Madrigal family in a deal with P13.5 billion, according to a Manila Bulletin business news report.
For the newcomers reading this, the ACCC is the private entity that owns and operates ATC. Already, it has been reported that the Madrigal family is talking with Rockwell Land Corp. about redeveloping the high-end Alabang mall.
The front of Alabang Town Center along Madrigal Avenue.
To put things in perspective, posted below is the excerpt from the business news report of the Manila Bulletin. Some parts in boldface…
Ayala Land, Inc. (ALI) has agreed to sell its 50 percent stake in Alabang Commercial Center Corp. (ACCC), the entity that owns and operates the prominent Alabang Town Center mall in Muntinlupa City, back to the Madrigal family for ₱13.5 billion.
The real estate giant announced in a disclosure to the Philippine Stock Exchange that it executed a share purchase agreement with its existing joint-venture partner. The transaction is contingent on standard closing conditions.
“The unsolicited offer from our joint venture partner provided a premium, allowing ALI to recognize gains from the sale and monetize its stake in Alabang Town Center,” said ALI Chief Finance Officer and Treasurer Jose Eduardo A. Quimpo II.
He added that the “Proceeds from the sale will fuel further growth in our Leasing portfolio and provide our stakeholders with return of capital.”
In a separate statement, ALI said the deal allowed the company to realize “compelling value for the mature asset, crystallizing future earnings potential today.”
“This move is a deliberate execution of Ayala Land’s strategy to be a premier creator of value,” the company said. “It showcases a disciplined approach of developing assets, stabilizing their operations, and monetizing them at an optimal valuation to aggressively fund future growth and enhance shareholder returns.”
ALI President and Chief Executive Officer Meean B. Dy noted the firm’s strategic focus.
“Our strategy is focused on a dynamic cycle of value creation. We build, we stabilize, and we unlock value at the right time to fuel our next wave of innovation,” Dy said.
“This transaction is a prime example of that strategy in action. We are monetizing a legacy asset at peak valuation to accelerate the rollout of our expansive pipeline of commercial and retail spaces, which will define the Ayala brand of development for the next decade,” he added.
The proceeds from the sale are slated to be a key driver in funding ALI’s leasing pipeline, which includes nearly 700,000 square meters of new gross leasable area (GLA) over the next five years. This expansion is set to transform the commercial landscape in key growth centers across the Philippines.
Chinabank Capital Corp. Managing Director Juan Paolo Colet described the deal as “an opportunistic transaction that enabled Ayala Land to exit their joint venture with the Madrigal family at an attractive price. The company can readily use the cash for various projects in its growth pipeline.”
Colet noted that the future plans for the property remain uncertain.
“It remains to be seen what the Madrigal family will do with their prime commercial property. Given the price they paid, they would need to unlock more value from the asset. A major redevelopment might be on the table,” he said.
Situated adjacent to exclusive gated residential communities and active business developments, Alabang Town Center serves as a community anchor with multiple al fresco areas that contribute to a relaxed, homey atmosphere consistent with the local lifestyle.
Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, do you think the P13.5 billion deal will lead to a major redevelopment of Alabang Town Center in the near future? If you have visited the ATC before, how often do you visit the high-end shopping mall in Alabang? Do you feel confident the ATC will evolve and possibly expand under the control of the Madrigal family and Rockwell Land? Does Alabang Town Center’s current design and structure look old or outdated to you?
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
Recently in the city of Parañaque, local police officers organized a successful buy-bust operation which resulted in three men arrested and the seizure of illegal drugs worth more than P2 million, according to a news report by the Daily Tribune.
To put things in perspective, posted below is an excerpt from the Daily Tribune news report. Some parts in boldface…
Three men were nabbed and more than P2.1 million worth of suspected shabu were seized in a buy-bust operation in Parañaque City late Wednesday night, the Southern Police District (SPD) reported.
Authorities said the Station Drug Enforcement Unit (SDEU) of the Parañaque City Police conducted the operation at Unit 2908, 3rd Floor, Aguarra Street, Barangay Baclaran.
Arrested were 31-year-old alias “Olrac,” identified as a high-value target; 27-year-old alias “Rowelle”; and 43-year-old alias “Francis.” They were caught after allegedly selling illegal drugs to an undercover officer.
Recovered were 310 grams of suspected shabu with an estimated street value of P2,108,000, along with the marked money used during the operation.
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 the trafficking and trading of illegal drugs within the city will only get worse?
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, elements of the Bureau of Immigration (BI) apprehended two Chinese nationals over their involvement in online gambling, according to a news report by the Daily Tribune. The suspects are fugitives wanted in China.
To put things in perspective, posted below is an excerpt from the Daily Tribune news report. Some parts in boldface…
Two Chinese nationals wanted in their home country were arrested in Parañaque City for alleged involvement in running online gambling websites, the Bureau of Immigration (BI) reported Wednesday.
The BI identified the Chinese nationals as 38-year-old Wu Huifu and 48-year-old Li Yong. The BI’s Fugitive Search Unit took the two into custody during an operation in Barangay Tambo on Tuesday evening. Li is said to be an assistant of Wu.
The arrest followed information relayed by Chinese authorities, who said both men are subjects of arrest warrants.
According to BI Deputy Spokesperson Marvin Mabulac, the two have been operating multiple overseas online gambling platforms where they “manipulate betting systems to defraud players.” This, in turn, prolongs player activity and increases bets, which results in losses for participants and profits estimated at CNY8.6 million. The operation had already victimized around 500,000 players.
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 still be more Chinese criminals secretly operating illegal gambling within the city? Is online gambling affecting members of 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
Recently in the City of Las Piñas, almost one thousand and eight hundred senior citizens five barangays received their social pension payout for the 4th quarter, the City Government confirmed via social media. Mayor April Aguilar personally attended the distribution.
To put things in perspective, posted below is an excerpt from social media post of the City Government (translated from Tagalog to English). Some parts in boldface…
The first day of Social Pension Payout was happily held, where almost 1,800 senior citizens from the barangays of Almanza Dos, Almanza Uno, Talon Dos, Daniel Fajardo, and Ilaya received their 4th quarter social pension.
Our seniors received 3,000 pesos (1,000 pesos per month) for the last quarter of the year. Payout was held at the air-conditioned Aguilar Sports Complex to ensure a comfortable and smooth flow of the program, especially for our seniors.
Mayor April Aguilar wants this pension to be given immediately to be used for their daily needs, and most of all, so they can have something to use this coming Christmas.
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 from your local community receive their social pension payout?
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 progressive City of Muntinlupa, the City Government issued reminders to the public about the existing ban on the use of midwifed mufflers and pipes in vehicles, according to a Manila Bulletin news report. It is anticipated that noise will intensify in the city as the Christmas season goes on.
To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…
The Muntinlupa City government has reminded the public about the ban on the use of modified mufflers and pipes in vehicles.
The notice came from the Muntinlupa Traffic Management Bureau (MTMB), which said that the ban is based on City Ordinance No. 04-022 or the Muntinlupa City Traffic Code.
This Christmas season, many motorists in Muntinlupa are expected to celebrate it by using modified mufflers and pipes in their vehicles to produce loud noise.
“Paalala mula sa Pamahalaang Lungsod ng Muntinlupa: Mahigpit na ipinagbabawal ang paggamit ng modified muffler/pipe at iba pang illegal modifications sa mga sasakyan alinsunod sa City Ordinance No. 04-022, Article XV Section 85 ng Muntinlupa City Traffic Code (Reminder from the Muntinlupa City Government: The use of modified muffler/pipe and other illegal modifications to vehicles is strictly prohibited pursuant to City Ordinance No. 04-022, Article XV Section 85 of the Muntinlupa City Traffic Code),” the MTMB posted on Facebook.
Section 85 of the ordinance on Mufflers and Noise Controlling Devices states that “no person shall operate a motor vehicle on a street unless such motor vehicle is equipped, at all times, with a muffler or mufflers in constant operation and of sufficient capacity for the motor, and equipped with an exhaust system to prevent the escape of excessive fumes or smoke and unusual noise.”
The MTMB warned that violators will face a fine of P2,000.
Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, do you have a problem with noise pollution intensifying in the city during the Christmas season? Do you think the current laws of city are tough enough towards noise makers?
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, local police officers successfully organized a buy-bust operation which resulted in the apprehension of two construction workers who possessed illegal drugs, 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…
Authorities from the Parañaque City Police Station Drug Enforcement Unit (SDEU) conducted a buy-bust operation leading to the arrest of two construction workers in possession of P102,000 worth of shabu on Dec. 3.
The Southern Police District (SPD) said the suspects were identified as Tisoy, 27, and Niño, 33. They were arrested at around 8:10 a.m. at San Juan De Coastal, Barangay San Dionisio, Parañaque City.
The police said that members of the SDEU launched a buy-bust operation for the arrest of the suspects after receiving reports of their illegal drug activities in the said place.
Tisoy was caught in possession of seven grams of shabu, including the subject of sale, and Niño with four grams, totaling 15 grams worth P102,000.
The suspects were detained at the Parañaque City Police custodial facility and were charged with violations of Sections 5 and 11 of RA 9165.
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 thankful to the police for successfully arresting the suspects? Is there a serious illegal drug problem in your local community right now?
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 Las Piñas, the Las Piñas City Lying-In Clinic will be available for check-ups of high-risk expectant mothers two days per week, 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…
The Las Piñas City Lying-In Clinic designated Tuesdays and Thursdays from 9:00 a.m to 5 p.m. for check-ups of high-risk expectant mothers.
According to the Las Piñas Public Information Office, patients qualified for the schedule include those with a history of cesarean section, or other uterine surgery, gynecological issues such as abnormal bleeding, polycystic ovarian syndrome (PCOS), or myoma.
Mothers aged 35 to 39 in their first and fifth-time pregnancies, and those with existing conditions such as hypertension, heart disease, diabetes, cancer, or goiter are also qualified.
Patients are reminded to bring their voter’s registration record, greencard, referral from their respective health center, and previous results of ultrasound or laboratory.
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? Were there many AKAP beneficiaries among the members of 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
Recently in the progressive City of Muntinlupa, Mayor Ruffy Biazon reached out to the local micro, small and medium enterprises (MSMEs) and encouraged them to take advantage of the soft loans offered by the City Government, 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…
Micro, small, and medium enterprises (MSMEs) are encouraged by Muntinlupa Mayor Ruffy Biazon to take advantage of the soft loans offered by the local government unit, as well as the national government, to elevate from micro to medium entrepreneurs.
In an interview during the opening of “Tindahan ni Tarsee” in Festival Mall in Alabang on Friday, Biazon said the LGU’s Muntinlupa Entrepreneur Financing Division (MEFD) has been consistently providing financial aid through soft loans to MSMEs.
“We are providing funding for MSME capital, interest-free, starting from P5,000 for as much as P150,000. More business owners became successful because of that project, especially those who lost jobs right after the pandemic. Most of them did not return to their jobs and became full-pledge entrepreneurs already,” he said.
Biazon said most of the business owners that the MEFD has assisted are engaged in food businesses and sari-sari stores.
The number of MSMEs in Muntinlupa City is pegged at more than 30,000, an increase from the 15,708 registered businesses in 2019 or before the COVID-19 pandemic hit the country in 2020.
“We can see that our MSMEs are very successful, especially in our city, as they propped up the local economy and provide jobs even at a minimal number of two to three per entrepreneur. Yung mga hindi nakakapasok sa mga malls at ibang companies, sa mga MSMEs they have the chance to have jobs,” he said.
Biazon urged aspiring business owners to take advantage of the MEFD program, which will restart next year on 2 January, as the division’s funds for this year have already been fully utilized.
Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, are there any micro or small entrepreneurs among your local community’s members? What do you think makes Muntinlupa an attractive city for MSMEs to do business in?
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 Las Piñas, more than seven hundred local Ayuda para sa Kapos ang Kita (AKAP) formally received financial assistance distributed by the City Government, according to a Manila Bulletin news report.
To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…
The city government of Las Piñas distributed financial assistance to over 700 Las Piñeros, amounting to P3,000, to beneficiaries of the Ayuda para sa Kapos ang Kita (AKAP) program on Dec. 3.
Las Piñas Mayor April Aguilar said the beneficiaries of the AKAOP program will help them with their daily expenses.
Aguilar said the beneficiaries include members of the ERPATs organization, persons with disabilities (PWDs), senior citizens, and other vulnerable sectors in the community.
She said that through AKAP, the city government continues to strengthen programs that provide protection and much-needed support to families who need it the most.
The mayor expressed her gratitude to the Department of Social Welfare and Development (DSWD) and team leader Jessica Estevis for overseeing and assisting in the payout.
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? Were there many AKAP beneficiaries among the members of 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
Author Carlo Carrasco 