Tag: NCR

Ownership of Festival Mall transferring to Filinvest REIT Corporation (FILRT) for over P6 billion

Ownership of Festival Mall transferring to Filinvest REIT Corporation (FILRT) for over P6 billion

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Have you been to Festival Mall in Alabang lately? Some things might change in the near future as the ownership of the shopping and lifestyle mall (first opened in May 1998 as Festival Supermall) is being transferred by the Gotianun Group to Filinvest REIT Corporation (FILRT) in a deal worth more than P6 billion, according to a Manila Bulletin business news report.

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

The Gotianun Group is transferring ownership of its flagship Festival Mall-Main Mall in Filinvest City, Alabang, Muntinlupa City to Filinvest REIT Corporation (FILRT) in a P6.26 billion deal that marks the real estate investment trust’s entry into the retail leasing business.

In a disclosure to the Philippine Stock Exchange, Filinvest Land Inc. (FLI) said it is selling the 26-year-old Festival Mall to FILRT in exchange for 1.63 billion FILRT shares at an issue price of P3.85 per share under a tax-free property-for-share swap transaction.

“The transaction fulfills FLI’s commitment as the sponsor of FILRT to continually support the growth and expansion of its REIT portfolio through the infusion of high-quality income-generating real estate assets,” FLI said.

It added that, upon the Securities and Exchange Commission’s (SEC) approval of the transaction, FLI and FILRT shall execute a lease agreement for the building.

In a separate disclosure, FILRT said the issue price represents a 30 percent premium over the 30-day volume weighted average price of P2.94 per FILRT share, and falls within the fair value price range provided by FTI Consulting’s Fairness Opinion and LeeChiu Property Consultants, Inc.’s Valuation Report.

The property was appraised by Leechiu Property Consultants, and a fairness opinion was provided by FTI Consulting. A discounted cash flow (DCF) approach was used as the primary method to determine the value of the property.

Under the DCF approach, the future cash flows of the property were discounted using a weighted average cost of capital (WACC) based on a capital asset pricing model. A direct capitalization approach was also used as a secondary reference for the valuation of the property.

For the valuation of the shares, FTI Consulting used various methodologies such as the DCF approach, a dividend discount model, and a comparable public companies’ method, to arrive at a range of values for the fair value of FILRT shares.

The primary common shares to be issued by FILRT to FLI will come from the unissued common shares of FILRT. This will be subject to the approval by FILRT’s shareholders and regulatory approvals.

Upon the SEC’s approval of the transaction, FLI and FILRT shall execute a lease agreement for the property.

“Pursuant to the approval of the transaction, the Board approved the conduct of a special stockholders’ meeting (SSM) to be held on March 4, at 10:00 AM. The record date for the determination of stockholders entitled to notice and right to vote at the SSM is February 10, 2025,” the firm said.

FILRT’s diversification into mall leasing comes after its expansion into the hospitality space with the acquisition of 2.9 hectares of land owned by Filinvest Development Corporation (FDC) in Boracay Island for P1.05 billion in cash.

The land is being leased by Boracay Seascapes, Inc. (BSI), the building owner of Crimson Resort & Spa Boracay and a subsidiary of FDC.

FILRT President and CEO Maricel Brion-Lirio said this is the company’s first asset infusion since its initial public offering and “not only increases the distributable income to our shareholders in the immediate term but also supports our goal of delivering stable dividends and increasing the potential for capital appreciation in the longer term.”

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 who happens to be a frequent visitor or shopper of Festival Mall, do you think the incoming, new owners will be able to make improvements on the mall somehow? Do you hope that the original cinemas of Festival Mall will get renovated and reopened with the latest cinema technologies in the future?

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  @HavenorFantasy 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

Malacañang declares February 13 a non-working day in Parañaque City in celebration of cityhood anniversary

Malacañang declares February 13 a non-working day in Parañaque City in celebration of cityhood anniversary

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Very recently, Malacañang Palace issued Proclamation Number 792 formally declaring the date of February 13, 2025 a non-working day in Parañaque City marking its 27th cityhood anniversary, according to a Manila Bulletin news report. The proclamation was signed by Executive Secretary Lucas P. Bersamin by the authority of President Ferdinand “Bongbong” Marcos, Jr.

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

Malacañang has declared Feb. 13 a non-working holiday in Parañaque City in celebration of the city’s 27th Cityhood Anniversary.

Parañaque City Mayor Eric Olivarez said the declaration was made through Proclamation No. (792) to give city residents the opportunity to participate in and enjoy the celebration.

Olivarez said the city government prepared various activities, including medical services, from Jan. 27 to Feb. 15.

He said the cityhood anniversary kicked off with the presentation of candidates for the much-awaited search for “Gandang Mamita and Gwapitong Papito” on Monday, Jan. 27. The search for the “Ginoo and Binibining Parañaque” will be held on Feb. 4.

Let me end this piece by asking you readers: If you are a resident of Parañaque City, what is your reaction to this recent development? How interested are you to participate or witness the scheduled activities related to the 27th anniversary of Parañaque’s cityhood? Do you think the 27th cityhood anniversary will help you forget about the rampant crime in Parañaque that involved foreigners?

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  @HavenorFantasy 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

Almost 600 residents of Barangay Talon Dos avail of health services from Las Piñas City caravan

Almost 600 residents of Barangay Talon Dos avail of health services from Las Piñas City caravan

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Recently in the City of Las Piñas, almost six hundred residents of Barangay Talon Dos got served with health services by the Health and Wellness Caravan, the City Government announced via social media. Vice Mayor April Aguilar was present during the actvitiy.

To put things in perspective, posted below is an excerpt from the social media announcement. Some parts in boldface…

The Las Piñas Health and Wellness Caravan, led by the City Health Office, brought essential healthcare services to Talon Dos residents on Tuesday, January 21, at the Bambusetum Covered Court. Nearly 600 beneficiaries availed of the free services, showcasing the city’s dedication to ensuring accessible healthcare for its citizens.

The program offered free medical consultations, blood sugar and cholesterol screenings, chest X-rays, ECG tests, dental services, and pneumonia vaccinations for senior citizens. Additional support included free medicines, PhilHealth registration, Green Card program assistance, and mobile birth registration.

City Vice Mayor April Aguilar graced the event, accompanied by City Councilors Mark Anthony Santos and Henry Medina. City Health Office head Dr. Juliana Gonzalez was also present to ensure the smooth execution of the services, addressing the needs of the residents throughout the day.

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? Do you think the Health and Wellness Caravan of the City Government will be able to cover all barangays before the May 2025 election campaign period begins?

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  @HavenorFantasy 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 engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

NLCOM and New Life La Trinidad help fire victims in Benguet

NLCOM and New Life La Trinidad help fire victims in Benguet

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In response to a fire that struck a community on New Year’s Day in Benguet province, New Life Community Care Foundation International, Inc. (NLCOM) – the compassion arm of New Life Philippines located inside Alabang Hills Village in Muntinlupa City – announced through social media that it teamed up with New Life La Trinidad to help the victims of Barangay Camp 6 in Tuba.

To put things in perspective, posted below is an excerpt from the January 21, 2025 social media post of NLCOM. Some parts in boldface…

A donation drive was held last January 14, 2025 in Barangay Camp 6, Tuba, Benguet, to provide relief bags and jugs of water to the victims of the house fire that occurred on January 1, 2025. The NLCOM team successfully collected donations from their generous contributors while New Life La Trinidad distributed the goods.

Donations and prayers poured in after the house fire, which broke out just an hour after the traditional New Year celebration. The incident destroyed 29 homes, leaving 31 families (135 individuals) homeless.

When the donations were delivered to the Barangay Hall, some of the fire victims arrived to claim their relief goods, and some of the individuals, after receiving their donations, were assisted to their temporary shelter.

The team interviewed the fire victims, shared words of encouragement, and prayed for them. Before leaving the site, they also visited the area affected by the tragic fire. Dreams and memories were among the many things that turned to ashes in the devastating aftermath. We are truly grateful for the capacity to help the community start to rebuild what was destroyed.

For the newcomers reading this, I previously blogged about NLCOM back in 2020 which you can read by clicking here and my most recent blog can viewed by clicking here, here, here and here. As mentioned earlier, NLCOM has an established record of providing relief to disaster victims and helping them rebuild their lives and communities as they recover.

NLCOM is committed to organizing activities from disaster preparedness trainings, relief goods distribution, mobile kitchen feeding operations, Psychological First Aid to kids and adults traumatized by a disaster, and rebuilding of damaged houses. To get to know NLCOM better, I recommend you watch their official YouTube video below…

If you have decided to help people through NLCOM, be aware that New Life’s compassion arm is accepting donations. You may send your monetary donations to:

NEW LIFE COMMUNITY CARE FOUNDATION INT’L. INC.

PESO CHECKING ACCOUNT:

Unionbank (Richville Branch)

00-133000543-3

US DOLLAR ACCOUNT:

Unionbank (Richville Branch)

13-133000530-7

Swift Code: ubpphphmm

Via PAYPAL: https://www.paypal.com/paypalme/nlcomPH

For more information about NLCOM, visit https://nlcom.org.ph/ or visit their office at 2 Don Manolo Boulevard, Alabang Hills Village, Barangay Cupang, Muntinlupa City, Metro Manila, Philippines. Contact them at landline 88091542 extension 426.

In ending post, let me share with you a few holy scriptures that should remind you that God is our source, our provider and the blessedness of giving is absolutely true. Be remind that Lord Jesus is the hope of all nations.

Mercy to the needy is a loan to God, and God pays back those loans in full.

Proverbs 19:17 (MSG)

Let nothing be done through selfish ambition or conceit, but in lowliness of mind let each esteem others better than himself. Let each of you look out not only for his own interests, but also for the interests of others.

Philippians 2:3-4 (NKJV)

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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  @HavenorFantasy 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

Eight Chinese nationals arrrested in Parañaque over phishing scam, one suspect still on the loose

Eight Chinese nationals arrrested in Parañaque over phishing scam, one suspect still on the loose

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Recently in Parañaque City, agents of the National Bureau of Investigation (NBI) supported by representatives of theDigital Forensic Laboratory (DFL) arrested eight Chinese nationals suspected of involvement in online phishing, but one other suspect remains at large, according to a news article by the Philippine News Agency (PNA). Pieces of evidence were found at the site of the crime.

To put things in perspective, posted below is an excerpt from the PNA news article. Some parts in boldface…

Eight Chinese nationals allegedly engaged in online phishing operations were arrested in Parañaque City, the National Bureau of Investigation announced on Wednesday.

In a news release, the NBI identified the arrested suspects as Xiao Li, Chuan Zi Gao, Ming Ru Li, Wen Shu Liu, Qui Shun Li, Cai Li Pan, Changfu Liu, and Zhang Zhen. A ninth suspect, Hwang Xiaobin, remains at large.

NBI Director Jaime Santiago said the suspects were engaged in investment fraud, crypto asset/currency scam, romance scam and identity theft through the use of social engineering and digital communication schemes.

Following surveillance on Jan. 14, a warrant to search, seize, and examine computer data (WSSECD) was granted by RTC Paranaque City against the group.

On Jan. 17, NBI operatives, together with representatives from the Digital Forensic Laboratory (DFL) implemented the WSSECD.

DFL representatives conducted an onsite examination on a laptop and a desktop found on the site and discovered transcript template of phishing and/or social engineering schemers used in obtaining sensitive information of another person.

Financial transactions of crypto currency scams were also found during the examination, the NBI said.

Let me end this post by asking you readers: What do you think about this recent development? If you are a resident of Parañaque, have you grown tired about your city being such a hot spot of illegal operations, scams and crime involving foreign nationals? What do you think made Parañaque a favorite destination for the remnants of POGOs (Philippine Offshore Gaming Operators) and scammers involving foreigners?

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  @HavenorFantasy 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 engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Fire and flood victims of Las Piñas City receive DSWD aid

Fire and flood victims of Las Piñas City receive DSWD aid

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Recently in the City of Las Piñas, over two hundred fifty victims of fire and flood received aid provided by the Department of Social Welfare and Development (DSWD) which partnered with the City Social Welfare and Development Office (CSWDO), according to the social media announcement of the City Government.

To put things in perspective, posted below is an excerpt from the social media announcement. Some parts in boldface…

The Department of Social Welfare and Development-National Capital Region (DSWD-NCR), in partnership with the City Social Welfare and Development Office (CSWDO) of Las Piñas, distributed Livelihood Settlement Grants to fire and flood victims at the Las Piñas Multipurpose Hall, benefiting a total of 253 individuals affected by recent calamities.

Among the beneficiaries were 86 fire victims from Barangays Elias Aldana, Pilar, Talon Tres, and CAA, and 167 flood victims from Barangays Pamplona Tres, Talon Tres, and Elias Aldana. Each qualified beneficiary received financial assistance ranging from ₱10,000 to ₱15,000, depending on the validation results of DSWD-NCR.

The grant aimed to support individuals with small-scale businesses or livelihoods disrupted by the said disasters. The payout process, handled by CSWDO and DSWD-NCR personnel, ensured that aid was provided efficiently and directly to qualified recipients.

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 any fire or flooding victims in your local community who received DSWD aid?

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  @HavenorFantasy 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 engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Las Piñas City a recipient of multiple awards

Las Piñas City a recipient of multiple awards

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Recently in the City of Las Piñas, the City Government revealed during the flag ceremony that it has received multiple awards and one of them is from the Metropolitan Manila Development Authority (MMDA), the LGU revealed through social media.

To put things in perspective, posted below is an excerpt from the social media announcement. Some parts in boldface…

The City of Las Piñas, led by Vice Mayor April Aguilar, held its weekly flag-raising ceremony on Monday morning, January 20 at the City Hall grounds, highlighting the city’s recent accomplishments.

During the ceremony, Las Piñas City was presented with multiple awards, including a Plaque of Appreciation from the National Youth Commission for the Outstanding Sangguniang Kabataan Federation and a Certificate of Recognition from the Metropolitan Manila Development Authority (MMDA) as the Top 2 Best Performing Local Government Unit in Metro Manila for solid waste management in 2024. These recognitions underscore the city’s dedication to youth empowerment and environmental sustainability.

City officials and employees joined the ceremony to celebrate these achievements, reinforcing the local government’s commitment to providing excellent public service and implementing effective programs for its residents.

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? Are you delighted with the latest awards the City Government received?

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  @HavenorFantasy 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 engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Ten foreign nationals arrested in Parañaque City village for alleged scamming activities

Ten foreign nationals arrested in Parañaque City village for alleged scamming activities

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Very recently in Parañaque City, ten foreign nations were arrested by elements of the National Bureau of Investigation (NBI) for alleged online scamming, according to a Manila Bulletin news report. The apprehension took place inside a village.

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

Ten foreigners have been arrested by the National Bureau of Investigation (NBI) in a subdivision in Paranaque City where they were found allegedly conducting online scamming activities.

In a statement, the NBI said the 10 foreigners were arrested by operatives of the NBI National Capital Region (NBI-NCR) during the service of a Warrant to Search, Seize, and Examine Computer Data (WSSECD) at a residence in Multinational Village in Paranaque City.

It said all the 10 foreigners face charges of violating Republic Act (RA) 12010, the Anti-Financial Account Scamming Act.

The NBI identified seven of the foreigners as Vietnamese nationals Phan Viet Ngan, Do Anh  Tuan, Nguyen Duc Anh, Phan Kim Sang, Vo Hong Sy, Nguyen Van Khanh, and Doan Van Dung.

The other foreigners were identified as Chinese nationals Zhang Ming Yi, Xin Yao Huang and Himen Chen.

The NBI said that during the operation, seized from the suspects were computers and transcripts with Chinese characters.

“Based on the seized translated transcripts, Subjects are indeed engaged in phishing and scamming activities,” it said.

“In addition, Operating System Triage conducted on the seized computer units revealed the illegal activities of the Subjects like romance scam, fictitious messaging accounts, fraudulent cryptocurrency schemes and fake investment solicitations,” it added.

 The NBI said the operation was conducted after NBI-NCR received “an intelligence report that groups of foreign nationals are engaged in Investment Fraud, Crypto Asset or Crypto Currency Scam, Artificial Intelligence scam and High Yield Investment Program (HYIP), Romance scam and identity theft through the use of social engineering scheme and digital communication systems.”

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 think that there could still be a lot more illegal operations secretly happening in residential communities with foreigners doing the work? When was the last time an online scamming operation was discovered in your local community?

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  @HavenorFantasy 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 engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

NBI agents arrest 12 Chinese nationals in Parañaque City for alleged scamming and immigration violations, 5 locals arrested for bribery attempt at NBI office

NBI agents arrest 12 Chinese nationals in Parañaque City for alleged scamming and immigration violations, 5 locals arrested for bribery attempt at NBI office

carlocarrasco

Recently in the city of Parañaque, agents of the National Bureau of Investigation (NBI) apprehended twelve Chinese nationals and five locals for alleged scamming operations and an attempt of bribery, according to a Philippine News Agency (PNA) news article.

To put things in perspective, posted below is an excerpt from the news report of PNA. Some parts in boldface…

Twelve Chinese nationals and five Filipinos were arrested for alleged scamming operations and attempted bribery, the National Bureau of Investigation (NBI) bared Tuesday.

The foreigners were arrested in an operation on Jan. 8, 2025, at the Rance Corporate Center Aseana City in Tambo, Paranaque City for alleged violation of the Philippine Immigration Act.

During the operation, NBI personnel found “romance or love scam scripts, messaging applications with fictitious accounts, bank accounts, and fraudulent cryptocurrency scams, and fake investment schemes.”

The discovery resulted in the arrest of 12 Chinese nationals namely: Xu Chao, Meng Wei Shi, Xing Chao, Qin Hai Feng, Li Xiang Hua, Zhang Wei, Wang Qin Xiang, Wang Jia Fa, Jiang Qi Long, Luo Shang Fen, Qixin Wang, and Chen Jiang Song.

The NBI said while the operatives were preparing to return to headquarters with the arrested subjects, a certain Ezechiel Bernales volunteered to come with them, claiming that he is the suspects’ official interpreter.

Bernales allegedly told the NBI operatives that Wang Qin Xiang and Qixin Wang were offering to pay PHP300,000 for the release of each arrested individual or a total of PHP3,600,000.

An entrapment operation was then conducted at the parking lot of the NBI office in Pasay City on Jan. 10 resulting in the arrest of Bernales and four others, namely: Robustiano Hizon, John Abunda Villanueva, Kristoffer Habelito Baguna, and Hanif Bautil.

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 a lot more Chinese nationals secretly conducting scam operations? Who do you think could be the mastermind behind the bribery attempt? Are you thankful that the NBI arrested the suspects?

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  @HavenorFantasy 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 engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

Men who robbed El Grande Avenue house in Las Piñas City arrested

Men who robbed El Grande Avenue house in Las Piñas City arrested

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Recently in the City of Las Piñas, local police officers arrested three “Akyat Bahay” gang members who broke into a house along El Grande Avenue and robbed it of valuables, according to a Manila Bulletin news report. The incident happened within the jurisdiction of Barangay BF International-CAA and the suspects were caught hiding in the house ceiling.

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

Three members of “Akyat Bahay” gang were caught by members of the Las Piñas City Police hiding in the ceiling of the house they robbed of valuable items on Jan. 7.

Las Piñas City Police chief Col. Sandro Tafalla identified the suspects as alias “Anthony,” 24; alias “Andrei,” 21; and alias “Paul,” 19, all residents of Parañaque City.

They were apprehended at around 3:00 p.m. at a house on El Grande Avenue in Barangay BF International/CAA Las Piñas City.

Tafalla said the victim, identified as alias “Ernesto,”67, visited his house and discovered that it was ransacked, prompting him to immediately report the incident to the police.

He said the suspects were found hiding in the ceiling of the house of the victim during the investigation by responding policemen, village security personnel and barangay officials.

The victim claimed that his 42-inch Sony flat-screen TV worth P60,000, a 43-inch Devant flat-screen TV worth P50,000, and a Mac computer valued at P100,000 were stolen and not recovered. Tafalla said an air conditioning unit worth P70,000 was recovered at the scene.

He said the suspects also damaged a circuit breaker worth P120,000.00, the ceiling worth P50,000, and floor tiles and sliding door each valued at P50,000.

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? Was there an Akyat Bahay incident that happened in your local community over the past six months? Do you own a home that got robbed?

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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