Southies – Page 12 – Author Carlo Carrasco

Festival Mall acquisition boosts FILRT growth and portfolio size

August 17, 2025August 8, 2025carlocarrasco

Remember when Filinvest REIT Corp. (FILRT) acquired Festival Mall for P6.26 billion months ago? Already the premier Alabang shopping mall has boosted the earnings and portfolio size of FILRT, according to a business news report by the Manila Bulletin.

For the newcomers reading this, read my previous posts about Festival Mall (which first opened in May 1998) and FILRT by clicking here, here and here. FILRT meanwhile is reputed for being one of the top taxpayers in Muntinlupa City.

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

Filinvest REIT Corp., the real estate investment trust of the Gotianun Group, declared ₱404 million in fresh dividends after reporting an 8.3 percent growth in net income to ₱651 million in the first six months of 2025 from ₱601 million in the same period last year.

The firm disclosed to the Philippine Stock Exchange that, for the first half of the year, it recorded revenues of ₱1.57 billion, higher by 13 percent from the same period in 2024, resulting from improvements in operations and the addition of Festival Main Mall to the portfolio.

Meanwhile, costs and expenses were contained at ₱613 million, higher by one percent, while other charges were lower by four percent to ₱187 million.

Festival Main Mall started accruing to the revenue stream of FILRT beginning May 29, 2025, equivalent to one month and three days’ revenue contribution.

The addition of Festival Main Mall is seen to improve FILRT’s earnings per share by 5.5 percent in 2025. With the additional asset, FILRT’s portfolio size increased by 37 percent in terms of GLA to 452,310 square meters.

“We are pleased to have infused a value-adding asset into our portfolio through Festival Main Mall. Having this momentum, we look forward to adding more assets and diversifying our tenant base to further the growth of the company,” said FILRT President and CEO Maricel Brion-Lirio.

The company’s portfolio of 17 office buildings, one mall, and one resort lot totaling 452,310 square meters had an occupancy of 86 percent at the end of the first half of 2025, an improvement of five percentage points from 81 percent in June last year.

The current overall tenant mix is comprised of 60 percent offices, 32 percent retail, and the balance for hospitality. Of the offices segment, 84 percent are multinational BPO companies while 16 percent are traditional.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think FILRT will somehow improve the quality of Festival Mall in terms of structure and tenants? Was it a surprise that Festival Mall boosted the earnings of FILRT this early?

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

Man arrested in Parañaque City for fraud and identity theft

August 16, 2025August 7, 2025carlocarrasco

Recently in the city of Parañaque, local law enforcers arrested a 44-year-old man over the use of fake identification as well as using a credit card to purchase almost P390,000 worth of gift certificates, 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…

A 44-year-old man was arrested for using a fake identification card and a credit card to purchase gift certificates amounting to P387,000 from a supermarket in Parañaque City.

The suspect was identified as Fidel. He was arrested at around 7:40 p.m. at Puregold located along NAIA Avenue, Barangay Sto. Nino, Parañaque City.

The police said the suspect used a falsified ID and credit card under the name of Rodolfo Carreon Anastacio to purchase gift certificates amounting to P387,000 from Puregold Moonwalk in Parañaque and in FTI, Taguig City.

The police said the real person, Rodolfo, reported that his identity was being used by an unscrupulous person for fraud and that he does not own any credit card.

The suspect was immediately arrested and was detained at the Parañaque City Police custodial facility.

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 identity theft a very serious crime? Do you know anyone in your local community who became a victim of identity theft or the illegal use of a credit card over the past six months? Do you think crime in the city is getting worse?

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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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

Responsible waste management, illegal dumping and other topics discussed in Las Piñas City seminar

August 15, 2025August 7, 2025carlocarrasco

Recently in the City of Las Piñas, the topics of environmental compliance, responsible waste management and others were discussed in detail in a seminar conducted by the City Environment and Natural Resources Office (CENRO), according to a Manila Bulletin news report.

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

The Las Piñas City Environment and Natural Resources Office (CENRO) conducted an environmental compliance seminar aimed at raising awareness, instilling discipline, and reinforcing compliance with existing environmental laws and local ordinances.

Las Piñas City Mayor April Aguilar said the seminar was held for individuals apprehended for illegal dumping and improper waste disposal within the city.

Topics discussed during the seminar included strict enforcement of waste segregation at the source, proper disposal and handling of solid waste, individual accountability in maintaining clean surroundings, and adherence to environmental regulations under R.A. 9003.

Aguilar emphasized that the city has existing ordinances and programs focused on proper waste management, particularly on waste segregation and disposal.

She noted that the city actively enforces Republic Act 9003, or the Ecological Solid Waste Management Act of 2000, and holds environmental seminars for violators.

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 City Government has been doing enough to keep the city clean and engage local communities to do their part on environmental compliance?

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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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

Parañaque Congressman Yamsuan seeks passage of Equal Maternity Protection Act

August 14, 2025August 6, 2025carlocarrasco

Following the 4^th State of the Nation Address (SONA) of Philippine President Ferdinand “Bongbong” Marcos, Parañaque’s 2^nd District Representative Brian Yamsuan seeks passage of House Bill No. 224 (Equal Maternity Protection Act) which is one of his more notable proposals in the House of Representatives, 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…

Parañaque City 2nd Rep. Brian Raymund Yamsuan has highlighted the significance of one of his pet bills in the 20th Congress following President Marcos’ his fourth State of the Nation Address (SONA) earlier this week.

In a statement Wednesday, July 30, Yamsuan sought the passage of House Bill (HB) No.2240, or the Equal Maternity Protection Act. It aims to provide maternity cash benefits for women workers in the informal sector.

Specifically, the measure seeks “a one-time direct maternity cash benefit per delivery” to informal sector female workers “equivalent to the prevailing minimum wage rate in their region of residence multiplied by 22 days”.

Once the bill becomes law, a female worker in the informal economy who lives in Metro Manila where the prevailing minimum wage rate is P695 will receive P15,290 from the DSWD after giving birth.

Yamsuan’s proposal covers women workers in the informal economy who are not members of the Social Security System (SSS), whether on a regular or voluntary basis. These include freelancers, own-account workers, home-based workers and workers in unrecognized or unregulated employment relationships.

In his SONA last Monday, July 30, President Marcos expressed a renewed commitment to expand opportunities for low-income Filipinos to set up small businesses. The Department of Trade and Industry (DTI) said that among the expected beneficiaries of this SONA commitment are women.

“Malaking bahagi ng ating mga informal workers na kasama sa pagpapasigla ng ating ekonomiya ay mga kababaihan at karamihan sa kanila ay walang benefits na natatanggap mula sa gobyerno. Ang ating panukalang batas ay layuning mabago ang ganitong di-patas na pagtrato sa kanila,” Yamsuan said.

(A big chunk of our informal workers who contribute to energizing our economy are women and many of them do not receive any benefits from the government. Our bill aims to change this unfair treatment of them.).

HB No.2240 intends to amend certain provisions of Republic Act (RA) No.11210, or the Expanded Maternity Leave Law in which eligibility is limited only to women who are SSS members and contributors.

Yamsuan said that in his district alone where he has helped provide jobs and livelihood opportunities through his Bigay Negosyo and Dagdag Pangkabuhayan programs, the majority of the beneficiaries were women.

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 find the details of Congressman Yamsuan’s proposal clear and concise? Do you think the proposal will be able to help a lot of women in the informal sector once it becomes a law? If you are a 2^nd district voter of Parañaque, do you like what Congressman Yamsuan is doing?

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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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

Four Chinese nationals arrested in Parañaque City over kidnapping

August 13, 2025August 4, 2025carlocarrasco

Recently in the city of Parañaque, local law enforcers arrested four Chinese nationals over the kidnap of a fellow Chinese national, according to a Philippine News Agency (PNA) news article. The suspects previously operated as money changers targeting those who exchanged large amount of money.

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

Four Chinese nationals were arrested over the weekend for allegedly kidnapping a fellow Chinese citizen, Philippine National Police (PNP) chief Gen. Nicolas Torre III announced on Monday.

In a press briefing at Camp Crame, Torre said the four suspects were arrested on Saturday by members of the PNP’s Anti-Kidnapping Group (AKG) at a resort-casino in Parañaque City.

He said the group operated as money changers who would target individuals exchanging large amounts of money.

“Matagal na kasi established itong apat, kilala na ito na mga money changer (These four have been established for a long time and are known as money changers),” he added.

AKG director Brig. Gen. Glicerio Cansilao said the 30-year-old male victim, while in captivity, managed to a discreetly call a friend through a borrowed mobile phone. The friend then called law enforcement authorities via 911.

Upon arrival at the hotel room, AKG operatives found six individuals —the four suspects, the victim, and a female Chinese national who also turned out to be a victim.

It was also learned that the male victim was physically harmed and forced to transfer an approximate amount of US$50,000 from his cryptocurrency wallet as part of ransom for his freedom.

The suspects are temporarily detained at Camp Crame and have already undergone inquest proceedings for charges of kidnapping and serious illegal detention.

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 of criminal activities committed by Chinese nationals? Do you consider Parañaque a hot spot of criminal activities involving Chinese nationals?

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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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 Deploys Over 1,000 “Habagat” Victims for 10-day Community Work

August 12, 2025August 11, 2025carlocarrasco

Recently in the City of Las Piñas, the City Government deployed over one thousand “habagat” victims to do community work for a 10-day period in accordance to the Department of Labor and Employment’s (DOLE) Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) program, according to a Manila Bulletin news report.

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

The city government of Las Piñas deployed around 1,200 victims of the southwest monsoon or “habagat” to do community work for 10 days under the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) program of the Department of Labor and Employment (DOLE).

Las Piñas City Mayor April Aguilar said that under “Alagang April,” the Public Employment Service Office (PESO) helped the 1,200 residents to earn and recover from the recent “habagat” and typhoons that hit the country.

Aguilar said the beneficiaries belong to the vulnerable sector and will conduct community work for 10 days around the city by sweeping around their barangays, helping in the drainage of canals, and maintaining cleanliness in their areas.

She said the TUPAD beneficiaries attended an orientation on their community work and will receive P6,950 each.

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 under the detail of the TUPAD program with regards to providing temporary employment opportunities for the disadvantaged people? How many people in your local community got deployed by the City Government?

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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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

One thousand 2nd District residents of Parañaque City sign up for TUPAD program

August 10, 2025August 10, 2025carlocarrasco

Recently in the city of Parañaque, one thousand residents of eight barangays that are all part of the 2^nd district of the city formally signed up as the newest batch for the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers (TUPAD) program, 2^nd District Congressman Brian Yamsuan confirmed through his official Facebook page.

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

This morning, August 7, 2025, we successfully conducted the contract signing of 1,000 beneficiaries of our Batch 4 P5/TUPAD Program from eight barangays of District (Two) of Parañaque!

Our deepest gratitude to DOLE for their continuous support, and to our fine senators Sen. Pia Cayetano , Sen. Alan Peter Cayetano and Sen. Jinggoy Estrada — because of you, this program is made even more possible.

This is a big help to our countrymen and to every barangay of District (Two).

Present during the August 7 signing and gathering were Congressman Yamsuan, Vice Mayor Benjo Bernabe, City Councilor Tess de Asis and City Councilor Binky Favis. The four incumbent officials are all part of Team Pag-Asa. For my previous posts about Team Pag-Asa, click here and here. For updates from Congressman Yamsuan, click https://www.facebook.com/congbrianyamsuan

For the newcomers reading this, the TUPAD program is an initiative of the Department of Labor and Employment (DOLE) that provides short-term, community-based employment to the workers described as vulnerable or displaced, underemployed or seasonal. The temporary jobs offered by the program are often connected with community projects like the maintenance of public facilities and cleaning.

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 like what Congressman Brian Yamsuan is doing with the residents and projects of District Two? Do you think Congressman Yamsuan’s city projects will succeed in lifting people up from poverty without necessarily making them dependent on government support?

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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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

Freelance club DJ shot in Las Piñas City gas station, declared dead-on-arrival at hospital

August 7, 2025July 31, 2025carlocarrasco

Recently in the City of Las Piñas, a freelance club disc jockey (DJ) was shot by an armed man (who has a partner driving a motorcycle) at a gas station, according to a GMA Network news report. The victim was brought to a hospital but was declared dead-on-arrival. The shooting incident was captured on CCTV camera.

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

A club disc jockey was killed in a shooting incident in Barangay Pamplona Uno, Las Piñas City on Wednesday evening, according to a report of GMA Integrated News’ Jhomer Apresto on Unang Balita Thursday.

As seen in CCTV footage, the 34-year-old victim aboard his pickup vehicle was at a gasoline station when two men aboard a motorcycle stopped near him around 10 p.m. The backrider alighted the motorcycle, approached the pickup vehicle, and shot the victim.

The perpetrators on board their motorcycle fled while the victim on his pickup vehicle hit a wall at the gasoline station. The victim was brought to a hospital but he was declared dead on arrival.

According to the police, investigators are looking into the possibility that the crime was drug-related as sachets of suspected illegal drugs were recovered from the hand and bag of the victim.

“Yun ang tinitignan natin maaaring galing sa bahay papunta rito hanggang siya ay sundan, abangan, at pagbabarilin,” Las Piñas Police chief Police Colonel Sandro Tafalla said.

The mother of the victim said that her son just returned home from Malaysia and that she has no idea who is behind the shooting.

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 there is more than meets the eye in this crime story? Do you think the police will be able to find and arrest 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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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

Parañaque Congressman Yamsuan tells graduates there is nothing wrong with starting at the bottom

July 31, 2025July 24, 2025carlocarrasco

Recently in Parañaque City, the 2^nd District Representative Brian Yamsuan told the newest graduates of Parañaque City College (PCC) not to be ashamed of starting at the bottom, according to a Manila Bulletin news report. He tried to inspire many during PCC’s graduation rites.

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

Don’t be ashamed of starting at the bottom.

Parañaque City 2nd district Rep. Brian Raymund Yamsuan gave this message to this year’s graduating batch from the Parañaque City College (PCC) as they try to transition from learners to workers.

Yamsuan recalled how in all the jobs he undertook before he became a government official–from being a fastfood restaurant worker and a taxi driver, to being a young Senate staff member doing menial tasks–he always did his best, and kept in mind that no task is too small or beneath him.

“I had the mindset that the way we do the small things says a lot about how we will handle bigger things,” Yamsuan said in his speech before the PCC Class of 2025 during the school’s recognition rites held on July 21.

“And so, when you enter the workforce and perhaps starting at the very bottom, approach every role with respect, gratitude, and the willingness to grow. Humility is the first step to becoming better. Kung magsimula kayo sa baba, huwag kayong mahiya (If you start at the bottom, don’t be ashamed of it),” he added.

Yamsuan underscored the importance of humility, compassion, and integrity in shaping the character and actions of today’s youth.

“Let humility be your foundation, to keep you grounded and always learning. Let compassion be your compass, guiding how you treat others. And let integrity be your anchor, reminding you who you are, no matter how far you go,” he said.

In a world that prioritizes speed and competition, Yamsuan told graduates to never forget the power of kindness and compassion in positively changing people’s lives and creating an impact that goes beyond profits and success.

“In whatever job you decide to do, let compassion lead you to serve others,” Yamsuan said. “In whatever field you choose to pursue, never lose sight of why you’re there: the people.”

As a public servant, Yamsuan said compassion is at the core of everything he does—from crafting laws, policies and programs to engaging directly with the people to understand their hopes and daily struggles.

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 today’s newest batch of college graduates have a lot of challenges to face as they hunt for available jobs? Do you find Congressman Yamsuan’s message to PCC graduates inspiring?

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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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

CIDG seizes P121.4-M substandard Apple products and arrests two suspects in Parañaque City

July 30, 2025July 22, 2025carlocarrasco

Recently in Parañaque City, elements of the Criminal Investigation and Detection Group (CIDG) seized more than P120 million worth of substandard Apple products and arrested two suspects, according to a Philippine News Agency (PNA) news article.

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

Operatives of the Criminal Investigation and Detection Group (CIDG) arrested two individuals and seized substandard Apple products worth PHP121.4 million in Parañaque City.

In a statement on Monday, CIDG acting chief Brig. Gen. Romeo Macapaz said the suspects “Crissa” and “Charles” were caught in the act of selling assorted Apple products such as iPhone, Apple Watch and accessories without the required clearance from the National Telecommunications Commission (NTC) and registration from the Department of Trade and Industry (DTI), during the operation in a residential compound in Barangay Tambo on July 19.

This act violates Articles 18 and 50 of Republic Act 7394 or the Consumer Act of the Philippines, in relation to Section 2 of NTC Memorandum Circular 08-08-2004A.

The CIDG seized nine boxes of Apple iWatches (225 units), 14 boxes of MagSafe chargers (531 units), 92 boxes of AirPods (4,580 units), including seven boxes of charger adaptors (2,652 units), 37 boxes of charger sets (6,664 units), 18 boxes of iPhone accessories (1,033 units), one box of car chargers (70 units), 10 boxes of charging cords (1,740 units), two boxes of handheld fans (87 units), three boxes of hair dryers (77 units), three boxes of Beats Solo headphones (126 units), one unit of iPhone 16, and one box of earphones (110 units) with estimated market value of PHP121.47 million.

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 the selling of substandard technology products a major problem in the city? Who do you think is responsible for the many substandard products of Apple that entered Parañaque?

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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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

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