Vietnam, a nation ravaged by war decades ago, has emerged as a major tourism magnet in both Southeast Asia and Asia as a whole after successfully attracting more than twenty-one million foreign tourists in 2025, according to a VnExpress International news report. The figure is a new all-time high. What Vietnam achieved was more than 20% higher than its 2024 foreign tourist numbers. For 2026, Vietnam is aiming high with a target of 25 million foreign visitors.
To put things in perspective, posted below is an excerpt from the news report VnExpress. Some parts in boldface…
Vietnam welcomed a record number of foreign tourists in 2025 with 21.2 million, up 20.4% from the previous year and the highest ever, according to General Statistics Office.
Mainland China was Vietnam’s biggest source of visitors last year with 5.2 million arrivals, up 41% year-on-year, followed by South Korea with 4.3 million and Taiwan with 1.23 million.
The U.S. ranked fourth with 848,000, followed by Japan with 814,000. The rest of the top 10 were India (746,000), Russia (689,000), Cambodia (687,000), Malaysia (573,000) and Australia (548,000).
Tourism industry insiders attributed Vietnam’s strong performance to visa reforms.
Foreign tourists welcomed in Vietnam. (photo credit: Ho Chi Minh City Department of Tourism)
In March the government decided to extend visa exemptions until 2028 for citizens of 12 countries: Denmark, Finland, France, Germany, Italy, Japan, Norway, Russia, South Korea, Spain, Sweden, and the U.K.
In August it waived visa requirements for stays of up to 45 days for citizens of 12 more countries: Belgium, Bulgaria, Croatia, Czechia, Hungary, Luxembourg, the Netherlands, Poland, Romania, Slovakia, Slovenia, and Switzerland.
This expanded the unilateral visa waiver list to 24 countries and the total number including bilateral waivers to 39.
Let me end this piece by asking you readers: What is your reaction to this development? Considering the strong international tourism momentum it has right now, do you think Vietnam will succeed in attracting 25 million foreign tourists this year? Do you think a lot more visitors from Europe will come to Vietnam this year?
To put things in perspective, posted below is an excerpt from the DOT announcement via the PIA. Some parts in boldface…
The Christmas long break underscored the strength of domestic tourism as Filipinos traveled across the country in large numbers, filling beaches, heritage sites, mountain retreats, and island destinations—cementing local travel as a vital pillar of the Philippine tourism industry during the holiday season.
Leading holiday destinations saw robust visitor turnout, with Boracay Island in Western Visayas recording the highest arrivals at 118,745 tourists from December 15 to 28, 2025, as Filipinos gathered to celebrate Christmas by the beach. The region also welcomed cruise passengers during the holidays, with Star Navigator and Norwegian Sun making multiple port calls and bringing in thousands of passengers and crew, further adding to local tourism activity.
Close behind, Cebu City welcomed 102,124 visitors, while Panglao Island in Bohol received 62,240 tourists, reflecting sustained domestic travel to Central Visayas despite the region having faced a series of natural calamities earlier in the year.
Meanwhile, Tacloban City in Eastern Visayas saw some 25,194 overnight guests. But the most visited tourist destination in the region was Malajog Beach in Calbayog City, Samar which registered some 56,543 tourists.
In the Cordilleras, Baguio City—long regarded as a favorite Christmas destination—recorded 117,137 visitors from December 15 to New Year’s Eve, drawn by its cool weather, festive lights, and seasonal sound-and-light shows.
In Bicol, Camarines Sur attracted 92,000 visitors over the holiday break, while neighboring Albay welcomed 45,000 tourists, many traveling along scenic routes framed by views of the iconic Mayon Volcano.
Northern Luzon destinations also saw steady holiday traffic. La Union recorded 47,338 foreign and local visitors seeking a beach escape, while Ilocos Sur welcomed 32,232 tourists drawn to its heritage streets and coastal landscapes. Meanwhile, Nueva Vizcaya received 10,012 visitors, many opting for nature-based and countryside travel during the break.
Island destinations remained popular for a “summer in December” experience. El Nido, Palawan welcomed 40,000 tourists, while Coron recorded 17,850 visitors. Puerto Galera also drew 13,204 holiday travelers.
In Mindanao, the Province of Sarangani in SOCCSKSARGEN welcomed 26,191 visitors, reflecting growing interest in the region’s diverse landscapes. Siargao Island attracted 32,742 tourists, while Bukidnon recorded 9,488 visitors drawn to its rolling mountains and cool climate. Camiguin Island likewise welcomed 6,558 tourists during the Christmas season.
In Metro Manila, the historic Walled City of Intramuros once again became a focal point for holiday visits, as Filipinos flocked to its illuminated streets, churches, and heritage landmarks. The area felt especially alive during the season, with families and groups attending Christmas masses at the Manila Cathedral and enjoying festive decorations in one of the country’s most celebrated heritage destinations.
“The strength of domestic tourism in the Philippines remains a driving force of our travel industry. The Christmas holidays once again showed how Filipinos continue to explore and support our own destinations,” said Secretary Christina Garcia Frasco.
“From ridge to reef, cities to heritage towns, domestic travel helps communities recover and thrive, boosts the economy, deepens national pride, and supports more equitable tourism development across our regions.”
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think DOT is honest and transparent with its claims of surging domestic tourists during the 2025 Christmas season? Do you think the DOT should focus more on domestic tourism so that the nation’s tourism industry will grow better and become less dependent on tourists from abroad? Do you think the “Love the Philippines” should be replaced soon?
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 Supergirl 1984 Revisited – As some of you might know by now, there is a new standalone Supergirl movie from James Gunn’s DCU coming out this year. The first trailer attracted many millions of views on YouTube and yet people are divided over it as they noticed many elements of James Gunn’s cinematic style (note: Gunn is NOT the director of the upcoming movie) in it. Some long-time Supergirl fans and comic readers don’t like the modern portrayal of the character since she appeared in James Gunn’s Superman. Times like these, it is nice to revisit the 1984 Supergirl movie that starred Helen Slater. Watch the retrospective video below.
#2 The Katsu Phenomenon – When was the last time you had a fried pork cutlet for a meal? In Japanese cuisine, katsu is a popular dish of crispy, deep fried cutlets typically made with pork (tonkatsu) or chicken (chicken katsu) served with rice, cabbage and a tangy sauce. Tonkatsu itself is very common in Japan and Japanese restaurants here in my native Philippines offer it to customers. When it comes to pork-related meals I ate in my life, the tonkatsu is a standout meal. Katsu itself gained popularity around the world and it has become a food phenomenon influencing how deep fried cutlets are prepared and served to customers in different forms. Watch and learn from the Nippon TV feature video below.
#3 Ulysses 31 Revisited – Have you ever seen the early 1980s Japanese-French anime series Ulysses 31? I saw some episodes of it on local TV here in the Philippines in the early 1990s and it was a very unique type of anime with science fiction concepts and spectacle. Anyone who is familiar with The Odyssey will be able to related with it. Apart from being a joint production between Japanese and French entities, Ulysses 31 was ahead of its time and it never made an impact with American viewers not because of its quality but because of a costly mistake with the music and wrongful distribution in America. To learn more about Ulysses 31, watch the retrospective videos below.
#4 Rhetorical Thrill Replays The Lord of the Rings: The Two Towers – Did you ever watch The Lord of the Rings: The Two Towers in the cinema and somehow never replayed it? If you did, how much of the 2002 film do you still remember? YouTuber Rhetorical Thrill confirmed she saw it in the cinema once and has not seen the film in a very long time. That said, watch her reaction video below.
#5 American Woman Who Was Trapped In Iran – Iran is in the news lately. Many Iranians are protesting on the streets and they are strong defying the Islamic terrorist regime. Iran turned evil and twisted since 1979 and their loss to Israel during the 12-Day War of 2025 left their regime crippled. Speaking of Iran, have you learned about the true story of an American woman who was trapped in Iran (because of her abusive Iranian husband’s deception) and could not leave the country without her daughter? The true story that led to the production of the 1991 movie Not Without My Daughter (starring Sally Field) is revealed in detail in the video below. I encourage you to watch it.
#6 Ashleigh Burton Reacts To Avengers Movies – There was a time when Marvel Studios released great superhero movies and the Marvel Cinematic Universe (MCU) had really entertaining flicks released from 2008 to 2019. After the release of Avengers: Endgame, the MCU went downhill as Marvel Studios and Disney proceeded with a very woke direction which turned away a lot of the fans who enjoyed the superhero movies of 2008-2019. That being said, now is a good time to look back at The Avengers, Avengers: Age of Ultron, Avengers: Infinity War and Avengers: Endgame through the reaction videos of Ashleigh Burton posted below. These are from the days of glory of the MCU.
#7 You, Me and The Movies React To Rocky III – Starring and directed by Sylvester Stallone, Rocky III was a crucial turning point of its film franchise. The first two movies were dramas with boxing matches as the payoffs and conclusion. In Rocky III, the tone shifted more towards action with a strong focus on changing Rocky himself as he faces his toughest opponent yet. YouTuber You, Me and the Movies posted its reaction video of the 1982 movie and you can see for yourselves how it impacts them.
#8 Wild Arms Retrospective – In 1997, I played Wild Arms on the PlayStation. It was Japanese role-playing game (JRPG) developed by Media.Vision and published by Sony which turned out to be fun and adventurous while maintaining strong focus on three main characters (note: they are the only characters you get to play). Two years later, I played Wild Arms 2 but never managed to finish it. The Wild Arms game franchise is turning thirty this year although it has been many years since the last game was released. To discover more about the PlayStation-exclusive JRPG series, watch the retrospective video below.
#9 Trump In 2025 – A lot has happened since Donald Trump returned as President of the United States on January 20, 2025. Apart from implementing changes to reshape America in ways that the Democrats and the Satanic Left do not like, Trump made his nation’s presence felt strongly in the international community. Not only did Trump’s tariffs compel nations to negotiate, America helped Israel with the 12-Day War by dropping massive bunker-busting bombs on Iran’s nuclear sites. This was followed by Trump’s military operations against Islamic terrorists and narco-terrorists. To find out more, watch and learn from the in-depth video below.
With 2025 already behind us, one has to wonder how the Philippines performed when it comes to attracting foreign tourists and as of this writing, the final statistics have yet to be announced by the government. What is clear is that the Philippines really slumped on international tourism last year and the nation is behind many of its Southeast Asian neighbors, according to a recent news article by VnExpress International.
To put things in perspective, posted below is an excerpt from the news article of the VnExpress International. Some parts in boldface…
Vietnam and Malaysia are rising tourism stars in Southeast Asia thanks to relaxed visa policies and improving infrastructure while Thailand has lost its lead due to border clashes and safety concerns.
Vietnam received its 20th millionth foreign visitor in a year for the first time at the Phu Quoc International Airport on Dec. 15, marking a milestone for its tourism sector. The full-year is expected to exceed 21 million, surpassing the previous record of 18 million achieved in 2019 before Covid.
With its 21% growth rate this year, Vietnam is regarded by the United Nations World Tourism Organization as one of the fastest-growing markets in the world.
Malaysia attracted 28.2 million tourists in the first eight months of this year, a 14.5% increase year-on-year.
The industry will be supported by stronger Chinese tourist arrivals, improving flight connectivity and the government’s ambitious “Visit Malaysia 2026” campaign, according to HSBC Global Research.
“Malaysia is on track to easily exceed its 2025 tourism target of 31.4 million tourists, making it one of the few ASEAN economies to achieve its target.
“We estimate the number of tourists is likely to exceed 40 million.”
This year, both countries have strived to ease visa polices, enhance promotion campaigns and improve airport infrastructure.
Indonesia and Laos have also seen increasing tourist numbers.
Indonesia received over 12.76 million foreign visitors in the first 10 months, a 10% increase, with Malaysia, Singapore, Australia, and India being the leading source markets. Laos received 3.8 million, a 13% increase.
Challenging year for Thailand, Cambodia – Once a tourism powerhouse in Southeast Asia, Thailand has struggled with setback after setback this year.
The crisis began in January as many Chinese tourists canceled their trips to the country following the high-profile abduction of Chinese actor Xing Xing.
Two months later a deadly earthquake in Myanmar that sent tremors across Bangkok caused widespread damage to the tourism industry.
Escalating military clashes along the Thai-Cambodian border also triggered a surge in cancellations across provinces near the fighting. Some countries warned their citizens to postpone traveling to Thailand.
Arrivals as of early December declined by 7% to 30 million. Thailand had received 40 million tourists in 2019 and 35 million last year.
Meanwhile, Cambodia’s reputation took a beating in the eyes of South Koreans due to online scams and the disappearance of hundreds of their fellow citizens who entered that country.
The South Korean government has issued warnings to its citizens to cancel or postpone non-essential travel to the Cambodian capital Phnom Penh and areas like Sihanoukville and Bokor Mountain.
Cambodia attracted only 4.75 million tourists in January-October, a decrease of 11.6%.
The Philippines received 4.7 million foreign visitors in the first 11 months of the year, a 3.02% decline due to significantly lower arrivals from South Korea and China.
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines still has a lot of problems to solve regarding infrastructure, tourism promotions and domestic travel costs before it could become competitive with its Southeast Asian neighbors? If ever the Philippines fails to hit its 2025 foreign tourist arrivals target, do you think the Department of Tourism (DOT) will once again point to tourism revenues as a barometer for success? With its current standing on international tourism, do you consider the 2023-2028 National Tourism Development Plan (NTDP) of the Philippines a failure already?
For the newcomers reading this, the ACCC is the private entity that owns and operates ATC. Rockwell Land is the corporation known for the Power Plant Mall and Rockwell Center in Makati City. The Philippine Star news report mentions the ATC operator in the new acquisition.
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 BusinessWorld. Some parts in boldface…
Lopez Family-led real estate developer Rockwell Land Corp. has acquired a 74.8% stake in the 17.5-hectare Alabang Town Center for P21.6 billion, expanding its commercial operations in the south.
“Earlier this year, Mr. Francisco ‘Jun’ M. Bayot invited us to consider redeveloping Alabang Town Center. It presented a compelling opportunity for Rockwell Land to further expand our presence in the south of Metro Manila, particularly given the scale and long-term potential of the property,” said Rockwell Land Chief Executive Officer Nestor J. Padilla in a statement on Monday.
“We are very grateful to Mr. Bayot and the Madrigal family for this opportunity. Our immediate focus is on ensuring a smooth transition and planning its redevelopment,” he added.
Alabang Town Center currently hosts more than 500 retail and office tenants, and its size offers significant redevelopment opportunities, the company said. Rockwell Land is known for its flagship mixed-use development, Rockwell Center Makati, anchored by the Power Plant Mall.
“Over the years, the company has enhanced its retail developments by integrating experiential and lifestyle-oriented spaces into its master planning, supported by curated tenant mixes. These efforts have enabled Rockwell Land to establish a strong track record in delivering a high-end retail experience,” it said.
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 any concerns about what would happen to Alabang Town Center under Rockwell’s control? Do you think the planned redevelopment of ATC will eventually make it better in the near future? What improvements do you hope to see at the ATC under Rockwell’s control?
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
Even though there already is a foreign tourism boom in Southeast Asia, the Philippines has literally been left behind by its neighbors as it attracted only 5.235 million international tourist arrivals for the period of January to November 2025, according to a news report by BusinessWorld.
To put things in perspective, posted below is an excerpt from the report of BusinessWorld. Some parts in boldface…
VISITOR ARRIVALS in the Philippines fell by 2.16% in the first 11 months, amid a decline in tourists from South Korea and China, Tourism department data showed.
Data from the Department of Tourism (DoT) showed international tourist arrivals dropped to 5.235 million in the January-to-November period from 5.35 million in the same period in 2024.
Of the tourist arrivals, the bulk or 4.918 million were foreign tourists, while the rest were overseas Filipinos.
South Korea remained the biggest source of tourists in the first 11 months, accounting for 21.66% of the total. While 1.134 million South Koreans visited the Philippines as of November, this was a 21% decline from the 1.436 million Korean tourists a year ago.
The US was the second-biggest source of tourists, at 894,835 or 17.09% of the total as of end-November. This was 6.57% higher than last year’s 839,635 tourist arrivals from the US.
Japan was the third-biggest source of tourists, accounting for 406,794 or 7.77% of the total, 15.36% up from 352,630 a year ago.
Tourist arrivals from Australia increased by 16.17% to 268,892 in the 11-month period. Meanwhile, tourists from China fell by 16.55% to 248,339 as of end-November.
The other top markets were Canada, Taiwan, the United Kingdom, Singapore, and Malaysia, which cumulatively accounted for 793,750 of the total arrivals.
“The weaker South Korean won amid a volatile political and economic situation over the past year and slower economic growth in China, which is the world’s second-biggest economy, on top of territorial disputes partly weighed on foreign tourism numbers,” Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.
Mr. Ricafort noted that the government should improve infrastructure to make it more convenient for tourists to travel around the country.
“Challenges include the need to further expand and develop tourism-related infrastructure such as airports, seaports, accommodation facilities, and train systems, including the Metro Manila subway and toll roads,” he added.
Despite the decline in the first 11 months, Mr. Ricafort said that it is still possible for the country to surpass the tourist arrivals last year, which reached 5.949 million.
“It is still possible, considering some seasonal increase in foreign tourists during the Christmas holiday season, especially overseas Filipino workers and balikbayans, to spend the most festive time of the year, while others escape winter,” he said.
“A higher US dollar-peso exchange rate would make it cheaper for foreign tourists to come to the Philippines,” he added.
Meanwhile, Mr. Ricafort noted the growth in tourist arrivals from India and other countries, which helped “offset the decline in major traditional sources such as South Korea and China.”
India was the 11th biggest source of tourist arrivals in the January-to-November period, accounting for 85,885 or 1.64% of the total. Tourists from India increased by 17.06% from 73,369 arrivals in the same period in the previous year.
Earlier this year, the Philippines and India signed the Implementation Program on Tourism Cooperation for the years 2025 to 2028.
For his part, Colliers Research Director Joey Roi H. Bondoc said that with only 5.235 million as of end-November, it will be difficult for the country to even surpass last year’s arrivals.
“I think it will be very difficult… We may not be able to beat that or even meet that, but of course we want to end the year stronger,” he said in a phone interview.
“We see a lot of foreign tourists still in December because of the holiday season. Definitely that optimism should spill over to next year,” he added.
As for the drop in arrivals from South Korea, Mr. Bondoc attributed this to the economic downturn and political crisis in the country.
“If you look at some integrated casinos, they were initially targeting Koreans… so they are experiencing the pinch of slower arrivals from South Korea,” he said.
Mr. Bondoc said the Philippines should try to attract tourists from other markets.
For further insight about the tourism industry problem of the Philippines, watch the CNA Insider video below.
Let me end this post by asking you readers: What is your reaction to this recent development? Did you think the Philippines can still beat its 2024 record of international visitor arrivals and generate huge revenues for the economy? Do you think the current administration will be able to improve the nation’s infrastructure and make travel more efficient and convenient for all tourists? Do you think the Philippines is too expensive when it comes to air travel?
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 Terminator 2 Arcade Game Revisited – As a teenager, I was a huge fan of Terminator 2: Judgment Day. In 1992, the official arcade game of Terminator 2 arrived here in the Philippines and there was this time I played it in a Makati arcade (with one other player on the other gun), spent a lot of money on tokens for it and played the game extensively. As the game was very hard and overly chaotic, us players were unable to finish it. Recently, I saw this analytical, retrospective video about the Terminator 2 arcade game on YouTube by Mass Replay. It was a very engaging video to watch as it examines the game very closely, explains why it is so challenging to play and how much would it cost gamers today to finish it. Watch the video below and pay attention to the details.
#2 Problems With Windows 11 – Are you using Windows 11 on your personal computer? The way the Microsoft operating system is right now with artificial intelligence (AI) integrated, it has attracted a lot of user complaints over its reliability, lack of efficiency, features, forced updates and being not so user-friendly. The complaints and criticism over Windows 11 are only getting louder as of this writing and you can find out exactly why by watching the ColdFusion video below.
#3 Japan’s Ekiben – You might be familiar with the packed meal in Japan called bento. The Ekiben is a specific type of bento which is normally sold at train stations and those who bought it enjoy their meals while traveling. Ekiben comes with different types of food, ingredients and flavors, and it also highlights the local cuisine of the station or region it was sold in. To learn more about it, watch the Nippon TV video below.
#4 Sega’s Best Games On Xbox 360 – Over twenty years have passed since Microsoft first launched the Xbox 360 game console in America which eventually became the most popular gaming console in Xbox gaming history as well as having the best online gaming network of the 7th console generation. As with the original Xbox console, Sega released several games on Xbox 360 (a mix of remastered games and brand new ones) via retail and through the Xbox network online (AKA Xbox LIVE). Recently Sega Lord X posted a video highlighting the best of what Sega released on the console, and it is fun to watch!
#5 Street Fighter 1994 Movie Revisited – In late 1994, the live-action movie Street Fighter was released in cinemas and there was buzz about it among Street Fighter II groups of fans of the time. Not only did the filmmakers have Jean-Claude Van Damme as its main attraction, they had to make up a functional story and cram a lot of characters into it. The film event had Australia’s icon Kylie Minogue as Cammy. To this day, some moviegoers (including gamers and fans of the Street Fighter franchise) enjoyed Street Fighter while there were others who found it very flawed. If you want to discover Street Fighter (1994) but are not willing to spend precious time and money on it, watch the videos below.
#6 Ashleigh Burton Reacts To National Lampoon’s Christmas Vacation – When it comes to movies set during the Christmas season, do you enjoy watching comedies? Way back in December of 1989, National Lampoon’s Christmas Vacation – starring Chevy Chase – was released to mixed reviews but managed to achieve commercial success and movie buffs today consider it a classic of the Christmas season. How much of an impact the movie can have on first-timers can be seen in Ashleigh Burton’s reaction video below.
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
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 Demolition Man Revisited – Way back in 1993, I completely missed out on Demolition Man in the local cinemas. The first time I saw it was on a rented laserdisc in 1995 and the film (starring Sylvester Stallone and Wesley Snipes) turned out to be entertaining in a unique way. By today’s standards, Demolition Man is considered by many as a film ahead of its time as it accidentally predicted self-driving cars, video conferencing, heavy dependence on computers for solutions and more. As such, it is not surprising that a lot of retrospective and reaction videos of Demolition Man have filled YouTube. Posted below are the more entertaining videos to watch about the 1993 movie.
#2 Soy Milk Becomes More Popular In Japan – Soy milk is a dairy-free, plant-based drink made from water and ground soybeans. In recent times, soy milk has gotten tremendously more popular in Japan. Not only is it being consumed by the Japanese in its beverage form, soy milk also made its way into food items and snacks. There is a lot to learn about soy milk’s popularity in Japan in the video below.
#3 Resident Evil Illustrated Tales – Believe it or not, there was a time when comic books and illustrated tales about the Resident Evil games were published from the late 1990s to the early 2000s. Back then, WildStorm (WildCATs, StormWatch, Wetworks) was licensed to make comic adaptations of Resident Evil starting with the Resident Evil: The Official Comic Magazine (published through Image Comics, 1998-1999) which featured varied short stories that expanded the lore but not necessarily counted as canon with the games. YouTube ScorePN posted a video showcasing the Resident Evil illustrated tales so you don’t have to go to all the trouble of finding the comic books and magazines. Watch and enjoy the video below.
#4 Zaxxon Revisited – In the early 1980s, Sega made a huge splash in the arcades and game consoles with Zaxxon which is now considered a classic by many gamers. I only played it on the personal computer back in the 1980s. While my enjoyment of the game was very limited because of the not-so-friendly keyboard controls, I found Zaxxon an intriguing experience due to its isometric visual design and the illusion of 3D space that came with it. Sometimes I wished that Zaxxon would get remastered for the current console generation. That said, it’s now a good time to look back at the game in the two retrospective videos below.
#5 Ashleigh Burton Reacts To Lethal Weapon – Among all the Lethal Weapon movies released by Hollywood, the first film from 1987 is still the best in my view. Apart from having a strong script, the directing by Richard Donner got fine performances from Mel Gibson and Danny Glover, and the spectacle was executed with a lot of power while never feeling outlandish. That said, it is fun to replay the movie from time to time. To see how it impacts YouTuber Ashleigh Burton, watch her reaction video below.
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 Setting The Record Straight About Cleveland’s 1986 Balloonfest – If there is anything unfortunate about the Internet and 21st century culture, it would be falsehoods and distorted information overwhelming the truth about past events. When it comes to Cleveland’s Balloonfest ’86, the event was a spectacle in which the organizers, its volunteers and strategic partners overcame lots of challenges along the way. The vibe and turnout overall in 1986 was generally positive. Today, there are simply too many liars and peddlers of misinformation (note: climate change activists, woke minds and people pretending to be experts) who posted online dishonest retrospective videos and opinions about Balloonfest ’86. That said, key members of the organizing committee and participants of the event got together to set the record straight in a YouTube video of Cleveland.com, and they have the facts to refute the accusations and falsehoods. Watch and learn from the video below.
#2 Tourists Causing Trouble In Japan – As I said some time ago, if you are entering Japan as a tourist, you better behave yourself and follow the rules. Massive tourism has been happening in Japan for some time now which is clearly adding to their economy and to discovering what the Japanese have to offer to the world. Unfortunately, there are foreign tourists who misbehaved and violated local laws to do gimmicks for social media (note: a selfish motive), disturbing the peace, adding to the pollution and even flying drones in restricted areas. Watch and learn from the video below.
#3 Remembering John McCain’s Bad Legacy – It has been years since former US presidential candidate and US Senator John McCain passed away. During his decades-long service in the US Senate, he was called by the corrupted mainstream news media a maverick for his willingness to work with Democrats on pieces of legislation. What many people do not know is the truth (backed with facts) that McCain’s legacy has been pretty bad as he not only betrayed the Republican Party but also the voters. When McCain was the Republican nominee for US President in 2008, his campaign was really doomed and Republicans got embarrassed. There is a lot more to discover about McCain in the MAGAmark video below.
#4 Congo Video Game – In 1995, the adventure movie Congo was released in cinemas and it managed to achieve better-than-expected commercial success despite being hit with negative reviews. The movie was based on a novel by the late Michael Crichton. As part of the film’s business strategy, a video game of it was released on Sega Saturn titled Congo The Movie: The Lost City of Zinj. I never played the game and there is a lot to learn about it in Sega Lord X’s video below.
#5 The Running Man Revisited – Remember the 1987 sci-fi action movie The Running Man starring Arnold Schwarzenegger? That film was not a faithful adaptation of the novel written by Stephen King (who used a different name) but it delivered bouts of fun for moviegoers. That said, there are lots of interesting details about the film, its source material, the process of adapting the story for film, and how it entertained people. Enjoy the selected retrospective and reaction videos below.
#6 You, Me and the Movies React To Frankenstein (1931) – Several decades ago, Universal Pictures released its cinematic adaptation of a 1927 play which itself is an adaptation of Mary Shelley’s Frankenstein novel. Simply titled Frankenstein, the 1931 movie went on to become a long-lasting part of American pop culture and is often regarded as a Hollywood. You, Me and the Movies’ Frankenstein reaction video is a must-see.
#7 Ashleigh Burton Reacts To Young Frankenstein – If you want to see good old comedy that is effectively funny, you can’t go wrong with Mel Brooks. When it comes to making fun out of a particular horror icon or property, Brooks’ Young Frankenstein is a parody worth considering. Ashleigh Burton’s reaction video is fun to watch.
Author Carlo Carrasco 