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Thursday, May 31, 2012

Empire Avenue | WINVESTMENT

Empire Avenue | WINVESTMENT


About Empire Avenue


Empire Avenue is the fastest and most effective way to expand, engage and evaluate your social networks.

Expand

Empire Avenue's comprehensive social media suite is powered by the Social Stock Market, where you use your virtual currency to expand your social media audience. Your virtual investors will share in your success as they earn valuable currency through your online activity and engagement.

Engage

Use Empire Avenue's powerful Missions to drive traffic and engagement to your online content and social profiles, and to gain relevant new fans, followers and subscribers on Facebook, YouTube, Twitter, Instagram, Google+ and other networks.

Evaluate

Finally, use the built-in Network Scores and other metrics to gauge the effectiveness and progress of your social media efforts, to pinpoint areas of improvement and to keep an eye on your network growth.
With all of these tools in one place, Empire Avenue is the social media rocket fuel you've been looking for.

Be a Vice President like me or even a CEO on a social networking site like this. Join me on Empire Avenue now! http://www.empireavenue.com/winvestment

Wednesday, May 30, 2012

PH beats neighbors in PPP readiness, study says



The Philippines beat other developing economies in an Asian Development Bank-commissioned study on Public-Private Partnership (PPPs) readiness, coming up behind Japan and China. 

The country ranked higher than Indonesia and Thailand in the 2011 Infrascope study conducted by the Economist Intelligence Unit (EIU) for ADB. The study was meant to measure "the readiness and capacity of a country to carry out sustainable, long term PPP projects," ADB said in a press statement released with the report.

Of a possible score of 100, the Philippines got an overall score of 47.1, slightly behind China with 49.8. Other Southeast Asian nations in the study were Indonesia (46.1), Thailand (45.3) and Vietnam (26.3) 

Australia topped the 16-nation study with a score of 92.3, followed by the UK (89.7) and the Republic of Korea (71.3). The top three countries as well as Japan and Gujarat sub-state in India were used as benchmarks for the study.

"The Philippines has a long history with PPP projects, and benefits from a good legal framework. However, there are some institutional weakness, and limitations on dispute-resolution and financing," the EIU report said.

The report said "the overall legal framework (for PPPs) is good" but there is a need for specific guidelines on how PPP investors are compensated. "Compensation is currently dealt with by the government on a case-by-case basis," EIU said.

The report also said the bidding process on PPPs is well-structured, but that dispute resolution is a problem since "disputes are usually left to parties to solve between themselves." Arbitration also presents problems because "the courts themselves are not truly independent, although the situation is improving."

EIU noted "emerging economies such as Pakistan, Bangladesh, Kazakhstan, Thailand, Indonesia and the Philippines, are moving swiftly to put in place the necessary laws and structures to attract more private investment."

This, as the ADB called for a shift to PPPs to meet the $8 trillion that Asia needs to invest in infrastructure projects in the next decade.

"Public financiers like ADB must undergo a complete change of mindset and shift their focus from sovereign projects to PPPs," Woochong Um, Deputy Director General of ADB’s Regional and Sustainable Development Department, said.

He said the commissioned study "will help our developing member countries address the areas of PPPs that need to be strengthened."

Thursday, May 24, 2012

Vista Land is Philippines' largest homebuilder

(The Philippine Star) Updated May 11, 2012 12:00 AM 

Colliers International Philippines, an organization providing investment advisory, consultancy and research to the real estate sector, has published a market report dated March 2012 showing Vista Land and Lifescapes as the largest homebuilder in the Philippines. In a market scan involving 14 major players in the Philippine real estate industry, Vista Land has captured "22 percent share of over 80,000 units of reservation sales in 2011".

Vista Land, the holding company of five business units, namely, Brittany, Crown Asia, Camella Homes, Communities Philippines and Vista Residences, has vertical and horizontal residential projects in over 50 cities and municipalities.



MANILA, Philippines - Manuel B. Villar-led Vista Land & Lifescapes is the Philippines’ largest homebuilder.

This was confirmed by a market report prepared by Colliers International Philippines Inc.

“Based on a market scan of various vertical and horizontal residential projects in the Philippines developed by 14 major players in the real estate industry, Vista Land has captured 22 percent of the over 80,000 units of reservation sales in 2011 with the middle-income as their primary market,” Colliers said in its report dated March 2012. The advantage of Vista Land is that they have a good track record in developing livable communities in the country even before the other players came in.”

Vista Land has condominium and subdivision projects in over 50 cities and municipalities. With this wide coverage, the company is the largest homebuilder in the country.

Company president and chief executive officer Manuel Paolo Villar stated that the company expects continued strong performance in 2012. “We are projecting around 20 percent revenue and earnings growth for 2012 which should result in another record year for our company,” Villar said. “Demand for housing in the Philippines continues to be very strong so we are expecting robust growth in reservation sales given our planned project launches countrywide.”

Vista Land’s planned capital expenditure outlay is projected to exceed P15 billion for 2012.

Vista Land is the holding company of five business units, namely, Brittany, Crown Asia, Camella Homes, Communities Philippines and Vista Residences. The company generated P13.5 billion in revenues and P3.5 billion in net income in 2011. Its consolidated assets totalled P67.6 billion compared to P60.5 billion in 2010. The company has also recently successfully raised P4.5 billion through the issuance of unsecured domestic corporate notes.


For more details about Vista Land and Lifescapes, Inc. projects, you may visit our website at