MANILA (November 13, 2023) The Dota 2 leg of the Predator League Philippine Finals reached an epic conclusion in SM North EDSA Cyberzone on November 12, 2023.
The grand finale featured the resilience of two outstanding teams, Smurfers and Made in Philippines (MIPH), as they not only battled to win a championship but also aspired to attract the attention of established organizations that could offer them valuable resources they needed to reach even greater heights.
Both made strides en route to the finals, where Smurfers stunned the Wong “ChuaN” Hock Chuan and Ryan “Raging Potato” Qui-led Neon Esports through a 2-1 reverse sweep, while MIPH dispatched InterActive Philippines in a commanding 2-0 sweep.
The Acer Team (L-R) Paul Toledo, Visual Merchandising Associate; Rochelle Garcia, Marketing Specialist; April Santillan, Senior Graphic Artist; Princess Laosantos, Senior Marketing Manager; Mia Anillo, Senior Marketing Lead; and Jafeth Pancho, Marketing Assistant.
And as the two finalists made a desperate push to victory, in the end, it was Made in Philippines who clinched the shield, sweeping their foes 2-0.
In the heated bout between these two up-and-coming Dota 2 squads made a statement in both games. In Game 1, their control of the early midlane matchup from Julius “JG” Galeon, combined with the teamfight presence from Glenard “Rupido” Rugay’s Dark Seer sealed the deal. Then in Game 2, MIPH nearly suffered a scare as Smurfers’ Philip “Karma” Torres and Ivan Neil “Fiend” Valencia were snowballing efficiently after a shaky start. However, MIPH masterfully timed their engagements during the clutch moments.
In the series, Kryte “LuziFy” Gabriel was heralded by fans as the Intel MVP and received a Predator Helios Neo 16 and Php10,000.
Given Made in Philippines’ championship in the Philippine Finals comes the opportunity to prove their prowess further, as they have received the prestigious honor of representing the Philippines for the upcoming Asia Pacific Predator League 2024 Grand Finals at the SM Mall of Asia Arena on January 13 – 14, 2024.
In addition, Made in Philippines likewise obtained Php250,000, while Smurfers took home Php100,000. Neon Esports and InterActive Philippines each secured Php55,000 for their valiant efforts.
MIPH’s underdog story continues as they are not the only ones to represent the country and compete against the very best. They will encounter fierce competition from other iconic Dota 2 teams in the region, namely Blacklist International, Execration, and defending Asia Pacific Predator League champions, Polaris Esports.
Shoutcasters Rain Zerlyn Manaig, Aries “Kalbz ” Alejandro, and Michael Angelo “Alo” Zomil were present calling the shots for the matches. Meanwhile, the dynamic duo of Allyza Taylor and Justin”Vill” Villaserin added more flavor with their hosting, which was further complemented by the appearances of Predator ambassadors, namely Kang Dupet, KuyaNic, MaggieKarp, AmaraTV, and Een Mercado.
As the curtain closed, Filipino rock band Urbandub signaled the victory ‘Anthem’ as they performed at the tail end of the event.
Skip the holiday rush as SM City Marilao and SM Center Pulilan bring the biggest 3-DAY SALE happening on November 17, 18, and 19.
Shop loud and proud as the sale mania falls from Friday, November 17 until Sunday, November 19. Take advantage of great discounts of up to 70% off that apply to countless items mall-wide. Check out the latest finds from The SM Store, SM Hypermarket, Ace Hardware, Watson’s, SM Appliance Center, Surplus, and Miniso.
Prepare your holiday wish list and fill your carts with great gift selections for friends and loved ones. There are lots to choose from: beauty, home, gadgets, toys, apparel, shoes, bags, and many more.
Purchases could even give you a heap of chances to bring home a brand-new Suzuki Avenis motorcycle! To join, shoppers may avail of P1000 worth of purchases to earn one e-raffle entry. Increase your chances of winning by getting additional coupons on Saturday (November 18) and Sunday (November 19) to double the entries. Shoppers may also access their SM Malls Online account and get five additional entries.
While shopping, also check out awesome dining deals at affordable prices from selected food tenants at SM malls in Marilao and Pulilan.
Get your calendars and mark November 17–19 all the way from 10am-10pm. Dig the best deals only at SM City Marilao and SM Center Pulilan’s 3-Day Sale blowout! For mall events and updates, follow SM Bulacan malls on Facebook and Instagram.
Swedish home furnishing brand expands to reach the many Filipinos
through IKEA.ph starting at ₱170
Starting October 13, Filipinos anywhere in the Philippines can get their hands on affordable and quality home furnishings from IKEA with its parcel delivery service expanding to all areas in the Philippines.
By visiting IKEA.ph, the only official online store of IKEA in the Philippines, Filipinos from Luzon, Visayas, and Mindanao can now shop products online through parcel delivery. With this, Filipinos can shop home furnishing accessories and small to medium sized furniture items from IKEA for up to a weight of 30 kg and a maximum length per item of 1.8 meters.
“With our parcel delivery now opening to more than 7,000 islands of the Philippines, we are one big step closer in bringing a better everyday life to the many Filipinos. We are excited for the Filipinos in Visayas and Mindanao to discover our quality and affordable home solutions.”, says Jarek Lesniewski, Country Fulfillment Operations Manager at IKEA Philippines.
Parcel delivery fees start at P170 for Metro Manila and have been made even more affordable in select areas in Luzon. Below are the parcel delivery fees in all other areas:
₱170 for Metro Manila
₱200 (previously ₱350) for Bulacan, Nueva Ecija, Pampanga, Bataan, Zambales, Tarlac, Rizal, Laguna, Cavite, Batangas, Quezon
₱400 (previously ₱450) for Pangasinan, Baguio, La Union, Abra, Benguet, Ilocos Norte, Ilocos Sur, Isabela, Mt. Province, Batanes, Nueva Vizcaya, Aurora, Cagayan, Camarines Norte, Camarines Sur, Albay
₱560 for Visayas and Mindanao
IKEA also currently offers 50% off on truck delivery fees starting at ₱600 for all orders in Luzon until November 5, 2023. Click & collect, online planning services, assembly services, and installment payment plans via major credit cards are also offered in select areas for a convenient omnichannel shopping experience.
Shop IKEA online from anywhere in the Philippines today, visit www.IKEA.ph or download the IKEA Shopping app on Google Play or App Store. For more details on delivery and other services, visit www.IKEA.ph/delivery.
Enjoy industry-leading camera capabilities, enhanced cover screen experience, and long-lasting battery as you snap for style and tap for more using OPPO’ next generation flip phone
OPPO has once again raised the bar in the flip phone market with the new OPPO Find N3 Flip. Packed with remarkable upgrades, it stands out with an industry-first triple camera system co-created with Hasselblad, meticulously crafted to capture photos that mirror your unique style. Combine this with its intuitive vertical cover screen for swift photo checks and handy functionalities through increased app support, along with a powerhouse battery capacity that lasts long and the fastest charging on a flip today, and you’re set to shine whenever you bring out your flagship flip phone.
Step out in style with the OPPO Find N3 Flip!
The long wait for OPPO’s next generation flip is over. The OPPO Find N3 Flip is now available to purchase for Php 64,999 in selected OPPO authorized offline concept stores and multi brand stores nationwide.
MyOPPO app users can also redeem exclusive perks with every purchase of the Find N3 Flip. The first 50 users can get 5,000 Mabuhay Miles. The first 100 users can also claim a one-time free access to any PAGSS Premium lounge. Last but not the least, exclusive gift sets from either MAC Cosmetics, Jo Malone London, Estee Lauder, Origins, or Clinique can also be redeemed until supplies last.
E-Commerce
Shopee,Lazada, TikTok Shop
Free OPPO Enco Air3 (worth PHP 3,999) and OPPO Band2 (worth PHP 3,999) with every purchase
100% Free Shipping
0% Interest Installment via SPayLater
0% Interest Installment via LazPayLater
Operators
Globe
Find N3 Flip will be available via Globe Plan 1499 with Php 34,000 cash out
Free OPPO Enco Air3 (worth PHP 3,999) and OPPO Band2 (worth PHP 3,999) with every purchase
Smart
Find N3 Flip will be available via Smart Postpaid Plan 1999 with cash-out
Free OPPO Enco Air3 (worth PHP 3,999) and OPPO Band2 (worth PHP 3,999) with every purchase
Installment Plans
Home Credit
Available in installment plans of 6/9/12/15/18 months at 0% interest
Lowest monthly payment of PHP 1,676/month in all OPPO stores partnered with Home Credit nationwide
Credit Card
Available at 6 or 12 months installment at 0% interest for all credit cards.
Finally, those who will purchase the OPPO Find N3 Flip will be entitled to exclusive after sales benefits when you visit any authorized OPPO service center, including a Premium Lane, International Warranty Service, Exclusive Hotline, Door-to-Door Service, and Customer Service Check-up.
Spread Holiday Cheer and Feel the Christmas Spirit here at SM Supermalls!
‘Tis the season to be jolly, and what better way to kickstart the festive spirit than with the iconic Jose Mari Chan? This Christmas, SM has teamed up with the Father of Philippine Christmas Music to gift us all a catchy, heartwarming tune that’s sure to make your holiday season even more special.
This year, Chan has returned to serenade Pinoy shoppers with the song entitled “Celebrate Christmas at SM.” With his timeless voice, you are sure to feel the warmth of the holidays and create joyful memories with your friends and family.
The latest Christmas jingle is the perfect anthem for the holiday season. With a lyrics and chorus that’s impossible not to sing along to, it’s the kind of song that will have you humming while shopping for gifts or browsing the latest offers.
Make your way to your favorite SM Mall, Shop for gifts, savor holiday treats, and create unforgettable moments with loved ones only at SM.
To know more about the events this Christmas and to check out this year’s Christmas Jingle, visit www.smsupermalls.com and follow @smsupermalls and #HappiestChristmasAtSM on social media.
The Asia Pacific Predator League 2024 Grand Finals will take place from January 13 to 14, 2024, at the SM Mall of Asia Arena in Manila. Twenty-six (26) teams from across the Asia Pacific region will be battling for the highly coveted Predator Shield. To lift this prestigious award, teams must demonstrate mastery of the highly acclaimed game title VALORANT.
Sue Ong-Lim, Acer Philippines General Manager
The Asia Pacific Predator League has been the home ground of up-and-coming esports talents. Every season, thousands of teams across the region sign up for a chance to live out the dream of winning it all in the grandest of stages. Since 2018, Predator has continuously provided this stage and continues to nurture and promote the esports industry. The Predator League has also amplified the narratives of players through various content created throughout the league.
Manuel Wong, managing director, Acer Philippines
Predator League is our commitment to further building the gaming community in APAC. We are excited to bring the Asia Pacific Predator League to Manila, which has one of the biggest esports fanbases.
Said Manuel Wong, Managing Director at Acer Philippines.
A prize pool of $100,000 is also at stake for the VALORANT grand finals. The winning team will take home $65,000. The second-place winner will get $20,000, while third and fourth-place winners will receive $7,500.
For more information and updates about Predator League, head here or the official website.
Following his recent return with new tracks ‘Blindside’ & ‘A Year Ago’, and the announcement of his fifth, brand new studio album Bitter Sweet Love – out January 26th, 2024 on Columbia Records – multi-Platinum artist James Arthur releases new single ‘Just Us’ – listen here and watch the music video here.
James delivers a stunning, powerful ballad about realising the true meaning of life – true love, loving ourselves, our families, communities and being there for them.
“Just Us is a song in which I confess to running away from what really matters and getting lost in the pursuit of validation from external things,” James explains. “It’s about chasing a hedonistic, hollow life. Realising the true meaning of life which is of course about true love, loving ourselves, our families and our communities and being there for them.”
Bitter Sweet Love is James back to his very best, producing thirteen bites of world class music. After being on stage, it struck him how his fifth album should sound. A sold-out crowd was singing along to his hits, immersed in the emotion that James could hear in his own voice.
Within days of the tour ending in the States, James began sessions with different producers to see who could click with his vision. His final stop was in L.A. with Steve Solomon, with whom he co-wrote his 2016 megahit ‘Say You Won’t Let Go’.
Back in Britain, James attempted to write with more producers, but none came close to his bond with Steve, who flew over to finish the album at Miloco Studios in South London last summer, and produce a mature body of work, full of depth and oozing the impeccable songwriting quality that has defined James’s esteemed career to date.
The Middlesbrough-born, recent Brit Billion-certified artist has scored 4 top 10 albums, with 2016’s Back From The Edge hitting the Number 1 spot and over his career has collaborated with the likes of Anne-Marie, Sigala, Rudimental, Marshmello & many more.
James is one of the world’s biggest streaming artists, with over 38 million monthly listeners on Spotify alone. ‘Say You Won’t Let Go’ became his breakthrough hit in the US. It was officially the UK’s most streamed song in 2016 and has gone on to be enjoyed via 4 billion streams while the song’s official video has achieved 1.5 billion views on YouTube. Earlier this year, the track became his first RIAA Diamond Single with 10 million certified units – making James one of just 100 recipients of an RIAA Diamond Single certification in the programme’s history.
Other huge hit singles include: ‘Impossible’, ‘Can I Be Him’, ‘Sun Comes Up’, ‘Naked’, ‘Empty Space’, ‘Rewrite The Stars’, ‘Falling Like the Stars’, ‘Train Wreck’ and ‘Lasting Lover’, which are all certified platinum records. The song Cars Outside is currently becoming another global hit for James.
“The more albums you make and the more success you have, the more the pressure tends to be upon you,” James Arthur shares. But I genuinely felt like a kid again, just making music I loved, not worried about trying to please everyone.”
James Arthur will play the following Southeast Asia dates this year: Tickets on sale HERE.
Dates:
Nov 29 Bangkok, Thailand (Union Hall)
Dec 01 Jakarta, Indonesia (The Kasablanka)
Dec 03 Birmingham, Kuala Lumpur, Malaysia (Zepp Kuala Lumpur) Dec 05 Singapore, Singapore (The Star Theatre)
James Arthur’s “Just Us” is out now on all digital music platforms worldwide via Columbia Records/Sony Music Entertainment.
15.6% ROE and 1.6% ROA, still among the highest in the industry
Sustained core business strength and stable asset quality: 2.2% NPL ratio and 126% NPL cover, both better than the industry average.
Healthy cost-to-income ratio despite higher investments in technology and manpower development.
Book value per share (BVS) grew 7% to P52.50.
CHINA Banking Corporation (Chinabank, PSE stock symbol: CHIB) recorded P16.2 billion in net income from January to September 2023, 10% higher compared to the same period last year.
This translated to a return on equity of 15.6% and a return on assets of 1.6%.
Chinabank’s bottom line in the last nine months improved on the back of robust growth from core businesses and lower loan loss provisions. For the third quarter alone, the bank netted
P5.4 billion in profits, up 16% from the same period last year.
“Chinabank’s sustained growth reflects the successful execution of our business strategies.
Despite the current high interest rate environment, we continue to grow our bottom line by preserving our margins, managing our overall costs effectively, and bringing greater efficiencies to our operations with technology,” Chinabank President & CEO Romeo D. Uyan, Jr. said.
Net interest income grew by 16% to P39.2 billion as the 44% surge in top line revenues cushioned the nearly triple increase in interest expense. Net interest margin was maintained at 4.2%.
The bank reduced its total credit provisions to P1.3 billion given its stable portfolio quality.
Despite this, non-performing loans (NPL) cover remained better-than-industry at 126%.
Operating expenses increased by 14% to P20.5 billion, driven by higher manpower and
inflation-related expenses and bigger volume and revenue-related taxes. Cost-to-income ratio remained healthy at 50%.
Chinabank remains as the 4th largest private domestic bank with total assets of P1.4 trillion, up 11% year-on-year.
Gross loans grew by 10% year-on-year to P765 billion, driven by the 19% expansion in consumer loans, particularly teachers’ loans and credit cards. The bank’s level of bad loans continued to be manageable, posting a better-than-industry average NPL ratio of 2.2%.
Total deposits increased by 14% to P1.1 trillion resulting in a 49% CASA ratio as term deposits grew year-on-year.
“Our balance sheet remains strong. A quality loan book has helped us during a period of rising interest rates. We also continued to optimize our capital structure, maintaining strong capital generation and asset quality,” Chinabank CFO Patrick D. Cheng said.
Total capital grew by 7% to P141 billion, with Common Equity Tier 1 Ratio at 14.9% and Total
Capital Adequacy Ratio at 15.8%, well above the minimum regulatory requirement. Book value per share was at P52.50, up 7%.
Chinabank was recently named by the People Management Association of the Philippines as the 2023 Employer of the Year, the only bank to win the prestigious award in 30 years. This recognition for the bank’s outstanding human resources practices comes in the heels of its latest accolades: Outstanding Wealth Management Service for the Affluent Award from the
Private Banker International and Five-Golden Arrow Award from the Institute of Corporate Directors, the second time Chinabank has won this distinction for its excellence in corporate Governance.
GCash, the Philippines’ number one finance super app, has partnered with PasaJob, the country’s first and only long-chain referral-based employment platform, to introduce a brand-new way of earning money aside from the regular 9-5 or business via referrals. Users may earn up to Php10,000 by successfully referring their friends and family for any job opportunity.
With this partnership, GCash and PasaJob are launching GJobs, a new GCash feature that leverages referrals to make hiring easier, faster, and more reliable, as vouched for by professionals.
“In line with our vision of ‘Finance for All’, this partnership is a good opportunity for our millions of users to earn additional income and to look for their dream jobs that are being offered by the biggest and best companies in the Philippines.” said GCash Chief People Officer Robert Gonzales. “We’re starting with big companies right now but we’re really hoping we can attract micro, small, and medium enterprises as well in posting their job requirements on GJobs.”
To use the feature, simply navigate through the GCash app and tap “View All.” Scroll down to the “Enjoy” category where you can find the “Jobs” icon. Once the user clicks on the Jobs Icon, they will be able to refer jobs from reputable companies from BPO to IT, Sales, and over 20 more industries with their corresponding referral fees, totaling millions of potential earnings for referrers.
How to refer and earn through GJobs?
Run through the job list and carefully assess if anyone from your network fits the job qualifications and could be a qualified candidate.
Search the job list with ease by utilizing the filters for different categories or sorting the jobs according to the newest listings, top salary, or top referral fee.
Once you find the perfect job, click the “Refer” button.
Enter the full name and email address of the person you will refer the job to. You have six referral credits per job opening, and make sure to read the payout rules for your potential earnings.
Whenever you make a referral, you and your referee will receive an email from PasaJob. You can also check the status of your referrals by tapping “Referrals” on the navigation bar at the bottom of the app.
If a referral leads to a successful hire, you, as the referrer, will receive the referral fee as a reward based on the job’s payout schedule, and terms. Just like that, you’re all set to earn more while helping your friends and loved ones find their dream jobs!
To sign up for a GJobs account, you may download the GCash app from the Google Play Store and the App Store. For more information, please visitwww.gcash.com andhttps://pasajob.com/gjobs.
The Ascott Limited, a leading international hospitality company, will be redefining the industry once again with Citadines Bacolod City, the newest addition to its roster of properties. Located in the heart of Bacolod. The premier-serviced residence, which marks Ascott’s maiden entry into the city, is positioning itself as a game-changer in the local hospitality scene.
Bacolod City, known as the “City of Smiles” is a vibrant and progressive urban center located in the province of Negros Occidental, Philippines. It is the capital city of the province and serves as its economic, cultural, and administrative hub. The city’s rapid urbanization has had a significant impact on its tourism and hospitality sector, transforming it into a thriving destination that attracts both domestic and international travelers.
Gearing up for 2024, Citadine’s targeted venture is Bacolod’s well-celebrated Masskara festival, which attracts tourists from all over the world. A part of their preparation was the exclusive VIP Night last October 19, which welcomed special guests Mr. Jose Franco Soberano, COO of Cebu Landmasters, Mr. Mathias Bergundthal, Director of SLI Hotels and Resorts, and Mr. Alec Lsutre, President of Capitaine Inc. The event gave a peek into the fun and excitement Citadines has planned for the upcoming year, featuring Masskara performers all night long – drummers, dancers, and singers – giving Bacolod a taste of what’s to come.
The VIP Night also explored “How Citadines will Change the Hospitality Landscape in Bacolod” with Ascott General Manager Philip Barnes, opening with an optimistic eye for the upcoming opening.
The Citadines brand is committed to providing a seamless blend of convenience, comfort, and connectivity to cater to the diverse needs of both business and leisure travelers. Each Citadines property exudes a distinct style and character, reflecting the local culture and community, while maintaining a consistent philosophy of “bringing you to the city, and the city to you”.
Looking forward to its opening in 2024, A property viewing was also integrated to boast the array of world-class amenities designed to elevate the guest experience. Showcasing the infinity pool, which offers stunning views of Bacolod’s skyline, and the fully equipped fitness center to cater to health and wellness enthusiasts. Citadines excites everyone with a teaser of their several restaurants. For those wanting to try out local cuisines and regional specialties, stop by Citadines’ Negrense, your one-stop destination for all the delicacies Negros Occidental. The property’s team of chefs will collaborate with local cooks to deliver flavors unique to each city in the region.
Viennoiserie and Italian, Citadines Bacolod City’s lobby café and bakery, will treat guests with an irresistible blend of aromatic coffee experiences through its collaboration with Coffee Culture, a popular and innovative artisan coffee roaster of local and imported beans. Aligning with the property’s brand signature, “for the love of coffee”, guests can choose from a menu inspired by the local coffee culture and leisurely enjoy food and beverages in an ambiance that radiates comfort and sophistication. Viennoiserie and Italian’s skilled baristas are devoted to transforming each cup of coffee into a journey of flavors, using carefully sourced beans that reflect the essence of the region’s coffee heritage.
The property also boasts a selection of versatile event spaces, thoughtfully designed to accommodate a wide range of gatherings and occasions, such as a grand ballroom. This part of the property provides a spacious and versatile venue, making it an ideal Meetings, Incentives, Conferences, and Exhibitions (MICE) destination in the region. With its state-of-the-art facilities and adaptable layout, this pillarless marvel is poised to be a true game-changer in the MICE industry in the area, setting new standards for elegance, flexibility, and sophistication in event spaces.
“As a property managed by The Ascott Limited, Citadines Bacolod City exemplifies our commitment to providing a seamless blend of comfort, convenience, and top-notch service,” said Philip Barnes, the Ascott Limited’s Country General Manager. “We are delighted to bring this exceptional brand to Bacolod City and offer travelers a sophisticated stay experience.”
The property’s strategic location puts it in close proximity to several of the city’s key amenities and facilities. This includes some of Bacolod City’s top universities, shopping malls, central business districts, and restaurants. Citadines Bacolod City’s central location makes it an attractive choice for business and leisure travelers seeking a well-connected base to explore the city’s vibrant offerings.
Along with Bacolod’s rapid urban growth, Citadines Bacolod City’s establishment in the city can help pave the way for further economic boon for the area as a whole. The property’s capacity to become a MICE destination leader in the region can significantly contribute to the city’s revenue generation, business opportunities, and diversification of income. It can also help maintain the region’s occupancy levels, especially during special cultural events like the Masskara Festival, and promote the Ascott brand to the Visayas region.
In terms of future growth, Ascott believes Citadines Bacolod City presents a steep growth potential in the coming years. With Bacolod’s popularity as a travel and business hub continuing to soar, the property is well-equipped to cater to the increasing demand for sophisticated accommodations and events facilities. Through its establishment in Bacolod, Ascott aims to strengthen its brand presence in the Panay area by exploring opportunities for expansion and enhancing guest experiences in other key cities within the region.
As Citadines Bacolod City opens its doors to the public, the property invites guests to indulge in a world-class stay experience, backed by Ascott’s legacy of exceptional service and unparalleled hospitality. Guests can reserve and advance and look out for updates by visiting the property’s official website and the following social media pages, Facebook and Instagram.
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About The Ascott Limited
Since pioneering Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984, Ascott has grown to be a trusted hospitality company with more than 930 properties globally. Headquartered in Singapore, Ascott’s presence extends across more than 220 cities in over 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.
Ascott’s diversified accommodation offerings span serviced residences, coliving properties, hotels and independent senior living apartments, as well as student accommodation and rental housing. Its award-winning hospitality brands include Ascott, Citadines, lyf, Oakwood, Quest, Somerset, The Crest Collection, The Unlimited Collection, Preference, Fox, Harris, POP!, Vertu and Yello; and it has a brand partnership with Domitys. Through Ascott Star Rewards (ASR), Ascott’s loyalty programme, members enjoy exclusive privileges and offers at participating properties.
A wholly owned business unit of CapitaLand Investment Limited, Ascott is a leading vertically-integrated lodging operator. Harnessing its extensive network of third-party owners and in-market expertise, Ascott grows fee-related earnings through its hospitality management and investment management capabilities. Ascott also expands its funds under management by growing its sponsored CapitaLand Ascott Trust and private funds.
Headquartered and listed in Singapore, CapitaLand Investment Limited (CLI) is a leading global real estate investment manager (REIM) with a strong Asia foothold. As at 30 June 2023, CLI had S$134 billion of real estate assets under management, and S$89 billion of real estate funds under management (FUM) held via six listed real estate investment trusts and business trusts, and more than 30 private vehicles across Asia Pacific, Europe and USA. Its diversified real estate asset classes cover retail, office, lodging, business parks, industrial, logistics and data centres.
CLI aims to scale its FUM and fee-related earnings through fund management, lodging management and its full stack of operating capabilities, and maintain effective capital management. As the investment management arm of CapitaLand Group, CLI has access to the development capabilities of and pipeline investment opportunities from CapitaLand’s development arm.
As a responsible company, CLI places sustainability at the core of what it does and has committed to achieve Net Zero emissions for scope 1 and 2 by 2050. CLI contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.
For more information, please contact:
Kelly Oliveros | Account and Business Unit Director | Centaur Marketing
