Gotianun-led Filinvest Development Corp (FDC) is looking into tapping the offshore debt market via foreign currency dominated long-term bonds. We are taking a cautious approach and adopting a more flexible short term planning process, while still being mindful of our medium term strategy,” Yap said. On the other hand, its property business would continue boosting its recurring income portfolio in the office and logistics segments. Yap said another logistics park is set to be launched in Calamba in Laguna province beside the company’s existing Filinvest Technology Park. Shares of Filinvest Development Corp. shed 2 centavos or 0.25 percent to P8.10 apiece on Monday.

Source: Manila Times June 22, 2020 18:33 UTC