The Bangko Sentral ng Pilipinas (BSP) said residential housing units of various types continued to increase in the April to June quarter.
Residential property prices rose 2.7 percent year-on-year, slower than the 6.1 percent growth in Q1 2024. On a quarter-on-quarter (QoQ) basis, housing prices accelerated to 1.8 percent versus only 1.1 percent growth in Q1 2024.
GoTyme Bank, the Philippines’ fastest-growing bank with over 4 million users, is also the bank of choice among young achievers—and Formula car driver Bianca Bustamante among them.
Renewable energy firm Berde Renewables is solidifying its commitment to widen sustainable energy solutions in the Philippines with its partnership with Northern Luzon retail giant Magic Group of Companies. The collaboration marks a step toward advancing renewable energy adoption in the region, beginning with the installation of a 729-kilowatt peak (kWp) solar power system at Magic Mall San Carlos.
Boutique airline operator Sunlight begins daily flights from Manila to Coron in Busuanga in late,October, bringing more Filipinos and tourists to the beautiful beaches of Busuanga.
The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.
The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.
The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.