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Manila emerges as world’s second prime housing market

Manila has emerged as the world’s second-fastest growing prime residential market, underscoring the Philippine property sector’s resilience despite geopolitical tensions, elevated inflation and a slowdown in new project launches.

Transport chief orders public consultations on fare hike petitions amid oil price increases

Transportation Secretary Giovanni Lopez has directed the Land Transportation Franchising and Regulatory Board to begin public consultations on pending requests for higher public transport fares, following recent rises in oil prices.

Asia-Pacific dialogue marks decade of locally-led disaster action, marks next steps

Over 100 representatives from governments, civil society, the private sector, regional bodies and development partners gathered in person, while more than 120 others joined online, for the Localization Policy Dialogue: A Decade of Progress, Lessons, and the Way Forward in Asia and the Pacific.

Megaworld channels MREIT share-sale proceeds into township expansion

Property giant Megaworld Corp., the real estate arm of billionaire Andrew Tan, plans to reinvest more than P661 million raised from recent sales of shares in its listed real estate investment trust, MREIT Inc., into expanding key township projects, underscoring its strategy of recycling capital to fund growth.

Araneta City expands renewable energy partnership with First Gen

Araneta City Inc., the developer behind the 35-hectare Araneta City complex in Cubao, Quezon City, has signed new agreements with leading renewable energy producer First Gen Group to power more of its properties with clean energy.

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Havitas moves into wellness real eatate

Boutique developer Havitas Properties Inc. has entered the fast-growing wellness real estate sector, and unveiled the second phase of its Aya Hills resort villa community in Talisay, Batangas, overlooking Taal Lake.

Globe rolls out 5G speed boost  for Naga City

Globe has upgraded its network here to deliver faster 5G speeds and wider coverage for all residents and visitors.

GSIS allocates ₱520 million emergency aid for calamity-hit members and pensioners

The Government Service Insurance System has set aside ₱520.08 million in emergency loans to assist 21,153 eligible active members, old-age pensioners, and disability pensioners affected by separate crises in Bagulin, La Union and the entire Province of Negros Occidental.

DTI launches P1B youth startup loan program

The Department of Trade and Industry (DTI) is setting aside P1 billion to help young Filipinos turn business ideas into viable enterprises through a new financing program that removes one of the biggest barriers facing first-time entrepreneurs, access to capital.
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