The Philippines’ statistical system has been ranked second most robust in Southeast Asia, behind Singapore, in the recently released 2022 statistical performance indicators of the World Bank, a framework that assesses the maturity of national statistical systems.
Citicore Energy REIT Corp., the country’s first and largest renewable energy real estate investment trust, said Tuesday net income last year rose 12 percent...
Clean energy provider First Gen Corporation has identified several areas around its hydroelectric power plant complex in Pantabangan, Nueva Ecija, which the Lopez-led power company considers potential sites for developing solar and wind farms, as well as a battery energy storage system (BESS).
Filinvest Land unit leases 14-story Buendia tower to DTI
Corporate
Filinvest Cyberparks Inc., the office business arm of listed property unit Filinvest Land Inc., said Tuesday it leased a grade-A building in Buendia to the Department of Trade and Industry.
DTI leased Filinvest Cyberparks’ 10,688.4-square-meter, 14-story building as part of its plan to consolidate its various operating units, aiming to improve efficiency and convenience for its employees and the public.
"Filinvest Land is committed to providing top-tier facilities and services that empower organizations to thrive. Through this partnership, we aim to support DTI in its mission to deliver exceptional public service and to contribute to the advancement of our nation’s economic landscape. We are grateful for their trust and confidence in our company," said Filinvest Land president and chief executive officer Tristan Las Marias.
The building will have five passenger elevators ensuring seamless movement, a Variable Refrigerant Flow air conditioning system for energy efficiency, and robust emergency power supply. Enhanced security measures, including turnstiles and a Visitor Management System, will be installed to ensure a safe environment. An al fresco space on Jupiter Street provides an outdoor ambiance amid the urban landscape.
"Filinvest Buendia provides an optimal environment for our operations, enabling us to enhance our services and better serve the Filipino people," said DTI Assistant Secretary and Supervising Head of the Management Services Group, Atty. Agaton Uvero.
DTI's functional groups, including the Office of the Secretary, Competitiveness and Innovation Group, Consumer Protection Group, and the Communications Office, are the ones set to relocate to Filinvest Buendia.
Financial details of the lease agreement weren’t disclosed.
The Government Service Insurance System (GSIS) president and general Manager Wick Veloso recently awarded land titles to five beneficiaries from various GSIS housing programs in Rizal under its Pabahay sa Bagong Bayaning Manggagawa (PBBM) program. The pension fund also awarded government agencies who supported its mandate of securing the future of government employees during a meeting with GSIS stakeholders in Antipolo.
The peso’s slide beyond P63 against the US dollar is threatening to drive up Philippine manufacturing costs and fuel inflation, raising concerns as businesses brace for stronger Christmas-season demand.
Jollibee Philippines emerged as Advertiser of the Year at the SMARTIES Philippines 2026 Awards, taking home 10 honors for campaigns that combine artificial intelligence (AI), data analytics and creativity to drive consumer engagement and business impact.
The Department of Trade and Industry (DTI) has urged consumers to avoid panic-buying and hoarding, assuring the public that supplies of basic goods remain adequate and prices stable ahead of Christmas and the anticipated Super El Niño.
The Department of Environment and Natural Resources-Environmental Management Bureau (EMB) has scheduled a public scoping hearing on November 9, 2026, for DMCI Power Corporation’s proposed 15-megawatt coal-biomass power plant in Narra, Palawan, valued at P3 billion.