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Colliers expects Philippine REITs to expand, diversify portfolios

Colliers, an international diversified professional services and investment management group, expects greater portfolio expansion and diversification to drive the growth and investor interest in the Philippine real estate investment trust, or REIT, sector.

DOE all set for greater investor participation in green energy

The Department of Energy (DOE) is sanguine that geography and reputation will help drive investments in the energy sector, more so now when the Philippines ranked high in the BloombergNEF Climate 2023 report as among the most attractive emerging markets for investments in the power sector.

Farm group seeks RCEF benefits extension, repurposed NFA

The Philippine Chamber of Agriculture and Food Inc. (PCAFI) urges government to amend the Rice Tariffication Law (RTL) and extend the life of the Rice Competitiveness Enhancement Fund (RCEF) past the five years dictated by legislation.

Megaworld, Suntrust to spend P7 billion for a Puerto Princesa project

Property developer Megaworld Corp. and its unit Suntrust Properties, Inc., will develop for P7 billion, a six-hectare property in Puerto Princesa in Palawan into what it calls a lifestyle estate.

China’s respiratory illness rise due to known pathogens – official

China's surge in respiratory illness is caused by known pathogens and there is no sign of new infectious diseases, a health official said on Saturday as the country faces its first full winter since lifting strict COVID-19 restrictions.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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