Overseas Filipino workers continue to provide a crucial source of demand for the Philippine housing market, with homeownership aspirations proving resilient despite economic uncertainties abroad, according to listed developer Empire East Land Holdings Inc.
President Ferdinand R. Marcos Jr. has expanded the West Cebu Industrial Park–Special Economic Zone (WCIP-SEZ) by 64.7 hectares, a move expected to strengthen Cebu's position as a major industrial hub and support thousands of new jobs in the Visayas.
Transport Secretary Giovanni Lopez has ordered the Civil Aviation Authority of the Philippines (CAAP) to lift its suspension of operations at General Santos Airport — but only for military, government, and humanitarian flights.
The Department of Information and Communications Technology (DICT) aims to draw $30 billion in investments over seven years through its Philippines AI+ Infrastructure Masterplan (PAIIM 2033). Secretary Henry Rhoel Aguda said approval from the Economic Development Committee is targeted by July, with final institutionalization via an Executive Order afterward.
The Philippine Economic Zone Authority (PEZA) is within reach of its P300-billion investment target for 2026, with approvals hitting about P297 billion by end-September and three months left in the year.
KABAN Boracay is expanding its food and beverage portfolio ahead of its grand opening this month, bringing Korean restaurant Chung Dam and Japanese dining brand Umi Matsu to its Station 0 complex.
Philippine mall developers are easing off rapid expansion and putting more capital into redevelopments, upgrades and premium lifestyle concepts as changing consumer preferences reshape the retail landscape.