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Tuesday, 04 November 2025, 1:03 am

    Property

    Office demand rises in Metro Manila, yet vacancies stay high

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    Office leasing activity in Metro Manila improved sharply in the first half of 2025, but continued to face persistent space give-backs from business process outsourcing (BPO) firms and corporate occupiers, according to property consultancy JLL Philippines.

    Phinma pumps P300M more Into Bacolod flagship township

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    Phinma Corp. has invested an additional P300 million into its property arm, Phinma Property Holdings Corp., to support the continued development of Saludad, a P12-billion flagship township project in Bacolod City. The 21-hectare project is being developed in partnership with JEPP Real Estate Co.

    RLC to build Asia’s first pro pickleball hub in Pasig

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    Robinsons Land Corp. (RLC), the Gokongwei-led property giant, is investing up to ₱1 billion to develop Asia’s first tournament-grade pickleball facility — a landmark project set to elevate the regional sports infrastructure landscape.

    P9.2-B premium project launches at Cebu IT Park

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    Cebu Landmasters, Inc. (CLI), in partnership with Japan’s NTT Urban Development Asia, has launched The Wave Towers, a P9.2-billion premium residential development in Cebu IT Park, marking a major milestone in the city’s high-end urban living segment.

    Megaworld expands Chinatown mall with new wing

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    Megaworld Corp. is pushing forward with its commercial expansion strategy through the Imperial Wing of Lucky Chinatown in Binondo, Manila—an important addition that reinforces the developer’s role in revitalizing one of the capital’s historic business districts.
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Corporate

    SMPC net income falls 37% despite record coal and power output

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    Semirara Mining and Power Corp. (SMPC) reported a 37 percent drop in net income to P9.9 billion for the first nine months of 2025, down from P15.7 billion in the same period last year, citing lower coal and electricity prices despite record-high production and sales.
    Energy

    DOE moves to modernize small-scale coal mining

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    The Department of Energy (DOE) is updating the country's small-scale coal \mining (SSCM) program, aiming to make it more structured, transparent, and environmentally responsible. The agency said the draft framework introduces clearer rules on health and safety, labor protection, environmental safeguards, and operational accountability.
    Corporate Bulletins

    Meralco upgrades Laguna Substation to boost power reliability

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    The Manila Electric Co. (Meralco) has completed upgrades to its Calamba 230 kV-115 kV substation to improve electricity reliability for parts of Laguna and Batangas.
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