The Laguna Lake Development Authority (LLDA) has expressed support for Prime Infra’s 1,400-megawatt Pakil Pumped Storage Hydroelectric Power Project in Laguna, as the developer advances a facility designed to strengthen grid reliability and support renewable energy integration.
Major property developers are poised to expand Metro Manila’s Philippine Economic Zone Authority (PEZA)-accredited office supply, with about 280,000 square meters of potential additions projected for 2026–2027, according to property consultancy Colliers.
Philippine local governments are failing to translate a substantial share of their capital budgets into infrastructure, limiting the transport links and business activity needed to generate jobs and spread economic growth beyond major urban centers, according to a new World Bank report.
AFC SME Finance Inc. is expanding access to home construction financing, offering loans of up to P5 million to landowners who have regular income but may struggle to meet traditional banks’ documentation requirements.