The Philippines' housing pipeline is showing signs of strain, not because buyers have disappeared, but because fewer projects are making it through the regulatory process.
At least five major office developments, including projects of Ayala Land Inc. and companies under the Yuchengco Group, are set to move closer to securing PEZA incentives after the government lifted the seven-year moratorium on new Information Technology (IT) Parks and IT Centers in Metro Manila.
Iloilo is no longer merely an alternative to Metro Manila and Cebu. It is increasingly becoming a destination in its own right for businesses seeking growth, talent, and room to expand, according to a new Colliers Philippines market report.
The planned lifting of the moratorium on new Philippine Economic Zone Authority (PEZA) information technology parks and centers is poised to unlock about 480,000 square meters of office space, giving business process outsourcing (BPO) firms a much larger pool of PEZA-accredited workplaces as expansion demand gathers pace.
FAST Logistics Group is installing rooftop solar at its Cebu cold-chain hub to reduce reliance on grid power, where round-the-clock refrigeration makes electricity a significant operating cost.
The U.S. Trade and Development Agency (USTDA) is two Philippine infrastructure projects that could expand ship repair capacity in Subic Bay and bring AI-enhanced public Wi-Fi to thousands of sites nationwide.
As online scams grow more sophisticated, including fraud schemes powered by artificial intelligence, Scam Watch Pilipinas is bringing a regional scam-prevention program to Filipino communities through a new partnership with the ASEAN Foundation.
Maharlika Investment Corp. (MIC) has deployed about P25.4 billion since it began investing, with its acquisition of listed port operator Asian Terminals Inc. (ATI) forming the foundation of a broader port and logistics platform for the Philippines.