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.
The supply of warehouses in Metro Manila is coming under increasing pressure as soaring land values drive the conversion of industrial properties into higher-yield residential and commercial developments, according to property consultancy Colliers.
The Philippine retail sector continues to expand, but growth is easing as weaker consumer spending and global uncertainties slow mall recovery and reshape expansion plans.
The Anti-Red Tape Authority (ARTA) is reviewing environmental regulations and higher permit fees flagged by poultry, livestock, and mining groups over concerns that the measures could increase business costs and compliance burdens.
Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.
Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.