Philippine industrial property players remain bullish on expansion, with 84 percent planning to increase their footprint over the next three years despite economic uncertainty, rising construction costs, and high operating expenses.
The Visayas is emerging as the Philippines’ busiest hotel investment market outside Metro Manila, with international brands lining up projects in Cebu, Bohol, Bacolod,...
Metro Manila is heading for a fresh wave of hotel openings through 2029, with foreign brands accounting for nearly half of new supply as developers position for the recovery of Philippine tourism, according to Colliers Philippines.
Cebu’s office market is tightening as outsourcing firms and other occupiers move to secure expansion space earlier, with limited availability in the city’s established business districts pushing some tenants to consider emerging locations.
Metro Manila's office market is showing signs of resilience despite slower leasing activity, with Colliers Philippines saying companies and landlords that move early on lease renewals, embrace flexible workspaces, and invest in sustainability will be best positioned as demand gradually recovers.
The Philippines must do more than sign trade deals—it must help smaller businesses turn them into export sales, Philippine Exporters Confederation Inc. (PhilExport) President Sergio Ortiz-Luis Jr. said.
The Department of Agriculture is urging lawmakers to approve its P198.4-billion proposed 2027 budget, noting farmers and fisherfolk now face rising costs, climate risks, and global economic pressures.
The Department of Energy will proceed with its updated bidding rules for brownfield coal resource areas despite opposition from key industry player Semirara Mining and Power Corp. Energy Secretary Sharon Garin affirmed that the revised terms will apply uniformly to all prospective bidders, as the government seeks to prioritize domestic fuel supply over foreign exports.
The Department of Trade and Industry (DTI) said Wednesday that the proposed plant would have an initial annual production capacity of 200,000 units, serving both domestic and export markets. Construction is targeted to begin in the first quarter of 2027, with completion expected within 12 to 18 months.