Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is cementing its dominance in Western Visayas, capturing a commanding 48 percent share of Iloilo’s office market as demand continues to shift toward integrated township developments outside Metro Manila.
Metro Manila’s residential condominium market is beginning to show signs of recovery, largely fueled by sustained demand for affordable housing—even as vacancy rates remain elevated, according to Colliers Philippines.
The supply of Philippine Economic Zone Authority (PEZA)-accredited office space in Metro Manila is tightening, particularly in major central business districts, raising concerns over limited expansion options for key occupiers.
Metro Manila’s property market is turning cautious, with office leasing decisions slowing and condominium developers dialing back new launches as vacancies climb, according to Colliers Philippines.
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.