The Philippine office market is poised for gradual recovery in 2026, following a stronger-than-expected performance in 2025, according to Colliers Philippines.
The Metro Manila office market has found its stride again, with net demand in the first nine months of 2025 already surpassing full-year forecasts—driven by strong leasing activity, fewer space surrenders, and a revived appetite for flexible work arrangements, according to property consultancy Colliers.
Colliers reported sustained improvement in Metro Manila’s residential market in the third quarter, the second consecutive quarter of rising pre-selling condominium net take-up. The property consultancy firm said this uptrend indicates that demand is holding firm, supported by attractive ready-for-occupancy (RFO) promotions and discounts offered by developers.
Metro Manila’s office market remains active but is undergoing a strategic recalibration as business process outsourcing (BPO) firms expand into cost-efficient provincial hubs, according to real estate consultancy Colliers.
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.