The government is considering a higher tax incentive ceiling for socialized and economic housing, a move seen as a bid to keep affordable homebuilding viable as construction costs continue to climb.
The Department of Human Settlements and Urban Development (DHSUD) is starting 2026 with a clear message to developers: if your papers are complete, expect faster approvals.
Data from the Department of Human Settlements and Urban Development show the national housing backlog reached 10.65 million units in 2024, highlighting decades of unmet demand that continue to weigh on affordability and urban planning.
The Department of Human Settlements and Urban Development (DHSUD) said at least 10 additional rental housing projects are set to be launched in the first quarter of 2026, reinforcing rental housing as a core modality under the Expanded Pambansang Pabahay Para sa Pilipino (4PH) Program, according to the agency’s yearend report.
The Department of Human Settlements and Urban Development is weighing a joint policy study with the Department of Trade and Industry’s Board of Investments to determine whether economic housing can be classified as corporate income tax-exempt mass housing under Batas Pambansa Bilang 220.
Filipinos can continue traveling to Taiwan without a visa for another year after Taipei extended its visa-free entry program until July 31, 2027, reinforcing efforts to boost tourism, business travel and people-to-people ties with the Philippines.
Chinabank has been awarded the Philippines Domestic Cash Management Bank of the Year at the 2026 Asian Banking & Finance Wholesale Banking Awards, in recognition of its digital transformation and leading corporate banking services.
Century Properties Group Inc. (CPG) is standing by its commitment to reward shareholders, declaring a P554.89-million cash dividend for 2026 while maintaining the higher 20 percent payout policy it adopted last year despite an uncertain business environment.
Tanduay has further cemented its position among the world’s top premium rum producers, earning Gold Medals for two of its products at the 2026 Bartender Spirits Awards held in Chicago, USA last June 10.