Manila has emerged as the world’s second-fastest growing prime residential market, underscoring the Philippine property sector’s resilience despite geopolitical tensions, elevated inflation and a slowdown in new project launches.
Transportation Secretary Giovanni Lopez has directed the Land Transportation Franchising and Regulatory Board to begin public consultations on pending requests for higher public transport fares, following recent rises in oil prices.
Over 100 representatives from governments, civil society, the private sector, regional bodies and development partners gathered in person, while more than 120 others joined online, for the Localization Policy Dialogue: A Decade of Progress, Lessons, and the Way Forward in Asia and the Pacific.