Tag: Philippines GDP

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Cebu office demand tightens as firms plan expansions early

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.

Ayala launches ACX Retail for global brands 

Ayala Corp. is sharpening its push into Philippine retail with the launch of ACX Retail, a new platform designed to bring international consumer brands into the country and build them into long-term businesses.

Jollibee wins 11 Marketing Excellence Awards

Jollibee strengthened its standing as one of the Philippines’ leading consumer brands after winning 11 awards at the 2026 Marketing Excellence Awards, led by a Gold award for Marketing Team of the Year.

Gov’t pushes to strip systems loss charges from power bills, balancing consumer relief and utility risks 

Energy policy craftsmen are actively working to fulfill President Ferdinand Marcos Jr.’s directive to eliminate system loss charges from monthly electricity bills, pursuing a sustained policy push aimed at lowering energy costs across the country. The initiative targets both technical losses inherent in power distribution and non-technical losses caused by electricity theft, alongside the value-added tax (VAT) currently applied to these unconsumed kilowatt-hours.

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