The Philippine Statistics Authority (PSA) has reported a 15 percent year-on-year decline in the number of construction permits approved in January to 12,526, a greater decrease from the 5 percent posted in December and an indication of a glut in supply.
D.M. Wenceslao and Associates Inc., a listed real estate developer, said core net income last year rose 10 percent to P1.8 billion, building on its strong leasing momentum.
Real estate consultancy firm Colliers is cautiously optimistic in the growth for office space and residential condominium but is sanguine for the hotel and retail sectors, especially with the expected strong growth in global travel.
The Department of Environment and Natural Resources (DENR) is investigating a trash landslide at a sanitary landfill in Barangay San Isidro, Rodriguez, Rizal.
Clark Development Corp. (CDC) generated P6.83 billion in revenues and P3.81 billion in net income in 2025, underscoring the sustained growth of the Clark Freeport as one of the country’s premier economic hubs.
Proposals to launch electric vehicle (EV) manufacturing under the government’s Electric Vehicle Industrial Strategy (EVIS) must be examined more closely to ensure scale, sustainability, and industry alignment, according to Alfred Ty, chairman of Toyota Motor Philippines Corp..
Lopez-led First Gen Corp. has won a Gold Anvil award from the Public Relations Society of the Philippines(PRSP) for its corporate social responsibility (CSR) program that supports the Mamanwa indigenous community in Mindanao.