Tag: real estate

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Construction approvals decline in January—PSA data

Top News Context.ph Context.ph -
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.

DMW gets boost from office rentals; sees rosier prospects in 2025

Corporate Context.ph Context.ph -
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.

Colliers’ sees strong growth for hotels, retail business; office outlook muted

Property Context.ph Context.ph -
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.

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Meralco holds animal welfare event for anniversary

Corporate Bulletins 0
The Manila Electric Company (Meralco) marked its 123rd founding anniversary by hosting an animal welfare event aimed at promoting responsible pet ownership, public health, and safer communities.

Biofuels pushed as buffer vs oil supply risks

Energy & Mining 0
Stakeholders in the local biofuels industry are urging the government to maximize the use of locally produced biofuels to help protect the country from possible fuel supply disruptions caused by the continuing conflict in the Middle East.

DA-FTI assures sufficient P20 rice supply, urges responsible purchasing

Agriculture 0
The Department of Agriculture (DA) and state-owned Food Terminal Inc. (FTI) on Friday urged Filipinos not to abuse the government’s subsidized rice program, warning that unusually large crowds at distribution sites are creating the false impression of a supply shortage.

Salceda sees crude oil above $80/barrel, volatility easing

Energy & Mining 0
Crude oil prices are likely to remain above USD80 per barrel in the coming weeks, but the era of massive pump price surges may already be fading, according to economist and former Albay congressman Joey Salceda.

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