Tag: real estate

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Construction approvals decline in January—PSA data

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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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Motorcycle taxi riders seek law for protection

Transport & Logistics 0
Motorcycle taxi riders are welcoming short-term government financial assistance as fuel prices climb, but industry leaders say lasting protection will only come through legislation that secures their livelihoods.

BIR reform push shows early gains, gaps

Economy 0
The Bureau of Internal Revenue (BIR) is beginning to show early results from its five-pillar reform program, Commissioner Charlito Martin Mendoza told members of the European Chamber of Commerce of the Philippines (ECCP) during a high-level dialogue held with Deloitte Philippines at Dusit Thani Manila.

Free parking offered for LRT-2 passengers starting April 27

Transport & Logistics 0
The Department of Transportation (DOTr) announced that free parking will be available for passengers of the LRT-2 at Santolan Station beginning April 27, 2026.

Filipino-Australian soldier proud to Serve in PH during Balikatan 2026

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A Filipino-Australian soldier taking part in Exercise Balikatan 2026 in Palawan shared his pride in returning to the Philippines while serving with the Australian Defence Force.

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