Tag: real estate

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Megaworld, JLL forge strategic partnership in real estate

Corporate Context.ph Context.ph -
Megaworld Corp. and global real estate services firm JLL have entered a strategic partnership aimed at elevating real estate standards in the Philippines, and help the listed property arm of billionaire Andrew Tan stay at the forefront of international real estate trends.

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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ECOP urges regions to resist copying NCR wage hike

Economy 0
The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.

Gov’t appeals SC ruling barring mandatory vessel tracking system 

Agriculture 0
The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.

Fuel prices roll back this week as PH supply improves

Energy & Mining 0
The Department of Energy (DOE) confirmed an across-the-board fuel price rollback starting August 3, ending five consecutive weeks of increases.

VinFast expands battery swapping to drive Philippine EV adoption

Transport & Logistics 0
Vietnamese electric vehicle maker VinFast is accelerating its push into the Philippine market by rolling out 21 motorcycle showrooms alongside a nationwide battery-swapping network, betting that convenience, rather than vehicle technology alone, will determine how quickly Filipinos embrace electric two-wheelers.

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