Latest News
May 31, 2022
Ayala eyes hospital, BPO, real estate development in Iloilo
A news from Panay News
-- Ayala Corporation, one of the biggest firms in the Philippines, is eyeing to expand its business interests in this southern city.
May 31, 2022
Developers' interest in "green" buildings is boosted by the pandemic.
A news from Business World -- THE PHILIPPINES saw an increase in the number of buildings certified as “green” during the coronavirus disease 2019 (COVID-19) pandemic.
May 30, 2022
PEZA wants review of investment laws
A news from Philstar Global
-- The Philippine Economic Zone Authority (PEZA) is recommending a review of existing laws affecting investments and institutionalizing the work-from-home (WFH) arrangement under the new administration.
May 30, 2022
Megaworld's PHP 15B asset infusion is being considered by MREIT.
A news from Business World -- MREIT, Inc., the real estate investment trust of Megaworld Corp., said that it is considering the infusion of an additional P15-billion worth of commercial assets from the property developer.
May 28, 2022
VREIT puts IPO price at P1.75 share
A news from Manila Bulletin
-- VistaREIT, Inc., the real estate investment trust of the Villar group, has pegged its initial public offering price at P1.75 per share for a total offering size of P4.8 billion.
May 28, 2022
The need for BPO office towers is expected to increase
A news from Manila Bulletin -- Business process office (BPO)-friendly office towers in the country expect a surge in take-up in the next six months, according to a study.
May 27, 2022
Philippines provides compelling investment opportunities for Asian property buyers
Philstar Global
-- As the global economy climbs out of the COVID-19-induced slowdown, investors are discovering new gems in the Asian property landscape, which has seen tectonic shifts in the aftermath of the pandemic. Foremost among these is the Philippines, site of a landmark project by two leading property developers in the region: Hongkong Land and Robinsons Land Corporation.
May 27, 2022
Megaworld will construct PHP 6.5B upscale village in Cavite
A news from Business World -- PROPERTY developer Megaworld Corp. announced that it is launching its first premium residential village in its Maple Grove township in General Trias, Cavite.
May 26, 2022
Notable Q1 growth sets stage for increasing property projects
Sunstar
-- FOLLOWING the impressive 8.3 percent first-quarter growth that made the Philippines the fastest growing economy in the East Asian region, players in the real estate sector should continue lining up projects in anticipation of improving investor appetite.
May 26, 2022
Alliance Global Group Inc. nets PHP 5.4B in Q1 2022
A news from GMA News Online -- Andrew Tan-led conglomerate Alliance Global Group Inc. (AGI) booked a double-digit growth in its bottom line during the first three months of 2022, helped by the further reopening of the economy.
May 25, 2022
Megaworld shareholders lost P111M after BIR blunder
A news from The Manila Times
-- PUBLIC shareholders of Megaworld Corp. lost more than P100 million in value following the Bureau of Internal Revenue's (BIR) announcement of a supposed closure order against the property developer.
May 25, 2022
The Philippine office market has stabilized
A news from Business World -- AFTER seven consecutive quarters of negative net take-up, the Metro Manila Office Market has finally turned a corner as Colliers recorded a positive net take-up for the first quarter of 2022.
May 24, 2022
Philippines office market occupancy sustains
A news from BusinessWorld
-- AFTER seven consecutive quarters of negative net take-up, the Metro Manila Office Market has finally turned a corner as Colliers recorded a positive net take-up for the first quarter of 2022.
May 24, 2022
BIR and Megaworld face off in a House investigation
A news from Philstar Global -- Congressional lawmakers mounted a special inquiry in the aftermath of the Bureau of Internal Revenue's "closure order" against Megaworld Corp., revealing a communication breakdown that led to last week's fiasco.
May 23, 2022
SM Prime shares among highest gainers
A news from The Manila Times
-- PROPERTY giant SM Prime Holdings Inc. saw higher gains week on week last week and landed a spot among top gainers on Friday.
May 23, 2022
Ayala Land, Inc. rebounds despite dark market sentiment
A news from Business World -- AYALA Land, Inc. (ALI) rose last week as the market tracked the overall index performance.
May 21, 2022
Office opening rate hits new record high in Q1
A news from Philstar Global
-- The overall office vacancy rate in the country posted a new high in the first quarter as fresh office space supply entered the market and as tenants continued to exit, a study by a global property research firm showed.
May 21, 2022
PLDT wants the Makati building removed from the heritage list so that it can be redeveloped.
A news from INQUIRER.NET -- Telecommunications giant PLDT Inc. has filed a petition to remove the “important cultural property” (ICP) label on its headquarters — the Ramon Cojuangco Building (RCB) which was designed by National Artist for Architecture Leandro V. Locsin in 1974 and was completed in 1982.
May 20, 2022
Return-to-office orders could lead to rush of top talents in Philippines
A news from BusinessWorld
-- JOHN GABRIEL GALANG-PILAPIL, 22, finally returned to his office on March 6 after working from home for the past two years amid a coronavirus pandemic.
May 20, 2022
BIR inspects call centers to ensure they are following the return-to-onsite work order
A news from INQUIRER.NET -- The Bureau of Internal Revenue (BIR) has formed a task force that started checking on compliance with the 100-percent return-to-workplace rule among business process outsourcing (BPO) firms who had decided to keep their tax perks.
