The Philippines: Metro Manila offices and residential towers, Bonifacio Global City and Makati, and the provincial growth centres.
Toyota Motor Philippines Corp. (TMP) expects export sales to reach $1.06 billion this year, slightly below the $1.09 billion recorded in 2025, as global trade uncertainties and weaker demand weigh on the automotive industry. “Amid softer demand and global trade uncertainties, the group continues its manufacturing and export operations in the Philippines, while seeking measures that enhance the competitiveness of local manufacturers and suppliers,” TMP said in a statement on Thursday. The company renewed its call for stronger government support for local vehicle manufacturing, saying this would help sustain production and exports.
The Philippines is one of the most mature flexible office markets in Asia-Pacific, alongside India, Singapore and Malaysia, according to property consultancy Cushman & Wakefield. Demand for turnkey workspaces is rising as companies seek ready-to-use space amid economic uncertainty and higher fit-out
SM Prime Holdings is moving ahead with the first phase of redeveloping Susana Heights Village in Muntinlupa City. The residential estate offers lots from 500 sq m to 900 sq m, with plans for new commercial plazas and upgraded community facilities.
Architects Royal Pineda and Jorge Yulo are calling for a more purposeful approach to building design in the Philippines, emphasising climate-responsive architecture and cultural identity over short-term commercial interests. They argue that sustainability begins with fundamental planning decisions,
The 2nd ASEAN Women Economic Summit will be held on 10 Nov 2026 at Okada Manila, Philippines, under the theme “Weaving the ASEAN Future: Women Driving Innovation, Integration, and Inclusion.” The event includes a trade expo, business-matching activities, and the BABAE Awards dinner.
ESET has added an AI Security module to its ESET PROTECT Platform, introducing AI Agent Security and AI Behavioral Monitoring features. The company is also investing an additional €40 million in AI in 2026, with Parvinder Walia, President of the APAC Region, highlighting the need for security that e
The number of approved building permits in the Philippines fell to 10,968 in August, the lowest in over six years, as high borrowing costs, economic slowdown and weather disruptions weighed on construction. Residential permits plunged 40.7% year on year, while nonresidential permits fell 6.2%, accor
Property analysts in the Philippines say developers must incorporate fiber-ready telecommunications infrastructure during the design stage to avoid high vacancies. Without it, buildings risk losing tenants and buyers in a market with nearly 20% office vacancy and over 30,000 unsold condos in Metro M
Federal Land has signed a Memorandum of Understanding with the Department of Human Settlements and Urban Development and the Pag-IBIG Fund to offer financing through the Expanded Pambansang Pabahay para sa Pilipino Program. Qualified Pag-IBIG members will gain access to loans for select Federal Land
Prime Oil & Gas, Inc. has offered to acquire the 30% participating interest held by Monte Oro Resources & Energy, Inc., a subsidiary of Apex Mining Co., Inc., in Service Contract 72 (SC72) covering the Sampaguita Gas Field in the West Philippine Sea. The proposed intra-group transaction, subject to
DMCI Homes has partnered with Bank of the Philippine Islands to use BPI's Overseas Collection Arrangement solution, enabling US-based customers to pay property amortisations directly from their US bank accounts. The service aims to speed up settlements, streamline reconciliation, and improve the pay
The Union Insulated Panel Corporation (UIPC) has urged food industry players to adopt insulated and solar-powered facilities to reduce losses and protect food supplies amid the Super El Niño. The company inaugurated a 2.6-hectare plant in Porac, Pampanga on Tuesday, with an annual capacity of one mi
The Home Development Mutual Fund (Pag-IBIG Fund) aims to disburse P167 billion in housing loans by yearend, supported by partnerships with developers under the expanded Pambansang Pabahay Para sa Pilipino (4PH) program. The fund is expanding eligible property types to include high-end developments f
The Commission on Audit flagged the Department of Environment and Natural Resources over P1.93 billion in unliquidated fund transfers, P521.26 million in uncollected revenues and a P5.61 million buyout of reforestation projects in 2025. State auditors said 79.22% of P2.43 billion transferred to impl
The Philippine Amusement and Gaming Corp. (PAGCOR) plans to launch a mobile application by December that lets users verify which online gambling platforms are licensed, as part of a broader crackdown on illegal operators. The agency has approved a five-year partnership with the Development Bank of t
Cebu’s office occupancy fell to 81.1% in Q3 2026 as new supply hit the market, while Davao maintained 93.2% occupancy amid tight supply. PRIME Philippines reports that Davao faces a potential 145,000 sq.m. of new office space from 2027 to 2029, more than doubling its inventory.
SM Development Corp. (SMDC) held its Pag-IBIG Fund Home Ownership Weekend in Iloilo and Bacolod from Oct 16 to 18, extending the partnership signed in Manila on Sept 8. The events included a walkthrough at Glade Residences and a handover ceremony at Molo Mansion.
Cebuana Lhuillier has launched Money Guro Loans, a financing platform offering loans from P5,000 to P20,000 to micro, small and medium enterprises. The programme provides four loan options tailored to different business types, with disbursement and repayment handled through Cebuana Lhuillier branche
Philippine hydropower developers are asking the Department of Energy to accelerate project construction during the coming El Niño, arguing that low water levels make building easier even as they hurt generation. The PhilHydro Association also backs the seventh round of the Green Energy Auction and u
Yields on Philippine government securities climbed an average of 7.82 basis points week on week as peso weakness, elevated inflation and expectations of another Bangko Sentral ng Pilipinas rate hike dampened market appetite. Volume traded fell to P19.94 billion from P27.98 billion the prior week.
Pag-IBIG Fund has partnered with DMCI Homes to expand condominium options for members under the Expanded 4PH Program. The agreement, signed on Oct 16, will see up to 3,990 units offered at preferential prices with affordable financing.
The Philippines is widening its Pambansang Pabahay Para sa Pilipino Program (4PH) to tackle a 3.7-million-unit housing backlog, adding rental housing, subsidised loans and partnerships with private developers. Pag-IBIG Fund is offering preferential interest rates of 3 per cent for low-income borrowe
Robinsons Land Corp. signed a memorandum of agreement with the Bacolod City Government on Oct. 8 to support Creative Bacolod, the city's tourism and cultural platform. The deal marks the first rollout of the developer's
NLEX Corp. has reached 96 per cent completion on Segment 8.2 of the NLEX-C5 Northlink project, a two-kilometre elevated expressway section connecting Mindanao Avenue to C5/C.P. Garcia. The project aims to ease congestion along Quirino Highway and Mindanao Avenue, benefiting about 11,000 vehicles dai
Port expansions and road projects in the Visayas and Mindanao could improve industrial property investment prospects as connectivity becomes key in site selection, Savills Philippines said. The consultancy cited projects in Cebu, Iloilo, Davao and Cagayan de Oro that could unlock land values near tr
The Department of Human Settlements and Urban Development and Pag-IBIG Fund will showcase 50,000 housing units from more than 80 developers at the 2nd National Housing Expo on Oct. 19–20 in Pasay City. The event supports the Expanded 4PH Program, featuring subsidized loan rates and discounts on acqu
Philippine condominium developers are offering extended payment periods and financing incentives rather than cutting prices, as high mortgage rates and a record 82,900 unsold units in Metro Manila weigh on the residential market. Property consultants say developers fear that outright price cuts woul
The Philippine Chamber of Commerce and Industry (PCCI) has urged the government to prioritise reforms in economic corridors, energy security, agriculture and tax administration to enhance national competitiveness. The call came in resolutions presented at the 52nd Philippine Business Conference and
The Philippine Commission on Audit flagged nearly P40 billion in unrealised investment losses at the Social Security System, along with P490.21 million in pension overpayments to deceased beneficiaries. The 2025 audit report also highlighted underused properties, weak risk management, and 44 unimple
The Philippine Department of Social Welfare and Development will roll out portable water filtration kits and establish community water depots starting next week, targeting areas under a state of calamity due to El Niño. The free gravity-powered kits attach to household buckets and require no electri
Finance Secretary Frederick D. Go has called on ASEAN and the World Bank Group to collaborate on packaging bankable infrastructure, AI and clean energy projects into investable opportunities. He spoke at the ASEAN Finance Ministers–World Bank Group Dialogue in Bangkok, where private capital mobilisa
Maya Philippines is in talks with the Bangko Sentral ng Pilipinas to launch a Personal Equity Retirement Account product and is currently testing it on its platform. The company is also seeking a partner for PERA onboarding, aligning with the central bank's push to promote the voluntary retirement s
Saudi Aramco's headquarters in Dhahran was attacked on Tuesday night, causing a limited fire in an administrative building, with no injuries or deaths reported. The Houthis claimed the strike, part of an intensified campaign against Saudi targets amid the reignited Yemen war.
The House of Representatives has approved on third and final reading a bill renewing Cebu Pacific's legislative franchise for another 50 years. House Bill No. 11536 passed with 289 affirmative votes, none against, and two abstentions. The measure now moves to the Senate for further consideration.
Cebu Landmasters Inc. reported nearly 70% take-up of residential units at its Casa Mira Prime Ormoc project in Leyte within two weeks of its Sept. 25 launch. The listed developer did not disclose unit counts or sales values. The project is part of a second-half pipeline of 11 projects worth an estim
BUENAVITA Integrated Farm in Mabitac, Laguna, has transformed a neglected eight-hectare family property into a camping destination and food business, with plans to expand into export markets within three years. The farm offers camping, team-building and farm tours, while its food arm produces bottle
DMCI Homes has topped off five buildings at its Solmera Beach Park Resort in San Juan, Batangas, ahead of a February 2027 opening. The resort will offer studio, one-bedroom and two-bedroom units priced from P6.75 million to P20.41 million, alongside MICE facilities and a rental programme managed by
The Bureau of Internal Revenue plans to launch an online value-added tax refund application system by 2027, later than the 2026 target in its previous strategic plan. The system will accept supporting documents and let applicants track claim status.
Pag-IBIG Fund and the Bases Conversion and Development Authority (BCDA) have signed a memorandum of agreement to develop affordable housing on government land, initially targeting about 14 hectares at New Clark City in Tarlac. The partnership aims to bring homes closer to workplaces under President
Economists warn that renewed price shocks and a severe El Niño could de-anchor inflation expectations in the Philippines, keeping the central bank on a tightening path. Bangko Sentral ng Pilipinas Governor Eli Remolona flagged the El Niño as a top concern, while September inflation hit 7.2%, a three
Megawide Construction Corp. is betting on affordable and socialized housing under the Philippine government's Pambansang Pabahay para sa Pilipino Program (4PH) to drive its next growth phase. Chairman Edgar B. Saavedra said the company targets delivering 5,000 to 7,000 units in the coming year, scal
Three proposed sustainable aviation fuel projects in the Philippines are still looking for equity partners, according to the Board of Investments. The developers, using different technologies and feedstocks, hope to have the projects operational by 2030.
Ayala Land Inc. expects improved connectivity to its 46-hectare Vertis North estate in Quezon City from the Unified Grand Central Station, MRT-7 and Metro Manila Subway projects. The estate offers office, residential, retail, hospitality and entertainment developments, including the 42-storey Vertis
The Bureau of the Treasury raised P167.25 billion in new money from its latest retail Treasury bond sale, exceeding its P150 billion target. The strong demand gives the government more flexibility in its borrowing programme amid volatile markets.
LG Philippines is positioning itself to tap into the growing HVAC market for local data centres, driven by AI expansion and rising data storage needs. The firm has opened an HVAC Academy and Business Innovation Center in Pasig to support this push.
The Philippines has signed a €212.7 million (P14.9 billion) loan with the World Bank to finance water supply and sanitation projects in Bohol, Siargao and Jolo. The agreement, signed by Finance Secretary Frederick D. Go and World Bank Division Director Zafer Mustafaoğlu, supports the first phase of
S&P Global Ratings expects a meaningful recovery in the Philippine residential property market only from late 2027, with elevated condominium inventories of about 80,000 units, high inflation and borrowing costs weighing on demand. Pre-sales among four major developers fell 7% year on year in the fi
Cebu Landmasters Inc. enters its 23rd year under new president Jose Franco B. Soberano, with a diversified portfolio spanning townships, hotels, malls and offices across Visayas and Mindanao. The developer is now preparing to enter Luzon through projects in Pasig City and a 70-hectare township in Da
Analysts expect the Bangko Sentral ng Pilipinas to deliver a fourth consecutive 25-basis-point rate hike this month, bringing the key policy rate to 5.25%. September inflation surged to a three-and-a-half-year high of 7.2%, driven by fuel, food and housing costs, keeping price pressures above the ce
Manila Electric Co. chairman Manuel V. Pangilinan has signed an agreement to acquire 3.77 million Meralco shares worth P2.189 billion from San Miguel Global Power Holdings Corp. at P580.99 per share, raising his stake to about 0.34%. The deal follows a separate P12.4 billion block sale of 21.4 milli
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