The Philippines: Metro Manila offices and residential towers, Bonifacio Global City and Makati, and the provincial growth centres.
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
Rising labour costs and recruitment competition in Metro Manila are driving BPO firms to expand into provincial cities in the Visayas and Mindanao, according to real estate consultancy PRIME Philippines. The shift is constrained by limited Grade A office supply and infrastructure gaps in smaller mar
Manila Water Co., Inc. has completed a P5.7-billion submarine transmission system for its East Bay Phase 2 project. The 31.5-kilometer pipeline, consisting of two underwater segments, will carry up to 200 million litres per day of treated water from Laguna to Taguig City.
Food and beverage tenants are expected to account for nearly 50 per cent of Metro Manila retail space absorption from 2026 to 2028, as mall vacancy eases and international brands expand. Colliers Philippines projects vacancy will fall to 10.2 per cent by end-2026 and below 10 per cent in the first h
Philippine headline inflation accelerated to 7.2% in September, its fastest pace since March 2023, driven by food supply disruptions, higher global oil prices and rising transport and utility costs. The rate matched the Bangko Sentral ng Pilipinas' upper estimate and ended four months of deceleratio
The World Bank kept its 2026 GDP growth forecast for the Philippines unchanged at 3.7%, calling the country an 'outlier' in East Asia due to its exposure to high energy prices and limited gains from the global AI boom. Unlike regional peers, the Philippines has not benefited from AI-related investme
Property developers in the Philippines are pivoting toward affordable residential projects outside Metro Manila, where supply-demand conditions are more balanced, according to S&P Global Ratings. The ratings firm noted residential oversupply eased in 2025 but ready-for-occupancy inventory remained h
Megaworld Corp. President and CEO Lourdes T. Gutierrez-Alfonso ranked 87th in Fortune's 100 Most Powerful Women in Asia for 2026, up from 92nd last year. She was the only Philippine real estate executive on the list, which included three other Filipina leaders.
Rising operating costs and tighter foreign labour restrictions in Western economies are prompting more companies to consider shifting jobs to the Philippines, with some international firms looking at operations involving 5,000 to 30,000 positions, according to Leechiu Property Consultants.
GlobalSource Partners has urged the Philippines to ensure it captures high-value parts of the supply chain under the Pax Silica initiative, rather than acting merely as a resource supplier. The warning comes ahead of a planned $10 billion semiconductor and manufacturing hub in New Clark City, Tarlac
Lesstics, a Philippine green technology startup, is producing Earth Board, a formaldehyde-free construction board made from discarded coconut husks. The company works with farmers in Davao and Lanao del Norte and is exploring partnerships in Europe after exhibiting in Berlin.
Puregold Price Club, Inc. marks its 28th anniversary with the Puregold Barangay Panalo programme, bringing community projects and activities to 16 locations across the Philippines from October to November 2026. The initiative, supported by brand partners, includes tangible improvements such as commu
All Philippine provinces are expected to face drought conditions by end-March 2027 due to a strong El Niño, officials announced on Monday. The government outlined a multi-agency response focusing on water conservation, food stockpiles, and partial funding, with over 388,000 people already affected a
Listed construction firm EEI Corp. has appointed Andres P. Tumbokon III as chief transformation officer and promoted three other executives in a restructuring aimed at consolidating its building and engineering operations. The changes took effect on 2 Oct 2026.
Converge ICT Solutions said its submarine cable investments helped reroute traffic after a cable cut between the Philippines and Singapore over the weekend. The company used its Bifrost and SEA-H2X cable systems to stabilise connectivity, resulting in minimal disruption for customers.
Toshiba Corp. plans to expand production capacity in the Philippines for nearline hard disk drives to meet growing data storage demand. The Department of Finance said the expansion is expected to generate 3,000 jobs and strengthen the country's electronics manufacturing ecosystem.
Rising occupancy costs in Metro Manila's prime business districts are driving cost-conscious companies toward alternative hubs such as Ortigas and Quezon City, according to CBRE Philippines. The consultancy also notes growing interest in managed facility arrangements and a shift toward smaller, more
PNB Holdings, backed by billionaire Lucio Tan, plans to build a 280-metre mixed-use tower on an 8,000 sq m parking lot in Makati's central business district. The 54-storey project, estimated to cost at least 12.8 billion pesos (US$205 million), will be the Philippines' second tallest building after
Black & Veatch and Carmen Copper Corp. have received the Innovation Award at the 2026 Enlit Asia Awards for the Carmen Copper Floating Solar Project, a 4.996-MW floating solar facility on the Malubog Reservoir in Cebu, Philippines. The project is the country's first megawatt-scale floating PV instal
Megawide Construction Corp. is awaiting further action from the Government Service Insurance System on its unsolicited P3.5-billion proposal to develop and operate an integrated transport terminal in Quezon City. The PPP Center has endorsed the proposal, and GSIS issued a notice to commence negotiat
PNB Holdings Corp. ended its first week on the Philippine Stock Exchange unchanged at P1.20, with 1.07 billion shares worth P1.27 billion traded. Selling by recipients of a property dividend from parent Philippine National Bank was largely absorbed by value buyers, keeping the stock flat while the b
Landco Lifestyle Ventures has launched the Philippine Lifestyle Visa, a programme that combines a pathway to permanent residency through the Philippine Retirement Authority with exclusive access to its beachfront resort communities. The launch follows the Philippines being named the world's No. 1 re
PNB Holdings Corp. has signed a lease agreement with creative agency RNDMD for office space at PNB Makati Center on Ayala Avenue. The 35,000 sq.m. property is currently 86 per cent leased as the company continues to build occupancy and enhance amenities.
Filinvest Land's Filinvest Innovation Parks in New Clark City and Ciudad de Calamba have become the first industrial properties in the Philippines to receive an A+ rating under the International Finance Corporation's Building Resilience Index. The verified rating covers Ready-Built Factories at both
Megawide Construction Corp., through its subsidiary Megawide Dreamrise Residences, Inc., has topped off two towers at Jab Residences in Dasmariñas, Cavite, under the government’s Expanded 4PH Program. The developer pledged monthly amortisations starting at ₱2,500 and free shuttle services for two ye
The Philippine Stock Exchange is set for a busy period with three initial public offerings, including Mynt Inc., the fintech behind GCash, which could become the bourse's largest-ever listing. Analysts caution that success depends on post-listing performance and whether the IPOs attract fresh capita
MERALCO PowerGen Corp. (MGEN) and VITRO REIT, Inc. have signed an MoU to jointly study data centre developments integrated with renewable energy and power generation. MGEN will identify potential sites and power arrangements, while VITRO will lead design and hyperscaler engagement.
The Alliance of Concerned Teachers (ACT) Philippines has called for a broader investigation into 'ghost' school projects nationwide, following Commission on Audit findings that 66% of classrooms funded under the Basic Education Facilities Fund were not built. The group also flagged unverified vouche
Property owners in the Philippines can use existing real estate as collateral for the BDO Multipurpose Loan to fund business expansion, investment or working capital needs. The loan offers a Term Loan or Ready Check credit line, with borrowers retaining ownership of their property.
Developers are deferring new project launches as weaker economic growth, higher borrowing costs and geopolitical uncertainty weigh on the market, Colliers Philippines said. Residential and office take-up slowed in the first half, while the economy expanded just 2.3% in the second quarter.
A Brown Co., Inc. (ABCI) is investing about P75 million to acquire an approximately 20% stake in Simple Brown Builders, Inc. (SBBI), a newly formed real estate company. The investment adds to A Brown's existing property business, which includes residential developments in Northern Mindanao, Caraga,
Metro Retail Stores Group plans to develop a three-story retail complex in Ormoc City, Leyte, with groundbreaking targeted for late 2026. The project will house a Metro Supermarket, department store and commercial spaces, creating jobs and supporting local vendors.
Filinvest Land and Pag-IBIG Fund have signed a memorandum of understanding to make homeownership more accessible, offering qualified buyers preferential financing rates, discounts, and other incentives on select developments. The partnership supports the government's Expanded 4PH Program.
Marstek Infinity solar panels, featuring N-Type bifacial double-glass technology with up to 720W output and 23.2% efficiency, are being installed across thousands of homes in Luzon, Visayas and Mindanao. The panels carry a 30-year linear power warranty and a 15-year product warranty, backed by Fortu
Fitch Solutions unit BMI says the Philippines must use its subsea connectivity and secure power supply to compete for hyperscale data centre deployments as neighbouring markets near saturation. The country has 43 MW under construction and 221 MW planned, with a target of 1.5 GW of capacity by 2028.
Ayala Corp. has launched Alagang Ayala, a social infrastructure platform that brings together its healthcare, education, community development and sustainability businesses. The initiative aims to support human capital development while strengthening the group's presence in sectors with sustained de
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