The Philippines: Metro Manila offices and residential towers, Bonifacio Global City and Makati, and the provincial growth centres.
The Bases Conversion and Development Authority has granted original proponent status to a consortium of Maynilad Water Services and Korea Water Resources Corp. for a P14.8-billion water and wastewater project in New Clark City, Tarlac. The project is expected to support upcoming residential, commerc
Philippine Agriculture Secretary Francisco P. Tiu Laurel, Jr. has proposed geofencing around 3 million hectares of agricultural land, particularly rice-growing areas, to prevent them from being converted into solar farms. The Department of Agriculture will digitally map priority agricultural zones a
The Philippine government expects 46 economic zones proclaimed under the Marcos administration to attract P141.2 billion in investments and create nearly 189,000 jobs, Executive Secretary Ralph G. Recto announced. Four new proclamations expanding zones in Cavite, Batangas and Negros Oriental are pro
The Philippine Overseas Construction Board and the Department of Migrant Workers have signed a memorandum of agreement to help upskill Filipino construction workers deployed overseas. The partnership will explore programs tied to projects won by POCB-registered contractors, aiming to boost global co
Analysts say waste-to-energy (WTE) projects alone will not fix the Philippines' waste management issues, as they do not reduce waste at the source and could undermine recycling efforts. They caution that WTE may worsen flooding by incentivising plastic production and call for better collection, segr
Damosa Land, Inc. took home multiple honours at the 14th PropertyGuru Philippines Property Awards 2026 on 20 Aug, including Best Boutique Developer for the third time since 2020. Its TRYP by Wyndham Samal condotel, the first project approved under the SEC-RENT framework, won Best Investment Condo De
Aboitiz Economic Estates and Aboitiz Land won six awards at the 2026 PropertyGuru Philippines Property Awards, including Best Developer (Luzon) and Best Industrial Developer for the sixth consecutive year. The wins recognise the group's jobs-first, industry-anchored approach to building integrated e
Cebu Landmasters Inc took home nine awards at the 14th PropertyGuru Philippines Property Awards on 20 Aug, including Best Developer in the Philippines. The company also won Best Housing Developer, Best Developer (Visayas) and Best Developer (Mindanao) for the sixth consecutive year.
Ayala Land Inc. plans to launch its first residential project in its Cresendo estate in Tarlac, along with new phases in Nuvali, Laguna and Lipa, Batangas. The developer said demand is driven by end-users seeking larger living spaces and connectivity near major infrastructure projects.
DMCI Homes is developing a 4,000-unit socialised housing project in Cavite, with units priced around P1.8 million each. The developer is also preparing a similar project in Valenzuela and reporting strong sales of ready-for-occupancy properties.
Half of the P1-billion budget for Project NOAH will go toward acquiring 55 LiDAR drones and other equipment for high-resolution hazard mapping. The project aims to map 20 major river basins in a year and develop decision-support tools for disaster planning.
Cebu Landmasters Inc has broken ground on its P2.88-billion Alto Ranudo residential tower in Cebu City, the first of 11 developments it plans to launch in the second half of 2026. The 20-storey project on V. Ranudo Street will offer 389 studio and one-bedroom units after securing a conditional licen
SM Prime Holdings is adding about 70,000 square metres of gross floor area across mall expansions in Iloilo, Batangas and Naga by the fourth quarter of 2026. The largest project is SM City Iloilo North Block, which will contribute 35,000 sqm as part of a mixed-use development.
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is selling a 3.97-hectare portion of its Diliman, Quezon City property with a minimum bid price of P11.09 billion. A pre-bid conference is set for 3 Sept and bids close on 24 Sept.
Philippine Guarantee Corp. (Philguarantee) said its housing credit guarantee portfolio grew 9.44% year-on-year to P343.39 billion in the first half of 2026. The state-owned firm reported that 412,028 beneficiaries were reached through its programs, including socialized housing loans under the Abot-K
The Philippines Department of Public Works and Highways is proposing a P643.95-billion budget for 2027, up from P529.5 billion this year, to speed up feasibility studies for priority infrastructure. The agency is targeting completion of feasibility work by 2027 for the Sorsogon-Samar link and Leyte-
Manila's data centre development pipeline contracted by 13% in the first half of 2026, falling to 97 megawatts, as new project announcements failed to keep pace with recently completed capacity. Operational IT capacity expanded 22% to 90 MW, while vacancy improved to 43.6% from 48% in the previous h
Philippine shares closed lower on Tuesday, with the PSEi dropping 0.98%, as the unresolved Middle East conflict and a weakening peso weighed on sentiment. The property sub-index fell 0.26%, while Ayala Land bucked the trend with a 3.95% gain.
The Department of Human Settlements and Urban Development (DHSUD) says its target of 1.13 million housing units by 2028 will not be enough to clear the 3.7-million backlog, requiring robust private-sector production. The department's 2027 budget allocation of P5.49 billion is far short of its P60-bi
The Philippine Department of Energy is considering a plan to ration port access for offshore wind developers, granting priority to bidders with the earliest delivery commercial dates. The plan comes after the DoE postponed the fifth green energy auction, citing port readiness and supply chain issues
Pag-IBIG Fund’s gross housing-related assets reached P1.01 trillion as of 31 Jul 2026, with housing loans making up 96 per cent of the total. Loan releases from January to July rose 12 per cent year-on-year to P88.84 billion.
The Securities and Exchange Commission is considering raising the P100-million minimum capital requirement for stockbrokers, which has been unchanged since 2001. Chairman Francisco Ed. Lim said the review follows incidents involving brokers with small capital bases and forms part of broader efforts
Premiere Island Power REIT Corp. expects revenue to remain at about 51% of last year's level for as long as lease agreements with S.I. Power Corp. remain suspended. The suspension stems from a dispute over SIPCOR's operating permits, which the Court of Appeals reversed but the Energy Regulatory Comm
Roxas and Company, Inc. has signed a P1.93 billion term loan agreement with China Banking Corp. to refinance existing obligations and fund general corporate purposes. The company's attributable net loss narrowed in the second quarter and first half of 2026.
The Philippine office market recorded 145,000 sq.m. of transactions in Q2 2026, a 24% quarter-on-quarter decline, as geopolitical uncertainty from the Middle East crisis prompted occupiers to defer leasing decisions. Colliers revised its full-year net take-up forecast to 300,000 sq.m. and year-end v
The Department of Labor and Employment-National Capital Region reported an 11% increase in compliance among construction establishments in 2026. Despite the improvement, occupational safety and health compliance remains low, with only 1.92% of establishments initially meeting OSH standards.
Economists say the Philippines must broaden its growth drivers beyond consumption and services to become more resilient to external shocks and reach high-income status. They call for investment in manufacturing, agribusiness, renewable energy and digital services, alongside stronger workforce skills
Raslag Corp. will develop both phases of its 149-MW Raslag Liwayway solar project simultaneously, targeting commercial operations by 2028. The company has allocated up to P3 billion for the project in Nueva Ecija, which will pair with a battery energy storage system.
The National Irrigation Administration (NIA) is evaluating sites for five proposed small reservoir irrigation projects in Ilocos Norte, including the Paoay Lake Irrigation Project. Senior officials conducted inspections to assess technical requirements and site conditions, aiming to expand water acc
The Bases Conversion and Development Authority expects to finalise the master plans for Camp John Hay and Bonifacio Global City by the fourth quarter of this year. The CJH plan is due in October, while the Fort Bonifacio plan is set for December and will focus on mobility and open spaces to ease con
The Philippine Department of Transportation received six bids for the rehabilitation of Tacloban Airport and seven for the development of Busuanga Airport. The combined project value is P1.24 billion, with bidding deadlines set for 2 Sep 2026.
A new EY report argues that countries must invest in migration infrastructure—including housing, credential recognition and integration services—to turn demographic pressures into economic opportunity. For the Philippines, the opportunity lies in building a talent ecosystem that benefits from intern
Building permit approvals in the Philippines dropped to a three-month low in June, falling 0.3% year on year to 17,081, reversing a 20% expansion a year earlier. Residential permits fell 2.1% while non-residential approvals grew 4.6%, highlighting a shift toward commercial and institutional projects
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