EnglishNews
News for Philippines Properties and Economic
Why Europe Should Invest in PH's $2T PotentialNew!!
The Philippines could achieve $2 trillion GDP status by 2050, according to Arsenio Balisacan, Secretary of the Department of Economic Planning and Development (DEPDev). However, he cautioned this growth trajectory depends on the nation successfully navigating external economic shocks, from geopolitical tensions to supply chain disruptions. With its $392 billion economy now steadily advancing toward upper middle-income status, the Philippines is leveraging […]
PHL Construction Upgrade Strengthens Trade Uncertainty DefenseNew!!
The Philippine construction industry can strengthen its resilience against global trade uncertainties by embracing digital transformation and reinforcing domestic supply chains, according to expert Mr. Berezka. As international firms reevaluate supply networks, the country has a prime opportunity to establish itself as a regional innovation hub through strategic modernization. Key priorities include adopting AI-powered platforms […]
Filinvest Group at 70: Building Future-Ready Communities
As Filinvest Development Corporation (FDC) celebrates 70 years of turning Filipino dreams into reality, the conglomerate continues to expand its nationwide presence through strategic investments in banking, real estate, power, hospitality, and infrastructure. It’s real estate arm leads the charge in developing large-scale, future-ready townships that boost regional economies and redefine urban living. Among its flagship projects: Each development reflects […]
Philippines Q1 GDP Growth Hits 5.9%: Poll
The Philippine economy likely accelerated in Q1 2024, overcoming tariff-related external challenges through robust domestic drivers. Notably, stable inflation and surging consumer spending appear to have offset international trade pressures, according to analysts. While export tariffs created headwinds, the economy's domestic fundamentals — particularly consumer spending and stable prices — provided critical ballast," noted one […]
Pamela to Review Capitol Resources
In a decisive move signaling her administration's commitment to reform, Governor-elect Pamela Baricuatro announced sweeping transparency measures yesterday, including full financial and operational audits across Capitol offices and provincial LGUs before her June 30 inauguration. "We need absolute clarity about our starting position," Baricuatro emphasized during her May 14 interview with ANC's Karen Davila. "This […]
Fastest Growing PH Region 2024: Central Visayas
Backed by a thriving tourism industry that stimulated consumer spending, Central Visayas (Region VII) solidified its status as the nation's top-performing regional economy in 2024, recording an impressive 7.3% GDP expansion. Recent data from the Philippine Statistics Authority (PSA) confirms this growth rate leads all 18 Philippine regions, exceeding both the national average (5.7%) and […]
Why Cebu's Condo Market Remains Stable in 2024
Despite rising political uncertainty nationally, Cebu’s condominium market continues to demonstrate stability with no oversupply risks, according to Colliers Philippines. In an April 3, 2025 interview, Joey Roi Bondoc, Colliers’ Director of Research, highlighted that Cebu’s 2.1-year inventory absorption rate starkly outperforms Metro Manila’s eight-year backlog, signaling robust market health. "These fundamentals confirm Cebu's market remains balanced and healthy," emphasized […]
Central Visayas Inflation Dips to 2.4% in March 2025
The inflation rate in Central Visayas showed a notable decline in March 2025, according to the latest data from the Philippine Statistics Authority Regional Office 7 (PSA-7). Specifically, the rate eased to 2.4 percent, down from 2.5 percent in February 2025, as announced by Engineer Felixberto Sato Jr., PSA-7’s supervising statistical specialist. Furthermore, the current figure […]
Ayala Land, PNB Launch Overseas Buyer Home Loans
Ayala Land Inc. (ALI), through its international sales division Ayala Land International Sales Inc. (ALISI), has formed a strategic partnership with Philippine National Bank (PNB) to revolutionize property financing for overseas buyers. The collaboration specifically targets Filipino expats and foreign investors in key markets: the USA, Singapore, and Japan. In a landmark move for overseas property […]
Developers Mute Political Noise, Focus on Property Growth
Amid the current political climate, developers are choosing to ignore the surrounding 'political noise' and are concentrating their efforts on transforming the property sector into a compelling investment destination, despite the challenging conditions, as reported by Colliers Philippines. Investors, buyers, and business professionals have managed to separate the ongoing political distractions from their everyday business […]