Luxury hospitality seen as growth niche for Philippine developers
PROPERTY CONSULTANTS said residential oversupply could push more Philippine developers to pursue luxury hospitality projects.
Energy transition leading to higher inflation and lower growth
By Bienvenido S. Oplas, Jr.
The other week, on Aug. 14, I attended the AmCham 8th Energy Forum held at Marriott Hotel Manila and energy transition dominated the discussion....
T-bill, bond yields may decline with BSP expected to cut rates
YIELDS on the Treasury bills (T-bills) and Treasury bonds (T-bonds) to be offered this week could mostly go down ahead of an expected rate...
Avida says 93% of Serin East Tagaytay units sold
AVIDA LAND Corp., the mid-income residential brand of property giant Ayala Land, Inc. (ALI), said it has sold 93% of the units in Serin...
RCBC expects double-digit growth in credit card receivables
THE CREDIT CARD arm of Rizal Commercial Banking Corp. (RCBC) expects sustained double-digit growth in loans over the next two years, driven by strong...
PSEi to rise on dovish Powell speech, BSP bets
SHARES may continue to climb this week following dovish comments from the US Federal Reserve chief over the weekend and as the Bangko Sentral...
Work on final stations of MRT-7 to start next year
THE Department of Transportation (DoTr) said civil works for the last two stations of the Metro Rail Transit Line 7 (MRT-7) will start next...
Tourism continues to lag but holds potential to rebound
TOURISM continues to track below its pre-pandemic performance, with the accommodations sector continuing to lag the rest of the industry, giving it some potential for an upside surprise, according to Unicapital Securities, Inc.
Tariff damage to furniture industry downplayed
US PRESIDENT Donald J. Trump’s proposed tariff on furniture imports won’t be as damaging as the tariff on garments, the Foreign Buyers Association of...
Philippines’ DFA says Gaza offensive dims hopes for peace in Middle East
THE PHILIPPINES on Monday said Israel’s military offensive in Gaza City could further derail efforts to achieve peace in the Middle East.
In a statement,...
Poll: Most Filipinos see China as ‘greatest threat’
A VAST majority of Filipinos distrust China and view it as the country’s “greatest threat,” according to an OCTA Research survey released Monday, highlighting growing public unease over tensions in the South China Sea.
PHL to keep security stance at Second Thomas Shoal despite China’s moves
THE PHILIPPINES will keep its security posture at Second Thomas Shoal in the South China Sea despite increased Chinese activity in the area, Defense...