GLOBAL FINANCIAL

BUSINESS

RSS Inquirer Business
  • Hong Kong sees IPO slowdown reversing; eyes international issuers November 30, 2022
    HONG KONG – Hong Kong has more than a hundred applicants in the pipeline for initial public offerings (IPOs) and is eyeing more companies and investors from markets including the Middle East and Southeast Asia, the chairman of the city’s bourse operator said. China’s economic slowdown, a sweeping regulatory crackdown that has tightened scrutiny over […]
  • Still no deal with South Korea’s striking truckers as gap remains November 30, 2022
    SEOUL  -The South Korean government failed on Wednesday to reach a deal with striking truck drivers, who defied an order to return to work as concerns rose over shortages of petrol and pricier groceries inflicting further economic damage. Transport ministry representatives said that the government would not change its position. The ruling People Power Party […]
  • Thai central bank raises key interest rate by 25 bps to 1.25% November 30, 2022
    BANGKOK  – Thailand’s central bank raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an economic recovery facing increasing global headwinds. The Bank of Thailand’s (BOT) monetary policy committee voted unanimously to raise the one-day repurchase rate to 1.25 […]
  • Agri groups raise ‘grave concern’ about continued food importation, lower tariffs November 30, 2022
    MANILA, Philippines —  No less than 15 agricultural groups raised the alarm about the government’s liberal stance on the importation of and lowering of tarrifs on food products such as pork, rice, corn and others in a joint statement released on Wednesday. In the statement, these groups  expressed “grave concern” about proposals to extend Executive […]
  • Philippines central bank sees November inflation at 7.4-8.2% November 30, 2022
    MANILA – The Philippines central bank expects November annual inflation to be in a range of 7.4 percent to 8.2 percent, reflecting upward price pressures from electricity and agricultural products, it said on Tuesday. Inflation, which hit its highest in nearly 14 years at 7.7 percent in October, is expected to decelerate gradually in the following months […]
  • Jack Ma living in Japan after China tech crackdown: FT November 30, 2022
    TOKYO, Japan -Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China’s crackdown on the tech sector, the Financial Times reported Wednesday, citing multiple unnamed sources. The billionaire has kept a low profile since the crackdown, which has included Chinese regulators scrapping the IPO of […]
  • South Korea to negotiate with striking truckers again, but gap seen too big November 30, 2022
    SEOUL  – South Korea will meet striking truckers for more negotiations on Wednesday as concerns rose over shortages of petrol, pricier groceries and economic damage, and the government invoked a law forcing 2,500 cement industry drivers back to work. Union officials told Reuters the gap between the two sides is too wide to reach a […]
  • Egg prices rise due to bird flu, increased holiday demand November 30, 2022
    MANILA, Philippines — The bird flu outbreak and the increased holiday demand are among the factors to blame for the increase of egg prices in several areas, said the chair of the Philippine Egg Board (PEB) on Wednesday. PEB chair Gregorio San Diego said in an interview on Sakto that areas were impacted differently and […]
  • Australia monthly inflation slows in October, hints at possible peak November 30, 2022
    SYDNEY  – Australian inflation slowed in October as prices for fruit and vegetables fell sharply and holidays costs took a surprise dip, an unexpected turn that could mean interest rates will not have to rise as far as some expected. Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index […]
  • Oil up as U.S. crude stocks seen falling, OPEC+ concerns limit gains November 30, 2022
    Oil prices rose in early Asian trade on Wednesday as U.S. crude inventories were seen falling, but concerns that OPEC+ would leave output policy unchanged at its upcoming meeting limited gains. Brent crude futures were up 65 cents or 0.8 percent at $83.68 per barrel by 0132 GMT, while U.S. West Texas Intermediate (WTI) crude […]

REAL ESTATE

RSS Inquirer | Real Estate
  • Why real estate, REITs make for a good investment July 26, 2022
    It’s not enough for us to simply scrimp on expenses, especially when the prices of the goods and commodities we buy continue to increase. It’s not enough for us to save. We stretch the muscles of our money. Make them work. Make them grow and make more money. It’s not enough to just invest. It […]
  • COVID-19 and the Philippine office space market July 8, 2022
    The Philippine office space industry is currently in a recovery phase which makes it a “tenant-market” in terms of rent prices. However, as the recession suffered by the industry is not market-driven but an external, artificial shock, the recovery is expected to be faster and the long-term occupancy average of 95 percent might be breached […]
  • Tailing the black swan July 8, 2022
    As the economy further opened, the first half of 2022 looked much better than a year ago. Coupled with seasonal growth fueled by election-related spending, the pent-up and revenge spending helped lift the national economy and increase the level of activities in the real estate market. After hitting the bottom of the market cycle last […]
  • Aiming for a strong recovery July 8, 2022
    We see highly encouraging growth for the office sector in the first half of 2022. With lease transactions now at 379,000 sqm, equivalent to 70 percent of full year 2021, we expect 2022 to exceed the numbers of last year. In fact, the current absorption of 255,000 sqm in the second quarter is the highest […]
  • Megaworld eyes P6.5B sales from township in Cavite May 30, 2022
    MANILA, Philippines—Billionaire Andrew Tan’s Megaworld Corp. is tapping the same design group behind Atlantis The Palm in Dubai and Shangri-La Maldives for a luxury resort-inspired residential project on its 140-hectare Maple Grove township in General Trias, Cavite province. Megaworld said in a statement the company Wimberly, Allison, Tong & Goo would design the 22-hectare Maple […]
  • Robinsons Land transfers P5.9B Ortigas building to REIT firm April 22, 2022
    MANILA, Philippines—RL Commercial REIT Inc. is taking over the P5.9 billion Robinsons Cyberscape Gamma building in the Ortigas business district, which would boost its portfolio and dividend payout to investors. RL Commercial REIT is the real estate investment trust (REIT) of Robinsons Land Corp., the property giant owned by Gokongwei-led conglomerate JG Summit Holdings. RL […]
  • MPIC revives real estate ambitions in Landco buyout April 1, 2022
    Tycoon Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) has agreed to a takeover of Landco Pacific Corp., the pioneering beach resort developer it tried to sell a decade ago amid a broader shift to more stable and lucrative infrastructure projects. The P430-million deal would boost the water, energy and toll road giant’s stake in […]
  • AREIT readies P11.3-B infusion of Cebu assets March 11, 2022
    Real estate investment trust (REIT) pioneer AREIT Inc. is set to acquire six additional office buildings in Cebu valued at about P11.26 billion from its sponsor, Ayala Land Inc. (ALI), outperforming its goal of doubling its portfolio within two years from its stock market debut. AREIT unveiled a second property-for-share swap with ALI that will […]
  • Ovialand plans P1.5-B initial public offering by June March 11, 2022
    Mass housing developer Ovialand Inc. plans to raise P1.5 billion from a stock market debut by midyear, aiming to play a greater role in filling the country’s massive housing backlog. Ovialand, a partnership between the Olivares family and mass housing veteran Januario Jesus Atencio, plans to offer to the public mostly primary shares, bringing its […]
  • ‘Voluminous’ demand prompts CREIT to reschedule market listing launch February 16, 2022
    MANILA, Philippines—Citicore Energy REIT Corp., the country’s first renewable energy-themed real estate investment trust, moved its stock market listing to early next week amid a “voluminous” market demand, especially among local small investors (LSIs), some of whom will be refunded for excess orders. CREIT reported that the LSI tranche had generated an oversubscription level of […]

HELP US TO IMPROVE:

What else do you want to see from this page?