GLOBAL FINANCIAL

BUSINESS

RSS Inquirer Business
  • DENR, mining industry forge accord on policy reforms June 13, 2024
    MANILA, Philippines — The Department of Environment and Natural Resources (DENR) and the mining industry have forged a landmark agreement to pursue policy reforms that will make the local mining industry more sustainable, responsible, transparent, and attractive to investors. Among the salient points of the joint declaration are the commitment to sustainable and responsible mining
  • PH two-way trade showing signs of life, says Pantheon June 13, 2024
    MANILA, Philippines — Better days may be ahead for the Philippines’ external trade as exports looked to break months of slow downtrend while imports finally showed signs of life, London-based Pantheon Macroeconomics said. In a commentary sent to journalists, Miguel Chanco, chief Emerging Asia economist at Pantheon, said the big trade deficit recorded in April
  • Pure Energy ventures into digital agriculture June 13, 2024
    MANILA, Philippines — Renewable energy player Pure Energy Holdings Corp. (PEHC) of businessman Dexter Tiu is venturing into digital agriculture, with plans to harness artificial intelligence (AI) to grow crops in climate-controlled indoor farms. PEHC President Eric Peter Roxas said in a statement these unconventional farms would produce strawberries, dou miao (pea shoots), and other
  • Biz Buzz: Closer to dad June 13, 2024
    John Paul Ang, the eldest son of billionaire Ramon S. Ang, has risen a few steps higher in the succession ladder of San Miguel Corp. San Miguel announced earlier this week that John Paul had been appointed vice chair, president and chief operating officer of the conglomerate, after serving as a board member since 2021.
  • Maynilad preps for mandated IPO slated after 2025 polls June 13, 2024
    MANILA, Philippines — Maynilad Water Services Inc. has initiated preparations for its planned stock market debut which could happen as early as 2026. “It (initial public offering, or IPO) has to happen on or before January 2027. We’re looking at anywhere between after the elections and early 2026,” Maynilad president and CEO Ramoncito Fernandez told
  • Pandemic savings seen boosting global economies June 13, 2024
    MANILA, Philippines — Global economies are poised to see more growth this year as consumers gradually dip into their pandemic savings by simply spending and, later, diversifying their assets, according to investment experts. Shun Jamieson, product strategist at international investment company BlackRock, said during AXA Philippines’ recent investment forum that yields were improving, with global
  • Four ways to show love of one’s country June 13, 2024
    You don’t have to march on the streets to show your love of country,” I told students whose parents did not allow them to join political protests years ago. “But our country needs skilled, motivated, resilient citizens to contribute in various ways. So instead of grouching about how difficult your subjects are, prioritize your learning
  • San Miguel sees sustained growth in 2024 June 13, 2024
    MANILA, Philippines — Conglomerate San Miguel Corp. of billionaire Ramon S. Ang is seeing continued growth this year despite economic headwinds, banking on sustained revenues and operating income. “In the first-quarter results of San Miguel Group, we are growing double-digit in revenue and operating income. We will stick to that target of continuing to grow
  • DOTr, Jica to wrap up rail master plan by year-end June 13, 2024
    MANILA, Philippines  — The Department of Transportation (DOTr) and Japan International Cooperation Agency (Jica) are aiming to complete the 30-year rail master plan covering the capital and nearby densely populated regions by the end of the year. Transportation Secretary Jaime Bautista, in an interview in Parañaque last week, said the study for the big-ticket public
  • Myanmar’s economy in crisis as civil strife disrupts trade, livelihoods June 12, 2024
    BANGKOK — Myanmar, once a thriving emerging economy, is struggling to regain momentum as the country’s civil war increasingly disrupts trade and livelihoods. World Bank economists estimate the country’s economy grew at a 1 percent annual pace in the year that ended in March, more slowly than earlier expected, according to a report issued Wednesday.

REAL ESTATE

RSS Inquirer | Real Estate
  • Filipino-Japanese collaborations boost PH real estate landscape May 11, 2024
    The real estate landscape in the Philippines has become more exciting and competitive as more joint ventures and partnerships between homegrown developers and Japanese firms have emerged in recent years. Many Japanese investors have seen the potential and growth of the Philippines as a property investment destination. The fusion of expertise, design styles, and work
  • Transforming property into growth areas, bastions of progress April 26, 2024
    Real estate developers, community planners, and local governments play a crucial role in spurring growth in an area. With sound vision, proper planning and strategy, and an understanding of what consumers need, developers can transform areas with potential into thriving commercial districts. Listed below are some prime real estate developments that have aided urban developments
  • 2024 a year of recovery for PH real estate April 26, 2024
    The Philippine real estate industry remains volatile and the slower-than-expected recovery can be attributed to three main factors: the lingering impact of the pandemic on commercial office, retail and residential markets; the higher-for-longer inflation and interest rates and the continuing geopolitical conflicts in Ukraine and the Middle East that have resulted in global uncertainties that
  • Megaworld bags best developer, sustainability, and innovation recognitions from World Business Outlook July 3, 2023
    Property giant Megaworld further cements its status as a leading Filipino real estate developer as it brings home the most coveted ‘Best Real Estate Development Company in the Philippines,” as well as the country’s ‘Most Innovative’ and ‘Most Sustainable Real Estate Development Company’ from the World Business Outlook Awards 2023. Continuing its streak of major
  • The essentials of sustainable real estate March 25, 2023
    It is vital to understand the numerous aspects that contribute to sustainable real estate development, as well as the lessons acquired from the recent pandemic. Let’s look at the principles of sustainability, the key characteristics of sustainable projects, and the significance of operation and maintenance policies in lowering carbon footprint and promoting a better lifestyle
  • RL Commercial REIT profit jumps 162% February 10, 2023
    RL Commercial REIT Inc. (RCR), the real estate investment trust (REIT) arm of Gokongwei-led Robinsons Land Corp., saw profits surge by 162 percent last year as its asset portfolio grew. In a statement, the company said unaudited net income last year reached P4.4 billion compared to P1.68 billion recorded in 2021. The REIT firm’s asset
  • 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

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