Khriscielle Yalao

BOI gives nod to investments worth P640 billion

The Board of Investments (BOI) approved P640.22 billion worth of investments for the first five months of this year, led by domestic investments and continuous projects in the renewable energy (RE) sector.

Office rental rates stable in Q1

Office rental rates in Metro Manila remain stable, but overall saw a slight increase in the first quarter of 2024, according to real estate services firm KMC Savills. 

Manufacturing, logistics sectors drive industrial property growth

The manufacturing and logistics sectors are driving the industrial commercial property market in Metro Manila as of the second half of 2023, signaling thriving economic prospects for the Philippines. 

NDC okays TRB's acquisition of Pandacan property

The National Development Company (NDC) announced that it has formally reached a consensus with the Toll Regulatory Board (TRB) for its acquisition of the 1.3 hectare-property in Pandacan, Manila, to be used as part of the Metro Manila Skyway Stage 3 project.

Globe network expansion covers over 500 isolated sites

Globe Telecom Inc. announced that its network is now available in more than 500 geographically isolated and disadvantaged areas (GIDAs) nationwide, enabling online services and internet access to far-flung communities.