Reports indicate a condominium glut of 74,000 to 75,300 unsold units, an inventory that could take 5.8 to 8.2 years for the market to absorb. A similar trend is emerging in residential housing, where “For Sale” and “For Rent” signs multiply with few takers in a softening market. Why did...
Vice President Sara Duterte claimed that the Philippines no longer has sufficient funds, citing a supposed directive from the Department of Budget and Management (DBM) requiring government offices to account for their savings, prompting a sharp response from Malacañang. During an interview in The...
MG Motor Philippines will join the STV Auto Focus Summer Test Drive Festival 2026 from May 7 to 10 at the SM Mall of Asia Concert Grounds in Pasay City, with several of its latest models available for test drives. The MG G50 PHEV will be one of the main vehicles available at the MG pavilion. The...
The Senate formally honored BINI on Wednesday, May 6, after adopting a resolution recognizing the group’s historic appearance at the Coachella Valley Music and Arts Festival in California last month. During the plenary session, senators welcomed the eight-member P-pop act as they approved Senate...
Toyota Motor Philippines is bringing several electrified models to the 2026 Auto Focus Summer Multi-Brand Test Drive Festival from May 7 to 10, 2026 at Block 16 of the SM MOA Grounds. The Toyota test drive lineup includes the all-new RAV4 HEV, all-new Urban Cruiser BEV, and bZ4X BEV. These will be...
Department of National Defense (DND) Secretary Gilberto C. Teodoro Jr. and Japan Minister of Defense Shinjiro Koizumi on Wednesday, May 6, witnessed a live-fire maritime strike drill in Paoay, Ilocos Norte which marked Tokyo’s first deployment of its shore-based anti-ship missile system on...
President Ferdinand Marcos Jr., on Wednesday, May 6, led a situation briefing with key government agencies to assess the impact of the recent unrest of Mayon Volcano and ordered the immediate delivery of assistance to families affected by heavy ashfall in Albay. In a statement issued by the...
The Senate leadership is planning to designate one of its members to act as the impeachment manager in preparation for the possible impeachment trial of Vice President Sara Duterte. Senate President Pro Tempore Panfilo “Ping” Lacson disclosed this on Wednesday, May 6, saying they are...
Lexus cars will be the official vehicle for the ASEAN 2026 summit’s highest-level engagements. T oyota Motor Philippines Corporation (TMP), through its luxury brand Lexus Philippines, has solidified its commitment to the Philippine Chairship of ASEAN 2026. As the official mobility partner,...
Suzuki Philippines inaugurated its Business Operations Simulation Facility on April 16, 2026, at Don Bosco College, Canlubang in Calamba City, Laguna, in partnership with the academic institution. The initiative aims to provide students with practical exposure to dealership operations within an...
The Department of Foreign Affairs (DFA) on Wednesday, May 6, welcomed reports on the transfer of Aung San Suu Kyi to house arrest and called on Myanmar authorities to allow greater transparency following the move. “We view these developments as vital steps in a sequence of confidence-building...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. launched a scathing rebuke against China on Tuesday night, May 5, for its attempts to “vilify” Japan as combat forces from Tokyo joined the annual Exercise Balikatan for the first time. Teodoro characterized Beijing 's...
