Metro Manila’s office market lost momentum in the second quarter as the prolonged war in the Middle East prompted companies to postpone expansion plans and delay leasing decisions, prompting property consultancy Colliers Philippines to lower its full-year net take-up forecast despite...
Despite lingering upside risks to inflation, China Banking Corp. (Chinabank) expects the Bangko Sentral ng Pilipinas (BSP) to conclude its rate-hiking cycle this August, arguing that second-round inflation effects have largely dissipated. The projection follows a third consecutive month of...
Adopting a uniform five percent tariff rate on corn imports could generate ₱17.2 billion in net economic gains as consumer savings offset losses for local farmers and government revenues, according to advocacy group Foundation for Economic Freedom (FEF). Speaking at a Tariff Commission (TC)...
The Philippines and the United States are moving quickly to advance the proposed Pax Silica initiative, with US Ambassador to the Philippines Lee Lipton saying Washington and Manila are "moving FAST" on what he described as one of the two countries ' biggest shared priorities. In a post on X...
The war in the Middle East could push as many as 86,000 more people living in Philippine urban areas into poverty as higher fuel, food, as well as transport costs strain household budgets, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). In its...
In its recent Philippine property market overview for the first half of 2026, Santos Knight Frank revealed that evolving industrial demand is driving a shift in the sector from traditional dry warehouses to specialized facilities such as data centers, cold storage, and smart manufacturing...
The lifting of the seven-year moratorium on new Philippine Economic Zone Authority (PEZA)-accredited information technology (IT) parks and IT centers in Metro Manila is expected to ease the shortage of PEZA-compliant office space in the capital region as well as attract more technology and business...
The Philippine Economic Zone Authority (PEZA) approved nearly ₱152 billion in investment pledges in the first seven months of the year, driven by the strong performance of the country’s economic zones despite global and local headwinds. In a statement on Friday, July 24, PEZA reported...
The proposed Philippines-United States Pax Silica Economic Security Zone promises to place the country at the forefront of artificial intelligence infrastructure, semiconductor manufacturing, advanced packaging, and strategic minerals processing. If realized responsibly, it could create thousands...
TOKYO (Jiji Press)--Japan 's Defense Ministry said Tuesday it has confirmed that the Chinese navy conducted firing exercises within Japan 's exclusive economic zone on Sunday. It was the first time that the ministry had publicly acknowledged such a drill by the Chinese military in Japan...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is in talks with one of the country’s largest power utilities to secure the electricity required to attract investments in data centers. APECO President and Chief Executive Officer (CEO) Gil Taway IV said he is in advanced...
Investments in critical infrastructure projects in the Philippines align directly with the United States ' national security agenda in the Indo-Pacific region, according to the US Trade and Development Agency (USTDA). Speaking at a US House Foreign Affairs Committee hearing last week, USTDA...