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Industry Leader Rebuts Condo Oversupply Claims in the Philippines

Recent reports suggesting a glut of condominiums in the Philippines—with units supposedly taking two to three years to sell—have come under scrutiny from Chris...

Insight: The Philippines’ Bold Vision for Halal Industry Leadership

The Department of Trade and Industry’s (DTI) establishment of the National Halal Industry and Development Office (NHIDO) signals the Philippines’ ambition to carve a...

DBM submits P5.024tr FY 2022 National Expenditure Program to Congress

The Department of Budget and Management has submitted the Duterte administration’s last full-year budget on August 23, 2021 to Congress for scrutiny and approval. With...

Megaworld posts P2.6bn Q2 income, up 39%

Megaworld, the country’s largest developer of integrated urban townships, grew its attributable net income by 39% to P2.6-billion in the second quarter this year...

Petron closes H1 2021 with P3.87bn net income

Petron Corporation sustained its positive performance as it ended the first half of 2021 with a consolidated net income of P3.87 billion, a remarkable...

TOPS, one of Cebu’s top attractions, now open to tourists

CEBU CITY - Tops Lookout, one of the top destinations in Cebu, is now open to tourists. However, only those 15 years old and...

Philippines and Vietnam reaffirm defense cooperation following 45 years of diplomatic relations

The Republic of the Philippines and the Socialist Republic of Viet Nam marked their 45th anniversary of diplomatic ties on 12 July 2021. For...

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