VILLAR Land Holdings Corp., led by tycoon Manuel Villar Jr., has erased more than P1.33 trillion in asset value from its 2024 books after its external auditor disallowed a sweeping land revaluation move. In new financial filings released last week, Villar Land reported audited end-2024 assets of P35.7 billion—a 97 percent drop from the unaudited March 2025 filing that showed year-end …
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THE Philippines is ranked as the seventh country most affected by storms, floods and heat waves in 2024, based on Germanwatch’s latest Climate Risk Index. Between 1995 and 2024, the Philippines experienced 371 extreme weather events, causing 27,500 fatalities and over $35 billion in economic losses, the report noted. Over 832,000 people died worldwide due to more than 9,700 extreme …
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AYALA Land, Inc. (ALI) reported a net income of P21.4 billion for the first nine months of 2025, up from P21.2 billion in the same period in 2024. Consolidated revenues for the period totaled P121.8 billion, the company said in a press release early last week. ALI has yet to release its full report for the third quarter. Revenues from …
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IN a bid to promote sustainable building practices ad renewable energy solutions, the Quezon City government has approved a landmark Green Building Code. Mayor Joy Belmonte recently led the launching of the new code, which reinforces the city’s initial green building ordinance passed in 2009. “The increasing temperatures has affected our constituents’ health and livelihood. As the city government, it …
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THE Department of Education (DepEd) confirmed massive disruptions to education in northern and central Luzon following the onslaught of Super Typhoon Uwan, which caused widespread damage to schools and displaced hundreds of thousands of learners and teachers. Based on its latest situation report, DepEd said 913,777 learners and 46,877 personnel were affected across 2,979 public schools in 18 school divisions …
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Pasig Bigyang Buhay Muli (PBBM), a project of President Ferdinand R. Marcos Jr., wasnamed one of the recipients of the 2025 Asian Townscape Award presented by the United Nations (UN), following deliberations in Japan last September 17. In a letter to the Inter-Agency Council for the Pasig River Urban Development (IAC-PRUD), the UN-Habitat Regional Office for Asia and the Pacific confirmed the award that will be formally conferred on …
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The 10th national Population Health and Environment (PHE) conference revealed the voices, stories and experiences of communities in the Philippines that are navigating interconnected pathways to a sustainable and healthy environment. Convened by the PHE network at a hotel in Pasay City, the conference – with the theme, “Equity and Sustainability in Focus: 20 Years of Transformative PHE” – gathered more than 100 advocates, practitioners, experts and policymakers who discussed approaches of …
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Around P1 billion is being allocated for the upgrade of the Subic-Clark-Tarlac Expressway (SCTEX), according to the Bases Conversion and Development Authority (BCDA). BCDA President and Chief Executive Office Joshua Bingcang said SCTEX will be expanded and extended to accommodate the increasing volume of traffic. The budget will be for the improvement of the SCTEX estimated to be completed within the next two years, said Bingcang. He added about P750 …
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Artist Noel Tañada used materials from plastics; plants and agricultural waste; paper, glass and textile waste; and even hazardous waste to create artistic furniture. These waste materials can literally build a house for a family, a house made of walls, “concrete slabs”, furniture from tables to cabinet to beds, a lampshade or a lightning fixture. Tanada’s from waste to exhibit is a first public showcase of …
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The Department of Energy (DOE) hopes to get more investor support for its waste-to-energy (WTE) push with the launch of a special bidding round in early 2026. DOE said the “special green energy auction” is scheduled in January 2026. This will mainly focus on WTE projects that will source their waste feedstock within Metro Manila and highly urbanized cities (HUCs), with completion set …
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The Market Monitor Minding the Nation's Business