METRO Pacific Tollways Corp. (MPTC) said it is assessing the viability of its planned “NLEX Air,” an elevated tollway designed to help ease rising congestion along the northern stretch of the North Luzon Expressway (NLEX). “We need to work on expanding NLEX, sumisikip na. The space between Balintawak and Marilao is getting decongested. We need to work on that,” MPTC …
Read More »Japan’s infra support to bring ‘immediate’ benefit to Filipinos
THE Philippine government, through the Department of Public Works and Highways (DPWH), has acknowledged the continued support of Japan in the country’s infrastructure modernization. Public Works Secretary Vince Dizon underscored Japan’s support to the Philippines as it will speed up the completion of infrastructure projects that will bring immediate benefit to the Filipino people. In a news release last week, …
Read More »Gov’t looks to convert condos into retirement homes
THE Commission on Overseas Filipinos (COF) revealed that several government offices are looking into the possibility of converting some vertical residential properties into specialized homes for retirees,. “Noong naguusap po kami ng Philippine Retirement Authority, napuna nila na marami tayong mga sobrang condominium dito sa atin and I think they are talking to several large developers kung paano nila macoconvert …
Read More »Livingsprings spotlights 2026 housing trends as it showcases award-winning Cypress Place Woodland community in Silang
AS the Philippine property market closes out another resilient year, boutique developer Livingsprings Communities Realty and Development Corporation (LCRDC) identifies three major housing trends set to define 2026: the rise of sustainability as a standard, the accelerating move toward out-of-Metro homes, and the growing demand for wellness-centric environments. These insights come as the company highlights Cypress Place Woodland Community in …
Read More »Megaworld pushes preservation of Boracay’s Ati cultural heritage
Megaworld Hotels & Resorts (MHR) celebrated this year’s Thanksgiving by supporting the Ati Komunidad of Boracay as they took on the challenge of mastering nito weaving, a traditional Filipino craft. Anchored on the theme “Weaving Heritage, Planting Hope,” the project underscores MHR’s commitment to preserving Filipino craftsmanship while creating sustainable income opportunities for indigenous communities. “The Ati people are the …
Read More »More Filipinos are jobless
The unemployment rate has just clinched a new record — the highest in 3 months. The Philippine Statistics Authority (PSA) said the number of jobless Filipinos surged in October, with rates hitting a three-month high. The country’s unemployment rate was recorded at 5.0 percent, markedly up from 3.8 percent and 3.9 percent a year earlier.. This is the highest unemployment …
Read More »Problems noted in condo market after POGOs
Post-POGO, how much are condominiums selling in Metro Manila? Prices vary drastically between business districts and less central areas in the National Capital Region. The same is true in emerging markets such as Cebu City, Davao City and Iloilo City. Baguio and Tagaytay, however, have remained in demand for condo buyers and renters, with tourism factors providing the incentive. In …
Read More »A Palace of Joy: Children Bring Laughter Back to Malacañang
LOVE FOR ALLBy: Virginia Rodriguez There are few images more striking in Philippine politics than that of the President of the Republic rolling into Malacañang aboard a kiddie train. Yet on Saturday, that was precisely how President Ferdinand Marcos Jr., joined by First Lady Liza Araneta-Marcos and their youngest son Vinny, chose to open the annual Balik Sigla, Bigay Saya …
Read More »BSP cuts interest rates for 5th time
By Diego C. Cagahastian The Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas (BSP), decided to prune the nation’s interest rates by 25 basis points at its meeting last December 11. It was the MB’s last meeting for the year, and marked the fifth consecutive time that the rate was decreased. This time around, the Board lowered …
Read More »Banks shun loans to small businesses
The government, specifically the Senate and the House of Representatives, passes financial laws mandating banks to support agriculture, small businesses and rural cooperatives by giving them loans. In the case of the agriculture sector, a certain percentage of the banks’ loan allocations should be given to the farmers. But this is seldom observed, with banks giving priority to condominium developers …
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