DDMP REIT close to achieving 95% office occupancy target
DOUBLEDRAGON Corp.’s DDMP REIT Inc. yesterday received payment of P55.26 million as rental deposits for 15,100 square meters or 1.51 hectares of new office...
Construction activities down in Q2
CONSTRUCTION activities declined in the second quarter of the year, the Philippine Statistics Authority (PSA) reported on Wednesday, Aug. 16.
The number of approved building...
DOE: Gov’t stake sale in Malampaya to private firms justified
THE Department of Energy (DOE) said the grant of Malampaya oil exploration contracts to private firms Prime Infrastructure Capital Inc. and Udenna delivered positive...
BSP seen to keep interest rate steady at 6.25%
THE Bangko Sentral ng Pilipinas (BSP) is expected to keep the country's benchmark interest rate at its current level of 6.25 percent.
First Metro...
Include e-bikes, e-trikes in e-vehicle incentives – DOE
THE Department of Energy (DOE) and the Electric Vehicle Association of the Philippines (EVAP) are pushing to include two and three-wheeled electric vehicles in...
Rise in passenger volume causes long queues at NAIA
AS THE Ninoy Aquino International Airport (NAIA) was recently tagged as among the worst airports in Asia in terms of queuing times, an executive...
Sen. Imee Marcos to address Philsutech confab on Aug. 23
SEN. Imee Marcos, one of the vice-chairs of the Senate Committee on Agriculture, Food & Agrarian Reform, and chair of four other committees, will...
Approved foreign investment pledges up 28% in Q2
APPROVED foreign investment (FI) pledges grew by 27.8 percent in the second quarter of the year, data from the Philippine Statistics Authority (PSA) showed.
PSA...
Rice ‘sufficient’ but DTI, DA to monitor prices – Palace
PRESIDENT Ferdinand Marcos Jr. yesterday tasked the trade and agriculture departments to closely monitor rice prices and go after hoarders and "price manipulators," Malacañang...
Economic managers warn against P150 wage increase
ECONOMIC managers of the Marcos administration yesterday warned that increasing the country’s daily minimum wage by P150 would slow down economic growth, increase unemployment,...