Philippines News

Philippine property prices rising again!

2011-12-29 09:52
  Dec 05, 2011 Source: Global Property Guide House prices in the country are rising again, as buyers become optimistic about the Philippine economy. The average price of luxury 3-bedroom condominiums in Makati CBD rose 7% q-o-q to PHP 103,000 per (USD 2, 389) sq. m. in Q1...

Vista Land profit up 21% to P1.7B

2011-08-16 15:16
The Philippine Star MANILA, Philippines - Villar-led property holding firm Vista Land & Lifescapes Inc. grew its first half net income by 21 percent on the back of robust sales, as investors remained upbeat on the real estate market given a low interest rate environment and sustained...

Price rises resume in Philippine housing market

2011-08-14 15:09
Source: www.globalpropertyguide.com  

Paje urges industries to shift to energy efficient chillers

2011-07-05 02:09
The Philippine Star MANILA, Philippines - Environment and Natural Resources Secretary Ramon J. P. Paje is calling on industries to shift to new energy-efficient chillers to save on energy bills and take advantage of incentives provided under the Philippine Chillers Energy Efficiency Project...

Invest commitments surge 338% to P191 billion in January-May

2011-06-16 16:24
The Philippine Star MANILA, Philippines – Investment commitments went up by 338% to P191.182 billion in the first five months of the year from a year ago level of P43.613 billion as more investments for energy projects continued to pour into the country, the Board of Investments (BOI) reported...

Phl ranks 3rd in global survey on business optimism

2011-03-01 16:32
The Philippine Star MANILA, Philippines - The Philippines was ranked third in a global survey on business optimism, reinforcing the renewed confidence of businessmen in the country's economic environment. The results of Grant Thornton's annual International Business Report (IBR) show that the...

Overseas Filipinos sent record $18.8B in ’10

2011-02-15 16:29
Philippine Daily Inquirer MANILA, Philippines—Remittances grew faster than expected in 2010 to post an all-time high as the recovery of the global economy from the recent turmoil led to growth in job opportunities abroad for Filipinos. The Bangko Sentral ng Pilipinas on Monday reported that...

Latest WB forecast puts Philippine GDP growth at 5% to 5.4% for 2011 and 2012

2011-01-14 16:24
Manila Bulletin MANILA, Philippines – The Philippine economy is projected to post a 6.8 percent growth in 2010 and a medium-term path of 5 to 5.4 percent in 2011 and 2012 grounded in remittance-supported household spending and further government support for infrastructure development. In its...

New investments seen to hit P1.9T in four years on strong FDI inflows

2011-01-09 16:20
 Manila Bulletin MANILA, Philippines – Buoyed by strong business confidence particularly from foreign investors, new investments inflow into the country are expected to reach P1.911 trillion in the next four years (2011-2014), Board of Investments managing head Cristino L. Panlilio...