The Philippines is on its way to a stronger recovery as gross domestic product (GDP) is now seen to grow by 7.8 percent next year instead of the original projection of a 5.2 percent expansion, a unit of credit rating firm Moody’s said. Steven Cochrane, chief economist for Asia-Pacific at Moody’s Analytics, said the Philippines […]
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Residential end-users and investors have embraced condominium living in Metro Manila given the convenience of residing within its established and emerging business districts. Since 2012, Metro Manila has seen a steady appetite for vertical projects. The pre-selling condominium market recorded some 44,900 units of annual launches and about 45,900 units of yearly take up from […]
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The Philippine real estate industry will likely be a significant contributor to the country’s economic recovery in the post pandemic era. While some property subsectors continue to face a challenging environment amid the COVID-19 pandemic, certain segments offer bright prospects that can help boost economic activity. In a recent webinar guesting, Dr. Bernardo M. Villegas, […]
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The coronavirus (COVID19) pandemic may have made them a few billions poorer than last year but in this part of the world, they are still the wealthiest. The heirs of the late SM founder Henry Sy Sr. remain as the richest in the Philippines with a collective net worth estimated at $13.9 billion, based on […]
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