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Wednesday, November 6, 2024

Business

Metro Manila office rents decline as more POGOs exit

Metro Manila office and retail space rental rates continue to decline as more Philippine offshore gaming operators (POGOs) exit and new buildings are completed. JLL Philippines said in its latest office market update released Tuesday that the rental gap between headline rates and discounted rental rates remains in the double digits, with rents trailing by about 10 percent due to supply pressure and elevated vacancy levels. “Our latest data reflects a...

Power rates at spot market seen remaining stable in fourth quarter

Average electricity prices at the Wholesale Electricity Spot Market are expected to...

NEDA approves patrol car purchase, flood control projects, exhibition center

The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand...

MOHS warns against fakes

THE MOHS Analytics Inc. is warning the public against buying fake and...

Air Canada eyes new direct flight sto PH—Bautista

Air Canada plans to launch direct flights to the Philippines as it...

SteelAsia ships another 14,200 MT of steel rebars to Canada

SteelAsia Manufacturing Corp., the largest steel producer in the Philippines, shipped 14,200...

Metro Manila office rents decline as more POGOs exit

Metro Manila office and retail space rental rates continue to decline as more Philippine offshore gaming operators (POGOs) exit and new buildings are completed. JLL Philippines said in its latest office market update released Tuesday that the rental gap between headline rates and discounted rental rates remains in the double digits, with rents trailing by about 10 percent due to supply pressure and elevated vacancy levels. “Our latest data reflects a...

Power rates at spot market seen remaining stable in fourth quarter

Average electricity prices at the Wholesale Electricity Spot Market are expected to...

NEDA approves patrol car purchase, flood control projects, exhibition center

The National Economic and Development Authority (NEDA) Board, chaired by President Ferdinand...

MOHS warns against fakes

THE MOHS Analytics Inc. is warning the public against buying fake and...

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Now is the best time to buy stocks—BDO unit

Dropping share prices might keep a lot of investors in the sidelines these days, but for stock market beginners, now is actually a good...

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Alternergy Holdings Corp. and Exeter Portofino Holdings Inc. said Thursday they will jointly develop a run-of-river hydropower project in Lamut and Asipulo in Ifugao...

TC to discuss MFN tariff rates on rice, pork

The Tariff Commission is set to hear the petition of Foundation for Economic Freedom Inc. to extend the effectivity of Executive Order No. 171...

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