Condo supply, costs, borrowings constrain PH property market -- S&P

GMA Network - Oct 13, 2026

Excess condominium supply, rising costs, and expensive borrowing continue to constrain homebuyer demand in the Philippines, S&P Global Ratings Corporate Ratings Analyst Johann Tan said.

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MANILA, Philippines — The Securities and Exchange Commission (SEC) has ordered the operators of a Facebook (FB) page posing as Cash-Express Philippines Financing Inc. to stop unauthorized financing and lending activities, citing risks to borrowers’ money and personal information. The cease-and-desist order covers the persons or entities behind “Cash-Express Payday Loan,” along with their representatives, agents

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MANILA, Philippines — Philex Mining Corp. said mining operations at its mine site in Tuba, Benguet, continue despite the ongoing workers’ strike over wages. “So far, mining and processing operations have continued and remained unhampered,” the Pangilinan-led mining company said in a disclosure on Monday. READ: Silangan mine to boost Philex revenues by 2027 “Initial

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Oct 13, 2026

DTI hopes for US tariff relief; remedies noted

MANILA, Philippines — The Department of Trade and Industry (DTI) hopes to soon secure a lower US tariff rate for Philippine exports after a recent report from Washington acknowledged the government’s efforts to prevent forced labor. Currently, more than a third of Philippine exports to the United States face a 12.5-percent tariff following a Section 301

Aircraft parts maker raises stake in PH

Oct 13, 2026

Aircraft parts maker raises stake in PH

MANILA, Philippines — Less than a year after establishing a manufacturing base in a Philippine ecozone, a global aerospace parts manufacturer is expanding to Batangas, where it plans to produce components for export to markets including the United States and the United Kingdom. The Philippine Economic Zone Authority (Peza) said Global Aerospace Technology Philippines Inc. is

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Oct 13, 2026

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