CHARISSA MAE NEMIS

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THE Philippines can be considered a negligible market despite being one of Asia’s fastest-growing economies and liberalization could be a means of achieving further expansion. The first half’s 6.4 percent growth has been described as just behind perennial regional powerhouse China, outpacing other stalwarts such as Vietnam and India. While…

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Philippine industries will have to welcome artificial intelligence (AI) to improve their services and compete but this could lead to workforce disruptions, the head of an international property consultancy firm said on Thursday. AI adoption could surge in the Philippines within the next five to 10 years as it recently…

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Insurance firm Pru Life UK on Tuesday said it would be offering a balanced fund expected to provide wider access to investment opportunities in the Asia-Pacific region. “You’ve got a slew of sectors across Asia that are cheap, just waiting like cherries waiting to be plucked. [So] that’s what we’re…

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PROPERTY developer Filinvest has started construction of Studio City Tower 5, an addition to a condominium complex that it is developing in Filinvest City, Alabang. The 450-unit condominium targets the working millennial market, as its location is also home to several business process outsourcing (BPO) offices, leisure and education centers.…

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GLOBAL Ferronickel Holdings Inc. (FNI) said on Thursday that the mineral resource estimate of its subsidiary Platinum Group Metals Corp. (PGMC) had increased by 3.8 million dry metric tons (DMT) following the completion of drilling activities at Cagdianao (CAGA) deposit areas 2 and 3 in Surigao del Norte. In a…

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PROPERTY developer Megaworld will build the P3-billion regional corporate headquarters of New York-listed financial data firm Factset in Fort Bonifacio after signing a long-term lease deal with the US company in New York a few weeks ago. The 17-storey building, to be completed in 2020, will offer 48,000 square meters…

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PROPERTY developer SM Development Corporation (SMDC) on Tuesday launched the three-tower Green 2 Residences project in Dasmariñas, Cavite as the latest addition to its portfolio of “university town” developments. The project is located near three of Dasmarinas’ most populous universities—De La Salle University Dasmariñas, De La Salle Health Sciences Institute,…

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Outsourcing activities may have slowed in Metro Manila but the industry continues to expand in Iloilo City, Colliers International Philippines said. “Demand for office space in Iloilo has been driven by the business process outsourcing (BPO) industry. While demand in Metro Manila has slowed, Iloilo remains an expansion hub for…

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PROPERTY developer DMCI Homes is scheduled to turn over the 45-storey South Tower of its Zinnia Towers project in North Edsa, Quezon City this December. The South Tower, an addition to the fully operational 40-storey North Tower, will complete the 1.9-hectare development which started construction in May 2016. The development…

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