DAVAO CITY – Mindanao’s real estate sector is experiencing significant growth, driven by infrastructure development and urban expansion, the Mindanao Development Authority (MinDA) reported Monday. MinDA Secretary Leo Tereso Magno said demand for residential and commercial properties has reached unprecedented levels amid increasing business activities in the region, particularly...
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BPO Industry's Surge Fuels Office Space Demand in the Philippines The Business Process Outsourcing (BPO) sector continues to be a significant driver of economic growth in the Philippines, with its expansion markedly influencing the demand for office spaces across the nation. Current Trends in Office Space Demand In 2023, the Philippine office space market experienced substantial growt...
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Cebu Gov. Gwendolyn Garcia has issued two executive orders against Apo Land and Quarry Corp. (ALQC) in the City of Naga and Solid Earth Development Corp. (SEDC) in San Fernando town, ordering both companies to stop their quarrying operations starting at 12:01 a.m. Tuesday, Feb. 18, 2025, for 30 days. The cease-and-desist order for ALQC was the third issued against the company, while the order agai...
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MANDAUE City is enhancing its traffic management system by integrating artificial intelligence across all 14 intersections, a move aimed at transforming the city into a “smart city.” The primary reason for this upgrade is to improve the overall traffic flow, reduce congestion, and create a more efficient transportation system that can handle the growing demands of urban mobility, sa...
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CEBU CITY, Philippines — The Department of Agriculture in Central Visayas (DA-7) has set the maximum suggested retail price (MSRP) price for imported rice P49 per kilo starting March 1, a representative of the agency said. Elvin Milleza of DA-7 said during Wednesday’s January 2025 inflation dissemination report for Region 7 that this was in accordance with the directive from the DA...
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BEIJING (AP) — China’s power industry began construction on nearly 100 gigawatts of new coal plant capacity last year, the most in nearly a decade, a report from two clean-energy groups said Thursday. The development raises concerns about the ability of the world’s largest carbon dioxide emitter to meet its climate goals and threatens to undercut China’s massive expansio...
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