Metro Manila's condominium market has around 80,000 unsold units as high vacancy rates, buyer cancellations and financing challenges weigh on property demand. Read more »
The Philippines could face worsening drought conditions and water shortages as a Very Strong El Niño develops in the tropical Pacific, with its effects expected to persist through the first half of 2027, PAGASA said. Read more »
The Philippines is exploring a long-term energy partnership with the United Arab Emirates (UAE) that could strengthen the country's oil supply security and reduce its exposure to sudden movements in global fuel prices. Read more »
SM Supermalls is expanding its water conservation initiatives with the opening of a Rainwater Treatment Facility (RTF) at SM City Masinag in Antipolo, Rizal, as part of its efforts to promote sustainable water management and reduce dependence on traditional water sources. Read more »
Maynilad has invested nearly P10 billion in La Mesa upgrades to treat muddier raw water, expand storage and prepare for drier conditions ahead. Read more »
Iloilo is preparing a series of water security measures as the province braces for the expected dry spell associated with Super El Niño, with at least P48.75 million proposed to support preparations and emergency interventions. Read more »
