general

Apeco teams up with Freya Trading for on-site health center

MANILA, Philippines — The Aurora Pacific Economic Zone and Freeport Authority (Apeco) and medical device distributor Freya Trading Inc. have partnered for the ecozone’s P16.83-million health center in Casiguran town. Both parties entered into a joint venture agreement involving the Apeco Super Health Center. This is envisioned to meet future healthcare needs of locators and

general

Philippine firms turn more pessimistic in Q3

MANILA, Philippines — Businesses in the Philippines grew less confident in the third quarter, held back by the seasonal lull during the “ghost month” and the drag from US tariff headwinds, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. Consumers, however, turned slightly more optimistic, buoyed by expectations of rising incomes and improving job

general

Housing loans surge on cooling prices, lower rates

MANILA, Philippines — Home prices in the Philippines climbed in the second quarter, though at their weakest pace in more than a year, as an oversupply of condominium units dragged on the housing market and pushed developers to offer steep discounts. In turn, the slower rise in home prices, together with falling interest rates, appeared