Manila: The Philippines is getting a new airport. It’s called the New Manila International Airport (NMIA) and it’s being built in Bulacan. But does Manila really need a new airport? The case…
Tag: Manila
Condo glut in Manila: 67,600 units waiting for buyers, would BSP rate cuts help?
Manila: Metro Manila is facing a glut of condo units – meaning there are more available than people are actively buying. A recent property market report paints a grim picture for Metro…
Manila nuclear forum: Philippines targets first nuclear power plants in 2032
Manila: The Philippines is poised to take a monumental leap into the nuclear age, with plans for its first commercially operational nuclear power plants to come online, delivering an initial 1,200 MW…
Philippine tanker carrying 1.4 million litres of oil capsizes off Manila
Manila: A Philippine-flagged tanker carrying 1.4 million litres of industrial fuel oil capsized and sank off Manila on Thursday, authorities said, as they raced to contain a spill. The MT Terra Nova…
Global rich keep luxury property prices rising as Dubai, Manila soar
That helped support prices of luxury properties, along with a rise in the portfolios of the rich as stock markets rebounded, according to property agents Knight Frank. The Philippine capital, Manila, topped…
Philippines: $2.1-billion funding for mega-bridge across Manila Bay approved
• With a total project cost estimated at $4.4 billion (245.2 billion pesos), according to Philippine inance Secretary Benjamin E. Diokno, the ADB is expected to support about half at $2.1 billion…