Tag: new normal

Megaworld investing more in e-commerce

Iris Gonzales (The Philippine Star) – June 30, 2020 – 12:00am MANILA, Philippines — Megaworld, the Andrew Tan-led property developer, is investing more in e-commerce facilities to fast track the recovery of its commercial and hotel businesses. The two businesses have been affected by the coronavirus disease 2019 or COVID-19 pandemic, said Megaworld chief strategy

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Chinese buyers are here to stay

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“The Chinese buyers are here to stay,” said Salas. “We know there has been a lull in the market, but as soon as they can travel, they will continue to buy.” While the Philippines limits to 40% the number of units foreigners can buy, local laws can be circumvented by having a local company acting

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How Philippine real estate can adapt in the COVID-19 climate

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Friday, June 05, 2020 Santos Knight Frank has released a new report offering strategies for different sectors of the Philippine real estate market. The Phillippines must capitalise on the “green shoots” coming out of the industrial and logistics sector if they are to lessen the economic damage of COVID-19, according to a new report from Santos Knight

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Gov’t adds more stations to Metro Manila subway

Business World | June 2, 2020 | 12:33 am By Arjay L. Balinbin, Reporter THE Metro Manila subway will now have 17 stations, after the Transportation department decided to expand the original plan to include more stations. Transportation Assistant Secretary Goddes Hope O. Libiran told BusinessWorld the new stations will be located in East Valenzuela,

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Rich Chinese Snapping up Luxury Homes From Singapore to Sydney

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Bloomberg News May 26, 2020, 5:00 AM GMT+8 Updated on May 26, 2020, 10:04 AM GMT+8 Rich Chinese home buyers are back. Across China and in some of their familiar hunting grounds in Asia, wealthy buyers are snapping up luxury housing, in many cases to guard their wealth against anticipated inflation and a weakening yuan.

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