News

BIZ BUZZ: BDO deemed most valuable PH bank brand

What is the most valuable bank brand in the Philippines? According to a new report from London-based global brand valuation consultancy Brand Finance, it’s BDO Unibank, with its brand value estimated at $2.5 billion, up 14 percent from last year. This means that if the country’s largest bank were to sell just its brand—excluding operations and other assets—]it would c...

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Resilient Housing in the Philippines, in the Era of COVID-19

  Pembo, an informally-built community in Manila, where Build Change is working with families to protect their homes from the threat of earthquakes and typhoons. Even as our schools, streets and open spaces empty, time does not stand still. On June 1st the hurricane season will officially start in the Atlantic. Between approximately July and November, typhoons will develop and...

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Dark days are coming for US commercial real estate and the banks holding the loans

The banking worries in the US this week were triggered by: New York Community Bancorp cutting its dividend on higher capital rules and commercial strain A Japanese bank reporting unexpected losses on US commercial real estate Deutsche Bank highlighting losses on US commercial real estate Despite all the economic data this week, it was those headlines that left US 10-year yields 14 b...

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Phuket real estate breaks records, welcomes pioneering green development ‘Gardens of Eden’

The property market in Phuket is deemed the leading destination for luxury real estate development and investment in 2023, reported The Phuket News, citing data from Colliers International.  Phattharachai Thaweewong, the director of research and communications at Colliers International Thailand, revealed that the emergence of luxury villas and condominiums in the Bang Tao area on the...

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How to Get Started in Real Estate Investing: Tips for Beginners

How to Get Started in Real Estate Investing: Tips for Beginners Real estate investing can be a profitable and rewarding way to grow your wealth, but it can also be intimidating for beginners. Here are some tips to help you get started in real estate investing: Educate yourself: Take time to learn about real estate investing and the different strategies available to you. You can read books, a...

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Home prices rise further in Q3

MANILA, Philippines — Home prices rose further, although at a slower pace, in the third quarter last year as high interest rates continued to increase monthly housing costs, according to the Bangko Sentral ng Pilipinas (BSP). The central bank’s Residential Real Estate Price Index (RREPI) rose by 12.9 percent to 167.7 in the third quarter of 2023 from 148.6 in the same quarter in 202...

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