MANILA, Philippines - Soured loans of universal and commercial banks as a proportion of their total loan portfolio continued to fall in May as more good loans were extended and lesser bad ones were incurred, data from the Bangko Sentral ng Pilipinas (BSP) showed.Non-performing loans (NPL) ratio fell

MANILA, Philippines—Dutch financial giant ING is “bullish” on four Philippines asset classes: property, main index stocks, peso and fixed income, as the country is seen entering a new phase of higher-trend growth and investor confidence.In a press briefing on Wednesday, ING chief economist and

GROWING investor confidence in the country was recently affirmed by the improved ranking of the Philippines in the 2012 Global Real Estate Transparency Index, a biennial Jones Lang LaSalle (JLL) worldwide survey that assesses transparency in 97 real estate markets by weighting 83 different factors.T

Credit now just a notch below investment gradeThe Philippines’ image got a boost Wednesday after Standard & Poor’s (S&P) raised the country’s credit rating by a notch, citing the government’s declining debt burden and other favorable developments on the economic front.S&P, one of the major i

The growth of the local real estate sector over the past few years was likely the fastest pace the country has ever experienced. “This has raised concerns for both optimists and skeptics as to where this growth is eventually headed,” real estate consultant Pinnacle Real Estate Consulting Service

For a brokerage company like Pinnacle Real Estate Consulting Services Inc. (Pinnacle), the way they enhance the value of their clients’ investments reflects their attitude towards business hurdles. Here's how Pinnacle managed to pave their way to being MyProperty.ph's Brokerage of the Month this J

The Philippines is emerging as a favored investment destination of large multinational corporations seeking to diversify their global manufacturing operations as factory costs rise in China, an official of investment banking giant BofA Merrill Lynch said.James Quigley, New York-based executive vice

Well, people will now have to think twice before mocking Pinoys' use of the English language. The Philippines was named the world’s best country in business English proficiency, even beating the United States, according to a recent study by GlobalEnglish Corporation. GlobalEnglish has rele

MANILA, Philippines - Environment and Natural Resources Secretary Ramon Paje said yesterday the government should stop selling lands in Baguio City and Boracay Island to protect the environment. “The government can only promote public welfare in lands that it owns. Once sold to the private sector

The Professional Regulation Commission (PRC) announces that 3,192 out of 4,801 passed the Real Estate Broker Licensure Examination given by the Board of Real Estate Service in Manila, Baguio, Cagayan de Oro, Cebu, Davao, Iloilo and Legazpi this March 2012.The members of the Board of Real Estate Serv