The Philippines has been experiencing the worst heat to date. On Apr. 28, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) recorded the highest heat index yet at 53 degrees Celsius in Zambales. And this is expected to get worse, as more provinces are seen to reach the “danger” and “extreme danger” thresholds in
These days, the heat is so extreme in the Philippines that it has become dangerous. As of April 22, the Department of Health has a record of 34 heat-related illnesses due to the extremely hot weather. It’s always a risk to venture outside, and the indoors appear to be a safe haven from the hot
The Metro Manila pre-selling condominium market continues to see tepid launches and takeup. We attribute this to elevated mortgage rates and lengthened remaining inventory life. Colliers sees sizable delivery of new condominium units this year and this is likely to raise vacancy in the secondary market. Given the lukewarm pre-selling market in Metro Manila, major
As the hospitality industry contends with diverse international guests, integrating global standards becomes crucial. The consideration diversifies the clientele, mitigating the risk associated with a dependency on local or regional tourists and stabilizing business operations against market fluctuations. Economically, the impact is profound. Higher standards in hotel design and operation boost tourism significantly, leading to
When residential projects prioritize producing homes, they often overlook the need for infrastructure to support entrepreneurship. This gap can impede local economic growth and innovation, as most suburbs lack the necessary commercial spaces businesses require to flourish. In the Philippines, suburban developments typically focus on leisure amenities such as pools, parks, and playgrounds, with minimal
Mouthwatering food, heritage architecture, bargain shopping—these are just some of the things that the City of Angeles in Pampanga is known for. Once the country’s capital during the American colonial period, the city now bustles with exciting features and opportunities. In particular, the retail landscape is especially thriving, thanks to the Clark Freeport Zone and
I haven’t written much about Pampanga recently. Over the past couple of weeks, I visited Cebu, Bacolod, and Iloilo and provided market updates to our clients and property stakeholders. Last week I focused on the attractiveness of Cavite and Laguna. It’s about time I featured my home province. From the start of business process outsourcing
City living has never had more appeal than now. The convenience and good sense of residing near or even amid the places where the essentials of modern life—work, play, education, and utilities—can be had has only become more desirable over the years, especially with rising costs, transport that’s getting more time-consuming and inconvenient by the
Known as one of the country’s crown jewels in tourism, the city of Puerto Princesa in Palawan is an ideal tourist destination for anyone seeking a fun getaway. With its lush rainforests, white sand beaches, and bustling urban center, the city is best enjoyed in the summer months of April to June, when tourists can
Artificial General Intelligence (AGI) represents the pinnacle of our quest to create machines that mimic and exceed human cognitive abilities. AGI’s potential to function autonomously is its most transformative characteristic, particularly in architecture, engineering, and construction. Unlike conventional artificial intelligence, which specializes in narrow tasks, AGI can apply its cognitive prowess across diverse disciplines, allowing
