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Retail spaces vacancy seen rising 17% next year

Due to more mall spaces in 2024 As more retail spaces are built in the third quarter of the year, experts from real estate and investment management firm Colliers have forecasted vacancy rate to further rise to 17 percent next year from 14.l4 percent in the first quarter this year …

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Multi-specialty hospital in Clark secures P1-B funding

MASTERPLAN. The Clark Multi-Specialty Medical Center will soon to rise in Clark Freeport Zone. The hospital will house specialty centers for heart, kidney, cancer, and children. (Screengrab from PCCI Facebook livestream)  MANILA – Clark Development Corporation (CDC) president and chief executive officer Agnes Devanadera said Thursday the multi-specialty medical center in Clark Freeport Zone …

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Oil giant Chevron agrees to buy rival Hess for $53B

Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.  Second major deal in U.S. oil industry this month. Chevron is buying Hess Corp. for $53 billion and it’s …

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