A beloved Filipino flavor gets a crunchy new twist for every day merienda.
Some flavors feel lime home. For generations of Filipinos, banana has been a familiar favorite; it’s sweet, comforting, affordable, and easy to enjoy anytime.
Now, that beloved flavor is making its way into an exciting new merienda experience as Sucere Foods Corporation introduces Bambino Banana Cookies, a refreshed take on the classic banana cookie designed for today’s Filipino families.
With its crunchy, banana-flavored cookies, golden, flower-shaped design, and three-piece packs. Bambino Banana Cookies brings together familiarity, fun, and affordability in one convenient snack. The product is positioned as everyday merienda and baon companion for both kids and adults.
A Flavor Filipinos Already Know and Love
Banana is more than just a fruit in the Philippines; it is a familiar part of Filipino food culture. Bambino builds on this familiarity by transforming the recognizable banana taste into a crunchy cookie experience.
The flavor connects directly with core consumer associations: sweetness, familiarity, childhood, fun, and affordability.
The country’s strong banana industry also supports the opportunity. The deck cites Philippines banana production of approximately 2.31 million metrics tons, highlighting the country’s significant the country’s significant connection to the fruit.
More Than a Snack: “Every Merienda Matters.”
At the heart of Bambino Banana Cookies is a simple Filipino truth: merienda is more than just eating—it is a small everyday expression of care.
The brand’s new platform, “Every Merienda Matters,” reflects the reality of Filipino parents and providers who want to give their families something enjoyable during merienda while still being mindful of their budget.
Bambino Banana Cookies answers that need with a familiar banana flavor in an affordable cookie that families can enjoy every day.
Whether packed into a child’s baon, enjoyed during an afternoon break, or shared at home, Bambino Banana Cookies is designed to make ordinary merienda moments a little more enjoyable.
A Fresh Chapter for a Proven Favorite
The return of Bambino Banana Cookies is also a story of reinvention.
The brand’s previous banana cookie offering demonstrated meaningful consumer acceptance, particularly during its stronger commercial years. However, distribution challenges and reduced market availability eventually affected its momentum. Sucere is now building on that existing familiarity with a refreshed identity, strengthened route-to-market strategy, broader distribution, and integrated marketing support.
This time, the ambition is bigger: to make Bambino Banana Cookies accessible across more stores and bring the product closer to Filipino consumers wherever their everyday merienda happens.
The brand’s strategy aims to establish Bambino Banana as a preferred everyday merienda while building stronger long-term presence in the banana cookie segment.
Made for Everyday Filipino Moments
Bambino Banana Cookies come in a 9-gram pack containing three cookies, with a 12-month shelf life when properly stored. The product is positioned as a practical option for baon, merienda, and everyday snacking.
Its accessible format makes it easy to enjoy wherever the day takes you, from school and work to quick afternoon breaks at home.
And with its bright, playful packaging and distinctive flower-shaped cookies, Bambino Banana Cookies is designed to stand out both on the shelf and in the hands of consumers.
Putting Banana in Every Merienda
Bambino’s ambition goes beyond launching another cookie.
It is about bringing a familiar flavor back into the everyday lives of Filipino families—one small pack, one shared moment, and one merienda at a time.
“Let’s put Bambino Banana in every downline store. Every shelf. Every merienda. Every Filipino home.”
Because sometimes, the best merienda doesn’t need to be complicated. It just needs to taste familiar, feel affordable, and make the moment sweeter.
ABOUT BAMBINO
Bambino is a brand under Sucere Foods Corporation, a company specializing in chocolate and confectionery products. Through Bambino Banana Cookies, the brand seeks to bring a familiar Filipino flavor into an affordable, enjoyable, and convenient everyday merienda experience.
The PRIME Philippines’ Exclusive Presentation of the Mid-Year Property Market Report titled “The Confidence Gap: Closing the Distance Between Fear and Fact” enriched by their recent Business Confidence Survey, was held on August 5, 2026 at GreatWork, 32nd Floor, Mega Tower, Ortigas Center, EDSA, Mandaluyong City.
This media briefing was an exclusive presentation of the Philippine Real Estate Market Overview that focuses to the Industrial, Office and Retail in the business community in relation with the prevalent situation of the economy in the Phliippines and beyond.
During the event Mr. Jet Yu, Founder & CEO, PRIME Philippines, mentioned that PRIME fielded a real estate survey on the Middle East conflicts, impact, drawing directly from landlords, occupiers, and investors rather than relying on secondary market commentary.
He also mentioned that the survey reflects how respondents are adjusting net income expectations , absorbing higher operating costs from inflation, and recalibrating financial strategies in response to the shock. It also captures their broader need on portfolio activity, capital markets, and outlook.
Mr. Sean Chua, Senior Assistant Manager Research & Advisory; Sondi Tuazon, Senior Head, Tenant Representation Retail Markets; Joy Rosario, Vice President, Industrial Solutions Department; and Mervyn Valenzuela, Vice President, Tenant Representation Office Markets are one of the trusted speakers or communicators of PRIME Philippines who had shared insights of the theme or title “The Confidence Gap: Closing the Distance Between Fear and Fact”.
Fear refers to what worries the market, and Fact refers to what the data shows in the Philippine Real Estate Market in Industrial, Office, Retail and the economy of the country. With the unsold condo “inventory” (79K-81K) in NCR (2026H1), investor appetite for condos has dropped significantly due to the “condo crisis”. But the fact is 37.5% (81K) of the unsold units are ready-for-occupancy. Vacancies are concentrated in Pasay, Paranaque, and Muntinlupa. Most unsold inventory is under construction or unbuilt.
What also worries in the market is 1/3 of jobs exposed to AI displacement. The BPO sector faces the highest AI-related job risk, according to IMF. In fact, what the data shows is 2M AI-enabled BPO workers (2028 target). The BPO industry closed 2025 with revenue, up 5% year-on-year in 2025. (BPAP targets to augment the BPO talent pool to expand global capability centers.
FEAR (What worries in the market): 7.2% increased of Inflation rate (April 2026). Diesel prices rose 111% since the conflict began. Gasoline prices increased 71.6% over the same period. FACT (What the data shows): PHP 344.6 B increase in value of certified renewable projects in 2026. (BOI). Inflation pressures were also seen in Vietnam, the US, and the Eurozone. The DOE has also fast-tracked 1,471 MW of renewable energy capacity.
FEAR (What worries in the market):2.8% decrease of GDP growth, weakest since pandemic (2026Q1). Consumer confidence fell to -42% in 2026Q2. Slower growth and weaker sentiment may weigh on retail recovery. FACT (What the data shows): >90% of average occupancy of major malls (2025FY – 2026H1). Expansions are continuous for F&B, grocery, convenience, and health formats as well.
FEAR (What worries in the market): 30% decline in oil flow through Hormuz. Higher energy costs threaten industrial sector growth. Supply chain risks could weigh on logistics demand. FACT (What the data shows): 95.2% warehouse occupancy recorded in 2026H1. Over 300,000 sqm of warehouse space was completed in 2026H1. E-commerce-driven demand continues to support the sector. Pent-up demand to beef up inventories.
The 2026 PRIME Philippines compendium Survey.
PRIME Philippines asked landlords, occupiers, and developers how they are reading the market right now. Below is the preliminary results.
Market Shocks Pressure Businesses, but Net Income Impact Remains Modest.
Ongoing shocks have weighted on business performance, with 33.4% of respondents reporting declines in net income compared to 190% reporting gains, a ration of about 1.8 to 1. Gains were concentrated almost entirely among landlords and occupiers. Landlords accounted for 62.5% of all gains reported and occupiers for the remaining 37.5%, while no investors in the sample reported a net income gain. Even so, overall impact remained modest: 88.1% experienced changes of 10% or less, and only 11.9% reported substantial gains or losses.
Despite Disruptions, Stakeholders Remain Bullish on the Market
Confidence tilted toward the positive amid ongoing economic disruptions, with respondents clustering at neutral- to-optimistic scores and outnumbering pessimistic ratings by roughly four to one. Sentiment was measured rather than exuberant, peaking at slightly optimistic rather than the highest end of scale.
Confidence grows when perception is tested against evidence. This publication examines the Philippine industrial, office and retail markets to identify where uncertainty ends and informed opportunity begins. Risk. Vacancy. Uncertainty. Inflation. Evidence creates Confidence.
PRIME Philippines is the leading commercial real estate consultancy firm, founded on integrity and equipped with the most advanced technology and unparalleled industry knowledge.
PRIME Philippines moves your business forward by incorporating the most innovative solutions to your ever-changing real estate needs. A real estate consultancy firm ready to provide your business with solutions regardless of the stage you are in.
MANDALUYONG CITY, PHILIPPINES – Spartan Philippines ushered in a new era of competitive sports with the highly anticipated official launch of Spartan DEKA, held on July 28, 2028 at the Grand Atrium of EDSA Shangri-La Plaza. The momentous event introduced the rapidly growing sport of Hybrid Fitness Racing to the country, promising a world-class arena for local athletes and fitness enthusiasts.
The launch event, which drew an energetic crowd, featured a dynamic drumming performance, a roadmap presentation for 2026-2027, and a thrilling live demonstration of the 10 standardized DEKA functional fitness zones.
“For years, Spartan Philippines has been about conquering obstacles on the trails and in the mud. But the fitness world is evolving, and so are we,” said Marc Laurenze Celis, General Manager of Spartan Philippines. “For the longest time, if our athletes wanted to test themselves on a global leaderboard in this specific format, they had to book a flight and travel abroad. Not anymore. We are bringing the global standard of fitness racing right here to the Philippines.”
Unveiling the DEKA Philippines Ambassadors
A major highlight of the afternoon was the grand reveal of the first-ever Spartan DEKA Philippines Ambassadors. Carefully selected to represent the three core formats of DEKA, these six athletes embody the resilience, strength, and community spirit of the brand:
DEKA Strong (10 Zones, No Running)
Yzah Umlas: Spartan and 3x bodybuilding, an absolute master of strength, discipline, and raw power.
Alex Diaz: Beyond being one of the country’s most beloved and talented celebrities, Alex is a formidable fitness influencer, an incredibly fast Spartan racer, and a dynamic entrepreneur. He perfectly embodies the DEKA spirit, constantly proving to his audience that anyone can step into the arena, start their fitness journey, and completely redefine their limits.
DEKA Mile (10 Zones, 160m run before each zone):
Marline Capones: A relentless multisports athlete who brings unparalleled stamina and adaptability to the race course.
Coach Don Velasco (Flying Don V): Our elite triathlon champion and master endurance coach who knows the science on how to build an unbreakable engine.
DEKA Fit (10 Zones, 500m run before each zone): Elite hybrid fitness athlete Justin Hernandez and world-class Ninja OCR athlete Kaizen Dela Serna.
Kaizen Dela Serna: A world-class elite athlete for Ninja OCR, bringing explosive speed, agility, and competitive fire.
Justin Hernandez: An elite hybrid fitness athlete and coach who lives and breathes this exact style of programming and pacing.
Championing Sports Tourism with the Department of Tourism
The event also highlighted a powerful partnership with the Department of Tourism (DOT) – Office of Special Concerns, graced by the presence of Assistant Secretary Gissela Marie R. Quisumbing and Director Lyle Fernando H. Uy.
Aligning with the DOT’s “Love The Philippines” campaign, Spartan Philippines announced the upcoming introduction of the Spartan Love The Philippines APAC Ambassadors. This initiative taps international Spartan Athletes from Malaysia, Singapore, Thailand, Korea, Japan, Australia, Hong Kong, Taiwan, China, and Cambodia. These global ambassadors will serve as a bridge to encourage international athletes to travel and race in the Philippines, further cementing the country’s position as a premier destination for sports tourism.
The launch was made possible through the support of key partners, including Shangri-La Plaza and Fenix/FITIQAsia, who provided equipment for the live DEKA demonstration.
Following this successful media launch, Spartan DEKA Philippines will continue its momentum with upcoming public activations with a Deka Strong Road Show at the PhilFit Expo this August 19 to 21 leading towards the first Deka Fit Arena event at Space at One Ayala on October 3-4 where an estimate 5000+ runners will be joining.
For more information on upcoming races, the 2026-2027 roadmap, and how to get involved, follow Spartan Philippines on social media or visit their official website.
About Spartan DEKA:
Spartan DEKA is the decathlon of functional fitness, designed for all levels. It consists of 10 standardized fitness zones designed to test strength, endurance, and mobility. Because the zones are standardized globally, athletes can compete on a global leaderboard, measuring their performance against competitors worldwide.
Forged from Spartan: The Next Evolution in Fitness
Forged from the unyielding spirit of Spartan™, DEKA emerges as more than just an event; it’s the next evolution in functional fitness. Drawing on a legacy of pushing human limits, we’ve engineered a sport that’s universally accessible, objectively measurable, and fundamentally designed to empower and celebrate every level of ability – from the curious first-timer to the elite athlete. This is Spartan innovation, redefined for all.
Choose Your Challenge: Earn Your DEKA Mark
Your journey, your format. Choose your challenge, earn your “DEKA Mark,” and join a global movement:
DEKA STRONG: The ultimate test of functional strength – 10 Zones, zero running. Pure power and grit.
DEKA MILE: Where speed meets strength – 10 Zones seamlessly combined with 1 mile of total running.
DEKA FIT: The electrifying hybrid racing challenge – 10 Zones integrated with 5km of total running for the ultimate fitness test.
Bangalore, India and Manila, Philippines – On June 26, 2026, Sterling Bank of Asia has announced the bank’s decision to select Infosys Finacle Software-as-a-Service for its Next-Gen Transformation.
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), a global leader in AI-first business consulting and technology services, and Sterling Bank of Asia (Sterling Bank), one of the most progressive banks in the Philippines, today announced the bank’s decision to select Infosys Finacle Software-as-a-Service (SaaS) platform for its transformation program. Sterling Bank has opted to leverage the Finacle Core Banking, Finacle Customer Data Hub, Finacle Trade Finance, and Finacle Origination solutions for its requirements. Through this strategic collaboration with Infosys Finacle, Sterling Bank expects to enhance the experience of both employees and customers, maintain high standards of availability and reliability in its banking services, and reduce operational complexity through automation and digitization, thereby supporting its future growth.
In photo: Mr. Sriranga Sampathkumar (Vice President and Global Head of Sales, Finacle) and Mr. Cecilio “Paul” D. San Pedro (President and CEO, Sterling Bank of Asia)
With the new platform, Sterling Bank will be able to simplify management of technology operations by leveraging the SaaS-based deployment, allowing the bank to focus on strategic growth and innovation. Further, the bank will be able to drive faster innovation cycles while staying secure and compliant through access to periodic upgrades, security, and feature enhancements. In addition, the cloud-hosted model will help the bank scale seamlessly and on demand to support evolving business needs.
Cecilio Paul D. San Pedro, President and Chief Executive Officer, Sterling Bank of Asia, said, “At Sterling Bank of Asia, we aim to integrate forward‑thinking solutions into our operations to better serve the Philippine market. Achieving this requires us to continuously respond to fast‑evolving customer expectations, the accelerating pace of digital innovation, and an increasingly complex regulatory landscape. Modernizing our technology foundation for both core and digital banking is essential to realizing our goals. With Infosys Finacle, we have a trusted transformation partner and a next‑generation banking platform that will equip us to meet the dynamic requirements of our business, our customers, and the wider regulatory environment.”
Sajit Vijayakumar, Chief Executive Officer, Infosys Finacle, said, “Our collaboration with Sterling Bank of Asia is yet another example of Finacle’s growing presence in the Philippines. This partnership reflects our continued commitment to delivering next-generation solutions to thrift banking community without upfront infrastructure investments. With Finacle SaaS, tailored for the Philippine market, Sterling Bank of Asia will gain a modern, customer‑first digital banking platform to help position the bank for long‑term success.”
About Sterling Bank of Asia
Established in 2007, Sterling Bank of Asia is a savings bank dedicated to providing accessible financial solutions to commercial and retail markets. Guided by a core philosophy of “banking to a different beat,” the Bank puts clients’ needs first, partnering with individuals and corporations to manage their wealth and achieve their financial goals. Backed by experienced banking professionals and business leaders, the Bank operates 47 branches in key cities nationwide. Sterling Bank of Asia offers a comprehensive suite of products – including deposits, loans, investments, and asset management, designed to create opportunities for clients to take hold of their financial future. Visit www.sterlingbankasia.com for more information.
About Infosys Finacle
Finacle is an industry leader in digital banking solutions. We are a unit of EdgeVerve Systems, a wholly-owned product subsidiary of Infosys (NSE, BSE, NYSE: INFY). We partner with emerging and established financial institutions to help inspire better banking. Our cloud-native solution suite and SaaS services help banks engage, innovate, operate, and transform better to scale digital transformation with confidence. Finacle solutions address the core banking, lending, digital engagement, payments, cash management, wealth management, treasury, analytics, AI, and blockchain requirements of financial institutions. Today, banks in over 100 countries rely on Finacle to help more than a billion people and millions of businesses to save, pay, borrow, and invest better. For more information, visit www.finacle.com.
Media contacts
For further information, please contact: PR_Global@Infosys.com
For Sterling Bank of Asia, email: info@prosolutions.com.ph
JG Superstore has opened recently its first flagship store at SM North EDSA – the biggest Camera Store in the Philippines.
JG Superstore was started with the passion of empowering photographers, videographers, content creators and storytellers across the country, and this passion has bring them together at JG Superstore, SM North EDSA Grand Opening, held on June 03, 2026 at 3F, The Annex Building, SM City North EDSA, Quezon City.
JG Superstore, SM North EDSA is the first flagship store and the newest trusted source for camera, photo, video, audio & more in the Philippines.
JG Superstore’s mission remains to their customers, to empower Filipinos, to create more and grow further. And these means serving to the customers not only through the products they offer but also through the programs that support them beyond the purchase. JG Academy is their educational arm where customers can create opportunities for learning and upscaling the help of their experts in the industry.
JG Superstore was opened towards EDSA with a very clear direction. Bring the right products closer the customers, support the creative community, and continue innovating to create retail experience that is not only about selling but for about helping people to create, grow and move forward.
JG Superstore, SM North EDSA is its first flagship store at SM Supermalls and mall store in the Philippines.
JG Superstore, SM North EDSA Grand Opening was held on June 3, 2026 at 3F, The Annex Building, SM City North EDSA, North Avenue corner Epifanio de los Santos Avenue (EDSA), Bagong Pag-asa, Quezon City.
It’s the first flagship store in SM Supermalls and the newest trusted source for Camera, Photo, Video, Audio & more in the Philippines.
During the event, Oliver Tan and Jill Tan, owners of JG Superstore led the Christ’s Commission Fellowship (CCF)Business Dedication and Prayers of Dedication of JG Superstore, SM North EDSA.
According to Jill Tan, the grand opening of JG Superstore, SM North EDSA is a very meaningful milestone of the company as they started with very very humble beginnings. They personally talking to their customers, tacking orders and learning directly from the people they serve. That was their real experience of retail, listening to customers, understanding their needs and earning their charts one interaction at a time. Ten (10) years later, after serving their customers and the creative community. Through their e-commerce and distribution channels, they take it importance step forward as they officially opened their first mall store at SM North EDSA. This is really a major step in bringing JG Superstore closer to the people they serve, and in creating retail experience that is more personal, more useful, and more connected to the real needs of theirs customers and our community.
JG Superstore’s mission remains to their customers, to empower Filipinos, to create more and grow further. And these means serving to the customers not only through the products they offer but also through the programs that support them beyond the purchase. JG Academy is their educational arm where customers can create opportunities for learning and upscaling the help of their experts in the industry.
Jill Tan also mentioned that, as they opened JG Superstore towards EDSA , their direction is very clear. Bring the right products closer the customers, support the creative community, and continue innovating to create retail experience that is not only about selling but for about helping people to create, grow and move forward.
On June 3, 2026, they opened the JG Superstore, SM North EDSA, the first mall store and the newest trusted source for Camera, Photo, Video, Audio & more in the Philippines. But more importantly, they started their commitment to their customers, their partners and to Filipino creative communities.
George Erwin Mojica Garcia, Chairman, Commission on Elections (COMELEC), has announced recently that no move yet to revive Marcoleta probe.
George Erwin Mojica Garcia clarified that the Commission on Elections remains ready to coordinate and extend assistance to the Ombudsman regarding matters involving Senator Rodolfo ‘Marco’ Marcoleta, but stressed that, on the part of the COMELEC, the motu proprio investigation against the senator has already been dismissed.
In a recent statement, Chairman Garcia explained that the poll body has not yet discussed any possibility of reviving the case, especially since no Motion for Reconsideration (MR) has been filed before the Commission.
The statement highlights COMELEC’s adherence to due process and procedural rules, emphasizing that any further action would depend on formal legal developments rather than speculation or public pressure.
Garcia likewise reiterated the agency’s openness to cooperate with other government institutions whenever necessary, reflecting the COMELEC’s commitment to transparency, accountability, and inter-agency coordination.
While political discussions continue to swirl around the issue, the poll chief made it clear that, for now, the case remains closed on the COMELEC’s end unless new legal remedies are officially pursued.
PRIME Philippines’ 2026 Special Property Market Report, titled “BEYOND THE METRO: THE DECENTRALIZATION PLAYBOOK”, focuses on the Industrial and Offices Sectors as well as highlighting the Visayas and Mindanao markets, in response to the evolving backdrop due to the Middle East Conflict.
PRIME PHILIPPINES’ Cholo Florencia, Executive Vice President, Overview; Joy Rosario, Vice President, Industrial Tenant Representation; Mervyn Valenzuela, Vice President, Office Tenant Representation; and Ruth Coyoca, Vice President, Visayas-Mindanao, are the speakers of the media briefing that was held on May 12, 2026 at GreatWork, 32nd Floor, Mega Tower, Ortigas Center, Mandaluyong City.
The Key Macroeconomic Highlights of the Overview of Global Shockwaves, Local Impacts are GDP Driver Slowdown, Inflation Spike and Interest Tightening, Employment Decline, Credit Rating Tempering and Piecemeal Peace.
Year-on-Year GDP Growth continues to decline from 2022 to 2026 Q1. Inflation is accelerating; policy rate increases to follow from 2021 to 2026 Q1. Employment rate reaches annual post-pandemic low from 2024 to 2026 Q1. OFW remittance are expected to decline 7.8% in 2026. Credit Rating Agencies downgraded their outlook for the Philippines .
PEZA surpasses its full-year 2025 investment target. Foreign direct investments decline by 17.1% YOY in 2025. The Philippines’ purchasing power eroded at the quickest pace among the ASEAN-5.
Regardless of the war outcome, the impact is predictable. Will the ceasefire hold? Scenario 1: Peace, Scenario 2: Escalation, and Scenario 3: Uneasy Ceasefire. The General Impact include Economic Slowdown, Accelerated Inflation, Short-Term Storage Demand Spike, Wait-and-See Approach and Shift Toward Renewable Energy.
Wait and See: What Geopolitical Conflict Means for the Industrial Sector
Steady Supply Growth to 2028, Downtick in Occupancy in 2026Q1, Flight to quality for Grade A Facilities, Lease Rates Remain Stable, and Transportation Logistics Dominate Industrial Requirements are the Key Highlights for the Industrial Sector.
Batangas market recovers from dip as other provinces remain stable in relation with the Quarterly Warehouse Occupancy Levels per Major Corridor from 2025Q1 to 2026Q1.
Lease rates experienced minimal changes from 2025Q4 to 2026Q1. Wholesale/Retail demand tapered off following 2025H2 as Laguna continues to top charts for requirements. Industrial warehouse lease rates have yet to follow suit as the CMPI soars due to worldwide tensions.
Supply expansion and evolving lease strategies are expected to define the Philippine Industrial market for 2026.
Recuperation Amid Rising Competitive Pressure
Key Highlights for Metro Manila’s Office Sector include No major shocks in Q1, CBDs marginal softening, Typical Demand Drivers, Decentralization & Cost Shift, and Incoming Supply Pressure.
Occupancy in Metro Manila is expected to progress gradually while new supply enter the market. Each CBD displayed varying occupancy changes QoQ amidst minimal completions. Occupancy mostly held steady in Q1 21026 in Metro Cities (Makati CBD, BGC, Ortigas CBD, Quezon City, Bay Area, Alabang CBD).
Metro Manila CBD’s exhibited a mixed lease rate performance in Q1 2026. BGC/Makati has the Widest Rage with Ceiling Price of PHP 1,800/SQM. Alabang CBD (PHP 500 Spread)has the Tightest Range with Lowest Rate of PHP 350/SQM.
Requirements in Q1 2026 were concentrated in CBD’s attractive to BPO and Gov’t.
Office demand remains expansion-led
Leasing Behavior – Demand is driven by expansion (60) rather than relocations. Hybrid and flexible arrangements were adapted particularly by the government sector, while private firms revert to dedicated setups, treating flexibility as tranasiitonal.
Lease Terms and Preferences – Standard lease terms remain around 3 years to 5 years with some tenants preferring 5-year terms. Rising construction and fit-out costs have pushed tenants toward fitted spaces.
Market Shifts and External Pressures – Decentralization remains additive, with firms expanding beyond core CBDs. BPO growth outside Metro Manila is concentrated in established Tier 1 and Tier 2 cities, as security, infrastructure, and incentive gaps temper Tier 3 confidence. The Fuel Crisis has impacted tenant decision and deal timelines, not negotiated lease rate.
Cautious optimism shapes Metro Manila’s office market outlook for 2026.
Office supply in Metro Manila is expected to grow by approximately 2.2% by the end of 2026. Tenants are increasingly preferring fitted office spaces due to rising construction costs. Occupancy is projected to improve gradually by around 1% driven by continued BPO expansion. BGC and Makati are expected to experience stable to moderate rental growth.
Beyond the Metro: The Decentralization Playbook
What Top Developers See in VISMIN
Competitive wages and significant population growth supports long-term growth prospects. VISMIN has a growth-investment gap. 2025 PH Regional Investment Share, GDP Growth, and Total Population
Different Strokes: The Diverging Trajectories of Cebu’s Key Sectors
High leasing velocity is expected for new office developments as older developments perpetuate majority of 13.2% vacancy. Robust office pipelines are expected to accelerate 2026’s lease rate growth. Continues demand and influx of new warehouse sustain warehousing lease rate growth. The Warehouse Demand by Industry in Cebu (2025) of the 44,000 SQM include Manufacturing (28%), Transportation and Storage (27%), Wholesale and Retail Trade (25%) and Others (20%). At 2% vacancy, Cebu’s cold storage market has never been tighter.
Industrial decentralization is creating hotspots in Cebu.
From Cane to Capital: Why Major Developers are Betting Big on Bacolod
Retail giants are converging on Bacolod, with approximately 100,000 sqm of new mall space expected to enter the market within the next three years.
Solid economic fundamentals have attracted significant developer interest. GDP Growth of Highly Cities in Visayas (2024) The cities: Tacloban City (8.20%), Bacolod City (7.70%), Iloilo City (7.10%), Mandaue City (6.90%) snd Lapu-Lapu City (6.5%). National Average: 5.7% Population by Highly Urbanized City in Visayas (2024) include Cebu City (965K), Bacolod City (625K), Lapu-Lapu City (498K), Iloilo City (474K), Mandaue City (364K) and Tacloban City City (259K).
The 100,000 sqm of new retail space of Robinsons Place Bacolod, Megaworld Upper East Mall and Rockwell Power Plant Mall will be introduce within 3 yrs.
Office occupancy at 74.7% leaves a lot to be absorbed, but newer developments exhibit remarkable absorption underpinned by demand chiefly from the IT-BPM sector. IT-BPM Companies Present in Bacolod City inclide concnetrix, Transcom, pentagon, TQVS, APEXREVA, iqorCXBPO, HitRate, Next Level IT Teleservices, SERV CE FIRST, GlobalStrategic, T, ttec, and PROMINENT OUTSOURCE.
Bacolod’s warehousing quality gap keeps lease rates on the lower end.
Green All-Around: Why Mindanao is Set For Monumental Growth
Anchored by a well-established IT-BPM sector that accounts for roughly 75% of office requirements, Davao is poised to swiftly absorb the approximately 85k sqm of new office space expected to complete within the next four years.
CDO & Davao are the most fiscally productive HUC per capita in Mindanao. New office developments will break a 5-year streak of inactivity.
With a saturated downtown, an emerging uptown is sprouting. Downtown Retail Developments in Cagayan de Oro include SM CITY CDO, Gaisano Mall, Centrio Mall, Limketkai Mall, Robinons and All Home.
85k sqm of grade A office space will be introduced from 2026-2029. Davao is statistically the only landlord’s office market. IT-BPM expansion is the key driver of Davao’s office market. Office Occupants in Davao City (2026Q1) include IT-BPM (25%) and Traditional (75%) for the 284,000 SQM. Further rent segmentation will follow introduction of new developments. Davao posts one of the lowest warehouse nationwide at 2.4% with rent appreciation expected to follow. Temperature-controlled logistics have responded to rising port activity.
VISMIN markets are expected to improve, each at their own pace
CEBU – Robust office pipelines are expected to accelerate office lease rate growth beyond 2.4% and furthers segment premium vs. non-premium markets. Decentralization of newer supply is slated to create new hotspots in the Cebu Fringe, Southern Cebu, and other areas as vacancy is at its tightest.
BACOLOD – The additional 100k sqm of mall space in the next 3 years will intensify pressure against local developments. The completion of Panay-Guimaras-Negros Island Bridges will help alleviate ferry dependency and create a new industrial hotspot in Pulupundan.
DAVAO – New Grade A office completions (2026-209) amounting to 85k sqm will trigger a flight-to-quality cycle attracting new entrants into the market. Further warehouse completions are likely to delayed by rising construction cost (30%+) further prolonging the landlord’s market.
CDO – The Uptown Corridor will emerge as CDO’s primary zone for commercial growth with the influx of various township developments. Port-linked cold storage demand is expected to grow as the Mindanao Container Terminal continuous to be over capacitated and upgraded.
PRIME Philippines moves your business forward by incorporating the most innovative solutions to your ever-changing real estate needs. A real estate consultancy firm ready to provide your business with solutions regardless of the stage you are in.
REFERENCE: PRIME Philippines, PRIME Philippines Research & Advisory Group
