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PLDT Inc. is contemplating over launching a real estate investment trust (REIT) offering, backed by its $1-billion data center business whose current property portfolio covers 10 facilities, to raise funds.

PLDT mulls over REIT route for data center arm MANILA, Philippines — PLDT Inc. is contemplating over launching a real estate investment trust (REIT) offering, backed by its $1-billion data center business whose current property portfolio covers

FILIPINOs struggling with high commodity prices are expected to continue cutting back on their spending, limiting the growth of the Philippine economy in the coming quarters, according to local economists.

Spending cutbacks to continue, say experts | Cai U. Ordinario FILIPINOs struggling with high commodity prices are expected to continue cutting back on their spending, limiting the growth of the Philippine economy in the coming quarters, according to local economists. The economists projected this scenario after the Philippine Statistics Authority (PSA) reporte...