The ratio was also down from the 20.8 percent seen in the same period last year. It marked the lowest in more than four years or since the 19.84 percent in December 2019.
Based on central bank data, investments and loans extended to the property sector inched up by 3.6 percent to P3.16 trillion in end-June from P3.05 trillion in the same period a year ago.
Broken down, lending went up by 7.7 percent to P2.79 trillion from P2.59 trillion a year ago. Commercial real estate loans rose by 6.1 percent to P1.74 trillion, while residential real estate loans grew by 8.9 percent to P1.04 trillion.
Denne historien er fra October 09, 2024-utgaven av The Philippine Star.
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Denne historien er fra October 09, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Rosal, Laurel, Chipman shine
National team coach Abe Rosal carded a 71 to capture the low-gross trophy while Matt Laurel took the low-net honors with a 68 in the Highlands Ladies Cup at the Tagaytay Midlands Golf Club.
Azkals return via stint in Asia 7's
The Philippine Azkals kick off their comeback tour today in the Asia 7's Championship at the EV Arena in Elmina, Shah Alam.
Concepcion keeps two-shot lead; Ababa surges ahead
ILOILO - Fidel Concepcion showcased his readiness for the bigger stage, firing a gritty 67 under windy conditions to maintain his two-stroke lead halfway through the ICTSI Iloilo Golf Challenge at the Iloilo Golf and Country Club here on Wednesday.
E-sports International keen on helping Phl sports grow
E-sports International has leveled up the playing field in an effort to help the development and growth of Filipino athletes with the construction of more football fields and sports facilities this year and beyond.
Watch out for Converge
Converge came close to making it to the PBA Governors' Cup semifinals and it took a monster performance from eight-time MVP June Mar Fajardo to repulse the FiberXers' spirited charge in the Game Five clincher of San Miguel Beer's 109-105 quarterfinal win at the Ynares Center, Antipolo, last Sunday.
Blanchett, Cuaron team up for 'Disclaimer' TV series
LONDON (Reuters) – Oscar winners Alfonso Cuaron and Cate Blanchett say their new television show \"Disclaimer\" is woven around characters that challenge audiences to suspend their judgment.
Harris drinks beer on late night TV
NEW YORK (AFP) - If Kamala Harris (in photo) wins the US election, she has made clear one change sure to come to the White House: the first president in eight years who actually enjoys a beer.
Mexico president rules out new 'war on drugs'
MEXICO CITY (AFP) – Mexico's President Claudia Sheinbaum on Tuesday ruled out launching a new war against drug cartels, as she presented a national security plan aimed at reducing raging criminal violence.
Israeli offensive in northern Gaza kills dozens
DEIR AL-BALAH (AP) – A large-scale Israeli operation in northern Gaza has killed and wounded dozens of people and threatens to shut down three hospitals over a year into the war with Hamas, Palestinian officials and residents said yesterday.
Biden begs Florida residents to flee
As Milton returns to Category 5
