DOING business remains tough in the Philippines and easier in its Asian neighbors Indonesia, Malaysia, Thailand and Vietnam, the latest report by World Bank (WB) subsidiary International Finance Corp. (IFC) revealed. Read the rest of this entry »
Doing business hardest in construction
November 5, 2010
Government action sought: Proliferation of substandard materials worries contractors
September 13, 2010
CEBU, Philippines – The Cebu Contractors Association, Inc. (CCA) is calling on the government to act against the widespread existence of sub-standard construction materials in the market as it can negatively affect the growth of the industry. Read the rest of this entry »
Construction boom likely to hit RP within the decade
July 20, 2010
THE Philippines is likely to experience a construction boom within the decade because of the urgent need to address the country’s infrastructure constraints, according to an economist from the University of Asia and the Pacific (UA&P). Read the rest of this entry »
Construction projects surged 59.5% in Q1
July 19, 2010
MANILA, Philippines—-The value of private-sector construction projects in the first quarter of 2010 jumped 59.5 percent year-on-year to P47.3 billion, according to the National Statistics Office. Read the rest of this entry »
Constructors to Neda: Revise JV guidelines
July 18, 2010
TO promote transparency and accountability in public-private partnerships, the Philippine Constructors Association (PCA) Inc. is urging the Aquino administration to revise the joint-venture guidelines created by the Arroyo administration. Read the rest of this entry »
Construction sector bullish on growth prospects
November 30, 2009
The construction industry is optimistic about its growth prospects amid sustained activities brought by the reconstruction of infrastructure damaged by storm Ondoy and typhoon Pepeng, as well as election spending next year. Read the rest of this entry »
Housing, tourism seen to boost construction industry in 2009
November 13, 2009
The local construction industry is banking on housing and commercial projects for growth this year as companies continue to expand nationwide, a Philippine Constructors Association Inc. (PCA) official said. Read the rest of this entry »
Construction material prices up in Sept.
October 20, 2009
PRICES of construction materials in Metro Manila rose for the second consecutive month in September, hurting government and households who will undertake rehabilitation following the damage caused by typhoons Ondoy and Pepeng. The National Statistics Office (NSO) said the retail prices of selected construction materials in Metro Manila went up at a slower pace of 0.3 percent in September from 0.4 in August. Read the rest of this entry »
Construction material prices contract
July 18, 2009
PRICES of construction materials in Metro Manila contracted for a second month in June, the National Statistics Office (NSO) said. Read the rest of this entry »
Construction slowdown
June 27, 2009
The Construction Industry Authority of the Philippines, through their officer-in-charge Engr. Sonia Valdeavilla, reports a drop in growth in construction of 8.2 percent in 2008, mainly due to a drop in public construction activities and a decline in public works capital outlays. Till tax revenues increase, they expect this to continue. Read the rest of this entry »
