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DM Consunji bags P3.5B worth of contracts in Q3

DM CONSUNJI, Inc. secured contracts amounting to P3.5 billion in the third quarter, mostly to develop residential condominium projects. In a statement issued over the...

Gov’t infra spending rises 15.4% boosted by DPWH

GOVERNMENT infrastructure spending and other capital outlays grew 15.4% in the third quarter as public works projects picked up momentum, the Department of Budget...

Construction worker shortage ‘about 2.5M’ – DTI

THE construction industry estimates that it will need 2.5 million more workers to deal with the government’s infrastructure program, a Department of Trade and...

Cemented contributions

According to Oxford Business Group (OBG), the effects of the sustained economic growth of the Philippines have been obvious in the construction industry, which...

Wilcon Depot planning venture into e-commerce

HOME IMPROVEMENT and construction supplies retailer Wilcon Depot, Inc. is planning to venture into e-commerce, alongside plans to open more stores outside of Metro...

Gov’t to ease foreign cap in construction

THE GOVERNMENT is looking to allow foreign contractors to take on public construction projects under a more liberal Foreign Investment Negative List (FINL) in...

Moody’s keeps Philippines grade but flags risks

By Melissa Luz T. Lopez, Senior Reporter MOODY’s Investors Service kept its rating on the Philippines yesterday, even as it flagged local political developments and...