Construction

The Department of Public Works and Highways (DPWH) recently built a protective slope structure intended to safeguard the riverside of Barangay Culat in the Municipality of Casiguran, Aurora, from potential flood risks. This P49-million flood control project spans 266.10 linear meters, completed with sheet piles, grouted ripraps, and ramps with concrete pavement. According to a report to DPWH Secretary Manuel …

By Jinky Jorgio Citing their significant role as partners for development,  the Bases Conversion and Development Authority (BCDA) recently commended at least 43 landowners in Pampanga for sharing their property for the implementation of the Subic-Clark-Manila-Batangas (SCMB) railway project. BCDA OIC-Senior Vice President Richard Brian M. Cepe, representing President and CEO Joshua M. Bingcang, distributed 68 Transfer Certificate of Titles …

Megaworld Corporation’s leisure subsidiary Global-Estate Resorts, Inc. (GERI) is investing an initial P5 billion to develop a 117-hectare integrated lifestyle community in the highlands of Cagayan de Oro City. In a joint disclosure to the Philippine Stock Exchange, Megaworld and GERI said the property is located along J.R. Borja Road in the highlands of Barangays Gusa and Indang, overlooking Downtown …

Defense Secretary Gilbert Teodoro Jr. has reiterated the government’s thrust of boosting the country’s defense capabilities by establishing a naval base in Misamis Oriental. Teodoro, who visited the province last week, said the facility to be established in the government’s Phividec Industrial Estate would become the center of Philippine Navy operations in Mindanao. He added that similar naval installations would …

Vietnam’s parliament approved laws on data protection and electricity, as well as a resolution supporting a $67-billion high-speed rail project on Saturday, the last day of its twice-yearly regular session. The railway, Vietnam’s most ambitious infrastructure project, is to run from the capital Hanoi to the southern business hub of Ho Chi Minh City.  The 1,541-kilometer (958-mile) project is expected …

Metro Retail Stores Group Inc., the listed retail company of the Gaisano Group, is revisiting its network expansion plan and strategies to adapt to the changing preferences of Filipino consumers. Metro Retail chairperson Sherisa Nuesa said for next year, the company is looking to add 12 more stores in its network with a budget of around P5 billion to P10 …

By Jinky Jorgio President Ferdinand R. Marcos Jr. expressed optimism that the Universal Robina Corp.’s (URC) 10-hectare flour milling plant in Sariaya, Quezon would fuel economic growth, saying he expects it to shape the future of the Philippine food industry. “With this new plant, the URC has positioned itself as a key player in our nation’s food security, driving economic …

Double Dragon Properties Corp., a joint venture between billionaires Injap Sia and Tony Tan Caktiong, has issued the third batch of Golden Visas to unit owners at its Hotel 101-Madrid property, marking a significant milestone in the company’s expansion strategy. This follows the earlier issuance of two batches, demonstrating growing demand for Hotel101 units as a preferred investment option for …

Meralco PowerGen Corp.-led PacificLight Power Pte Ltd. (PLP) has submitted a bid to Singapore’s Energy Market Authority for the construction of a 600-megawatt (MW) combined cycle gas turbine (CCGT) power plant, officials said. The tender, submitted on Nov. 1, is under evaluation, with a decision expected by the end of 2024 or early 2025, PLP and Meralco PowerGen officials confirmed. …

The National Grid Corp. of the Philippines (NGCP) said that it has energized the 230-kilovolt (kV) Cebu-Bohol interconnection project (CBIP), which will address growing power demand in Bohol. In a statement last week, the grid operator said that the transmission project will play “a crucial role in improving transmission services and grid stability in the Central Visayas.” “It will also …