Construction

The Department of Public Works and Highways promised to complete the 5 kilometers missing gap at Zambales Section of the 81 kilometers Capas (Tarlac Province) -Botolan (Zambales Province) Road this November. 

The Asian Development Bank (ADB) and the Green Climate Fund (GCF) signed an Accreditation Master Agreement (AMA) that will allow ADB to access and administer GCF funds and scale up the bank’s climate financing to its developing member countries.

To stimulate economic development in the whole country, Senator Richard J. Gordon yesterday pointed to the need for a master plan that would maximize the potential of infrastructures in the country. 

Pag-IBIG Fund reported that it released P28.8 billion worth of housing loans in the first half of 2017, a 17-percent growth or more than P4 billion higher than the loans released during the same period in 2016. 

Transportation stakeholders in the public land and water transport industry unveiled a lengthy laundry list of impediments to ease of doing business, presented during an initial public consultation on modernizing government regulations.

The present Metro Manila Skyway system from South Luzon Expressway will be accessible up to President Quirino Avenue in Manila by the second quarter of 2018.

The Department of Agriculture (DA) embarks on a road network project in Zamboanga del Sur to connect remote barangays to bigger markets to raise income, productivity and competitiveness in targeted areas and spur economic growth. Under DA’s Philippine Rural Development Project (PRDP), longer road networks will be laid in the towns of Josefina, Mahayag, Molave, Ramon Magsaysay and Tukuran with …

Ayala Land Inc. (ALI) posted strong net earnings of P11.5 billion in the first half of the year as the company focused on developing projects across its 22 estates nationwide. Its income was 18% higher than the P9.7 billion it posted in the same period in 2016, driven by solid contributions from its property development and leasing businesses.

The Philippine Iron and Steel Institute (PISI) has asked the Department of Trade and Industry (DTI) Consumer Protection Group (CPG) to immediately launched a regular market monitoring and standards enforcement on steel bars being sold in Leyte and Samar now that rebuilding activities in these earthquake-affected areas are being undertaken. 

Batangas City—Mayor Beverly Dimacuha and Rep. Marvey Marino of Batangas led the groundbreaking recently of the P338-million Calumpang Bridge project, the third in the city that aims to improve the traffic situation in the area.