Construction

Dubbed as the Supplemental Listing and Disclosure Rules Applicable to a Public-Private Partnership Company, this new Philippine Stock Exchange product was launched on the trading floor with PPP Center led by its Executive Director Ferdinand A. Pecson, who rang the bell, signaling the opening of the PPP securities to investors. 

The Provincial Disaster Risk Reduction and Management Office (PDRRMO) of Surigao del Norte has released its damage assessment following the magnitude 6.7 earthquake that occurred on Feb. 10. 

Maasin City will get an alternative link to the commercial district through a 4.71-kilometer coastal bypass road with reclamation component to ease traffic woes and expand the city’s development. 

Modern housing has been shown to be associated with a reduced risk of malarial infection in children in sub-Saharan Africa, compared to more traditional thatched houses. 

A composite team from Mindanao Development Authority (MinDA) and USAID Compete Project have met with the heads of the Provincial Government of Davao Oriental to discuss the province’s laid-out plans on infrastructure development. 

House Speaker Pantaleon D. Alvarez has called on the Department of Transportation (DOTr) to fast-track the building of the Light Railway Transit (LRT) – Metro Railway Transit (MRT) common station and to consider public welfare as its priority for the project. 

Damage to public infrastructure by the 6.7 magnitude earthquake that hit Surigao Province last week was placed at P103.4 million, the Department of Public Works and Highways reported. 

Ayala Land, Inc. (ALI) continued to make progress on its 2020 growth plan, posting a net income of P20.9 billion in 2016, 19% higher than the previous year. Consolidated revenues reached P124.6 billion, 16% higher year-on-year on the back of the stable growth of its property development business, balanced with the steady performance of its leasing portfolio. 

Housing and Urban Development Coordinating Council (HUDCC) Secretary General Angel R. Ojastro III and Lucena City Mayor Roderick Alcala led the distribution of Certificates of Lot Awards (CELAs) to 335 urban poor families who had been residing in non-core properties of the Philippine National Railway (PNR) in Lucena City. 

The Clark Development Corporation (CDC) is set to embark on a new Master Development Plan (MDP) in order to usher in a new business landscape inside the country’s top economic havens.