Construction

Sen. Cynthia Villar is appealing to the incoming Duterte administration to not pursue the proposed reclamation of Manila Bay as a site for a new international airport. 

The Asian Development Bank (ADB) and Germany-based Munich Re have signed an agreement on a $250-million cover to help the ADB’s Trade Finance Program expand support for trade in developing Asia. 

The Philippine Stock Exchange Inc. (PSE) approved the listing application of Golden Haven Memorial Park Inc., a developer of memorial parks and columbarium facilities. 

An official from one of the Asia-Pacific Economic Conference (Apec) member-economies has announced the adoption of the Ningbo Initiative at the Apec High-Level Urbanization Forum 2016, which seeks region-wide partnerships to promote inclusive and sustainable urbanization policies. 

Shang Properties Inc. (SHNG) celebrated its silver anniversary as a listed firm with a special bell-ringing ceremony at the Philippine Stock Exchange (PSE). 

Global private infrastructure investments in 2015 mostly remained steady at $111.6 billion when compared with that of the previous year, new data from the World Bank Group’s Private Participation in Infrastructure Database revealed recently. 

The Multi-Year Obligational Authority (MYOA) for the construction of the proposed National Economic and Development Authority (Neda) central office building from 2017 to 2020 has been issued, according to the Department of Budget and Management (DBM). 

In the light of the recent Group of Seven (G7) Summit in Ise-Shima, Japan, the Japan International Cooperation Agency (Jica) reaffirms stronger development cooperation initiatives in the Philippines. 

The Mindanao River Basin Management Council (MRBMC) Core Group has called on joint planning and collaborative efforts to solve problems of interconnectivity of priority projects. 

The Department of Public Works and Highways (DPWH) has partnered with the United States Agency for International Development’s (Usaid) Water Security for Resilient Economic Growth and Stability (Be Secure) project to come up with a website that will turn the DPWH’s current stream-flow data sets into digitized ones for use in incorporating measures for flood mitigation and management.