Construction

Hundreds of thousands of Ilocano students are now utilizing 708 new school buildings completed by the Department of Public Works and Highways (DPWH). 

The Philippine Stock Exchange, Inc. (PSE) has given its go-signal for Cemex Holdings Philippines, Inc. to conduct an Initial Public Offering (IPO). The cement producer will be offering 2.03 billion shares at a maximum price of P17. 

A Philippine-South Korean cooperation project will put up a P450-million training center in Banban, Ayungon. 

As part of its preparations for the onset of La Niña, the Metropolitan Manila Development Authority (MMDA) inaugurated two rehabilitated floodwater pumping stations in Taguig City. 

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.