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TRADE Secretary Ramon M. Lopez is seeking to retain restrictions on foreign ownership for smaller businesses in the construction sector.
CONSTRUCTION INDUSTRY growth could outperform its regional counterparts over the next decade, despite the current slowdown caused by declining investment, with growth also losing momentum when compared with the 2006-2019 period, Oxford Economics said.
THE wholesale price growth of construction materials in Metro Manila picked up in July, according to the Philippine Statistics Authority (PSA), likely reflecting the restart of major building projects after the easing of some quarantine restrictions.
THE Philippine economy is unlikely to get the much-hoped for boost from infrastructure projects this year, as the construction sector is seen to shrink by up to 9.8% amid the pandemic, according to Fitch Solutions Country Risk & Industry Research.
CONSTRUCTION COMPANIES are being encouraged to explore overseas and outsourcing projects as they try to recover from the decline in projects during the lockdown.
THE growth in retail prices of construction materials in the National Capital Region (NCR) picked up in May, the Philippine Statistics Authority (PSA) said Thursday.
THE rate of wholesale price growth of construction materials in Metro Manila eased in May, the Philippine Statistics Authority said.
GROWTH in the retail price of construction materials in Metro Manila eased in April after the lockdown depressed demand for these goods, the Philippine Statistics Authority (PSA) said.
THE wholesale price growth of construction materials in Metro Manila rose in April, albeit at a slower pace, the Philippine Statistics Authority (PSA) said on Friday.
THE GROWTH of the construction industry is expected to slow to 3.6% as most activity is concentrated in areas affected by the enhanced community quarantine (ECQ), a report said.
CONSTRUCTION starts, as measured by approved building permits, fell 3.1% year-on-year in the third quarter, dampened by reduced applications to build residences, the Philippine Statistics Authority (PSA) said Friday.
MOODY’s Investors Service has further reduced its projection for overall Philippine economic expansion, which disappointed at a four-year-low 5.5% last quarter and clocked in at the same pace in the first half against the government’s 6-7% target for 2019, even as it said “domestic demand” — especially government spending — should pick up this semester.
YUCHENGCO-LED EEI Corp. has partnered with South Korea’s Hanjin Heavy Industries & Construction Co. Ltd. (HHIC) for potential construction projects in the country.
THE cost of construction in Manila remains relatively inexpensive, according to a global index of construction costs by consultancy firm Arcadis.
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