Megawide Construction Corp. has been ordered to pay ₱368.92 million to settle a long-standing construction dispute involving a flagship mixed-use development in Cebu, though the award represents only a fraction of the original claim. In a disclosure to the Philippine Stock Exchange, Megawide said...
Senator Panfilo "Ping" Lacson has called for an immediate investigation and filing of the necessary criminal and administrative charges against at least two members of the Philippine Contractors Accreditation Board (PCAB) for overlapping and conflicting positions as owners of construction companies...
The Commission on Audit (COA) has dismissed, due to pending Supreme Court (SC) cases, the petition for money claim filed by MTD Philippines, Inc. which sought the payment by the Calamba City government of P755,006,011.34 for the botched construction of the CALABARZON Regional Government Center in...
The Philippine Constructors Association (PCA) has warned that the move to further open the domestic construction industry to foreign contractors could displace Filipino firms, especially the small players. PCA President Wilfredo Decena issued this warning amid a projected growth in the sector...