The Department of Public Works and Highways (DPWH) announced on Monday, Nov. 3, that it is slashing construction material costs and cracking down on overpricing and corruption in government projects, potentially saving up to ₱60-B in 2026. The move follows President Marcos ' directive for...
The cost of construction materials in Metro Manila increased at a slower pace in May, the Philippine Statistics Authority (PSA) reported. The annual growth rate of the construction materials retail price index (CMRPI) dropped to 1.0 percent in May 2024 from 1.2 percent in April and 2.6 percent in...
Growth in the retail prices of construction materials in Metro Manila inched up in December last year after 16 months of decline, according to a report by the Philippine Statistics Authority (PSA). Based on the survey of seven commodity groups, the growth in the Construction Materials Retail Price...
Prices of wholesale construction materials in Metro Manila remained unchanged in November, according to a report by the Philippine Statistics Authority (PSA). Based on the Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region (NCR) report, PSA said the index remained...