Aboitiz InfraCapital Inc. (AIC) has closed its acquisition from Megawide Construction Corporation and GMR Airports International, B.V. (GAIBV) for the P25 billion acquisition of the Mactan-Cebu International Airport. In a disclosure to the Philippine Stock Exchange, Megawide said the transaction...
A five-person congressional delegation from the Philippines met with Guam Governor Lourdes Leon Guerrero to discuss the possible hiring of additional 10,000 skilled overeas Filipino workers (OFWs). (Photo from Pangasinan Rep. Rachel Arenas via Facebook) Pangasinan 3rd district Rep. Rachel Arenas,...
Kabayan Party-list Rep. Ron Salo, a solon who works closely with overseas Filipino workers (OFWs), says thousands of skilled construction workers are currently needed in Guam. And the best part is, this United States (US) territory just happens to prefer to hire Filipino workers. (Shivendu Shukla/...
Bamboo is known for its sturdiness and its many uses, which can range from food to furniture. At Base Bahay Foundation (BBF), it is the foundation for a secure and permanent home for many families. BBF, an non-profit, non-government organization (NGO), is a project of the Hilti Foundation,...
TIAONG, Quezon – A compactor parked near the Maharlika Highway was carted away by unidentified men on Thursday morning, Dec. 8, in Barangay Talisay here. The road equipment was owned by I.A. Bosque Construction Corp. The Sakai compactor was reported missing at 8:30 a.m. to the police....
DEGAMO (Provincial Government of Negros Oriental FB) CEBU CITY – The governor of Negros Oriental opposed plans to construct an international airport in Bacong, a fourth-class municipality in the province. Gov. Roel Degamo vowed to bring his opposition to the Office of the President. "For the...
Senator Sherwin Gatchalian has filed a bill seeking to provide construction workers with mandatory insurance coverage in consideration of the hazards they face within their workplace. In filing Senate Bill No. 821 or the proposed Construction Workers Insurance Act, Gatchalian seeks to require...
A construction worker was arrested by police for possession of a .38-caliber revolver in Pasay City on Sunday, Dec. 4. Col. Byron Tabernilla, Pasay City police chief, identified the suspect as Aniceto Julian, 54. Tabernilla said the suspect was nabbed by members of Police Sub-Station 3 around 11:30...
The Department of Public Works and Highways-Isabela Second District Engineering Office (ISDEO) is expediting the construction of the Barangay Eden-Cabaritan Bridge in San Manuel, Isabela. The bridge is expected to speed up delivery of goods and services and provide travelers a better transport...
Megawide Construction Corporation reported that its attributable net loss ballooned to P445.25 billion in the first nine months of the year, a 451 percent spike from losses of P80.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated...
The Technical Education and Skills Development Authority (TESDA) said it is eyeing to produce 4.4 million highly skilled workers in the construction sector for the next eight years. TESDA In a statement, TESDA Director General Danilo P. Cruz said they are grateful that they have partners like the...
Photo by Lisa Fotios from Pexels. Israeli designers came up with a 3D-printing machine that could print seeded soil. The machine was unveiled as part of Jerusalem Design Week 2022. The designers presented an installation that featured several structures built by their robot. With proper...
