TABUK CITY – The city government and the Kalinga provincial government have joined hands to finish the construction of the Gabriella Mejia Kim Medical Center (GMKMC) in Barangay Agbannawag here. TABUK City and Kalinga officials unite to finish a hospital in Barangay Agbannawag. (Tabuk City...
ILOILO CITY – Capiz Gov. Fredenil Castro has ordered the contractor of an unfinished government hospital building to finish construction or face termination of contract. A five-story structure for outpatients at the Roxas Memorial Provincial Hospital (RMPH) in Roxas City is yet to be finished 12...
CEBU City Mayor Michael Rama with President Ferdinand R. Marcos Jr. (FB photo) CEBU CITY – Mayor Michael Rama here and officials of the Megawide Construction Corp. (MCC) signed Sunday, July 31, the Supplemental Memorandum of Agreement (MOA) for the redevelopment of the century-old Carbon Market....
QUEZON -- A 63-year-old former barangay chairman was shot dead by an unidentified assailant on Friday noon at Barangay Pahinga Norte in Candelaria town. Dead-on-the-spot was Eduardo De Chavez Raymundo, businessman and former barangay chief of Pahinga Norte, according to a police report. Around 1:30...
TACLOBAN CITY – The 546th Engineer Construction Battalion of the Philippine Army based here confirmed that the construction of temporary housing facilities for victims of typhoon “Odette” last Dec. 16 in Limasawa, Southern Leyte is almost complete. According to Sgt. Randy Libradilla,...
Photo by Jordan Whitfield from Unsplash. Cement production, as important as it is to continued human development, has been getting a lot of heat due to its questionable sustainability. Fossil fuels are heavily used in cement production to bring limestone and clay to extremely high temperatures. The...
As part the Aboitiz Group’s Great Transformation, Aboitiz Construction is one of the first construction companies in the country that pursued the digitalization of its equipment on project sites. The construction works for the second phase of the LIMA Estate (LIMA) expansion is progressing...
The government lost billions of pesos in power subsidies and tax incentives to now-defunct Hanjin Heavy Industries and Construction Philippines Inc. (HHIC-Phil), the Fiscal Incentives Review Board (FIRB) said. In a statement Tuesday, June 7, Finance Assistant Secretary and FIRB Secretariat Head...
Megawide Construction Corporation’s proposed bond issue of up to P4 billion has been assigned an issue credit rating of PRS Aa with a Stable Outlook by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said Megawide plans to issue bonds worth P3.0 billion, with an...
In the Philippines, aside from sari-sari stores, bakeries, and pawnshops, one business that really thrives and lasts longer than usual is a hardware shop. In a country where do-it-yourself (DIY) has been a part of its rich culture, small family businesses served as a testament of resilience and...
Megawide Construction Corporation reported that its net loss increased to P893 million last year from P874 million in 2020 while attributable losses eased to P343 million in 2021 from P398 million. In a disclosure to the Philippine Stock Exchange, the firm said the higher loss was incurred despite...
Aboitiz Construction projects in Taganito HPAL Nickel Corporation (THPAL) and Tecnimont and JGC Philippines Joint Ventures (TJJV) recently achieved 11 million safe man-hours without lost-time injury. 78026 In line with its commitment to promote safety culture, Aboitiz Construction achieved 8.3...