Saavedra-led Megawide Construction Corp. is firming up its balance sheet after parent company Citicore Holdings Investment Inc. (CHII) and sister company Citicore Power Inc. (CPI) paid back ₱9.4 billion for advances made by the engineering firm in 2016. In a disclosure to the Philippine Stock...
Sen. Paolo “Bam” Aquino IV said he is confident that his proposed Classroom-Building Acceleration Program (CAP) Act, or Senate Bill No. 121, will help speed up the construction of classrooms in public schools and significantly reduce the backlog. If enacted into law, SB No. 121, Aquino said,...
Wawao Builders and SYMS Construction, contractors behind flood control projects in Bulacan, were slapped with a lifetime ban in participating in any government projects, the Department of Public Works and Highways (DPWH) disclosed on Thursday, Sept. 4. DPWH Secretary Vince Dizon announced the...
Senator Panfilo “Ping” Lacson on Thursday, September 4 said he strongly supports a complete overhaul of the Philippine Contractors Accreditation Board (PCAB), the agency responsible for accrediting contractors, following allegations of corruption in government flood control projects. Lacson...
The Department of Education (DepEd) is seeking P928.5 billion for its 2026 budget—a near-trillion-peso proposal that would fund new classrooms, additional teachers, and nationwide learning recovery initiatives. If approved, the budget would mark one of the largest single-year allocations in...
The Department of Education (DepEd) announced on Wednesday, September 2, that it is studying a historic policy shift that would allow local government units (LGUs) to directly participate in classroom construction—marking a potential departure from the long-standing reliance on the Department of...
Aboitiz Construction has completed the design and construction of the new berth of DICT Bulk Terminal, Inc. (DBTI), a joint venture between the Floirendos’ Davao International Container Terminal, Inc. (DICT) and Philcement Corp. of Phinma Corp. Located in Panabo City, Davao del Norte, the...
The Discaya family 's legal counsel maintained his clients ' innocence and transparency in purchasing multiple luxury vehicles following the Bureau of Customs ' (BOC) raid on the family 's residence on F. Manalo Street in Pasig City -- which also serves as the headquarters of...
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...
Senator Panfilo “Ping” Lacson on Friday, August 29 said the Philippine Construction Accreditation Board (PCAB) should take an active role to address allegations of “accreditation for sale” in the flood control and other infrastructure projects in the country. Lacson made the...
The Department of Education (DepEd) is rallying support from both the public and private sectors to help bridge the country’s classroom shortage through a collaboration that enables Filipinos to contribute to school-building efforts with their everyday purchases. “Let us keep planting these...
Manila Mayor Francisco "Isko Moreno" Domagoso challenged Manila 3rd District Rep. Joel Chua to reflect on what is right and wrong following the discovery of an unauthorized construction project on a vacant lot owned by the city government on Thursday, Aug. 21. During a media briefing at the city...
