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...
Manila Mayor Francisco "Isko Moreno" Domagoso could not hide his dismay following his discovery of an alleged unauthorized construction project being done on a vacant lot owned by the city government and immediately ordered the confiscation of the machineries being used there. During his...
Megawide Construction Corp. expects higher earnings in 2025 as it reported a consolidated net income of ₱436 million in the first six months of the year—slightly lower than the ₱438 million earned in the same period last year but amounting to 81 percent of full-year 2024 net income. In a...
The Department of Public Works and Highways (DPWH) is now investigating into how a construction company with only P250,000 in capital was able to corner around P5.3 billion worth of flood control projects this year. DPWH Secretary Manuel Bonoan said the agency will review the records of the...
Citing the need for classrooms conducive to learning, the government was urged to utilize partnerships between local government units (LGUs) and the private sector to accelerate the construction of cost-effective classrooms and eliminate shifting schedules for Kindergarten to Grade 3 students....
Philippine Rating Services Corp. (PhilRatings) has maintained its very strong issue credit rating of PRS Aa, with a stable outlook, for Megawide Construction Corp.’s ₱9-billion outstanding bonds. Obligations rated PRS Aa are of high quality and are subject to very low credit risk. The...
Construction firm Scheirman Construction Consolidated Inc. (SCCI) has deployed ₱129 million worth of new vehicles and heavy equipment to accelerate the company’s nationwide footprint. In partnership with Powertrac Inc. and SB Rental, SCCI unveiled its new fleet during a turnover ceremony held...
