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Cement sales rise 6.6% in 2016

By Richmond Mercurio (The Philippine Star) Updated February 28, 2017 – 12:00am MANILA, Philippines – The local cement industry finished 2016 with higher sales despite a slowdown in the fourth quarter due to unfavorable weather conditions. The Cement Manufacturers Association of the Philippines (CeMAP) said cement sales last year rose 6.6 percent to 25.96 […]

PPA says options open for Sasa port

By Imee Charlee C. Delavin Posted on February 28, 2017 THE GOVERNMENT is still open to “any privatization” option for the Sasa Port redevelopment after the project is withdrawn from the list of public-private partnership (PPP) projects approved by the previous administration’s National Economic and Development Authority (NEDA) Board. The Philippine Ports Authority (PPA) […]

New timeline for reg’l airports PPP released

By Louella Desiderio (The Philippine Star) Updated February 28, 2017 – 12:00am MANILA, Philippines – The Department of Transportation (DOTr) has released the indicative timeline for the development, operations and maintenance of the P108 billion regional airports project under the public-private partnership (PPP) program, with the submission of qualification documents scheduled in April, and […]

P321-M coconut processing plant to rise in Palawan

By: Roy Stephen C. Canivel Philippine Daily Inquirer 12:07 AM February 28, 2017 Lionheart GPPAC Farmers Corp. will soon build a P321-million coconut processing plant integrated with a hybrid coconut plantation in Palawan, the Board of Investments (BOI) said on Monday. In a statement, the BOI said the project was approved under the Investment […]

Century Properties targets first-time homebuyers

By Keith Richard D. Mariano Posted on February 28, 2017 CENTURY PROPERTIES Group, Inc. is launching its residential line catering to first-time homebuyers within the second quarter, as it expands its portfolio consisting mostly of luxury and mid-priced condominiums in Metro Manila. The listed property developer made the announcement about three months after partnering […]

ArthaLand taps foreign partners for premium Cebu office building

By Iris Gonzales (The Philippine Star) Updated February 28, 2017 – 12:00am MANILA, Philippines – ArthaLand Corp. has signed agreement with China Railway Dongfang Group and Knusford Berhard of Malaysia for a $166 million engineering, procurement and construction contract for its  38-story Cebu Exchange Project. China Railway and Knusford will form a joint venture […]