Construction
Cement makers pin recovery on infrastructure spending
Philippine cement makers are banking on a pickup in government infrastructure spending to stabilize demand at about 34 million tons this year, as the industry grapples with excess capacity, high energy costs, and a weaker peso.
President Marcos says MVP Group commits P120B to elevated road
President Ferdinand Marcos Jr. said the MVP Group has committed P120 billion to build an elevated road connecting Balintawak in Quezon City to Bocaue, Bulacan, as the government seeks to expand highway capacity and ease congestion north of Metro Manila.
Samal bridge revamp advances, promising faster travel, stronger trade
The proposed restructuring of the Samal Island-Davao City Connector Project has cleared a key government review, bringing the toll-free bridge closer to final approval as officials seek to improve mobility, commerce and access to essential services in the region.
Philippines security adviser warns against substandard steel
National Security Adviser Eduardo SL Oban Jr. warned Tuesday that substandard steel is a growing national security risk, threatening lives, critical infrastructure and the country’s defense supply chain.
Philippine steel industry targets P1T output by 2040
The Philippine steel industry is targeting P1 trillion in finished steel production and 86 percent self-sufficiency by 2040 under a new industry roadmap designed to strengthen domestic manufacturing and reduce the country’s reliance on imports.
