Tag: Construction

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Gov’t reboots housing incentives amid cost surge

The government is considering a higher tax incentive ceiling for socialized and economic housing, a move seen as a bid to keep affordable homebuilding viable as construction costs continue to climb.

Construction activity picks up in March

The Philippines saw a modest rise in construction activity in March 2025, as approved building permits reached 14,973, up 3.4 percent from 14,477 in the same month last year, according to the Philippine Statistics Authority. 

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SEC warns public vs fake Facebook pages impersonating Just Smile Lending Corp.

The Securities and Exchange Commission (SEC) has issued a public advisory warning against fraudulent Facebook pages falsely claiming to represent Just Smile Lending Corp., highlighting heightened regulatory vigilance to protect consumers and legitimate businesses.

MDC wins PECCA again, showcasing high-rise expertise

Makati Development Corp. is strengthening its credentials as a high-rise construction specialist after winning the Philippine Excellence in Concrete Construction Awards overall title for the second consecutive year.

SEC defends Binance Sandbox inclusion: No immediate approval, penalties still stand 

The Securities and Exchange Commission (SEC) has clarified its decision to admit Binance Holdings Inc. as a global crypto asset exchange partner within its regulatory sandbox, stressing that participation does not grant immediate authorization to operate locally.

Metro Cebu water network partners target 15% cut in non-revenue water

Cisco has partnered with the Metropolitan Cebu Water District (MCWD) to upgrade Metro Cebu’s water distribution infrastructure through digital transformation, aiming to boost supply reliability and operational efficiency.

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