Tag: Construction

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Gov’t reboots housing incentives amid cost surge

Economy Context.ph Context.ph -
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

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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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Philippine inflation eases as transport costs cool prices

Economy 0
Philippine inflation slowed for a second straight month in July, reinforcing expectations that price pressures are gradually easing even as households continue to grapple with elevated costs for food, electricity and transport.

VinFast EV rentals cut costs for aspiring TNVS drivers

Transport & Logistics 0
VinFast Philippines and Green GSM Philippines are positioning their Rentapasada program as a lower-cost path into the ride-hailing business, using electric vehicles to reduce both the upfront investment and day-to-day operating expenses that often discourage aspiring TNVS drivers.

Globe rides data, GCash strength despite lower profits

Corporate 0
Globe Telecom shrugged off a tougher economic backdrop to post record second-quarter revenues, with surging demand for mobile data, fiber broadband and enterprise digital services cushioning an earnings decline due largely to one-off items.

Bribery tops Filipinos’ impeachment concerns in OCTA survey

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Bribery has emerged as the impeachment allegation against Vice President Sara Duterte that Filipinos consider the most serious, according to the latest nationwide survey by OCTA Research. The findings suggest the public distinguishes among the allegations rather than viewing the impeachment case as a single political issue.

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