Building permit approvals more than double in second quarter

CONSTRUCTION starts as measured by building permit approvals rose 114.1% year on year to 38,389 in the second quarter, the Philippine Statistics Authority (PSA) said Tuesday. This was the highest growth rate posted since at least 2006, according to initial data on the PSA’s OpenStat database. The approved building permits cover 7.14 million square meters […]

Analogue Records Net Profit Growth in 2021 Interim Results

HONG KONG, Aug 26, 2021 – (ACN Newswire via – Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, collectively the “Group”) (stock code: 1977), a leading electrical and mechanical (“E&M”) engineering service provider in Hong Kong with operations in Macau, Mainland China, United States and United Kingdom, today announced the interim […]

Philippine property developers commit to build 1M square meters worth of resilient structures

PROPERTY DEVELOPERS in the Philippines have pledged to construct 1 million square meters of hazard-resilient structures, either through retrofitting or new builds, the International Finance Corp. (IFC) said. In a statement Tuesday, the IFC said the developers have joined its “Building Resilience Commitment campaign.” “Commitments from Imperial Homes Corp., NEO, and SM Group have already […]

EXPLAINER: Three floors of CCMC to open for Covid surge. As councilors call P2.8-B building ‘very expensive,” list project flaws, ask for plans, other information.

TO AUGMENT the number of hospital beds for Covid-19 patients amid the third surge of infections in Cebu City, Acting Mayor Michael Rama announced at a press-con Monday, August 2, he had ordered, among others: (a) the use of Abellana National School rooms as a “mega stay-in” facility”; and (b) the opening of three floors […]

Glasstech Asia x PERAFI Webinar Series #1 concludes with much success attracting over 150 attendees online

Singapore, Jul 2, 2021 – (JCN Newswire via – Glasstech Asia aims to be the leading community that facilitates communication, learning, networking amongst industry professionals to increase business collaborations and address the latest developments in the industry, while catering to industry professionals from different sectors. As part of this effort, Glasstech Asia is pleased […]

Landlords have legal duty to monitor power use — Leechiu

LANDLORDS have a duty to comply with the energy efficiency law by monitoring monthly consumption and setting annual reduction targets, Leechiu Property Consultants (LPC) said. LPC Executive Director Lylah Ledonio said landlords stand to gain from cost savings by pursuing energy efficiency measures. “This law encourages landlords to refresh their mindset and improve their power […]

DoTr seeking bids for South Commuter Railway building and civil engineering works

THE Transportation department has started soliciting bids for the building and civil engineering works contract package of the South Commuter Railway, covering about 7.9 kilometers of at-grade and viaduct railway track structures, including an elevated station at Buendia and at-grade stations at EDSA and the Senate. The deadline for submission of bids is June 22, […]

Eisai Begins Construction of Its New Injection/Research Building at Kawashima Industrial Park in Japan

TOKYO, Mar 22, 2021 – (JCN Newswire via – Eisai Co., Ltd. announced today that, as part of one strategic investment towards the realization of its medium-term business plan “EWAY2025”, it has conducted the groundbreaking ceremony for the construction of a new injection/research building “Eisai Medicine Innovation Technology Solutions” (“EMITS”) at the Kawashima Industrial […]

City asks DITO to complete requirements for tower builds

CEBU City welcomes the third telco player Dito Telecommunity Corp., provided that the company complies with the requirements before putting up cell site towers. Cebu City Councilor Eduardo Rama Jr., information and communication technology committee chairman, said despite minimizing the requirements in putting up cell site towers as mandated by the national government, the other […]

IBI Officially Launches Building Solutions Limited

HONG KONG, Feb 19, 2021 – (ACN Newswire) – IBI Group Holdings Limited (“IBI” or the “Group”; Stock Code: 1547), a building contractor focused on providing renovation services as main contractor for property projects in the private sector in Hong Kong and Macau, has officially announced the launch of its subsidiary, Building Solutions Limited (“BSL” […]

LTFRB 7 moves to new home in Brgy. Lorega San Miguel

THE Land Transportation Franchising and Regulatory Board (LTFRB) 7 inaugurated its new office building at 103 Gen. Echavez St., Barangay Lorega San Miguel, Cebu City on Wednesday, Jan. 20, 2021. Present at the ceremony were Presidential Assistant for the Visayas Secretary Michael Lloyd L. Dino, Gov. Gwendolyn Garcia, Department of Transportation (DOTr) Secretary Arthur Tugade, […]