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CCS approves Rs 19,000 cr mega Indian Navy deal for BrahMos missiles
By Ajit DubeyNew Delhi [India], February 22 (ANI): In a mega boost for the Indian Navy, the Cabinet Committee on Security has cleared the acquisition of over 200 BrahMos extended-range supersonic cruise missiles for deployment on its warships. The deal worth around Rs 19,000 crore was cleared in a meeting held on Wednesday evening, top government sources told ANI. The contract is set to be signed in the first week of Marc.....»»
Clark also being eyed as mega food complex
The Department of Trade and Industry and the Department of Agriculture have partnered with Clark International Airport to collaborate in the development of a mega food hub in Clark City......»»
Parañaque to hold mega job fair
The city government of Parañaque will hold a mega job fair on Feb. 15 as part of the celebration of its 26th cityhood anniversary......»»
P200B mega project will soon rise in SRP if …
CEBU CITY, Philippines – A “mega infrastructure project” worth over P200 billion is set to transform the landscape of the South Road Properties (SRP) in Cebu City. This is if a project of a private corporation that it proposed to the city government will be approved. READ: ‘Rotonda’ soon to be constructed along SRP.....»»
Government tackling high construction costs
The Government is focused on reducing sky-high construction costs to make it more affordable to build a home, Building and Construction Minister Chris Penk says. Stats NZ data shows the cost of building a house has increased by 41 per cent since 2019, making housing even more unaffordable for Kiwi families."Further analysis shows building costs are consistently higher.....»»
Cebu City College construction in Ramos Public Market starts
CEBU CITY, Philippines — The construction of the Cebu City College in Ramos Public Market is ongoing despite the continued operation of some vendors there. This was confirmed by Grace Arinaza, admin aide 3 of Ramos Public Market, via Sugboanon Channel’s program on Wednesday, Feb. 7. The construction of the Cebu City College was already.....»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»
Interview: ISU chief hails next generation stars rising at Gangwon 2024
GANGNEUNG, South Korea, Jan. 28 (Xinhua) -- The next generation stars in ice skating are rising at the 2024 Gangwon Winter Youth Olympic Games, chief of the global skating governing body has said. "Next-generation stars can compete [at a] global level. Just like many other sports, this is an event where we get to see the rising stars, the next generation stars," Kim Jae-youl, president of the International Skati.....»»
NCR construction materials price growth eases in 2023
Retail price growth of construction materials in Metro Manila eased in 2023 from the previous year as all commodity groups posted slower increases, according to the Philippine Statistics Authority......»»
E-motorcyles likely included in review of tax breaks – NEDA
The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»
SMC to start Bulacan airport development in 2025
Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»
Magis Eagles now in Manila to start NBTC campaign
CEBU CITY, Philippines — Cebu’s Sacred Heart School-Ateneo de Cebu (SHS-AdC) Magis Eagles will start their redemption journey in the National Basketball Training Center (NBTC) National Finals on Monday, March 18, at the SM Mall of Asia Arena. The Magis Eagles are now in Manila to redeem themselves following last year’s classic double-overtime loss, 90-91,.....»»
Metro Manila Subway project now 40% complete, says DOTr
The Philippines' first-ever underground mass transport system is almost halfway through completion after it recorded an overall project implementation progress rate at 40% as of January 2024......»»
AyalaLand Logistics to begin construction on 3 cold storages this year
AyalaLand Logistics said that it will begin construction on three cold storages in 2024, with one facility in Luzon and the other two in VisMin......»»
PH, France to start VFA talks in May
The Philippines and France might start talking formally next month about a Visiting Forces Agreement (VFA). This agreement would let their militaries do joint exercises in the Philippines. Ambassador Marie Fontanel, the top French diplomat in Manila, said at a briefing on Thursday that they’re currently drafting the agreement and getting ready for negotiations, possibly.....»»
Season 2 ng Korean hit series na ‘Squid Game’ aarangkada ngayong 2024
THE wait is over mga ka-Bandera, lalo na sa mga fan diyan ng mega-hit series na “Squid Game!” Ang ikalawang season kasi ng nasabing Netflix series ay nakatakdang i-release ngayong taon. Ang exciting news ay ibinandera mismo ng streaming service sa pamamagitan ng “Next on Netflix 2024” na inupload sa YouTube kamakailan lang. Sa nasabing.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Manila Water on track to finish sewer project in Mandaluyong this year
East zone concessionaire Manila Water Co. Inc. is making headway in the construction of Mandaluyong West Sewer Network Package 1, with completion expected later this year......»»
NLEX to start C5 connector
The concessionaire behind the North Luzon Expressway will start linking the toll road to C-5 Road by the second quarter of the year to expand access to all corners of Metro Manila......»»