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Friday, June 14, 2024

Biz Plus

Construction materials prices continue to soften

Prices of construction materials in Metro Manila increased at their slowest pace in more than five years in May 2024, according to the Philippine Statistics Authority (PSA). The PSA’s Construction Materials Wholesale Price Index (CMWPI) for the National Capital Region (NCR) rose 0.6 percent in May, down from 0.7 percent in April and a significant drop from 6.6 percent a year ago. This marks the slowest increase since the PSA...

US Federal Reserve holds interest rates, now sees just a cut this year

WASHINGTON—The US Federal Reserve left its key lending rate unchanged on Wednesday...

EEI, CSC sign deal for pre-cast concrete supply

Construction company EEI Corp. (EEI) said Thursday it signed an agreement with...

Conversion of Kalangitan landfill seen to open 30,000 jobs

State-run Bases Conversion and Development Authority (BCDA) said 30,000 await Tarlac residents...

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QSJ Motors PH joins EVAP, launches Seres brand

The Electric Vehicle Association of the Philippines (EVAP) on Thursday announced the addition of QSJ Motors Philippines to its growing roster of members. The announcement...

SSS to help members affected by Taiwan quake

The Social Security System (SSS) said Thursday members affected by the recent magnitude 7.4 earthquake in Taiwan may avail of a calamity loan until...

New Clark City water supply up for rebidding

State-run Bases Conversion and Development Authority (BCDA) said it will relaunch the bidding process for the water project in New Clark City to secure...

P3-b oil terminal, industrial complex rising in Batangas

Lemery, Batangas is poised to become a key industrial player with the construction of a P3-billion port and industrial complex. The seven-hectare Sinisian Lemery Batangas...

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