Construction

by Felice Rosales – The Philippine Star, 15 Sep 2021 MANILA, Philippines — The construction sector suffered a decline of about 44 percent to P276 billion last year as plans to put up new buildings and expand existing structures were held off by the lockdown.

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by Mayen Jaymalin (The Philippine Star), 26 Oct 2020 MANILA, Philippines — The deployment of Filipino construction workers abroad is going full blast, according to the Philippine Overseas Employment Administration.

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By Samuel P. Medenilla, Business Mirror, 18 Feb 2020 Construction laborers are busy putting up a call-center building on Macapagal Avenue in Pasay City. The private construction boom in the Philippines has proceeded apace the government’s “Build, Build, Build” centerpiece program to fill in a serious infrastructure gap. The Department of Finance said the previous…

Think tank’s confidential interviews reveal extent of industry problem by Philippine Daily Inquirer, 9 Jan 2020 Construction companies allot up to 35 percent of their budgets for infrastructure projects to pay off government officials and employees and prevent them from causing any further delays, a think tank said, citing confidential interviews with industry players.

By Ellson Quismorio, Manila Bulletin, Sep 5, 2019 If Construction Workers’ Solidarity (CWS) Party-List Rep. Romeo Momo Sr. is to be believed, then there’s an alarming lack of construction workers in the country that’s slowly but surely being filled by foreigners.

by Czeriza Valencia (The Philippine Star), Jun 25, 2019 MANILA, Philippines — The International Finance Corp. (IFC), the private sector arm of the World Bank Group, is pushing for the creation of a robust green buildings industry in the country because of mass market potential and the possibility of greater engagement with banks on green…

Over 2 million jobs are up for grabs as the government pushes for more infrastructure problems. However, Filipinos no longer want to get down and dirty, and would rather work in hotels abroad. by Ralf Rivas, Rappler, 7 Jun 2019 MANILA, Philippines – Philippines’ golden age of infrastructure seems to be lackluster for Filipinos. While…

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Caterpillar, for example, recently invested in Sarcos, a robotics company with a line of exoskeletons that augment human strength. By Greg Nichols for Robotics | May 21, 2018 The market for construction robots is set to grow to $166.4 million by 2023, according to new research from Markets & Markets.

By Catherine Talavera (The Philippine Star), Oct 26, 2017 MANILA, Philippines — The Philippine construction sector is experiencing a mismatch between available jobs and the required skill set as 10 million Filipinos remain unemployed, a trade official said.

by Santiago Castagnino, Michael Buehler, Ibrahim S Odeh, May 31, 2017 According to the US National Association of Homebuilders, 82% of construction companies consider their main concern to be a shortage of construction workers. Sure enough, figures show that the average age of the workforce is rising faster than ever: the UK Chartered Institute of…

By Krista A. M. Montealegre, Businessworld, Mar 30, 2017 CONSTRUCTION companies are experiencing an unprecedented “tightness” in the supply of skilled workers that threatens to derail the real estate sector’s growth momentum and the government’s ambitious infrastructure program.

By Richmond Mercurio (The Philippine Star), November 21, 2016 MANILA, Philippines – Shortage in construction workers is weighing down private building activities nationwide, real estate consultancy firm Colliers International said.

MANILA, Philippines – Construction projects in the country are seen to rise more than three times next year from this year amid improving investment and economic climate, consultancy firm BCI Asia said. In its Philippines Construction Market Outlook 2013 released yesterday, it said the value of total construction starts is seen to surge by 264…

Construction accounts for about 9% of total economic output. It is two-thirds private and one-third public. Hence, robust growing public construction coupled with an anemic (falling) private construction would likely result in a zero (negative) growth industry. In the first quarter of 2012, public construction zoomed 62.2% while private construction contracted 9.9% — overall construction…

DOING business remains tough in the Philippines and easier in its Asian neighbors Indonesia, Malaysia, Thailand and Vietnam, the latest report by World Bank (WB) subsidiary International Finance Corp.  (IFC) revealed.

CEBU, Philippines – The Cebu Contractors Association, Inc. (CCA) is calling on the government to act against the widespread existence of sub-standard construction materials in the market as it can negatively affect the growth of the industry.

THE Philippines is likely to experience a construction boom within the decade because of the urgent need to address the country’s infrastructure constraints, according to an economist from the University of Asia and the Pacific (UA&P).

MANILA, Philippines—-The value of private-sector construction projects in the first quarter of 2010 jumped 59.5 percent year-on-year to P47.3 billion, according to the National Statistics Office.

TO promote transparency and accountability in public-private partnerships, the Philippine Constructors Association (PCA) Inc. is urging the Aquino administration to revise the joint-venture guidelines created by the Arroyo administration.

The construction industry is optimistic about its growth prospects amid sustained activities brought by the reconstruction of infrastructure damaged by storm Ondoy and typhoon Pepeng, as well as election spending next year.

The local construction industry is banking on housing and commercial projects for growth this year as companies continue to expand nationwide, a Philippine Constructors Association Inc. (PCA) official said.

PRICES of construction materials in Metro Manila rose for the second consecutive month in September, hurting government and households who will undertake rehabilitation following the damage caused by typhoons Ondoy and Pepeng. The National Statistics Office (NSO) said the retail prices of selected construction materials in Metro Manila went up at a slower pace of…

PRICES of construction materials in Metro Manila contracted for a second month in June, the National Statistics Office (NSO) said.

The Construction Industry Authority of the Philippines, through their officer-in-charge Engr. Sonia Valdeavilla, reports a drop in growth in construction of 8.2 percent in 2008, mainly due to a drop in public construction activities and a decline in public works capital outlays. Till tax revenues increase, they expect this to continue.