DoubleDragon tops off Quezon City’s largest hotel as global expansion accelerates
By Manila Bulletin Newsroom | July 17, 2026 01:15PM DoubleDragon Corp. completed the structural framing and topmost floor of its 702-room Hotel101-Libis project on Friday, July 17, marking a key milestone in the property developer’s aggressive domestic and international hospitality expansion. The topping-off ceremony for the project, located within Robinsons Land Corp.’s Bridgetowne Estate development, […]
LGSF program allots funds for improvement of green spaces in Davao Region
By Rudolph Alama | Philippine Information Agency | July 17, 2026 DAVAO CITY – The Local Government Support Fund (LGSF) is supporting the construction and improvement of parks and public open spaces across the Davao Region. For Fiscal Year 2024, seven Green Green Green (GGG) projects are being implemented in the region, while three more […]
Hanwha Philippines Shipyard Selected as Builder for U.S. ‘Golden Dome’ Project Vessels
By Chae June | Star News Korea | July 19, 2026 Hanwha Philippines Shipyard has been selected as the shipyard to build vessels supporting the ‘Golden Dome’ missile defense system. The Philippines shipyard will carry out the related project together with Tot Services, a ship construction management company. On the 17th (local time), the U.S. […]
US DFC eyes investments in Philippine transport, energy, mining
By Louella Desiderio | The Philippine Star | July 12, 2026 12:00AM MANILA, Philippines — The US International Development Finance Corp. (DFC) is looking at potential investments in the Philippines in the areas of transport infrastructure, energy and mining under its $205 billion investment program. In a virtual briefing, US DFC chief policy officer Caroline […]
Megawide plans special dividend after CREC stake sale
By James A. Loyola | Manila Bulletin | July 13, 2026 12:00AM Saavedra-led engineering and housing firm Megawide Construction Corp. is aiming to declare a special cash dividend after it generated ₱4.5 billion from the sale of a nine-percent stake in Citicore Renewable Energy Corp. (CREC). “The second half of this year will be exciting […]
PSA reports hike in price of construction materials
By Justine Xyrah Garcia | Business Mirror | July 14, 2026 THE wholesale price of construction materials in Metro Manila continued to rise in June, according to the Philippine Statistics Authority (PSA). The Construction Materials Wholesale Price Index (CMWPI) in the National Capital Region (NCR) rose by 2.9 percent in June, slightly faster than the […]
Aboitiz unit plans ₱8.4-billion wind power plant in Ilocos Norte
By Gabriell Christel Galang | Manila Bulletin | July 14, 2026 01:35PM Aboitiz Power Corp.’s renewable energy arm plans to build a ₱8.4 billion wind farm in Ilocos Norte, expanding its clean energy footprint as the government pushes to transition away from fossil fuels. Based on documents submitted to the Department of Environment and Natural […]
Philippines opens new port facility in Camiguin
Splash Ports | July 15, 2026 The Philippine Ports Authority has opened a new light craft landing station at the Port of Benoni on the island of Camiguin. The facility is designed to improve the handling of smaller commercial vessels and strengthen maritime links between Camiguin and neighbouring islands. The project includes a dedicated landing […]
Philippine Growth Slows Sharply in Q3 as ‘Shocking’ Corruption Scandal Dents Confidence
By Mikhail Flores and Karen Lema | Reuters | Nov 6, 2025 MANILA (Reuters) -The Philippines’ economic growth slowed sharply in the third quarter, missing market expectations, as a “shocking” corruption scandal linked to government infrastructure projects hammered consumer and investor confidence. Gross domestic product grew 4.0% in the third quarter from a year earlier, […]
IBON: PH growth slows to 14-year low as public construction contracts by 26%
By Edison Joseph Gonzales | Bilyonaryo News Channel | November 9, 2025, 3:20PM The Philippine economy expanded at its slowest pace in 14 years in the third quarter, as a sharp drop in public construction revealed the fragility of the country’s recent growth, according to the research group IBON Foundation. Gross domestic product rose 4 […]