HOLIDAY GREETINGS
Saturday, 27 December 2008

MERRY CHRISTMAS & A PROSPEROUS NEW YEAR!!!

Even if the world is in a global economic turmoil and some countries are even in a worse of situation due to political and civil strife, let us all join hands and be reminded of what we already have and grateful that we could have had less.

To give everybody an opportunity to be with their family and loved ones, the PCA offices are closed for the entire duration of the Christmas Holidays.  Like the rest of the Philippines, normal office operations resume 05 January 2009.

The Philippine Constructors Association, Inc. (PCA) its Officers, Board of Directors, Members, Chapters, Affiliates and Secretariat Staff wishes everyone a very Merry Christmas and a Prosperous New Year!
CONSTRUCTION MATERIALS OUTLOOK
Saturday, 03 January 2009

US Steel Industry, in Slump, Looks to Federal Stimulus

By LOUIS UCHITELLE
Published: January 1, 2009


The steel industry, having entered the recession in the best of health, is emerging as a leading indicator of what lies ahead. As steel production goes — and it is now in collapse — so will go the national economy.

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2009 LEADERSHIP
Saturday, 27 December 2008

2009 PCA OFFICERS, BOARD OF DIRECTORS, STANDING COMMITTEE CHAIRMEN & CONSULTANTS

In its initial Board Meeting held last 15 December 2008 at the PCA Boardroom, the new Board of Directors voted unanimously on the following:

    01.  Anthony L. Fernandez                President
    02.  Augusto F. Manalo                     First Vice President
    03   Raul M. Irlanda                         Second Vice President
    04.  Ellen Chua                                Secretary
    05.  John Bautista                            Treasurer
    06.  Filomeno Castillo, Jr.                 Director
    07.  Napoleon Co                             Director
    08.  Eric A. Cruz                              Director
    09.  Nicandro G. Linao                      Director
    10.  Ronnel S. Paclibar                     Director
    11.  Lito Pascual                              Director
    12.  Charles Sy                               Director
    13.  Lily Pio Roda                             Director
    14.  Mauro P. Sanchez                      Director
    15.  Felizardo R. Sevilla, Jr.               Director

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Financial Crisis 105
Monday, 05 January 2009

A primer on financial crisis and the Philippine economy

What’s a financial crisis? Are we in one?

The Philippine economy is not in a financial crisis.  A leading authority, Charles Kindleberger, has used a definition of financial crisis as “a sharp, brief, ultra-cyclical deterioration of all or most of a group of financial indicators – short-term interest rates, asset prices, commercial insolvencies, and failures of financial institutions.”

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