The Securities and Exchange Commission (SEC) issued the final guidelines in the computation of foreign ownership, giving non-compliant firms a year to meet the new requirement.

The Cebu Contractors Association, Inc. (CCA) invites all PCA members, affiliates and guests to join the 6^th PCA Inter-Chapter Golf Tournament on June 5, 2013, Wednesday at Cebu Country Club in Banilad, Cebu City.

The Davao Contractors Association Center, Inc. (DCACI) will conduct an Authorized Managing Officers (AMO) Seminar on May 29-30, 2013 (Wednesday & Thursday) from 8:00 A.M. to 6:00 P.M. at the Garden Oasis Convention Center, Porras Street, Bo. Obrero, Davao City.

DOLE-NCR, in cooperation with the Occupational Safety and Health Center (OSHC), will hold a free training on Construction Safety among contractors in the National Capital Region (NCR) who cannot afford to undergo the Construction Occupational Safety and Health Course for Site Safety Officers (COSH).

The  Department of Transportation and Communication (DOTC) has prequalified all seven consortia that submitted bid documents for the country’s second largest airport , Mactan-Cebu International Airport. The project is estimated to cost  P 17.5 billion.

.The government considers establishing a contingent liability fund worth at least P30 billion to ensure the sustained financing of public-private partnership (PPP) project

The Department of Public Works and Highways (DPWH), recently issued its Notice of Award (NOA) to Optimal Infrastructure Development Inc., a subsidiary of San Miguel Corp. for the Ninoy Aquino International Airport Expressway Project (NAIA). SMC recently seized the deal to build and operate the 7.5-kilometer elevated Ninoy Aquino International Airport Expressway.

The Department of Transportation and Communications (DOTC) and the Light Rail Transit Authority (LRTA) shortlisted five consortia which sought to qualify for the P1.72-billion Automatic Fare Collection System (AFCS) Project.

More than 70 bags of blood were collected during the bloodletting activity spearheaded by the Corporate Social Responsibility (CSR) Committee of the Philippine Constructors Association, Inc. (PCA), in partnership with the Philippine Red Cross--Rizal Chapter on May 4, 2013, Saturday, from 8:00 A.M. to 5:00 P.M. at the PCA Office in Ortigas Center, Pasig City.

Philconstruct Visayas 2013 joins the Cebu Chamber of Commerce and Industry Inc. (CCCI) in the celebration of this year’s Cebu Business Month as it highlights the latest in building and construction.

Headed by Ms. Rosario Evangelista, the Committee on Finance and Taxation of the Philippine Constructors Association, Inc. (PCA) held a forum on Value Added Tax (VAT) on April 3, 2013, 9-12 A.M. at the PCA Office.

Philippine Constructors Association, Inc. (PCA) Treasurer Gerardo Pancho graced yesterday, February 12, the 3rd Department of Public Works and Highways (DPWH) Multi-Sector Governance Coalition Consultation/Coordination Meeting at the DPWH Operations Room, Office of the Secretary, DPWH Head Office in Manila.

Business confidence in the Philippines for the second quarter hit +54.9 percent, the highest since the Bangko Sentral ng Pilipinas (BSP) began conducting the Business Expectation Survey (BES) seven years ago.

The Department of Energy (DOE) issued the certificate of commerciality to Trans-Asia Oil and Energy Development Corp. for a 54-megawatt wind farm project in San Lorenzo, Guimaras.

An official from the International Monetary Fund (IMF) said the series of credit rating upgrades can attract investments to the Philippines but foreign ownership restrictions have to be eased for the country to maximize the opportunity.

The government is allocating P12 billion this year and P17 billion next year for the construction of roads that will link tourist destinations to major roadways.