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BusinessWorld

Approved building permits fall 6.8% in April

By Heather Caitlin P. Mañago, Researcher Building permit approvals fell by 6.8% in April, dragged by weaker residential construction and developers’ caution amid high borrowing and construction costs, the Philippine Statistics Authority (PSA) reported. Preliminary data showed building projects covered by the permits totaled 13,677 in April from the revised 14,676 a year earlier. The […]

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Source: bworldonline.com

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