• Property and Development

  • 01.Apr
  • Manila’s U-Belt site of heritage conservation
  • MANILA, Philippines – Unknown to many, the Central University Belt or “U-belt” area in Sampaloc, Manila, is home not only to several universities and colleges but to several heritage sites as well.
    But these sites, which include the 101-year-old Gota de Leche building and the ancestral homes of famous personalities like Jose Maria Basa, a businessman […]

  • Economics and Investments

  • 11.Mar
  • QC reduces tax for micro business
  • The Quezon City government in its desire to support the development of micro enterprises in the city is now pushing for the full implementation of the BMBE Act (Barangay Micro-Business Enterprises and RA1978).
    Nathan Zulueta, consultant to the office of the city mayor said by virtue of Ordinance 1576 approved by Mayor Feliciano Belmonte, Jr. the […]

  • Management and Governance

  • 27.May
  • ‘Too much autonomy’ makes RP cities less business friendly
  • Major cities in the Philippines generally take longer to issue business-related permits and licenses compared to most cities in the world, thus constraining their growth and competitiveness, a recent study shows.
    Twenty-one cities in the country are able to authorize numerous and varying procedures in starting businesses in their jurisdictions because, according to a private sector […]

  • Other Urban Centers

  • 23.Mar
  • NUEVA ECIJA: 40% drop in index crimes reported in Ecija
  • The Nueva Ecija police recorded a total of 69 index crimes in the first quarter of the year, a 40 percent drop compared to the 116 cases during the same period last year.
    Senior Superintendent Napoleon Taas, Nueva Ecija police director, credited the drop to the strict implementation of the Mamang Pulis project of Philippine National […]

Congress body aims for a million houses

The House committee on housing is working on the immediate approval of a consolidated bill that will provide one million houses in the span of five years. Once approved, it will boost the government’s plan to […]

By asrodil

The House committee on housing is working on the immediate approval of a consolidated bill that will provide one million houses in the span of five years. Once approved, it will boost the government’s plan to address the country’s housing problem.Housing committee chairman, Oriental Mindoro Rep. Rodolfo Valencia (1st district), in a press statement said that their committee is currently considering four measures that will help solve the current backlog of 1.2 million housing units in the country.

“The country needs to build at least 61,600 housing units per month or 2,503 houses per day for the next three to five years… to catch up on the housing backlog.”

The quota, Mr. Valencia added, translates to a nationwide production and delivery of housing units at the average of 200,000 units annually, 16,666 units per month or 548 units daily.

He also said that the Housing and Urban Development Coordinating Council (HUDCC) already formed a task force to study the legislative proposals and draw the guidelines for the full implementation of the program.

Read the rest of the article in BusinessWorld Online.

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