Page 39 - Construction Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Presale projects and newly completed houses last quarter declined 2.8 percent from a year earlier to NT$273.29 billion (US$9.42 billion), despite stable sales, as the market is assimilating to unfavorable policy measures, the Chinese-language Housing Monthly (住展雜誌) said yesterday. The NT$8 billion retreat came as a surprise to explosive growth expectations previously fueled by intensive land plot sales and building permit issuances, the magazine said. The disappointing result was likely due to a shift in sentiment after the central bank last month raised interest rates by 50 basis poin...

“We think this is going to be a continued addition to the demand that we see down in the city,” said company President Richard Kuhn.

Supreme Court (File photo) MANILA - The Supreme Court (SC) has dismissed a Tagaytay City judge for irregularities in ruling on a property case. The high court found former Judge Edwin Larida Jr. of Tagaytay City Regional Trial Court Branch 18 guilty of grave misconduct and gross ignorance of the law. He was ordered dismissed from service with forfeiture of retirement benefits and with prejudice against re-employment in any branch of government. "His act of issuing a falsified decision raises a serious question on his competence and integrity in the performance of his function as a magistr...

The Dallas-area public transportation system has settled a long-running dispute with a construction company that alleged it incurred $37 million in unnecessary costs during a light rail expansion project, according to state court filings.

Taiwan Suffers New Blackout. Another massive blackout hit major cities in Taiwan on the morning of March 3, causing disruptions in the capital Taipei, Hsinchu, and Kaohsiung in the south. State-run