Building permit approvals fall 1.2% in July

Building permit approvals fall 1.2% in July

APPROVED building permits dropped to a three-month low in July with high material and financing costs dampening property demand and construction starts. Citing preliminary data, the Philippine Statistics Authority (PSA) said approved construction projects numbered 15,890 in July, down 1.2% from a year earlier. The rate of decline eased relative to the 4.4% contraction in […]

Source: BusinessWorld
https://bworldonline.com/economy/2026/09/17/778121/building-permit-approvals-fall-1-2-in-july/