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PHILSTAR FILE PHOTOAPPROVED building permits fell 2.7% year on year in November to 12,050, the Philippine Statistics Authority (PSA) reported on Monday.In November, approved building projects were issued to construct 3.16 million square meters (sq.m.) of floor area, down 21.6% from a year earlier.Approved permits

On Dec. 10, the Department of Finance approved and issued the Implementing Rules and Regulations (IRR) of Republic Act No. 12001, otherwise known as the Real Property Valuation and Assessment Reform Act (RPVARA). RPVARA seeks to promote just, equitable, and nationally consistent real property valuation