PSA Reports Drop in the Prices of Construction Materials
According to Philippine Statistics Authority (PSA) the retail rates of construction rates in Metro Manila declined in August 2015 as well. The data published by PSA emphasized on the drop of 0.4% seen in Construction Materials Retail Price Index (CMRPI) of the National Capital Region (NCR). This decline was more than 0.3% as was observed in July 2015. The data further showed that the CMRPI had actually improved by 1.5% in August last year.
The data blamed this drop on the 1.7% drop in the price
Date: Sep 29
States Pass Laws to Regulate Usage of Chemicals in Products
The usage of harmful chemicals such as bispenol A, formaldehydes, arsenic, and phthalates in plastics, clothing, and other products has been well known. Consumers are usually unaware about the constituents used in the products they use and the federal government rarely asks the manufacturers to list down all the chemical components present in the manufactured products. However, this has started to change with states enacting legislation that require greater transparency from companies about what
Date: Sep 18
Malaysian State Faces Crisis in the Property Sector
The depreciating Malaysian currency, ringgit, is likely to increase the prices of imported construction materials by 20%. Datuk Francis Goh, President of Sabah Housing and Real Estate Developers Association stated that the hardware suppliers in the State will have to put in more money to import these construction materials. He further added that the rise will be felt in prices of items such as lighting equipment and lights, sanitary ware, and iron bars. Effectively this rise in the prices of goo
Date: Sep 08
Mothers in Ghana Being Cautioned Against Youngsters Ingesting Harmful Chemicals
Mr Kwaku Ennin, an Environmental Health Specialist, has flagged the requirement for ecological experts and medicinal professionals to shape basic association to teach moms on the harmful impacts of destructive chemicals and their adequate handling. This returns on the surging instances of youngsters ingesting such chemicals bringing about throat, stomach injuries, and fatalities. These chemicals are mistaken as water and are ingested by young children.
The Chief Executive officer (C
Date: Sep 07
Weak Demand for Metals and Declining Prices Affect Domestic and International Market
Indian metal producers had a tough March quarter. But June quarter proved worse than the previous quarter with sales dropping by 9.3%. In March, sales had dipped by 1%. But costs had declined too that had increased the profitability.
The metal sector is facing slow demand across domestic as well as global market that has led to the decline in prices of the metals. Earnings growth has been affected too with high levels of debt taken to increase fund capacity. The circumstances under which
Date: Sep 04
Exposure to Endocrine Disrupting Chemicals Exhibit Health Threats and Accounts to €150 per Year
The exposure of humans to EDCs adds to various health abnormalities that its evaluated expenses lies between €150-260 billion for every year as indicated by another phase of study given in the Endocrine Society's Journal of Clinical Endocrinology and Metabolism. The cost exhibits the expenses of human services costs, lost profitability and lost acquiring possibilities, the researchers behind the examination say.
An endocrine-disturbing concoction (EDC) is a synthetic or blend of ch
Date: Jul 27
After Louisiana-Pacific’s Downgrade - What’s next in the Building and Construction Products Industry?
Louisiana-Pacific Corporation was downgraded by the DA Davidson research firm last Friday from a status of “Buy” to a “Neutral” rating, i.e. LPX 0%. RBC Capital had struck a similar rating a few days earlier. It changed its rating from ‘Sector Perform’ to ‘Underperform’ - where the price target was set as $13.00 per share. These implications apply a downside potential of 22 percent from the present price (as of December 8) of $16.85 per share.
Date: Dec 09
Vasinee Food Corp. and Thai Agri Food Co. Launch FOCO, a 100% Pure Coconut Water
Vasinee Food Corp., one of the largest U.S. wholesale food distributor and a leading importer of Thai and Asian food products and Thai Agri Food Co. a Thailand based food processing company, have launched FOCO, a popular new beverage categorized as 100% pure coconut water in the United States. These two companies have been producing and selling FOCO coconut juice and other coconut products in the U.S. for more than 25 years and now FOCO is the leading brand in the ethnic market. The shift to coc
Date: Sep 26