By Kris Crismundo | May 27, 2024 MANILA – The Luzon Economic Corridor steering committee has identified the cargo railway connecting Subic, Zambales and Batangas province as the flagship project of the new corridor, Special Adviser to the President for Investment and Economic Affairs Secretary Frederick Go said Monday. During the Philippine Economic Briefing at the… Read More New cargo railway is Luzon Corridor flagship project
By Baird Maritime | May 21, 2024 PRIVATE equity company Cerberus Capital Management and South Korea’s HD Hyundai Heavy Industries (HHI) have entered into an agreement for the lease of the Cerberus-owned Agila Subic Shipyard at the former US Naval Base Subic Bay in the Philippines. HHI, acting on behalf of parent company HD Korea… Read More Korean firm to put up offshore wind production and ship repair base in Subic
CLARK FREEPORT — Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go is “very optimistic” on the investment possibilities in store for Clark and the New Clark City. A flagship project of the Bases Conversion and Development Authority (BCDA), New Clark City is positioned as a “very attractive” investment hub for… Read More Sec. Go bullish over investment prospects In New Clark City
By Wilnard Bacelonia | May 17, 2024 MANILA – Senate President Juan Miguel Zubiri on Friday told the Technical Education and Skills Development Authority (TESDA) to step up in preparing the Filipino workforce for the expected influx of foreign companies once Resolution of Both Houses (RBH) No. 6 is approved by Congress. “Malaking bagay ‘yung TESDA… Read More Zubiri asks TESDA to prepare workforce for influx of foreign companies
By Darryl John Esguerra | May 14, 2024 MANILA – The partnership between US equity firm Cerberus and South Korea’s HD Hyundai Heavy Industries in the strategically located Subic Bay will allow the Philippines to regain its footing in the global shipbuilding industry, President Ferdinand R. Marcos Jr. said Tuesday. During the announcement of the partnership… Read More Marcos: Cerberus, Hyundai tie up to restore PH shipbuilding glory days
THE Subic-Clark Alliance for Development Council (SCADC) is proposing to declare Clark Freeport Zone, Subic Bay Freeport Zone, and Freeport Area of Bataan as transshipment hubs to accelerate their development as a mega-logistics hub. SCADC Resolution No. 1 approved on April 22 the endorsement of an executive order (EO) to President Ferdinand Marcos Jr. to… Read More Subic-Clark council wants 3 freeport zones declared transshipment hubs
SUBIC BAY FREEPORT — A total of 26 jobseekers were hired on the spot during the jobs fair held at the Harbor Point Ayala Mall on Labor Day, as part of the Labor Day celebration of the Subic Bay Metropolitan Authority (SBMA). 21 applicants were hired by Da Tian Subic Shoes Inc., manufacturer of popular shoe… Read More 26 HOTS in Subic Freeport’s Labor Day jobs fair
LEADING building solutions provider Holcim Philippines reiterated calls to accelerate the shift to sustainable construction in a series of activities with Philippine architects and Asian cement industry players. During the United Architects of the Philippines’s 49th National Convention from April 18 to 21, Holcim Philippines engaged with over a thousand local architects and architecture students… Read More Holcim amplifies call for sustainable construction to Philippine architects, Asian cement makers
THE various economic zones in the country are open to all foreign investors including those from South Korea, President Ferdinand Marcos Jr. said on Thursday as he cited the attractive investment arrangements set up by the government for businesses planning to operate in the Philippines. “We have economic zones where anyone can participate,” said President… Read More PH economic zones open to all investors – PBBM
IN the recently concluded job fair hosted by the Department of Labor and Employment (DOLE) through Public Employment Service Office (PESO), together with SM malls, a high number of applicants were hired on the spot (HOT), validating its efficacy. Job fairs in SM North Luzon Malls, specifically SM City Olongapo Central, SM City Rosales, SM… Read More 764 hired on the spot at SM North Luzon Malls Job Fair 2024
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