SBMA sets P7.8-B infra projects for completion in 2028

By Henry Empeño | July 17, 2024 SUBIC BAY FREEPORT —At least seven big-ticket infrastructure projects are scheduled by the Subic Bay Metropolitan Authority (SBMA) for completion here by 2028 under the administration of President Ferdinand Marcos Jr. This was announced by SBMA Chairman and Administrator Eduardo Jose L. Aliño during the “Build Better More”… Read More SBMA sets P7.8-B infra projects for completion in 2028

Clark on the road to become global logistics and aviation hub

THE Clark Civil Aviation Complex in Pampanga is taking huge leaps to become a global hub for logistics and aviation services, with support from major international players that continue to pour investments into their facilities at the Clark International Airport (CRK).  Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer Joshua M. Bingcang… Read More Clark on the road to become global logistics and aviation hub

Marcos creates special economic zone in Victoria, Tarlac

By Darryl John Esguerra | July 7, 2024 MANILA (PNA) – President Ferdinand R. Marcos Jr. has designated parcels of land in Barangay Baculong in Victoria, Tarlac as a special economic zone. In his Proclamation No. 623 signed by Executive Secretary Lucas Bersamin on July 4, Marcos identified a total of 297,719 square meters of… Read More Marcos creates special economic zone in Victoria, Tarlac

DBM hopes Congress okays P70B salary hike budget for gov’t workers 

By Liza Agoot | July 4, 2024 BAGUIO CITY (PNA) – Budget and Management Secretary Amenah Pangandaman is hopeful that lawmakers will approve of the PHP70-billion allocation for the salary increase of state workers in the proposed 2025 national budget. In a press conference at the sidelines of the inauguration of Department of Budget and Management-Cordillera Administrative Region… Read More DBM hopes Congress okays P70B salary hike budget for gov’t workers 

Recto urges Japanese firms to invest in PH

By Anna Leah Gonzales (PNA) | June 21, 2024 MANILA – Finance Secretary Ralph Recto urged Japanese investors to invest in the Philippines and assured them that ongoing amendments to the country’s fiscal incentives system will address their key concerns. “To begin with, the Philippines is booming and has all the makings of a tiger economy.… Read More Recto urges Japanese firms to invest in PH

New cargo railway is Luzon Corridor flagship project

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

Sec. Go bullish over investment prospects In New Clark City

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

SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

SM Prime Holdings, Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a ₱100 billion investment for its partners, stakeholders, and communities they operate in. With eyes set on the future, SM Prime reaffirms its position… Read More SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024

Sen. Villanueva: Enterprise-based education and training to boost gov’t effort to address unemployment

REACTING to the decrease in unemployment rate in February, Senate Majority Leader Joel Villanueva stressed the need for an institutionalized enterprise-based education and training program to boost the government’s effort in providing more employment opportunities for Filipinos. The Philippine Statistics Authority (PSA) reported a decrease in the unemployment rate from 4.5% or 2.15 million in… Read More Sen. Villanueva: Enterprise-based education and training to boost gov’t effort to address unemployment

Sen. Villanueva: Full rollout of Trabaho Law to help shore up employment

SENATE Majority Leader Joel Villanueva said that he expects that unemployment could be stemmed by the full implementation of the Trabaho Para sa Bayan (TPB) law. Villanueva made the statement after the Philippine Statistics Authority (PSA) reported that the unemployment rate increased to 4.5% or 2.15 million jobless Filipinos in January 2024 from 3.6% or… Read More Sen. Villanueva: Full rollout of Trabaho Law to help shore up employment