Lufthansa Technik plans major Clark MRO expansion
Lufthansa Technik is planning a USD400-million expansion of its maintenance, repair, and overhaul facility at Clark, a move expected to further strengthen the Philippines’ position as an emerging aviation services hub in Asia, according to the Bases Conversion and Development Authority.
Maynilad, K-Water pitch P15B New Clark City water project
Maynilad Water Services Inc. and Korean state-owned firm K-Water have filed a P15-billion unsolicited proposal to develop and operate the water supply system for New Clark City, according to Bases Conversion and Development Authority President and CEO Joshua Bingcang.
FedEx deepens commitment to Clark logistics hub
Federal Express is investing USD240 million to expand its hub at the Clark Aviation Complex, while the Bases Conversion and Development Authority is allocating P7 billion for supporting airside infrastructure, underscoring Clark’s growing role as a key logistics gateway in Southeast Asia.
Debt climbs, but structure cushions FX risk
The national government closed 2025 with outstanding debt of P17.17 trillion, up P1.66 trillion from end-2024, driven by fresh borrowings to finance development priorities and the drag from a weaker peso.
DOTr plans runway upgrades, night flights to help cut domestic air travel costs
The Department of Transportation (DOTr) is moving to extend regional and provincial airport runways to help lower domestic airfares, especially to popular tourist destinations such as Siargao.
