GERI eyes P7 billion sales from Villa Scala in Nasugbu
Global-Estate Resorts Inc. (GERI) expects to generate about P7 billion in sales from Villa Scala, a new upscale residential village planned within its 116-hectare Nascala Coast township in Nasugbu, Batangas.
Condo oversupply hands buyer upper hand
Metro Manila’s condominium market remains weighed down by stubborn oversupply, but the imbalance is quietly shifting negotiating power toward buyers with patience and liquidity.
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.
