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.
Industrial real estate developer Berthaphil, Inc. has partnered with the Bases Conversion and Development Authority (BCDA) to unlock new growth opportunities for aviation-related industries in Central Luzon, strengthening Clark’s push to become a regional aviation and logistics hub.
Bonifacio Global City (BGC) is set for its first sweeping land-use overhaul in more than two decades, as state developer Bases Conversion and Development Authority (BCDA) launches a new master development plan to recalibrate growth in the Philippines’ premier central business district.
The Bases Conversion and Development Authority (BCDA) has extended the interim operations and maintenance (O&M) contract for John Hay Golf by another year, postponing the bidding for a long-term operator as it reassesses the course’s future management model.
The Bases Conversion and Development Authority (BCDA) is making a fourth push to attract private investors to commercialize the passive information and communications technology (ICT) backbone of New Clark City, relaunching a P2.5-billion project critical to building the country’s first smart metropolis.
Metro Pasay Hospital and Medical Center, Inc. has teamed up with PLDT Enterprise to boost its digital infrastructure, aiming for smoother operations and better patient care.
Insular Life (InLife) delivered a strong top-line performance last year, with revenues surging to P36 billion as the insurer reaped gains from higher premium collections and the integration of Generali Philippines, now operating as InLife Benefits.
Arthaland Corp. projects to earn P12 billion from Sondris, its premium residential development in Makati City. Developed in partnership with Japan’s major real estate firm Mitsui Fudosan Co., the 37-story tower taps into strong demand for sustainable high-end properties.
Treasury bill yields were mixed at Monday’s auction as robust investor demand helped temper the impact of mounting inflation concerns on short-term government debt.