Tag: New Clark City

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BCDA renews bid for Smart backbone

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.

Balloons will return to Tarlac skies to lift a nation’s mood

When the hot air balloons rise again in February 2026, it will feel less like the return of an event and more like the reopening of a beloved chapter in Philippine travel. After taking a breather in 2025, the Philippine International Hot Air Balloon Fiesta comes back with renewed purpose, reminding travelers why this sky-filled weekend has long been a bright spot on the tourism calendar.

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PAL expands long-haul fleet with deal for up to 14 Airbus A350-1000s

Philippine Airlines (PAL) has taken another major step in modernizing its fleet after signing a memorandum of understanding with Airbus at the Farnborough International Airshow to acquire up to 14 A350-1000 aircraft.

NBI chief: persons of interest in VP kill threat known

National Bureau of Investigation Director Melvin Matibag told the Senate impeachment court that the agency has identified persons of interest in its investigation into Vice President Sara Duterte's statement that she had contracted a hitman to assassinate President Ferdinand Marcos Jr., First Lady Liza Marcos and former House Speaker Martin Romualdez. During cross-examination, the defense questioned Matibag's impartiality, citing his appointment by Marcos and his wife's role as a lawmaker who signed the impeachment complaint. Matibag also testified that an American law enforcer told him threats against the US president typically result in immediate arrest under American law.

PSE updates index inclusion rules to match global norms

The Philippine Stock Exchange (PSE) has announced major updates to its criteria for companies joining the 30-member benchmark index, introducing a new market capitalization threshold and revised liquidity rules ahead of the February 2027 rebalancing period.

JCB marks 30 years in Philippines, joins 70th PH-Japan friendship commemoration

The Philippines and Japan established formal diplomatic ties in 1956, building a longstanding partnership centered on friendship, economic cooperation, and cultural exchange.

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