P20B resort rising in Subic
A Korean-owned resort is raising a P20-billion tourism complex that would include a hotel and convention center here, the top official of the Subic Bay Metropolitan Authority (SBMA) said.
A Korean-owned resort is raising a P20-billion tourism complex that would include a hotel and convention center here, the top official of the Subic Bay Metropolitan Authority (SBMA) said.
CLARK FREEPORT—State-owned Clark Development Corp.(CDC) has approved the operations here of Taiwanese garments company MSK Group Work Inc., which plans to invest an initial P360 million. CDC president and chief executive officer Arthur Tugade said he signed the agreement after the CDC board of directors on May 10 cleared MSK’s expansion plan. In [...]
The recent shutdown of a cooperative bank here has triggered a sudden withdrawals of money from other cooperative facilities, a Bulacan official reported.
The recent shutdown of a cooperative bank here has triggered a sudden withdrawals of money from other cooperative facilities, a Bulacan official reported.
Bulacan may not have been blessed with white sand beaches and genuine waves, but “tsunami” wave pools in some of its 115 resorts have helped draw its share of tourists from Metro Manila and Central Luzon this summer.
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Hectares of nipa palm (sasa) plantations in this town may have given way to fishponds but makers and vendors of the famous sukang Paombong are hopeful that with the remaining patches of nipa, the local vinegar industry will not die.
Fugitive housing developer Delfin Lee and four coaccused cannot leave the country on orders of the judge hearing the case of syndicated estafa against them.
The Subic Bay Freeport Chamber of Commerce (SBFCC) has expelled a United States Navy contractor from membership in the chamber after a Senate investigation showed that it was liable for dumping sewage into Philippine waters.
A change in culture and increase in revenues are what Arthur Tugade, the man President Benigno Aquino appointed president and chief executive officer of Clark Development Corp. (CDC), is bringing into the agency that is turning this former American military base into an economic engine.
Thousands of workers of a Korean shipbuilder may lose their jobs because of the European financial crisis and the government’s failure to make good on its commitment to provide power incentives, a top official of the company said.
The Philippines’ shopping mall chains have virtually taken over the provinces, branching toward every urbanizing town or city to offer products that provincial customers used to buy only from Metro Manila stores.
