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Gov’t seen to lose P12B in Swiss challenge for Bonifacio South Pointe dev’t

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Screengrab from bcda.gov.ph

The Philippine government stands to lose as much as P12 billion if the state run Bases Conversion and Development Authority proceeds with the conduct of a Swiss challenge for the development of the 33.1-hectare Bonifacio South Pointe property in Taguig.

Posted: October 1st, 2014 in Latest Business Stories | Read More »

BCDA to appeal SC ruling on sale of Bonifacio lot

State-run Bases Conversion and Development Authority is set to file a motion for reconsideration at the Supreme Court to contest an earlier high court ruling, which prevented the government agency from bidding out the development of the 33.1-hectare Bonifacio South Pointe property in Taguig.

Posted: October 1st, 2014 in Editor's Pick,Headlines | Read More »

BCDA ordered to honor BGC deal

The Supreme Court on Tuesday stopped the Bureau of Internal Revenue, the Department of Finance and the Securities and Exchange Commission from requiring firms to disclose an alphabetical list (alphalist) of investors who receive income payments and dividends, a regulation that has stirred concerns of capital flight and its crippling effects on the economy.  INQUIRER FILE PHOTO

The Supreme Court has permanently stopped the Bases Conversion and Development Authority’s (BCDA) public bidding for the development of the 33.1-hectare Bonifacio South Pointe property at the upscale Bonifacio Global City in Taguig, favoring SM Land Inc.’s (SMLI) petition that impleaded the state firm for breaching an agreement to conduct a competitive challenge.

Posted: September 6th, 2014 in Latest Business Stories | Read More »

BCDA turns over P100M in dividends to Treasury

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The Bases Conversion and Development Authority (BCDA) on Tuesday said it has remitted to the Bureau of the Treasury an additional P100 million in cash dividends, bring to P2.2 billion the state agency’s remittances to national coffers.

Posted: September 3rd, 2014 in Headlines | Read More »

Robinsons Land’s subsidiary Altus bags Lawton Corp. Center deal

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Robinsons-Land

A subsidiary of the Robinsons Land Corp. has bagged the contract for the long term lease and development of a prime lot located along Lawton Avenue, south of Bonifacio Global City, the state run Bases Conversion and Development Authority said Tuesday.

Posted: August 19th, 2014 in Latest Business Stories | Read More »

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