The Court of Appeals has issued a writ of preliminary injunction against a dismissed contractor of the 177-hectare Global Gateway Logistics City (GGLC) in the Clark Freeport Zone, effectively allowing project owner Global Gateway Development Corp. (GGDC) to proceed with the project, including the construction of The Medical City (TMC) Clark, a world-class 150-bed hospital, by December this year.
By Tessa R. Salazar
Is it finally the time for urban centers outside of Metro Manila to experience their own property boom? With a growing young population in locations such as Clark, Mactan and Cebu, will more jobs available to them there in the next few years offer a more attractive living option?
By Paolo G. Montecillo
Middle Eastern carrier Emirates will start direct flights to Clark Freeport in Pampanga in October, targeting millions of overseas Filipino workers (OFW) from Northern and Central Luzon.
By the staff
The Philippine Stock Exchange (PSE) recently revived talks on the Real Estate Investment Trust (REIT) through a forum with industry representatives and invited government officials. However, the absence of a representative from the Department of Finance, which plays a crucial role in addressing tax-related rules acceptable to the market to get REITs launched, was something of a concern.
By Dennis L. Wright
There is a remarkable story that needs to be told. It is a story of 21 leaders from different political parties and from various business backgrounds who came together in the past two decades to set an example that is unrivaled in world governments.