BIZ BUZZ: Hollywood next for MVP?
If that familiar face of a billionaire in “The Kingdom” took you by surprise during the most recent Metro Manila Film Festival, then we’ve got news for you.
Manuel V. Pangilinan, the tycoon behind Metro Pacific Investments Corp., is getting ready for his Hollywood debut, according to a report by Deadline.
The article states that Pangilinan will serve as the executive producer of “The Last Resort,” an upcoming romantic comedy set in the Philippines.
The film will star Daisy Ridley and Alden Ehrenreich, both prominent actors in the “Star Wars” franchise.
We’re not sure yet if Pangilinan will do a “Kingdom”-style cameo here, but anything’s possible so keep your eyes peeled, especially once filming starts. —Meg J. Adonis
Camp-tivating deals
The Bases Conversion and Development Authority (BCDA) is making swift progress in resolving lease concerns at Camp John Hay, having signed over 100 lease agreements in a span of two months.
With 95 percent of residential unit issues now addressed, the government-owned and controlled corporation is on track to finalize all contracts by the end of the month.
Investor confidence seems to now be rising at the development hub, with several of the said leases signed by foreign nationals, particularly Koreans.
“We are thrilled by the overwhelming investor support and trust in BCDA’s vision. As we redevelop Camp John Hay, we are ensuring that both people and the planet remain at the heart of our projects,” BCDA president and chief executive officer Joshua Bingcang said.
The BCDA regained control of the historic former US military base on Jan. 6, following a landmark Supreme Court ruling that returned the property—and all its developments—back to the government. —Alden M. Monzon INQ
