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Megawide expands portfolio of 8990 projects

Infrastructure conglomerate Megawide Construction Corp. has completed another project for mass housing developer 8990 Holdings Inc......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Clark looks lifeless

Compared to the bustling areas around Clark from Mabalacat to Angeles City, Clark seems rather dead. Yet, Clark Development Corp. reports investments worth P44.4 billion in the first quarter of this year. Baka promised investments lang, yet to see the light of day......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Yokohama investing P3.5 billion to expand Clark tire plant

Japanese company Yokohama Rubber Co. Ltd. is set to spend P3.5 billion for the expansion of its tire plant in Clark, according to the Clark Development Corp......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Sy family invests P5 billion in Megawide affiliate

The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Holcim, Megawide renew cement supply agreement

Holcim Philippines Inc. has renewed its supply agreement to provide the cement requirements of Megawide Construction Corp......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

BCDA sets transfer of PAF facilities to New Clark City

The Bases Conversion and Development Authority is moving forward with the P4.24 billion project to transfer the Philippine Air Force housing facilities from the Air Force City in Clark Freeport Zone to an 85-hectare property in New Clark City......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Clark Water spending P5.6 billion for freeport service upgrade

Clark Water Corp., a subsidiary of Manila Water Philippine Ventures, is spending P5.56 billion to improve its services in the Clark Freeport Zone......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Clark also being eyed as mega food complex

The Department of Trade and Industry and the Department of Agriculture have partnered with Clark International Airport to collaborate in the development of a mega food hub in Clark City......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Sanyo Denki opens P2.3-B expansion project in Subic

Sanyo Denki opens P2.3-B expansion project in Subic.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Romualdez announces expansion project for Iloilo Esplanade, grandstand

Romualdez announces expansion project for Iloilo Esplanade, grandstand.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

BCDA finalizes deal for New Clark housing

State-run Bases Conversion and Development Authority is looking to finalize the deal for the construction of the first 10,000 units of a housing project in New Clark City......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Japan firm starts P2.3 billion Subic expansion

Japanese company Sanyo Denki Philippines, Inc. has started its P2.3-billion expansion project at the Subic Techno Park......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

DBP lends P116 million for swine farm expansion

State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages

Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

Jetstar Asia launches Clark- Singapore Route

Jetstar Asia launches Clark- Singapore Route.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Jetstar Asia launches Clark- Singapore Route

Jetstar Asia launches Clark- Singapore Route.....»»

Category: newsSource:  philstarRelated NewsApr 8th, 2024

Caitlin Clark and Paige Bueckers go head-to-head in an epic Final Four showdow

In a highly anticipated Final Four matchup between UConn and Iowa, star players Paige Bueckers and Caitlin Clark faced off once again, reigniting a rivalry.....»»

Category: newsSource:  abanteRelated NewsApr 5th, 2024

Caitlin Clark and Paige Bueckers go head-to-head in an epic Final Four showdow

In a highly anticipated Final Four matchup between UConn and Iowa, star players Paige Bueckers and Caitlin Clark faced off once again, reigniting a rivalry.....»»

Category: newsSource:  abanteRelated NewsApr 5th, 2024

Jetstar Asia resumes Clark-Singapore flights

One of the most popular carriers in Asia Pacific is reinstating its weekly flights between Clark and Singapore, responding to the booming demand for connections in the region......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024