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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

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

Hotel101 signs merger deal

Hotel101 signs merger deal.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Capitol signs deal to build 150-MW solar farm

Capitol signs deal to build 150-MW solar farm.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024

BSP onboards 1st nonbank electronic money issuer

The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»

Category: newsSource:  sunstarRelated NewsJan 15th, 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

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

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

BSP governor says February rate cut not likely

In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

Deadline extended for submission of New Clark City bid documents

State-run Bases Conversion and Development Authority is extending the deadline for the submission of eligibility requirements for the commercialization of the passive information and communications technology infrastructure in New Clark City.   .....»»

Category: financeSource:  philstarRelated NewsJan 29th, 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

Run for a cause and make a difference at Clark One Big Run 2024!

The Ateneo Alumni Association (Pampanga Chapter) is inviting everyone to the much-awaited Clark One Big Run......»»

Category: sportsSource:  philstarRelated NewsMar 26th, 2024

Government to pitch Clark as new aviation hub

The Philippines will pitch Clark International Airport as the next Asian hub for aerospace investments in one of the largest aviation events this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

2.9 kilos of shabu seized at Clark airport

Security screening officers from the Office for Transportation Security at the Clark International Airport intercepted 2.9 kilos of shabu on Sunday......»»

Category: newsSource:  philstarRelated NewsJan 17th, 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