Clark to have direct link to SCTEx, BCDA assures

[ Manila Bulletin Online ] March 6, 2008

CLARK FREEPORT — The government-run Bases Conversion and Development Authority (BCDA) gave yesterday assurance that Clark Freeport Zone will definitely have direct access to the Subic-Clark-Tarlac Expressway (SCTEx).

The BCDA said the construction of the Panday Pira Road which serves as a vital link from the SCTEx to the Clark Special Economic Zone (CSEZ) through the Clark North-B Interchange will start as soon, adding the Japan Bank for International Cooperation (JBIC) has released a supplementary loan for the SCTEx. > > > [ full story ]
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Davao construction industry prospects upbeat after slump

Vol. XXI, No. 154 [ Business World Online ]
Thursday, March 06, 2008 | MANILA, PHILIPPINES

DAVAO CITY — The city is experiencing a construction uptick following a slump caused by a spike in imported construction materials three years ago.

Ramon Allado, president of Allado Construction Co., former president of the local chapter of the Philippine Constructors’ Association, said the growth could have been higher if local firms merged and partnered to corner lucrative contracts. > > > [ full story ]
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$ 4B in investments eyed in Clark in ’08 executive says

[ Manila Bulletin Online ] March 6, 2008
By FRED ROXAS

CLARK FREEPORT— Some big-time foreign investors, including a global information technology (IT) firm, will pour in some $ 4 billion in fresh investments on this freeport, starting this month.

Bernardo Angeles Jr., assistant vice president of Clark Development Corp. (CDC), said that foreign businessmen have shown great interest in investing in various big-ticket projects and expansion programs here.> > > [ full story ]
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Trade, tourism in Sultan Kudarat

By Joji Ilagan- Bian
Philippine Daily Inquirer 03/06/2008

April will be a busy month for the province of Sultan Kudarat, with several activities lined up.

These include the 2nd Sultan Kudarat Business Week Celebration (April 7-11) to be hosted by the Sultan Kudarat Chamber of Commerce and Industry Foundation Inc. (SKCCIFI), Federation of Mindanao Business Chambers of Mindanao and Isulan Chamber of Commerce and the 2nd SocSarGen (South Cotabato, Saranggani, General Santos) Area Business Conference on April 16-21.

The province is composed of 11 municipalities and one component city; its coastal areas and towns are directly facing Australia and the three major Asean partners of Mindanao—Brunei, Indonesia and Malaysia. > > > [ full story ]
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Electrification of remote Benguet sitios readied

[ Manila Bulletin Online ] March 6, 2008

Beneco gets P21-M loan from NEA to energize non-viable areas
By DEXTER A. SEE

LA TRINIDAD, Benguet — Rural electrification is a major backbone of development in remote communities, and so the national government is supportive of projects of electric cooperatives to provide power supply to non-viable areas.

This statement was made by Edith Bueno, administrator of the National Electrification Administration (NEA), during the recent turnover of a P21-million check to the Benguet Electric Cooperative (Beneco) here for its projects to energize many still unlighted sitios in this vegetable-producing province.> > > [ full story ]
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