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China pulls out boats

Manila, Philippines -  Following a similar move by the Philippines, China pulled out its fishing boats from Panatag (Scarborough) Shoal last Sunday due to “inclement” weather. The Chinese government said a rescue vessel was sent to the...


Thai-Based Electronics Firm Relocating Here With Initial $100-M Investment

Thai-Based Electronics Firm Relocating Here With Initial $100-M Investment By BERNIE CAHILES-MAGKILAT April 18, 2012, 4:51pm MANILA, Philippines — A Thai-based multinational electronics firm is relocating its operations into the country bringing in...


Can This Be True

According to Trade Secretary Gregory Domingo, its all good news ahead for the Philippines. This year should be one of the strongest in decades with 20% export growth, 1 Trillion pesos (US$23B+) in registered new investments, 100,000+ new jobs in BPO,...


Unsung heroes of Clark and Subic Economic Zones

Unsung heroes of Clark, Subic By: Dennis L. Wright Philippine Daily Inquirer 10:44 pm | Monday, January 23rd, 2012 http://business.inquirer.net/41087/unsung-heroes-of-clark-subic There is a remarkable story that needs to be told. It is a story of...


DMIA loses 2 km of power cable to theft

[4:02:03 PM] jh: DMIA loses 2 km of power cable to theft By Tonette Orejas Inquirer Central Luzon 10:08 pm | Wednesday, October 19th, 2011 CLARK FREEPORT—The Diosdado Macapagal International Airport (DMIA) lost 2,195 meters of high-voltage power...


$35M Car Plant to Rise in Clark

$35M car plant to rise in Clark CLARK FREEPORT — The number one commercial vehicle manufacturer in China is set to invest US$ 35 million inside the Freeport zone, officials of Clark Development Corporation (CDC) announced recently. ...


40% of Western Male Tourists Come to the Philippines for Sex

THE FUROR OVER the assertion of US Ambassador to the Philippines Harry Thomas that 40% of male foreign visitors are sex tourists reminds me of the newspaper headline that declared, “50% of the people in Congress are crooks.” Expectedly, the...


P70-M Restaurant in Clark

[3:49:43 PM] jh: 11 October, 2011 - Firm to build P70-M restaurant in Clark CLARK FREEPORT -- The Best Joint Group Venture Inc. plans to establish a P70-million restaurant serving international cuisine inside this Freeport. Clark Development...


Brazil’s Vale goes to Subic

Brazil’s Vale goes to Subic by Cecille Garcia http://www.manilastandardtoday.com/insideBusiness.htm?f=/2011/september/24/business1.isx&d=2011/september/24 SUBIC BAY FREEPORT—Vale International S.A., a unit of Vale S.A., the world’s largest...


Lexus to file administrative charges vs. HLURB execs Penthouse Condo

Lexus to file administrative charges vs. HLURB execs By Joey Aguilar Sep 06, 2011 ANGELES CITY – Stock-holders and directors of Lexus Landholdings Group are set to file administrative charges against officials of the Housing and Land Use...


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