Page 28 - Bases Conversion News Today

The Bases Conversion and Development Authority (BCDA) has remitted P7.38 billion to the Bureau of the Treasury (BTr) this year to beef up the state coffers while providing support for the modernization of the Armed Forces of the Philippines (AFP) amid the COVID-19 pandemic. The state corporation's

MANILA - The Bases Conversion and Development (BCDA) reported on Monday that the state-owned corporation's remittance to the National Treasury rose to PHP7.38 billion this year. In a statement, BCDA said this year's remittance is 60.8 percent higher than the PHP4.59 billion contribution of the agency to the national coffer in 2021. "I am proud to report that despite the challenges brought about by the pandemic, BCDA's remittances to the National Treasury are higher, with an incr...

The country’s 19 Investment Promotion Agencies (IPAs) have agreed to use a collective branding and harmonized activities in promoting the Philippines as an investment destination choice in the Southeast Asian region. This developed after the country’s IPAs, all members of the Philippine Investm

Clark exec: Respect cyclists rights

The chief implementer of the “Build, Build, Build” (BBB) program, the flagship infrastructure thrust of the Duterte administration, bannered the government’s achievements in building infrastructure across the Philippine archipelago. According to a copy of his speech at the Duterte Legacy Summit, BBB Chief Implementer Emil K. Sadain said the Infrastructure…

Philippine hotel management company Chroma Hospitality held a ground breaking ceremony for its new brand, GRAFIK Hotel, in the heart of Camp John Hay in Baguio City.

THE national government extended less subsidies to government-owned and -controlled corporations (GOCCs) in the first four months of the year compared to a year ago. Latest data from the Bureau of the Treasury (BTr) showed subsidies extended by the national government from January to April dropped by 30.8 percent to…

The Duterte administration posted a P4.9 billion budget surplus in April—first time in nearly two years—on the back of strong revenue haul and dividends from state-owned companies amid a slowdown in government spending, the Bureau of the Treasury reported Friday, May 27. The month of April has n

The national government’s fiscal balance reverted to a surplus in April as state revenues exceeded spending during the period.

BCDA reopens New Clark City; grand opening set May 28-29