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March 14, 2022
MANILA - The Bases Conversion and Development Authority (BCDA) under the Duterte administration has contributed PHP25.01 billion to the Armed Forces of the Philippines (AFP), the highest made by a single administration. BCDA's remittance for the AFP modernization between 2017 and 2021 is higher than the PHP13.01 billion contribution made by the previous administration from 2011 to 2016 and the PHP18.38 billion from 1993 to 2010. Signed on March 13, 1992, Republic Act 7227 authorizes the BCDA...
March 13, 2022
Since its creation 30 years ago, the Bases Conversion and Development Authority (BCDA) has contributed to the Armed Forces of the Philippines (AFP) a total of P56.4 billion, accounting for the biggest chunk or 44.21 percent of the P127.55-billion total asset disposition proceeds from 1993 to 2021.
March 13, 2022
Contributions of the Bases Conversion and Development Authority to the Armed Forces of the Philippines hit a record-high under the Duterte administration, breaching the P25 billion mark.
March 8, 2022
The Bases Conversion and Development Authority (BCDA) on Monday turned over modern facilities to the Army Support Command (ASCOM), bringing the Philippine Army (PA) unit a step closer towards relocating its headquarters to a new site in Camp Servillano Aquino in Tarlac this year. BCDA Officer-in-Charge President and CEO Atty.…
March 6, 2022
The newly signed Amended Foreign Investments Act (FIA) has created an Inter Agency Investment Promotion Coordination Committee (IIPCC), which will establish a comprehensive marketing plan in the promotion of investments into the country as the law opens up economic sectors to 100 percent foreign own
March 1, 2022
โIf given the chance, I would like to speak with the Asian Development Bank, investors, and corporations to ask them why are they supporting the New Clark City project that brazenly violates our rights,โ Chieftain Pet stated.
February 22, 2022
MANILA - The administration's "Build, Build, Build" infrastructure program is expected to continue attracting foreign investments to Clark to create a new metropolis outside Metro Manila. During the Clark business conference Tuesday, Clark Development Corp. (CDC) Business Development and Business Enhancement Group vice president Rhyna Ventura said CDC has attracted PHP3.68 billion of foreign investments last year, 43 percent higher than the PHP2.6 billion approved foreign investmen...
February 21, 2022
Former high-ranking government officials, senators, and local chief executives, headlined by former Senator and Armed Forces of the Philippines (AFP) chief-of-staff Rodolfo โPongโ Biazon, endorsed the presidential bid of Vice President Leni Robredo. Vice President Leni Robredo (VPLR Media Bureau)
February 21, 2022
PH DELEGATION. (From left to right) BCDA senior vice president for corporate services Arrey Perez, Agriculture Secretary William Dar, Trade Secretary Ramon Lopez, and BUDJI+ROYAL Architecture+Design principal architect and chief executive officer Royal Pineda join the Philippines National Day celebration at the Expo 2020 Dubai. BUDJI+ROYAL served as architectural consultant for sports facilities in New Clark City and the Philippine Pavillion in Dubai. (Photo courtesy of BCDA) MANILA - The Bases ...
February 21, 2022
The Bases Conversion and Development Authority is urging firms from the United Arab Emirates to invest in New Clark City.