Page 6 - Conversion Development Authority News Today

The Bases Conversion Development Authority (BCDA) said construction of the 72-kilometer Subic-Cargo Railway will start early next year after the government has done substantial preparations for the project. Joshua M. Bingcang, BCDA Vice President for Business Development and Operations, said at

The Bangko Sentral ng Pilipinas (BSP) is exploring options on what to do with its six-hectare Security Plant Complex (SPC), currently valued at P8 billion, in Quezon City once it has relocated its printing facility in New Clark City in Capas, Tarlac. “We’re keeping our options open,” said BSP Gov

Published May 21, 2021, 11:40 AM A waste-to-energy consortium is investing $200 million for its state of the art waste-to-energy (WTE) project in Clark.  In a statement, of Metro Clark Waste Management Corp (MCWM) and Plambeck-Emirates Global Renewable Energy LLC said the project will pave the way for waste-to-energy technology that aims to address shortage in waste problem capacity in the Philippines. The project is a 50/50 joint venture between MCWM and Plambeck-Emirates Global Renewable Ene...

BAGUIO CITY, May 5 (PIA) - - In line with its intensified response actions against the Coro

SunStar File April 05, 2021 THE national government and Manila Water Co., Inc. have finished the renegotiation of the 1997 MWSS concession agreement and have come up with a revised contract that Presidential Spokesperson Harry Roque Jr. said was patterned after the New Clark City water and wastewater joint venture agreement with the Bases Conversion Development Authority. “Isang revised concession agreement ang nabuo na nagbibigay ng mas magandang serbisyo ng tubig sa Metro Manil...

April 4, 2021 | 8:16 pm Font Size PHILSTAR SUBSIDIES GRANTED to government-owned and -controlled corporations (GOCCs) fell 27.7% from a year earlier in February to P7.581 billion, the Bureau of the Treasury reported. The National Irrigation Administration received 65.9% of the total with P4.994 billion, down 15% from a year earlier. The Bases Conversion Development Authority received P720 million, the Small Business Corp. P300 million and the Philippine Heart Center P296 million. Other...

March 7, 2021 | 7:49 pm Font Size PHILSTAR SUBSIDIES PROVIDED to government-owned and -controlled corporations (GOCCs) rose 14.34% in 2020 to P230.418 billion, with close to half going to the Philippine Health Insurance Corp. (PhilHealth) and the Social Security System (SSS), which implemented a wage subsidy program designed to keep workers employed during the pandemic. The subsidy totals were released by the Bureau of the Treasury over the weekend. The overall subsidies exceeded the r...

​ The decision is final. The Original Proponent Status (OPS) awarded to Megawide Corp. to transform the Ninoy International Airport Complex into a world class airport was revoked with finality by the board of the Manila International Airport Authority (MIAA). In its official statement, MIAA cited the lack of financial equity as the reason for cancelling the OPS. I was privy to the case and know that this is only a reason of convenience. Records show that Megawide met all the financial require...

Published January 26, 2021, 3:47 PM MOUNTAIN PROVINCE – Mass expanded testing of all the residents in five barangays in Bontoc tagged as being under the critical zone, and placed under enhanced community quarantine (ECQ) was conducted Tuesday, January 26, by the National Inter-Agency Task Force (NIATF), through the Bases Conversion Development Authority (BCDA. Municipality of Bontoc (Facebook / MANILA BULLETIN) According to Bontoc Mayor Franklin Odsey, he has already issued an executive order...

Published January 14, 2021, 7:30 AM Despite being delayed by the COVID-19 pandemic, the Bangko Sentral ng Pilipinas (BSP) will pursue the construction of its 30-hectare new Currency Production Facility (CPF) in New Clark City in Capas, Tarlac this year. BSP Governor Benjamin E. Diokno, during Wednesday’s Virtual Signing Ceremony for the BSP-Bases Conversion Development Authority (BCDA) Contract of Lease which is a 50 to 75 years of land lease agreement, said they are now ready for the next st...