Wednesday, March 10, 2010

Op-Ed

Will the Resa law affect the brokers only?… Think again! Will the Resa law affect the brokers only?… Think again!

After my article in this column and my other article in another paper, after discussions in several forums and conferences, after meeting with several heads of sales organizations of different developers,... 


Ayala moves into Boomtown Ayala moves into Boomtown

Indeed, it is such a delight to receive news that listed real-estate company Ayala Land Inc., one of the country’s biggest real-estate developers, is now targetting Subic Bay for expansion. The company,... 


Rape of the Superhighway Rape of the Superhighway

The supposed “rationalization” currently being proposed by the Bases Conversion Development Authority (BCDA) on the rules that would govern the placement, installation and location of outdoor advertising,... 


Will the RESA law affect the brokers only? Think again… Will the RESA law affect the brokers only? Think again…

Property buyers will be happy to know that our government has been taking serious steps to provide protection for them, and thus encouraging them to invest more in Philippine real estate. There is already... 


Enrile’s power bills Enrile’s power bills

One way Congress can help ailing industries in the provinces, particularly in an economic downturn, is by helping lower their production cost through cheaper electricity. And this is precisely what Senate... 


What’s next for Mariano Tanenglian? What’s next for Mariano Tanenglian?

Business circles are now rife with speculative talk about the cause and true nature of the feud between wealthy Chinese-Filipino businessman Lucio Tan and one of his brothers, Mariano Chua Tanenglian.... 


To and from Cojuangco town To and from Cojuangco town

In terms of business focus, it seems amiss for Cojuangco-chaired San Miguel Corp. (SMC) to be interested in a sizable stake in the proposed 88-km toll road that will extend the North Luzon Expressway from... 


The monster killer called IFRIC 15 The monster killer called IFRIC 15

For the past few months, a lot of developers who knew about IFRIC 15, a new accounting reporting system scheduled to be implemented on January 1, 2009, with a retroactive application, were really worried.... 


The Clark Airport–the only hope The Clark Airport–the only hope

Whenever I travel internationally, I decide to closely observe the airports of those countries in comparison with the Manila International Airport. When I fly in an international airline, I got to depart... 


Busy bodies Busy bodies

Build and they will come. From merely nothing flying out of the Clark international airport after the cataclysmic eruptions of Mount Pinatubo in 1991, the succeeding secondary explosions that emitted fine... 


The Return of GI Joe The Return of GI Joe

The sonic booms coming from the twin engines of F-18 Hornets and British-made Harrier jets suddenly reverberated from the azure skies where once GI Joe lorded it over for nearly a century. For the nth... 


Tendering Dysfunction Tendering Dysfunction

When public bidding (or tendering) fails, and sadly, this has become the rule rather than an exception, one cannot help but feel being pulled at the edge of despair for whatever ills this process. For... 


US: Resiliency in times of crisis US: Resiliency in times of crisis

I was in New York City, and then in parts of Eastern Pennsylvania, from mid- to late-October to observe up close the 2008 US presidential campaign. The trip, hosted by the US State Department, involved... 


Focusing on food production Focusing on food production

Several years back, the biggest instant noodle maker in Thailand launched the Mama Noodles Index, which essentially reflected the sales of its Mama Noodles. The index was reportedly relatively steady since... 


It is how you look at things… It is how you look at things…

Since the issue on the crashing stock markets started hitting the newspapers, I have been asked almost every day about what is going to happen next. How is it going to affect our real-estate industry here... 


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News

SBMA enters joint-venture deal with Harbour Centre to develop Subic Port SBMA enters joint-venture deal with Harbour Centre to develop Subic Port

SBMA administrator Armand Arreza, SBMA chairman Feliciano Salonga, HCPTI chairman Reghis Romero II and HCPTI CEO Michael Romero (left to right) sign the joint venture agreement at the EDSA Shangrila Hotel. SUBIC... 


CIAC Passes Stage 1 Audit of ISO Certification CIAC Passes Stage 1 Audit of ISO Certification

The Clark International Airport Corporation (CIAC) has passed the stage 1 audit of the International Standard Organization Certification (ISO-9001:2008) in a bid to meet the worldwide industrial and commercial... 


Clark council urges DOJ to bring back DFA office to Clark

Top officials of the influential Metro Clark Advisory Council (MCAC) have urged the Department of Justice (DOJ) to prevent the permanent transfer of the regional offices of the Department of Foreign Affairs... 


CDC: Shooting of Sokor trader not inside Clark Freeport

CLARK FREEPORT – The Clark Development Corporation (CDC) has denied a news story published in a national business daily which reported that a South Korean businessman was murdered inside the Clark Special... 


SBMA: Delay in bridge project will hurt businesses more

SUBIC BAY FREEPORT — Delaying the construction of a bridge connecting this free port to the neighboring city of Olongapo will be more damaging to local business establishments than if the project were... 


Stakeholders intensify efforts to protect Subic Bay Stakeholders intensify efforts to protect Subic Bay

Stakeholders in the Subic Bay area, along with guest conservationists, clean up a stretch of beach along the famous Waterfront Road in the Subic Bay Freeport, as part of community efforts to arrest the... 


SBMA sets Subic water summit on Jan. 28-29 SBMA sets Subic water summit on Jan. 28-29

SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) will host the first Subic Bay Water Summit here on January 28-29 to address concerns on the sustainability of this free port’s number... 


Clark to host 1st newsmen’s golf tourney Clark to host 1st newsmen’s golf tourney

The Clark Freeport will be the host of the to be held on January 22 at the Mimosa Golf and Country Club here, the Clark Development Corp. (CDC) announced. CDC President Benigno N. Ricafort said the event... 


SBMA cops pay respect to fallen comrades SBMA cops pay respect to fallen comrades

LAST SALUTE. Law enforcement officers of the Subic Bay Metropolitan Authority (SBMA) honor Capt. Ceferino Abadia during his interment at the Olongapo City Memorial Park. Abadia died in the line of duty... 


Subic plays vital role on RP-Japan bilateral relations Subic plays vital role on RP-Japan bilateral relations

Agriculture undersecretary Bernie Fondevilla (right) receives the P131-milion shipment of ammonium sulfate fertilizer from Japanese ambassador Makoto Katsura after they were unloaded at the Subic Bay... 


Prestigious China Sea Race will finish in Subic Bay Prestigious China Sea Race will finish in Subic Bay

The China Sea Race, a popular event that attracts competitors from all over the world with over a distance of 1047 km (565 nautical miles), sets sail from Hong Kong this summer. Jun Avecilla, Commodore... 


Japanese electronic firm transfers China operations Japanese electronic firm transfers China operations

Subic Techno Park representative Ichiro Tsuji (left), Nicera Phils. president and general manager Takashi Morimoto, and SBMA administrator and CEO Armand Arreza sign an investment contract for Nicera’s... 


Hanjin launches largest oil tanker ever built in the country Hanjin launches largest oil tanker ever built in the country

SBMA Chairman Feliciano G. Salonga and Administrator Armand Arreza (front row 2nd and 3rd from the left ) join representatives of Hanjin Heavy Industries Corp.-Philippines pose with officials of Kaptanoglu... 


Mangudadatu’s security aide runs amuck in Subic, kills two cops

SUBIC BAY FREEPORT—A bodyguard of Buluan, Maguindanao Vice Mayor Esmael Mangudadatu ran amuck and killed two law enforcement personnel of the Freeport zone. Police investigation showed that the incident... 


21st AdCongress formally opens with over 2,800 delegates 21st AdCongress formally opens with over 2,800 delegates

AdCon Trade Exhibit opens. Olongapo City Mayor Bong Gordon and Baguio City Mayor Peter Rey Bautista led the opening of the trade exhibit for the 21st Advertising Congress being attended by over 2,800 delegates.... 


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Features

Discovering the (natural) wonders of  Subic Discovering the (natural) wonders of Subic

The Subic Forest Watershed Reserve (SFWR) is located in the west-central portion of the major Philippine island of Luzon, 160 km by road northwest of Manila. It is at the northern portion of the Bataan Biogeographic Zone, which noted high biodiversity and endemism. This secondary growth, low land dipterocarp forest covers approximately 9,800 hectares... [Read more...]


Olongapo City: The country’s first Freeport zone and next Hong Kong in Asia Olongapo City: The country’s first Freeport zone and next Hong Kong in Asia

SUBIC-OLONGAPO BUSINESS TRIANGLE: SBMA Administrator Armand Arreza, Olongapo City Mayor James Gordon Jr., and Ayala Land Inc. president Anthony Aquino sign an agreement for the development of a master plan for the Subic-Olongapo Central Business District Triangle project. The vision of Olongapo City to become truly the country’s first Freeport zone... [Read more...]


World-renowned online real-estate broker opens in Subic Freeport World-renowned online real-estate broker opens in Subic Freeport

OPENING RITES. Subic Bay Metropolitan Authority Senior Deputy Administrator lawyer Ramon Agregado (second from right) leads the ribbon cutting ceremony to formally open the office of world-renowned Century21 Real Estate. Joining him are SBMA Director Ted del Rosario, real estate guru Donald Lawby and Ronald Wang. Buying or selling a home is one of... [Read more...]


Subic Bay Gateway Park sets up high-tech security system Subic Bay Gateway Park sets up high-tech security system

Intelligent video-surveillance software otherwise known as Closed Circuit Television (CCTV) systems are important modern equipment in the fight against crime. Subic Bay Gateway Park (SBGP) has recently upgraded its security system through the installation of CCTV cameras positioned at strategic locations inside the sprawling industrial park to make... [Read more...]


Environmental protection: A continuing challenge Environmental protection: A continuing challenge

What do flying fox bats, hawkbill turtles and Aetas of Pastolan Village have in common? One is that they are found in Subic Bay Freeport. Two, they are all part of a giant “web of life” that local environmentalists work so hard to protect and care for. The task of protecting the diverse but fragile ecosystems in the former US Naval base in Subic... [Read more...]


SBMA year-end report: Exceeds Expectation in 2009, Brighter Prospects in 2010 SBMA year-end report: Exceeds Expectation in 2009, Brighter Prospects in 2010

Subic Bay Freeport closes 2009 with renewed confidence that the effects of the global economic crisis to local economy would soon be over, expressing much optimism and brighter prospects into 2010. Economic indicators such as employment generation, import and export earnings, and seaport revenues posted positive growth while investment commitments... [Read more...]


ECPay scheme will let OFWs pay bills from host countries

LEADING electronic commerce technology provider ECPay, which has been providing the backbone for an estimated P4 billion worth of billing transactions annually, is set to roll out later this year an international payment system, mainly targeting the overseas Filipino worker (OFW) market. The main goal is to “empower the overseas Filipino worker to... [Read more...]


Zest Air launches daily Hong Kong flights at DMIA

Local carrier Zest Air launched its inaugural International flight recently via daily flights to Hong Kong at the bustling Diosdado Macapagal International Airport (DMIA), the premier international gateway of the country. Clark International Airport Corporation (CIAC) President and CEO Victor Jose I. Luciano, Zest Air President and CEO Ambassador Alfredo... [Read more...]


SCTEx tops Arroyo’s completed legacy projects

Over 40 priority infrastructure projects worth P88.48 billion have been completed as of the end of September, Malacañang said. Presidential management staff director-general Hermogenes C. Esperon Jr. said in a report that these infrastructure projects are among the 154 priority projects committed by President Gloria Macapagal-Arroyo in her State of... [Read more...]


Rep. Garcia wants to expand powers of SBMA, CDC

BATAAN Rep. Albert Garcia has asked Congress to speed up the passing of a bill that will strengthen and expand the powers of the governing bodies of Subic and Clark to allow the development of more economic zones, thereby ensuring both local and national economic growth. Garcia of the ruling Lakas-Kampi-CMD said that to fully utilize Subic, Clark and... [Read more...]


Exporters told to adjust to climate change

THE government is seriously considering adopting a policy aimed at promoting disaster-risk reduction, especially in the country’s mining and logging industries, and encouraging the private sector to implement safe industry practices to protect the environment and industry workers. This was disclosed by Anthony Golez, presidential deputy spokesperson,... [Read more...]


Subic introduces  cost-efficient ‘road train’ trucking system via SCTEx Subic introduces cost-efficient ‘road train’ trucking system via SCTEx

SUBIC BAY FREEPORT — A trucking system popularly known as “road train” to efficiently transport bulky loads will soon be seen for the first time along the Subic-Clark-Tarlac Expressway (SCTEx). Commonly used in Argentina, Australia, Mexico, the United States and Canada, the so-called road train or “triples” is expected to hit the SCTEx in... [Read more...]


Subic Freeport offers high-rise condominiums Subic Freeport offers high-rise condominiums

SUBIC BAY FREEPORT – The first high-rise condominiums ever to be built in this premier Freeport will soon be completed by a Korean property developer with committed investment of $135 million. Korean leisure property developer KT Global announced over the weekend that the vision to build a high-end residential and commercial complex inside this... [Read more...]


Ocean Adventure park gets 4 new dolphins Ocean Adventure park gets 4 new dolphins

The highly popular Ocean Adventure marine park in Subic Freeport has recently acquired four more dolphins to boost the growing cast of marine animals featured in its open-water viewing facilities here. The new arrivals — three female and one male Bottlenose dolphins — are the “new additions to our already exciting lineup of entertainment and... [Read more...]


Asia’s top archaeologists explore (sea) wonders of Subic Bay Asia’s top archaeologists explore (sea) wonders of Subic Bay

Objects held in collections worldwide serve as precious resources for society. Twenty-two archaeologists working with underwater heritage collections in the Southeast Asian region joined a study tour to explore the wonders of Subic Bay . The National Museum of the Philippines co-hosts the Collasia 2010 International Course on “Conservation of Underwater... [Read more...]


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