State-run Bases Conversion and Development Authority (BCDA) has remitted ₱2.04 billion in cash dividends to the Bureau of the Treasury (BTr), equivalent to 80 percent of its net income last year, the Department of Finance (DOF) reported. Apart from this being “the highest amount” the BCDA has...
Just four months after the takeover of Camp John Hay, Landco Lifestyle Ventures (LLV) boldly reintroduces one of Baguio’s iconic heritage destinations. Now fitted with modern amenities and updated attractions, LLV’s latest hospitality and leisure development project stands true to its...
Real estate giant Ayala Land Inc. (ALI) has signed a 25-year contract agreement for the lease and continued development of the John Hay Technohub in Camp John Hay, Baguio City, according to the Bases Conversion and Development Authority (BCDA). In a statement, BCDA President and Chief Executive...
Clark International Airport Corp. (CIAC) has remitted ₱282 million in dividends to the Bureau of the Treasury (BTr), its highest remittance to the national government yet. CIAC, the aviation and land development arm of the state-run Bases Conversion and Development Authority (BCDA), said these...
President Marcos has vetoed a bill seeking to amend the charter of the Bases Conversion and Development Authority (BCDA), citing concerns that it may conflict with existing laws and adversely impact the government’s fiscal position. President Ferdinand 'Bongbong' Marcos Jr. (Mark Balmores) In his...
President Marcos has rejected the proposed amendments to the Revised Charter of Baguio City due to legal inconsistencies, Malacañang said. File photo In her press briefing on Monday, April 14, Communications Undersecretary Claire Castro read a portion of the President's veto message. "I am...
BCDA President and CEO Joshua Bingcang The Bases Conversion and Development Authority (BCDA) has signed an agreement granting the Manila International Airport Authority (MIAA) a three-year option period to either purchase or continue leasing the 61-hectare Ninoy Aquino International Airport...
The signing of the agreement with the Bases Conversion and Development Authority and Science Park of the Philippines, Inc. (BCDA photo) The Bases Conversion and Development Authority (BCDA) has inked a 50-year lease agreement with Science Park of the Philippines, Inc. (SPPI) to develop an...
A glimpse inside Camp John Hay (BCDA) The Bases Conversion and Development Authority (BCDA) is mapping out a redevelopment roadmap to transform Camp John Hay in Baguio City as a primary ecotourism destination, with investments from its joint ventures projected to reach P10 billion. The BCDA...
State-owned Bases Conversion and Development Authority (BCDA) has authorized its subsidiary, Poro Point Management Corp. (PPMC), to manage the interim operations of the San Fernando Seaport in La Union. In a statement on Friday, Jan. 3, Joshua M. Bingcang, BCDA president and chief executive...
In response to the growing Filipino homebuyers’ demand for convenience, energy efficiency, and security, real estate developers are now building smart homes that fit a modern lifestyle. These home units are provided with a setup where appliances and devices are controlled remotely via smartphones...
The national government’s ambitious plan to build a train system from Subic Freeport Zone to Batangas port is now taking shape after more landowners were convinced to have their properties used for the project. Joshua M. Bingcang, BCDA president and chief executive officer, said at least 43 more...
