Subic Bay
US investor takes over debt-laden Philippine shipyard near former US army base
US private equity firm Cerberus Capital Management together with local partner Agila Naval is acquiring an indebted shipyard in the Philippines’ Subic Bay northeast...
Chinese firms keen on investment in Subic Bay shipyard, Clark air base
View over Subic Bay with Hanjin's shipyard in the background © Arno Maierbrugger
Chinese businesses are seeking...
Philippines opens five military bases to US army
Despite public opposition and the chance of strongly irritating China, the Philippine government agreed to allow the US military to use five army bases...
Reopening of US naval base in Philippines could fuel South China Sea row
The Philippine government on July 16 announced that it will revive a US-built deep-water naval base in Subic Bay, marking the return of military...
Philippine indigenous tribe approves solar power project
The Philippines’ indigenous Ayta community has signed an agreement that paves the way for the construction of a pioneering renewable energy facility on their...
Taiwan’s Teco plans to set up electric vehicle factory in the Philippines
Taiwan-based machinery and household appliance maker Teco Electric & Machinery plans to turn a factory in Subic Bay, the Philippines, into a plant for...
HOW TO: Setting up a business in the Philippines
Foreign businesses that are looking at opening a business in the Philippines must do their homework carefully and find a reliable source of information....
Philippine PPPs queue up investors
The bidding deadline for the Mactan-Cebu International Airport’s new terminal, part of the Philippine government’s dense list of PPPs, has been extended to April...
Latest
Vietnam to develop 41 smart cities
Vietnam’s economic planners have presented ideas to create smart cities in 41 out of the 63 provinces and cities in the country in order...
Stories of the week
Malaysia’s ex-premier Mahathir suggests that Singapore should be ‘returned’ to Malaysia
Former Malaysian prime minister Mahathir Mohammad in what can be interpreted as a nationalistic outburst said that Malaysia should claim that Singapore gets “returned”...