Is Your Best Source that FDI is Bad... CHISMIS?
News Feed 360 A few days ago, I wrote an article where I talked about whether or not the best source for anti-reform Filipinos is well— chismis ? This time, with the news from Business World that Taiwan plans to build a $1-B plant in Clark City, I felt the need to write a "follow-up" to my article on the best source being chismis. THE Bases Conversion and Development Authority (BCDA) said company is building a $1-billion manufacturing facility in New Clark City (NCC), Tarlac. The agreement has been signed and an advance payment was made, BCDA President and Chief Executive Officer Joshua M. Bingcang told reporters last week. He said the facility will be located within Filinvest Innovation Park in New Clark City, Tarlac, making it one of the biggest locators in the estate . Mr. Bingcang said the facility will specialize in technology-related manufacturing, without providing details or identifying the company. However, this article will not focus on the business opportuni...