The Department of Science and Technology (DOST) is setting up a P400-million advanced device and materials testing laboratory that would benefit the automotive makers, electronics, and export industries.
DOST director for planning and evaluation service Bernie Justimbaste said the sophisticated equipment built at DOST compound in Taguig City aims to provide electronic failure analysis at shorter turn-around time for companies.
With the establishment of such laboratory in the country, manufacturers need not send their new products to other countries like Hong Kong and Singapore for testing.
2012 has been very good to the Philippine property market, backed by a glowing economy, overseas Filipino remittances, and business process outsourcing (BPO) as main drivers to a development boom.
Despite fears of a bust, there is an overwhelming confidence among government officials and indsutry stakeholders holding on to the belief that there is no end to what is now happening in the market.
“We have previously noted that a major driver of this growth is the demand for office space due to the strong outlook of the BPO sector,” Socioeconomic Planning Secretary Arsenio Balisacan told reporters in a briefing on the third quarter GDP in late November.
By Zinnia B. dela Peña, The Philippine Star
Posted at 12/25/2012 9:09 AM | Updated as of 12/26/2012 8:24 AM
MANILA, Philippines – Property giants Ayala Land Inc. and Robinsons Land Corp. are waiting for the guidelines and terms of reference (ToR) for the bidding of the P13.3-billion Bonifacio South property in Taguig City.
The 33.1-hectare property, currently occupied by the Army Support Command and Special Services Unit of the Philippine Army, the Bonifacio Naval Station and the Philippine Marine C