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CDC, Korean agency to build smart city in Clark

The ITF congratulates Korean truck drivers and calls on the South Korean government, ruling party and clients to cooperate towards a permanent Safe Rates system applicable to all sectors

At 10:40pm (KST) on 14 June, the Korean Public Service and Transport Workers’ Union Cargo Truckers’ Solidarity Division (KPTU-TruckSol) reached an agreement with the South Korean Ministry of Land Infrastructure and Transport (MoLIT) on the continuation of the Safe Rates system.     According to the agreement, the MoLIT has promised to “continue to propel forward the Safe Rates system and discuss expansion to other freight types.” In response, KPTU-TruckSol suspended its national strike, which began a just over a week ago on 7 June.    

Office rental rates in Metro Clark to slightly dip next year

Published June 30, 2021, 8:30 AM The office rental rates in Metro Clark in Pampanga will slightly go down next year amid the expected turnover of 280,000 square meters (sqm) of new spaces, an official from the real estate consultancy firm JLL Philippines said. In a virtual briefing on Tuesday, Ian Perez, director for capital markets at JLL Philippines, discussed the real estate trends and investment opportunities in Clark, Pampanga. He also discussed how Clark is an ideal location for local and foreign investors and locators moving forward. In terms of supply, he said there will be an additional 280,000 sqm that will be delivered in the first quarter of next year, while there is 700 hectares of land available for lease for property developers.

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