Angeles News
November 2005

 

WILD ORCHID EXPANSIONS:  Angeles City has seen lots of changes in the last 10 years, but the new plans by the Orchid owners is a major change.  Sometime around the beginning of 2006 all the structures on the east side of Santos Street from the Wild Orchid Resort to (and including) Caddy Shack will be leveled and construction will begin on a new four story complex. 

The first floor of the complex will be five separate stalls that will be designed to be bars.  Two of these bars have already been sold. Additionally, there will be three single bedroom units located in a building adjacent to the Wild Orchid Resort, but just behind the closest club.

The second floor will consist of 15 Studio apartments and 3 more single bedroom units.

The third & forth floor of the main building will include eight 2-floor town houses facing Santos and six more single bedroom apartments (three on the third floor and three more on the fourth floor).

These units can be purchased for the duration of the long term lease.  Unit owners have access to Wild Orchid Resort facilities to include pool, security, generator and optional maid service & rental management for absentee owners.

Studio Type Units US $75,000 + VAT
Single Bedroom Units US $95,000 + VAT
Two Bedroom Townhouses US $115,000 + VAT

For more details on specific units, down payments and financing options, contact info@wildorchidresort.com

 

Indications are that several other expansion plans are in the late planning stages.

 

PRICE INCREASES: This topic gets beat to death on the local bulletin boards, but brace yourself for another round of price increases.  A new VAT that is being called EVAT (Extended Value Added Tax) or  RVAT (Reformed Value Added Tax) was implemented on Nov 1, 2005.  This adds the requirement for many businesses that were exempt from paying VAT to now pay 10% VAT on all their sales. 

Since restaurants and hotels have been subject to VAT for years, these businesses will not experience any immediate changes.  But, I guess that it is just coincidence that many of the Angeles hotels have notified us of a rate increase (many are exactly 10%). 

Since we already pay 10% VAT on all food & beverages we sell, in theory we would not have any price changes.  But, LPG & gasoline went up by 10%. The increase in gas will effect the cost of all goods within a few months, if not immediately.  Most suppliers have indicated we will see new prices on or before 1 Nov. The only supplier that has so far said no price increase is .... San Miguel Beer! 

Despite rumors, tolls on the North Luzon Expressway (NLE) will not go up as they were already subject to VAT.  However, with the increase in fuel costs and the new COLA for our drivers we anticipate another increase in airport pick up fees in the near future.

 

DOLLHOUSE EXPANSION:  Despite some costly problems with several city and national agencies, the folks at the Dollhouse are also investing in the future of the entertainment district.  They have obtained the lease on the old Birds Of Paradise (BOP) and are well into renovating that property.  Rumor has it that this will be another 24-hour operation much like the LA Cafe in Manila.  Another rumor is that they plan to put a swimming pool on the roof.  I, for one, hope this is just a rumor since they did not remove the footings and support beams from the old BOP. The upper floors of this building were added on over the years and it is really doubtful that the footings were built to handle 80,000+ pounds of swimming pool.  Anyone else remember the club Cocktails & Dreams on Mac Arthur highway? The guys spent a ton of money and that place didn't collapse when they filled the swimming pool on the roof. But, only a few months later we had the earthquake of July 16th, 1990.  The bottom of the pool gave way and the water rushed through the lower floors. No one was killed, but numerous people were injured and the building has never been reoccupied.

 

Got some extra cash you want to spend on your Angeles girl for the holidays?  Rick always has some new ideas. Why not buy her a motorcycle and send her to driving school

On Clark: 

Believe it or Not??

 BCDA fast-tracks Subic-Clark expressway       Inquirer News Service

THE BASES Conversion and Development Authority (BCDA) said the Subic-Clark-Tarlac Expressway Project would be finished on time and "within budget." The expressway is expected to be completed by the end of 2007 at a cost of 21 billion pesos.

The four-lane toll road network will connect the industrial, transport and business hubs of Subic, Clark, and Tarlac.

BCDA president and CEO Narciso Abaya said the project was a major component of the Global Gateways Initiative. Abaya said the timely completion of the project was crucial in boosting growth in Luzon.

BCDA vice president for operations Antonio Rex Chan said that despite the recent depreciation of the peso, the cost of the project was unaffected since it was yen-based.

Chan said foreign exchange rate fluctuations have been taken into account in determining the project cost.

Chan said the planned expressway would pass through Angeles City, Mabalacat, Porac and Floridablanca in Pampanga; Tarlac City, Bamban, and Concepcion in Tarlac, and Dinalupihan and Hermosa in Bataan.

Funding for the project will come from a Y41.931-million soft loan from the Japan Bank for International Cooperation (JBIC). The counterpart funding of 6.2 billion pesos was secured by the BCDA through loans from Banco de Oro and the Development Bank of the Philippines.

 

Looking for a different day trip or a way to see more of the islands?  Contact Mike O'Farrell at Subic Seaplane.  He has been taking people around the islands for years. 

See his website at:    http://www.seaplane-philippines.com/default.php