Tag: Clark Development Corp.

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Clark eyes unified tourism push after record year

The Clark Development Corp. (CDC) is calling for a unified tourism strategy across Metro Clark following a banner 2025 that saw visitor arrivals hit 32.6 million and generate P43.47 billion in receipts. 

Clark poised to exceed 2026 investment target of P12.35B

The Clark Development Corp. (CDC) expects to surpass its P12.35-billion investment target for 2026, buoyed by strong early commitments and sustained investor interest, a senior official said.

GCG addressing government corporations compensation issues

The Governance Commission for GOCCs or GCG said on Wednesday it is working to resolve issues raised under the Compensation and Position Classification System for those working in government-owned and controlled corporations, particularly concerns underscored by Clark Development Corp.

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Gokongwei takes helm as PhilWeb scales AI

Listed PhilWeb Corp. (PSE: WEB) has elected Lance Y. Gokongwei as chairman of its board, completing a governance overhaul following his P2.02 billion strategic investment in the company and appointment as a director in July.

Philippines keeps ‘A-‘ investment grade rating from JCR, stable outlook signals strong economic footing amid global risks

The Bangko Sentral ng Pilipinas (BSP) today welcomed the Japan Credit Rating Agency (JCR)’s affirmation of the Philippines’ “A-” investment-grade credit rating with a stable outlook, a vote of confidence in the country’s solid economic fundamentals even amid growing global uncertainty such as the ongoing conflict in the Middle East.

BIR, Ayala partner to develop AI-powered Tax AI Assistant

The Bureau of Internal Revenue (BIR), led by Commissioner Charlito Martin R. Mendoza, and Ayala Corporation, represented by Karl Kendrick Chua, Data Science and Artificial Intelligence Group Head, signed a Memorandum of Agreement on August 25, 2026 for the AI-powered Terry the Tax AI Assistant designed to help BIR personnel retrieve, cross-reference, and analyze tax regulations, rulings, BIR issuances, and related tax materials more efficiently.

Globe Business bares self-healing network that cuts downtime, free IT teams for growth

As companies adopt more apps, cloud services, and connected tools, a steady, reliable network has become the backbone of daily operations—but growing complexity means IT teams now spend valuable hours chasing alerts, tracing faults, and fixing connections instead of building technology that drives business forward.

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