Tag: Clark Development Corp.

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

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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

Corporate Context.ph Context.ph -
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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BPI AIA names Melissa Henson as new CEO

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BPI AIA Life Assurance Corp. has appointed Melissa Henson as its new chief executive officer, putting an executive with nearly two decades of banking and insurance experience at the helm as the bancassurance company enters its next phase of growth.

COA auditor flags questionable confidential fund receipts

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Commission on Audit auditor Xylene Mae del Campo testified on the 14th day of Vice President Sara Duterte’s impeachment trial that samples of thousands of acknowledgment receipts for varying amounts from the Office of the Vice President and Department of Education’s confidential funds carried similar dates but were signed by different recipients and in different locations across the country. Del Campo also said DepEd disbursements were not made by an authorized officer. She said COA issued an audit observations memorandum and a notice of disallowance covering the questioned transactions, although the findings remain under appeal. Her testimony put fresh scrutiny on the paper trail behind the confidential funds.

ASEAN data breach costs hit record $4.12M 

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Organizations across ASEAN faced an average USD4.12 million cost...

ICTSI’s Rio terminal expands domestic shipping links with new Norcoast service

Transport & Logistics 0
RIO DE JANEIRO — Rio Brasil Terminal (RBT), the Brazilian port unit of International Container Terminal Services Inc. (ICTSI), has increased its domestic shipping connections with the start of regular calls by Norcoast at the Port of Rio de Janeiro.

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