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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Overseas remittances surge to record 1H high of $3.04 billion in June

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Overseas cash remittances hit a mid-year peak in June 2026, climbing to US$3.04 billion. Marking the highest monthly cash inflow recorded throughout the first half of the year, the performance underscored the robust foreign exchange earnings sent home through the formal banking networks. Seasonally adjusted personal remittances, encompassing both formal bank transfers and informal channels as well as in-kind support, mirrored this upward trajectory over the same period.

DoubleDragon H1 core income surges 

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DoubleDragon Corp.’s core net income surged to P2.41 billion in the first six months of 2026, up from P920 million as the property company’s growing portfolio began delivering a much stronger contribution from recurring and operating businesses.

Manila Water approves P105M share buyback

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Manila Water Co., Inc. has approved a share buyback program of up to 3 million common shares, potentially spending up to P105 million to repurchase its own stock in the open market.

SSI Group Q2 revenue, profit surge as retail demand holds

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The SSI Group delivered stronger sales and profitability in the second quarter of 2026 as resilient consumer demand, better margins, and tighter operations gave the specialty retailer a healthy lift.

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