Tag: Clark Development Corp.

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

Trade & Investments Context.ph Context.ph -
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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AboitizPower, KHNP sign MOU exploring nuclear energy cooperation in Philippines

Corporate Bulletins 0
Aboitiz Power Corporation (AboitizPower) and Korea Hydro & Nuclear Power Co., Ltd. (KHNP) signed a Memorandum of Understanding (MOU) on July 31 at KHNP’s headquarters in Gyeongju, South Korea, to explore cooperation on nuclear energy technologies and their possible use in the Philippines.

Coca-Cola weighs sugar tax hike amid pricing, demand concerns

Economy 0
Coca-Cola Europacific Aboitiz Philippines (CCEAP) is assessing the impact of a proposed sharp increase in excise taxes on sugar-sweetened beverages, as the industry braces for a measure that could reshape pricing, consumer demand, and product strategies across the beverage market.

BIR expands VAT-free medicines to lower healthcare costs

Education, Health & Science 0
The Bureau of Internal Revenue (BIR) has expanded the list of value-added tax (VAT)-exempt medicines to 2,277 products, broadening tax relief for patients with chronic and life-threatening illnesses as the government seeks to make essential healthcare more affordable.

Boracay Water bolsters El Niño response to secure island’s water supply

Corporate 0
Boracay Water has ramped up measures to keep water services steady across Boracay Island as El Niño brings prolonged dry conditions. The utility is boosting river monitoring, cutting water losses, and protecting watersheds to ensure reliable supply for residents, businesses, and tourism.

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