Tag: Clark Development Corp.

The planned merger between Metro Pacific Investments Corp. (MPIC) and San Miguel Corp. (SMC)’s tollway business is moving forward and targeted for completion in the third quarter of 2026, according to MPIC chairman Manuel V. Pangilinan. The deal is currently in the valuation phase, with discussions expected to settle on an ownership split ranging from 45 percent to 55 percent in favor of SMC. Pangilinan confirmed that MPIC’s toll operations in Indonesia will not be included in the valuation.

The Department of Agriculture (DA) has activated its response teams and readied aid for coastal communities following an oil spill from a partially capsized cargo vessel off Badoc, Ilocos Norte. The incident raises worries over possible harm to marine life, fishing activities, and local livelihoods.

Thirty-four international airlines operating at Ninoy Aquino International Airport (NAIA) have successfully connected to the Bureau of Immigration’s (BI) Advance Passenger Information System, according to New NAIA Infrastructure Corporation (NNIC). This setup lets carriers send passenger details to immigration authorities before flights arrive or depart, bringing the country’s main airport closer to faster and more secure border checks.

The Philippine Airlines (PAL) has opened its Freedom Seat Sale, offering discounts on flights departing from the country. Booking runs from June 15 to 17, 2026, with travel starting in August 2026.