Tag: Clark Development Corp.

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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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PH strengthens US tariff case with forced labor ban

The Philippines has bolstered its position in the US' ongoing Section 301 tariff review by adopting stricter rules that prohibit the importation of goods produced through forced labor, a move aimed at strengthening supply chain integrity while protecting domestic manufacturers from unfair competition.

Updated farmland conversion policy expected next month

The Department of Agriculture is set to release a refined set of rules governing farmland conversion within the coming weeks, a measure aimed at balancing national development with food security.

Importers may need to fund local rice facilities to get import permits under proposed law

The Department of Agriculture is pushing for a policy requiring rice importers to invest in local rice infrastructure before they can bring in foreign shipments, a measure being included in the proposed Rice Industry and Consumer Empowerment Act or RICE Act.

Auto sales slide, but EV demand fuels recovery

The Philippine automotive industry endured a slower first half of 2026, but a sharp June rebound and accelerating demand for electrified vehicles are providing momentum for a stronger second half.

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