Tag: Clark Development Corp.

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Clark readies for high-tech boom amid Pax Silica

Clark is positioning itself as a prime hub for high-technology industries, leveraging its existing semiconductor, logistics, and advanced manufacturing ecosystems, the Clark Development Corp. (CDC) said. 

Clark eyes unified tourism push after record year

The Clark Development Corp. (CDC) is calling for a unified tourism strategy across Metro Clark following a banner 2025 that saw visitor arrivals hit 32.6 million and generate P43.47 billion in receipts. 

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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Dry spell escalates agri losses to P8.57 billion 

Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.

EU, Philippines launch AI lab to draw investment, boost industry 

The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.

Digital remittance study highlights evolving cross-border payment trends in PH 

Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.

Rising debt, slower growth weigh on Philippine risk outlook

The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.

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