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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Peso, stocks brace for volatility as rate bets fade

Philippine markets may stay on edge as investors juggle Middle East risks, oil prices and the next move by the Bangko Sentral ng Pilipinas, but fading rate-hike bets are giving both the peso and stocks some breathing room.

Golden ABC invests P1 billion in bigger stores

Golden ABC has realized that retail growth is getting less about counting stores and more about making each one worth the trip.

AI demand pushes Philippine electronics exports higher

The Philippine electronics industry is raising its 2026 growth forecast to 10 percent as artificial intelligence, data centers and the technologies powering them drive a fresh wave of demand, putting exports on track to break the USD50-billion mark for the first time.

Malacañang orders remote work amid heavy rains

Malacañang on Sunday ordered government employees in Metro Manila and 15 Luzon provinces to work from home as authorities braced for continued heavy rainfall from the Southwest Monsoon. Executive Secretary Ralph Recto issued Memorandum Circular 123 upon the recommendation of the National Disaster Risk Reduction and Management Council. Alternative learning modes were also ordered for schools in affected areas. Agencies providing basic and health services, disaster responders, and other vital government services must continue necessary operations. The private sector was also urged to adopt alternative work arrangements. The covered provinces are Ilocos Sur, La Union, Zambales, Bataan, Rizal, Cavite, Batangas, Occidental Mindoro, Benguet, Pangasinan, Abra, Tarlac, Pampanga, Oriental Mindoro, and Bulacan.

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