Tag: Clark Development Corp.

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Clark readies for high-tech boom amid Pax Silica

Trade & Investments Context.ph Context.ph -
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

Trade & Investments Context.ph Context.ph -
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

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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Foreign currency reserves drop to $97.4B

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) reported that the country’s gross international reserves (GIR) stood at $97.4 billion as of end-October 2026. This dip in foreign currency reserves was primarily driven by the central bank’s active foreign exchange interventions, downward adjustments in the value of gold assets amid shifting global prices, and the national government withdrawing funds from its central bank deposits to cover foreign debt service obligations alongside other international funding needs.

Motorcycle sales rebound 8.1% in Q3 to 524,860 units

Mobility 0
Motorcycle sales among the country’s four major manufacturers rebounded in the third quarter of 2026, rising 8.1 percent year-on-year to 524,860 units as stronger monthly volumes in August and September reversed the previous quarter’s contraction.

ASEAN growth summit brings business leaders, Angelina Jolie to Manila

Economy 0
The Philippines will bring some of the world’s biggest business names, regional policymakers and Hollywood actress Angelina Jolie to Manila on November 11 for a summit focused on how Southeast Asia can protect economic resilience, accelerate digital transformation and ensure growth reaches smaller businesses and underserved communities.

Japan-Philippines friendship highlighted at 82nd Battle of Surigao Strait commemoration

Context Dispatch 0
The enduring friendship and diplomatic ties between Japan and the Philippines took center stage during the 82nd commemoration of the historic Battle of Surigao Strait, jointly organized by the City of Surigao and the Province of Dinagat Islands.

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