Tag: Clark Development Corp.

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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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Mactan-Cebu International wins ACI passenger awards

Mactan-Cebu International Airport (MCIA) has received two passenger experience recognitions from Airports Council International (ACI), including a second consecutive award in the 5–15 million passenger category.

The math behind Duterte’s impeachment vote

The math, more than politics, may hold the key to Vice President Sara Duterte’s political future. And the numbers could be settled within the next two weeks, when the Senate, sitting as an impeachment tribunal, decides which denominator should be used in determining the votes needed for conviction or acquittal.

ABS-CBN restructures capital, expands board

ABS-CBN Corp. is seeking shareholder approval for a P4.5-billion capital increase and a two-seat board expansion, reshaping its corporate structure as two new directors are nominated to join the company’s governing body.

Shell Energy PH secures additional 120 MWp solar power deal in Leyte

Shell Energy Philippines Inc. (SEPH) has entered a second 15-year power supply agreement with Greenlight Renewables Holdings Inc. via its unit San Isidro Solar Power Corp., securing an additional 120 megawatts peak (MWp) from the second phase of the San Isidro solar power project in Leyte. Announced Tuesday, the new deal follows an earlier 15-year agreement for the project’s first phase, bringing the total solar capacity SEPH will source from Greenlight Renewables to 240 MWp.

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