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.
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.
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.
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.
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.
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.