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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BIR removes VAT on electricity system loss charges

The Bureau of Internal Revenue (BIR) has removed value-added tax (VAT) from allowable electricity system loss charges, giving consumers another potential reduction in their power bills as the government moves to ease electricity costs through administrative measures.

Bishops oppose SOCOTECO II-Ignite power deal, seek board suspension

Catholic bishops have joined mounting opposition to the proposed joint venture between South Cotabato II Electric Cooperative (SOCOTECO II) and Ignite Power and Energy Holdings, urging the Ombudsman to suspend cooperative board members facing complaints over the controversial deal.

Globe extends monsoon relief to Central Luzon families

Globe is providing relief assistance to 700 families in Pampanga, Bulacan, and Bataan still recovering from the Southwest Monsoon, in partnership with Ayala Foundation Inc. Covered areas include Pampanga’s Masantol, Macabebe, Apalit, Candaba, Bulacan’s Calumpit, and Bataan’s Hermosa and Dinalupihan, building on earlier Alagang Globe support as recovery proceeds. The company confirms full restoration of mobile and broadband services previously disrupted across parts of Metro Manila and Rizal province.

PayJoy, Kservico expand smartphone financing beyond cities

PayJoy Philippines is expanding its smartphone financing reach through a partnership with appliance and electronics retailer Kservico, using nearly 170 stores across Metro Manila and Luzon to bring device financing closer to consumers outside major urban centers.

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