Tag: Clark International Airport

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Clark AeroDistrict aims to anchor logistics, aviation growth

Clark International Airport's private operator is betting that the future of aviation lies beyond the runway.

CIAC dividend surge earns Marcos recognition for fiscal discipline

The Clark International Airport Corporation (CIAC) has earned recognition from President Ferdinand R. Marcos Jr. after remitting P585.71 million in dividends to the National Treasury, highlighting the state-run firm's growing financial strength and its expanding contribution to government revenues.

Lufthansa expansion signals rising German confidence in PH

German aviation services giant Lufthansa Technik is deepening its commitment to the Philippines, unveiling a major expansion at Clark International Airport that highlights the country's growing appeal as a strategic investment destination and aviation hub in Asia.

BCDA awards Clark runway design, boosting capacity 

The Bases Conversion and Development Authority (BCDA) has advanced plans to expand Clark International Airport with the award of a detailed engineering design contract for a second runway, marking a key milestone in the project’s development pipeline.

CIAC remits record P585.7M dividend to Treasury

The Clark International Airport Corp. (CIAC) has remitted a record P585.7 million in dividends to the National Treasury, up 88 percent from the P310.9 million it turned over a year earlier, underscoring stronger earnings and improved operational efficiency in 2025.

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GCash parent Mynt flat in historic debut

Shares of Mynt Inc., the parent firm behind dominant e-wallet operator GCash, closed unchanged at P6.60 per share during its trading debut Tuesday on the Philippine Stock Exchange, marking a historic milestone as the country's largest initial public offering to date.

Palace delays corn import order amid harvest concerns

Malacañang has deferred signing an executive order on the minimum access volume (MAV) for corn imports, citing concerns that its implementation could undermine local farmers’ earnings during the ongoing harvest season.

Power backup ready for El Niño

The Department of Energy has confirmed it is fully mobilized to safeguard power supply as the Philippines braces for a projected Super El Niño lasting through the first half of 2027, with the driest conditions forecast from November this year to April 2027.

DA moves to support local hog producers amid low farmgate prices

The Department of Agriculture (DA) is stepping up measures to assist local pork producers, who continue to face depressed farmgate prices due to rising imports. Speaking at the Tuesday Club Breakfast Forum in Mandaluyong City, Agriculture Secretary Francisco Tiu Laurel Jr. assured stakeholders the agency is exploring every legal option to ease market pressure on domestic hog raisers.

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