Tag: Clark International Airport

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CIAC dividend surge earns Marcos recognition for fiscal discipline

Transport & Logistics Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.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 

Transport & Logistics Context.ph Context.ph -
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

Economy Context.ph Context.ph -
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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Yuchengco’s PetroWind signs TransCo deal securing 20-year tariff for Aklan wind project

Energy & Mining 0
Yuchengco-led PetroWind Energy Inc. has signed a Renewable Energy Payment Agreement (REPA) with state-run National Transmission Corp. (TransCo), locking in guaranteed pricing for its 13.56-megawatt Nabas Wind Power Project Phase 2 in Aklan. This follows the project securing its Green Energy Auction tariff in 2022, plus a provisional operating permit from the Energy Regulatory Commission in May 2026 and a formal tariff endorsement from the Department of Energy in July 2026.

NSCR on track to partial 2027 opening

Transport & Logistics 0
The Department of Transportation (DOTr) confirmed Wednesday that the North-South Commuter Railway Extension (NSCR-Ex) remains on schedule to launch partial operations on the first 28-kilometer stretch from Valenzuela to Malolos by the end of 2027. The update came as Executive Secretary Ralph Recto, DOTr Undersecretary for Railways Timothy John Batan, and Assistant Secretary for Right of Way Acquisition Irish Calaguas inspected the project on September 29, 2026.

SEC unifies foundation rules to ease compliance, boost oversight

Corporate 0
The Securities and Exchange Commission is bringing all existing rules for foundations together into one complete set of guidelines, designed to make compliance simpler and strengthen supervision across the sector. Issued as a draft memorandum circular, this omnibus framework addresses longstanding challenges where requirements were scattered across separate laws, orders, and agency issuances, making them hard to track and follow. The new unified set will serve as one up-to-date reference covering everything from organization setup to regular reporting and ongoing compliance, including all necessary forms, templates, instructions, and procedures.

NFA adds Tarlac palay storage to aid farmers, boost supply

Agriculture 0
The National Food Authority (NFA) is leasing extra warehouse space in Victoria, Tarlac to buy more palay directly from local farmers and strengthen the government’s rice supply program.

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