Page 11 - Clark Development News Today

BusinessWorld Third of four parts Republic Act No. 11534, also known as the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), is said to be the first-ever revenue-eroding tax reform package. The largest economic stimulus program in the country’s history, it provides major amendments to our tax and incentives laws with the goal of helping businesses move into post-pandemic recovery while encouraging foreign investments into the country. The law took effect on ...

MANILA, March 11 — The Bureau of Customs (BOC) is continuing its inventory of seized mobile phones and computers in various ports across the country to supplement the earlier donation it made to the Department of Education (DepEd) in support of its blended or distance learning program amid...

SunStar + March 10, 2021 EVEN poor countries like Bangladesh have railway systems. Us, none. There was before but presidents after presidents kept "dropping" the ball. The Bicolanos had the Bicol express. The seniors will remember. From Tutuban in Manila people can take the train up to Damortis in La Union. It made several stops. In Malolos, San Fernando and then in Angeles. And from Angeles, my parents and me in tow will take us to its last stop in Damortis. From there a Baguio Au...

SunStar + March 01, 2021 LAST week, I had dinner at Kang Kang Sullai, a very chic and expensive Korean restaurant at the back of Midori Casino inside Clark Freeport. It celebrated its third anniversary and I expected it must be filled with people, or at least half of its capacity following health protocols. But lo and behold there were hardly any customers when I arrived at around six in the evening. A year ago before the pandemic, at the particular time of the evening, even before...

MANILA (Philippine Daily Inquirer/ANN): Amid the prolonged Covid-19 pandemic which caused business uncertainty and a recession, foreign investors’ commitments to set up shop in the Philippines fell 71 percent to P112.1 billion in 2020. The foreign pledges approved by seven investment promotion agencies (IPAs) last year dropped from the record-high P390.1 billion, based on the Philippine Statistics Authority (PSA) data released on Wednesday (Feb 24). PSA data showed the total foreign investmen...

Lewis and Clark Development Group is renovating the former Ruth Meiers Hospitality House to bring more affordable housing to Bismarck.

SunStar + February 08, 2021 WRITING an article sometimes I find it daunting, tiring to a certain extent, but it is so rewarding because it gives me opportunity to write about interesting people. There are three in my list who should be given more prominence. They are Guillermo Eleazar, Michael Romero and Dennis Uy. No ranking here, only alphabetical. Eleazar is a gentleman officer in the truest sense of the word. He is a member of Philipine Military Academy Class 1987. He graduated...

Former Angeles mayor named Clark chairman Ding Cervantes © STAR/File Former Angeles mayor named Clark chairman CLARK FREEPORT, Pampanga, Philippines — President Duterte has appointed former Angeles City mayor Edgardo Pamintuan as chairman of the state-owned Clark Development Corp. (CDC). Pamintuan served several terms as mayor of Angeles City before and after the eruption of Mt. Pinatubo which devastated his city. Later, he served as chairperson of the Regional Development ...

Philippines back to old travel status quo – Nograles Christina Mendez © Michael Varcas, file Philippines back to old travel status quo – Nograles MANILA, Philippines — The travel restriction covering 36 countries with recorded cases of new variants of COVID-19 will be lifted effective tomorrow, Malacañang said yesterday. “On Feb. 1, we will go back to our old status quo before we even implemented the travel restrictions,” Cabinet Secretary Karlo Nograles sai...

SunStar + January 24, 2021 THE 13th president of the state-owned Clark Development Corporation (CDC) may weave wonders, if not miracles, during his tenure. Given the helm recently, Manuel R. Gaerlan hit the ground running, so to speak, and at top speed. Already, he seemed to have a grip on the firms business activities and operations, including meeting the representatives of locators inside the Freeport Zone, local government unit officials, media, partner agencies and other groups...