Clark Freeport Zone and the Metro Clark Area benefited from the sound economic programs of the Philippine government despite the financial crisis last year as the state-owned firm bucked the odds and turned the crisis into investment and development opportunities.
President Benigno Ricafort, during the 17th anniversary celebrations of Clark Development Corp. (CDC), said the economic programs of President Gloria Arroyo gave foreign and local investors, not only in Clark, but also in the entire country, the confidence in doing business in the Philippines.
Ricafort claims that with President Arroyo’s continued support from the investors, 175 contracts were formalized last year of which 71 are new connoting confidence in the existing business climate inside Clark Freeport Zone.
Ricafort added that among the biggest contracts in terms of investment include a diverse mixture of locators from different countries they are HLD Clark Steel Co., Inc. (China); Community Gaming and Amusement Network Inc. (Philippines), Australian International Training and Management Group Pty. Ltd (Australian), and Siccion Holdings, Inc. (Philippines) to name a few.
With these new investors, their total committed investments would amount to more than P5.9 billion with a minimum employment commitment of 2,700 for their first year of operations, not to mention the signing of agreement with a foreign semi-conductor firm on March 2010 that it would invest more or less P22 billion for the next five years, Ricafort said. –Mark Roxas, Manila Times
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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