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Clark Global City
Clark Global City (formerly the Global Gateway Logistics City) is a planned mixed-use central business district development at the Clark Freeport Zone in Mabalacat and Angeles City, Philippines. Udenna Corporation is responsible for the development of Clark Global City since 2017. The development was initially meant as a product of Kuwaiti investment and was known as the Global Gateway Logistics City. The groundbreaking of the development took place in 2008. History As Global Gateway Logistics City Clark Global City was initially known as the Global Gateway Logistics City (GGLC). It was conceptualized by American firm Peregrine Development International Inc. (PDII) to the Kuwaiti investment firm KGL Investment Co. (KGLI Co.) in 2006. KGLI accepted PDII's proposal and signed a memorandum of agreement with the Clark International Airport Corp regarding the project in April 2008. The groundbreaking ceremony was attended by President Gloria Macapagal Arroyo in August of the same year ...
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Central Business District
A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city centre" or "downtown". However, these concepts are not necessarily synonymous: many cities have a central ''business'' district located away from its commercial and or cultural centre and or downtown/city centre, and there may be multiple CBDs within a single urban area. The CBD will often be characterised by a high degree of accessibility as well as a large variety and concentration of specialised goods and services compared to other parts of the city. For instance, Midtown Manhattan, New York City, is the largest central business district in the city and in the United States. London's city centre is usually regarded as encompassing the historic City of London and the medieval City of Westminster, while the City of London and the transform ...
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Emir Of Kuwait
The Emir of the State of Kuwait is the monarch and head of state of Kuwait, the country's most powerful office. The emirs of Kuwait are members of the Al Sabah dynasty. Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah became the emir of Kuwait on 30 September 2020, following the death of Sabah Al-Ahmad Al-Jaber Al-Sabah. He ascended the throne on 30 September 2020. Rules and traditions of succession Succession to the throne of Kuwait is limited to the descendants of Mubarak Al-Sabah. The position of emir is also traditionally alternated between the two main branches of the Al Sabah family, the Al-Ahmed and Al-Salem branches. The reigning emir must appoint an heir apparent within one year of his accession to the throne; the nominee for consideration as crown prince has to be a senior member of the Al Sabah family. The prime minister is appointed by the Emir. Compensation Annual compensation for the Emir is defined. The annual compensation is currently set to 50 million KWD. Emirs ...
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Planned Communities In The Philippines
Planning is the process of thinking regarding the activities required to achieve a desired goal. Planning is based on foresight, the fundamental capacity for mental time travel. The evolution of forethought, the capacity to think ahead, is considered to have been a prime mover in human evolution. Planning is a fundamental property of intelligent behavior. It involves the use of logic and imagination to visualise not only a desired end result, but the steps necessary to achieve that result. An important aspect of planning is its relationship to forecasting. Forecasting aims to predict what the future will look like, while planning imagines what the future could look like. Planning according to established principles is a core part of many professional occupations, particularly in fields such as management and business. Once a plan has been developed it is possible to measure and assess progress, efficiency and effectiveness. As circumstances change, plans may need to be modified ...
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Clark International Airport
Clark International Airport ( pam, Pangyatung Sulapawan ning Clark; fil, Paliparang Pandaigdig ng Clark; ), known as Diosdado Macapagal International Airport from 2003 to 2012, is an international airport covering portions of the cities of Angeles and Mabalacat within the Clark Freeport Zone in the province of Pampanga, Philippines. It is located northwest of Manila. It is accessible through the Subic–Clark–Tarlac Expressway (SCTEX). The airport serves Central Luzon, Northern Luzon, and to an extent, Metro Manila. The name is derived from the former American Clark Air Base which was the largest overseas base of the United States Air Force until it was closed in 1991 and handed over to the Government of the Philippines. The airport is managed and operated by Luzon International Premier Airport Development (LIPAD) Corp., a consortium of JG Summit Holdings, Filinvest Development Corporation, Philippine Airport Ground Support Solutions (PAGSS) Inc., and Changi Airports P ...
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New Clark City
New Clark City is a planned community currently undergoing development, located within the Clark Special Economic Zone in the towns of Bamban and Capas in Tarlac province, Philippines. It has an area of approximately and will accommodate up to 1.2 million people. It is owned and managed by the Bases Conversion and Development Authority (BCDA). History Conceptualization New Clark City, initially known as Clark Green City was first planned, designed and founded by the Bases Conversion Development Authority (BCDA) under the administration of then-BCDA President and CEO Arnel Paciano Casanova in 2012. The then-proposal was met with skepticism from some high-ranking government officials due to the development's proposed location being remote. Casanova envisioned a new metropolis north of Metro Manila to be the first green and smart metropolis of the country. Mr. Casanova was moved to build the new city as a response to the challenges of climate change which placed Metro Manila and m ...
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Clark Freeport And Special Economic Zone
The Clark Freeport and Special Economic Zone (CFEZ), often shortened to Clark, refers to an area in Central Luzon, Philippines. The CFEZ in Pampanga covers portions of the cities of Angeles and Mabalacat and portions of the town of Porac while parts of the area in Tarlac include portions of the towns of Capas and Bamban, Tarlac. The CFEZ divided into two areas, the Clark Freeport Zone (CFZ) and the Clark Special Economic Zone (CSEZ). The New Clark City is part of the Clark Special Economic Zone. The CFZ covers the area of the former United States Air Force facility, Clark Air Base. Most of this air base was converted to the Clark International Airport and some remained under the control of the Philippine Air Force. Clark Global City is also part of the Clark Freeport Zone. Clark forms the hub for business, industry, aviation, education, and tourism in the Philippines as well as a leisure, fitness, entertainment and gaming center of Central Luzon. History Establishment of th ...
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Philippine National Bank
The Philippine National Bank (PNB, Filipino/ tl, Bangko Nasyonal ng Pilipinas, lit=; es, Banco Nacional Filipino; Hokkien ) is one of the largest banks in the Philippines. It was established by the Philippine government on July 22, 1916, during the American Era. The bank became the first universal bank in the Philippines in 1980 and was acquired by tycoon Lucio Tan after it was privatized by the government in 1989. After its merger with the Tan-owned Allied Bank on February 9, 2013, PNB became the fifth largest private domestic bank in the country. To date, PNB has a total domestic footprint of 713 branches and more than 1,400 ATMs strategically located nationwide. PNB maintains its position as the Philippine bank with the most extensive international reach with more than 70 overseas branches, representative offices, remittance centers and subsidiaries across Asia, Europe, the Middle East, and North America. History Early years The Philippine National Bank was establishe ...
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Bank Of China
The Bank of China (BOC; ) is a Chinese majority state-owned commercial bank headquartered in Beijing and the fourth largest bank in the world. The Bank of China was founded in 1912 by the Republican government as China's central bank, replacing the Qing Dynasty's Ta-Ching Government Bank. It has been the second oldest bank in China still in existence after the Bank of Communications, founded in 1908. From its establishment until 1942, it issued banknotes on behalf of the Government along with the "Big Four" banks of the period: the Farmers Bank of China, Bank of Communications and Central Bank of the Republic of China. After the People's Republic was established in 1949, it has become a national commercial and foreign exchange professional bank. Its original central bank designation was carried on by the newly formed People's Bank of China. As of 31 December 2019, it was the second-largest lender in China overall and ninth-largest bank in the world by market capitalizatio ...
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Sabah Al-Ahmad Al-Jaber Al-Sabah
Sabah Al-Ahmad Al-Jaber Al-Sabah ( ar, الشيخ صباح الأحمد الجابر الصباح, translit=ash-Shaykh Sabāh al-ʾAḥmad al-Jābir aṣ-Ṣabāḥ; 16 June 192929 September 2020) was the Emir of Kuwait and Commander of the Kuwait Military Forces from 29 January 2006 until his death in 2020. He was the fourth son of Sheikh Ahmad Al-Jaber Al-Sabah. Early life and early career Al-Sabah was born on 16 June 1929. He received his primary education at Al Mubarakya School in the 1930s and completed his education under tutors. He was the half-brother of the previous Emir of Kuwait, Jaber Al-Ahmad Al-Sabah, who appointed Sabah as Prime Minister in July 2003, replacing the Crown Prince of Kuwait, Sheikh Saad Al-Salim Al-Sabah. His brother was killed when Royal Air Maroc Flight 630 was intentionally crashed by its pilot in 1994. Before becoming Emir of Kuwait, Sabah was the foreign minister from 1963 to 2003, making him the longest-serving foreign minister in the wor ...
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Central Luzon
Central Luzon ( pam, (Reyun ning) Kalibudtarang Luzon, pag, (Rehiyon na) Pegley na Luzon, tgl, (Rehiyon ng) Gitnang Luzon, ilo, (Rehion/Deppaar ti) Tengnga ti Luzon), designated as Region III, is an administrative region in the Philippines, primarily serving to organize the 7 provinces of the vast central plains of the island of Luzon (the largest island), for administrative convenience. The region contains the largest plain in the country and produces most of the country's rice supply, earning itself the nickname "Rice Granary of the Philippines". Its provinces are: Aurora, Bataan, Bulacan, Nueva Ecija, Pampanga, Tarlac and Zambales. Pangasinan was formerly a province of Central Luzon before President Marcos signed ''Presidential Decree No. 1'', 1972, incorporating it into Ilocos Region. Additionally, the province of Aurora was part of the defunct political region Southern Tagalog when the region was divided into Calabarzon and Mimaropa, upon the issuance of ''Executive Ord ...
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Gloria Macapagal Arroyo
Maria Gloria Macaraeg Macapagal Arroyo (, born April 5, 1947), often referred to by her initials GMA, is a Filipino academic and politician serving as one of the Deputy Speaker of the House of Representatives of the Philippines, House Deputy Speakers since 2022, and previously from 2016 to 2017. She previously served as the List of presidents of the Philippines, 14th president of the Philippines from 2001 until 2010. She is the longest serving president of the Philippines since Ferdinand Marcos. Before her accession to the presidency, she served as the List of vice presidents of the Philippines, 10th vice president of the Philippines from 1998 to 2001 under President Joseph Estrada, making her the country's first female vice president, despite having run on an opposing ticket. She was also a Senate of the Philippines, senator from 1992 to 1998. After her presidency, she was elected as the House of Representatives of the Philippines, representative of Pampanga's Pampanga's 2nd cong ...
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