CLARK FREEPORT — The Clark Development Corporation (CDC) implemented a Cease-and-Desist Order (CDO) on January 6, 2025, against Fontana Development Corporation (FDC) and Fontana Resort and Country Club, Inc. (FRCCI), effective immediately, for failing to meet their financial and contractual obligations to the state-owned firm.
The order directs FDC and FRCCI to immediately stop all operations, indefinitely, within their leased area, including the 52-hectare property currently managed by Korea Country Club, Inc. (KCCI), pending compliance with their contractual obligations.
CDC issued the CDO due to the numerous violations committed by FDC, including failure to meet financial obligations, non-fulfillment of commitments under the Lease Agreement, and non-compliance with the Fire Code and National Building Code, among others.
The new animation from the studio that brought you “Inside Out 2” is now showing…
Blast off into an intergalactic adventure with Disney and Pixar's "Elio"— in cinemas this June…
June 13, 2025, Manila, Philippines - Despite growing financial awareness, many Filipinos remain underinsured, with…
This summer, Hong Kong invites Filipino travelers to join Hong Kong Summer Viva, a season-long…
ONE STOP PROCESSING CENTER. Clark Development Corporation has opened the newly renovated One Stop Processing…
Pinoy paddlers face off with over 190 teams from around the world HONG KONG, May…
This website uses cookies.