Government aviation firm remits ₧369M in dividends to BTr for 2019-2021 obligations | Rizal Raoul Reyes

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Government aviation firm remits ₧369M in dividends to BTr for 2019-2021 obligations | Rizal Raoul Reyes
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The Clark International Airport Corp. (CIAC) announced last Monday that it has remitted dividends to the national treasury and paid all of its bank loans. Know more:

THE Clark International Airport Corp. announced last Monday that it has remitted dividends to the national treasury and paid all of its bank loans.

“CIAC ensures fiscal discipline and financial viability,” he said. “And we also adhere to the highest standards of corporate governance so now we are a debt-free agency and at the same time able to remit dividends to the national treasury.” Cunanan also commended CIAC employees with service period ranging from 10 years to 25 years during ceremonies commemorating the 28th year of the GOCC at the agency’s building inside the Clark Civil Aviation Complex , Clark Freeport Zone, Pampanga.

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