COLD WATER

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                    [ArticleID] => 357811
                    [Title] => Clark’s duty free shops on ‘death throes’
                    [Summary] => CLARK FIELD, Pampanga — The remaining 14 duty free shops here continue to struggle for survival, offering as much as 50 percent discount and pegging the value of the US dollar to as low as P39.


However, an official of the Clark Development Corp. (CDC) said the stores are on their "death throes."


"The shops have asked the CDC to restructure their rental arrears amid heavy losses," said Noni Laluces, manager of the enterprise and operations monitoring department of the CDC.


                    [DatePublished] => 2006-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804849
                    [AuthorName] => Ding Cervantes
                    [SectionName] => Nation
                    [SectionUrl] => nation
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abtest

Clark’s duty free shops on ‘death throes’

By Ding Cervantes | September 13, 2006 - 12:00am

CLARK FIELD, Pampanga — The remaining 14 duty free shops here continue to struggle for survival, offering as much as 50 percent discount and pegging the value of the US dollar to as low as P39. However, an...

Nation