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April 11, 2024
The Department of Environment and Natural Resources-Cordillera entered into a memorandum of agreement on March 27 with four of the top mining companies in the region in a concerted effort to prevent forest fires in the Cordillera, particularly in Benguet. The MOA was signed with Benguet Corporation, Itogon-Suyoc Resources Inc. (ISRI), Lepanto Consolidated Mining Co.
February 25, 2024
BEGINNING this year, all 19 members of the Chamber of Mines of the Philippines (COMP) with operating mines in the Philippines will fully implement the Towards Sustainable Mining (TSM) initiative. TSM is a global ESG performance measurement standard—with public reporting—that the organization adopted in 2017. There are currently 16 COMP…
December 16, 2023
MASINLOC, Zambales—Search the internet for Coto Kidz Pool and you’d get about 146,000 results in .42 seconds. That’s more than double the “hits” you’d get when you surf the net for Magalawa Island in nearby Palauig town, dubbed the mini-Boracay of Zambales, or, for that matter Isla de Potipot, a…
December 5, 2023
The Philippine Chamber of Commerce and Industry (PCCI) said it has elected Eunina Mangio, owner of several large businesses including a popular samgyupsal chain, as its new president. PCCI, one of the top business groups in the country, said Mangio, owner of large businesses including SamgyeopMasarap chain of restaurants, was…
November 22, 2023
BENGUET Corp. on Wednesday reported that the Mines and Geosciences Bureau had approved the exploration permit for its Bolco Gold Project in Zamboanga Sibugay.
October 29, 2023
Last week Share prices plunged last week with the main index falling by 3 percent to below the psychological 6,000-point level, after the off-cycle 25 basis point rate hike of the Bangko Sentral ng Pilipinas (BSP) on Thursday. The benchmark Philippine Stock Exchange index plunged 180.91 points to close at 5,961.99 points. “The BSP’s unexpected
October 22, 2023
Last week SHARE prices plunged last week as the main index lost 2 percent, amid ongoing geopolitical tensions in the Middle East and macro-economic headwinds. The main index gave up 123.44 points to close at 6,142.90. “From a technical standpoint, it is noticed that the market is having a hard time getting past its 50-day
April 26, 2023
The Yuchengco Group will put its insurance and property business under House of Investments Inc. (HI), to add to its current construction, education and renewable energy businesses.
January 29, 2023
DMC, Union Bank to replace Megaworld, Robinsons Land in PSEi
January 29, 2023
CONSUNJI-led DMCI Holdings Inc. and Aboitiz-led Union Bank of the Philippines will be included in the PSE index (PSEi) starting February 6. DMCI and Union Bank will be replacing Megaworld Corp. and Robinsons Land Corp., which will be booted out at the 30-company PSEi, based on the January to December…