Page 61 - Mindoro News Today

PUBLICLY-listed Bank of Commerce (BankCom) posted its highest net income since being acquired by San Miguel Corp. (SMC). In a statement to the Philippine Stock Exchange (PSE), BankCom said its net income surged 49 percent to P1.8 billion in 2022 from P1.2 billion in 2021. The bank said the increase…

CHINA’S bond trading was disrupted last Wednesday morning after the regulator reportedly told money brokers to suspend their data feeds due to security concerns. Some information platforms that provide real-time bond quotes from money brokers were showing blank screens, said traders, who asked not to be identified because they’re not…

Residents on the western Philippine island of Mindoro are still reeling from a massive oil spill from a sunken Philippine tanker, as government and private-sector responders scramble to determine the extent of damage to livelihoods and marine resources.

Environmental group Greenpeace on Tuesday urged the government to demand full responsibility and accountability from those involved in the Mindoro oil spill. The call was made as the Senate began its public hearing on the sinking on February 28 of the MT Princess Empress in Naujan, Oriental Mindoro that is…

Philippine authorities have increased efforts to contain an oil spill from a sunken fuel tanker that has affected coastal…

Local government officials in Batangas as well as in Puerto Galera and Calapan in Oriental Mindoro should prepare amid the threat of oil spill from the sunken motor tanker MT Princess Empress.

THE effort to claim $1-billion indemnity from insurance taken out by the owners of the sunken boat spilling oil in Mindoro Oriental faces an uphill climb because of the company’s regulatory lapses, dashing hopes that thousands of people impacted by the massive leak could promptly get financial help for the…

MANILA, March 14 (Reuters) – Philippine authorities have increased efforts to contain an oil spill from a sunken fuel tanker that has affected coastal towns and was still spreading, the environment ministry...

The Princess Empress tanker, which was carrying 800,000 liters of industrial fuel when it sank off Mindoro province, didn’t have the permit to sail, the nation’s maritime authority said at a Senate hearing Tuesday.

The small tanker that sank off Oriental Mindoro on February 28 lacked the proper paperwork to sail, according to Philippine maritime administration MA...