Higher gold, copper prices buoy Philex earnings
Philex Mining Corp. generated P200 million in core net income and earnings before interest, taxes, depreciation and amortization of P506 million in the third quarter, higher than the previous on higher commodity prices.
Meralco, PLDT Data Center Arm Launch Key Facility in Laguna
The Manila Electric Co. (Meralco) has unveiled a new 115-kilovolt switching station to support the power needs of the country’s largest hyperscale data center, VITRO Inc.’s AI-ready facility in Sta. Rosa, Laguna.
Philippine unemployment drops to 3.7% in September
The Philippine Statistics Authority on Wednesday reported a significant improvement in the labor market In September, with the economy creating more jobs to trim the unemployment rate down to 3.7 percent.
Benguet Corp. raises P440M via private placements
Benguet Corp., a listed mining company, said Wednesday it raised P440 million in fresh capital through two separate private placement agreements with Red Earth Mineral Resources Corp.
PSA: 3Q farm output value down 3.7%
The Philippine Statistics Authority reported that the value of agriculture and fisheries production in the third quarter fell 3.7% year-on-year to P397.43 billion, primarily...
