DOF assures environmental protection under new mining regime
The Department of Finance (DOF) has assured the public that the newly signed Republic Act No. 12253, or the Enhanced Fiscal Regime for Large-Scale Metallic Mining Act, will strengthen environmental safeguards while optimizing the country’s mineral wealth for inclusive and sustainable development.
Taiwan Fructose taps First Gen for green energy
The Philippine unit of Taiwan Fructose Co. Ltd., a global sweetener manufacturer, has partnered with First Gen Corp. to power its Batangas facility with clean energy from geothermal sources.
PLDT, Smart expand anti-cable theft campaign
Telecom giant PLDT Inc. and its wireless arm Smart Communications, Inc. have launched the nationwide expansion of their barangay-based asset protection initiative, aimed at curbing cable theft and safeguarding telecom infrastructure. Initially piloted in Makati City, the campaign has now reached key areas such as Pangasinan, Davao, and Cebu, with more rollouts planned.
BSP, DOLE ink data-sharing deal for better policymaking
The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) signed a memorandum of understanding (MOU) to enhance data sharing and collaboration, in a ceremony held at the BSP head office in Manila.
Asiabest to raise P24.66B for infrastructure pivot
Asiabest Group International Inc. is raising up to P24.66 billion as it accelerates its transformation into a full-fledged infrastructure and real estate player. The move marks a major step in the company’s strategic pivot under the leadership of chairman Francis Lloyd Chua.
