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Philippine national men’s floorball team gears up for World Championship qualifiers

The Philippine  men’s national floorball team is looking to finish in the top 3 at the Asia-Oceania Floorball Confederation tournament set in Pasig City later this month to book a ticket for the 2024 Men’s Floorball Championship scheduled in December in Malmo, Sweden.

TVIRD unit Greenstone suspends operation at Siana Gold mine as tailings dam collapse

Greenstone Resources Corp., a wholly-owned unit of TVI Resource Development (Phil.) Inc., on Saturday voluntarily suspended operations of its Siana Gold mine in Surigao del Norte after the embankment in one of its tailings storage facilities collapsed, resulting in mudslides that claimed several houses in Barangay Siana in Mainit town.

PLDT plans REIT route for data center should direct sale approach peter out

PLDT Inc. is at a crossroad on the subject of its data center business but firm on arriving at a decision by June this year on whether the business is sold off or alternatively retained as a public or listed real estate investment trust (REIT) entity.

Experts urge farmers to test heat-tolerant rice varieties

To prepare for projected temperature increases, the Department of Agriculture-Philippine Rice Research Institute (PhilRice) is urging farmers to test the adaptability of rice varieties that can withstand high temperatures in their locality.

IMI widens net loss in 1Q to $3.67 million on weaker revenue, higher interest expenses

Integrated Micro-Electronics Inc. reported Friday a wider net loss of USD3.67 million in the first quarter, dragged down by weaker revenue, higher interest expenses and bank charges, and wider foreign exchange losses.

Just in

DTI pushes VinFast to build Philippine EV plant

The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

Cebu snack maker signs power supply deal with COREnergy for 750 kW

Cebu-based snack manufacturer Prifood Corp has partnered with COREnergy, the retail electricity arm of Vivant Energy, to supply power to its manufacturing operations in the Philippines.

Prime Energy sees Malampaya Phase 4 delivering gas later this year

Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the  first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.

Marcos government eyes income upgrade, poverty decline soon

The administration of President Ferdinand R. Marcos Jr. says the Philippines remains on track to achieve upper middle-income status and further cut poverty rates within the President’s term, even as global uncertainties weigh on growth prospects.
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