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Lower nickel, cobalt prices sent Nickel Asia profit falling in 2023

Nickel Asia Corp., a listed natural resources development company, said Wednesday net income last year dropped 53 percent to P3.7 billion due to lower nickel ore...

Ayala Land merger with 34 units to improve operations, fund management 

Listed property developer Ayala Land Inc. said Wednesday it will absorb 34 companies it either owns directly or through AyalaLand Estates Inc. and AyalaLand...

For the nth time, BSP says PhilID is official and sufficient proof of identity

The Bangko Sentral ng Pilipinas (BSP) has directed banks and other BSP-supervised financial institutions (BSFIs) to place the Philippine identification card (PhilID) at the top of the list of acceptable valid IDs, being the official government-issued ID.

ACEN Australia commits to supply Marubeni unit with renewable energy from NSW solar farm

ACEN Corp. subsidiary, ACEN Australia has agreed to provide Australia-based SmartestEnergy with renewable electricity generated from the first stage of the New England Solar project in New South Wales.

PCAFI urges milk processors to go local and refrain from importing dairy

The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is urging the government to enforce the law requiring commercial milk processors and traders to secure a portion of their milk supply from local sources.

Just in

Lawmaker urges urgent shift to E15 fuel blend to cut costs, save sugar industry

A Negros Occidental lawmaker is pushing for an immediate increase in the country’s ethanol-blended fuel from 10 percent (E10) to 15 percent (E15), calling it a “practical and timely” solution to rising fuel prices and the worsening crisis in the sugar sector.

Mead Johnson relocates to Uptown Bonifacio hub

Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.

Nickel Asia subsidiary provides P4.44M for Bataan power line expansion

Jobin-SQM Inc. (JSI), part of Nickel Asia Corp.’s clean energy unit Emerging Power Inc. (EPI), has handed over P4.44 million to the Peninsula Electric Cooperative (Penelco) to fund the expansion of power lines in Bataan.

Solar irrigation brings big savings to CamSur farmers

Farmers in Camarines Sur now have a more affordable and reliable way to water their crops after the Department of Agrarian Reform (DAR) turned over P332 million worth of solar-powered irrigation systems.
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