Philex Mining Corp., one of the largest copper and gold producers in Southeast Asia, has taken the initial steps to acquire a stake in Macawiwili Gold Mining and Development Co. Inc., a gold and copper miner in Benguet.
The 17-member Credit Card Association of the Philippines (CCAP) believes the 100-basis point hike in the ceiling on interest rates or finance charges delivered by the central bank’s Monetary Board would boost competition.
The United States Department of Agriculture (USDA) is encouraging local businesses to make more use of sustainable aviation fuel (SAF).
The SAF is an environmentally...
The various agricultural stakeholders remain at odds over the government decision keeping low the tariff on mechanically deboned meat (MDM) of chicken and turkey at 5 percent till the end of 2024.
Cebu Landmasters Inc. (CLI) posted a 13 percent increase in net income to ₱2.49 billion for the first half of 2025, up from ₱2.21 billion a year earlier, driven by stronger real estate and hotel revenues.
The Asian Development Bank (ADB) has approved a USD400 million loan to help the Philippines combat hunger, food insecurity, and undernutrition—particularly among the country’s poorest households—as climate and disaster risks continue to escalate.
Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.
San Miguel Global Power (SMGP) emphasized the regulatory primacy of the Philippine Electricity Market Corp. (PEMC) after its market surveillance committee (MSC) and board cleared the Ilijan Gas Power Plant of any violation over its June 2022 outage — directly challenging a recent show cause order issued by the Energy Regulatory Commission (ERC).