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DMCI Mining expands operations with new mines, boosts production

DMCI Mining Corp., an emerging nickel producer, is set to significantly expand its operations this year with the operations to two more mines from a single operation in 2024.

CIMB Bank PH generates P60-B new deposits with 25% interest rate promo

CIMB Bank Philippines, a digital-only bank, attracted P60 billion in new deposits in just two months under a promotional campaign offering a 25 percent annual return on customer deposits.

Meralco secures P75B credit line for energy expansion

The Manila Electric Co. (Meralco) has secured a P75 billion credit facility to finance key investments, including the acquisition of energy assets and other corporate initiatives.

ERC defers decision on universal charge hike, raising uncertainty for consumers

The Energy Regulatory Commission (ERC) has postponed its decision on several proposed rate hikes for the universal charge for missionary electrification (UCME), which funds off-grid power plants across the Philippines.

U.S. FDA takes coconut off allergen list, boosting PH export potential

The U.S. Food and Drug Administration (FDA) has officially excluded coconuts from its classification of tree nuts, a decision expected to open up new commercial opportunities for Philippine coconut products.

Just in

The living dead of payday

In high school, our mentors taught us noun declensions, Caesar’s campaigns in Gaul and four-part harmony. Somewhere between Latin and music, we also acquired the comforting belief that we were neither rich nor poor. With P50 in our pockets, we could go places and still come home with change. Life was a picnic. We did not realize the picnic had an expiry date.

From OFW to MICHELIN awardee

The road to a MICHELIN award does not always pass through a famous culinary school. Sometimes, it begins with an overseas job, a stint aboard a ship, and years spent building a career far from home.

Perpetual Help hospital eyes upgrades as healthcare demand grows

A growing population means more patients at the hospital door, and Perpetual Help Medical Center–Las Piñas (PHMC-LP) is looking to expand its capabilities as healthcare demand rises across southern Metro Manila.

NFA cuts palay handling time, costs with one-ton bags

The National Food Authority (NFA) has substantially reduced palay handling time and costs in a pilot test of one-ton bags, replacing conventional 50-kilogram sacks in a system that could speed up grain procurement, maximize warehouse capacity, and free up funds for buying more palay.
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