US, Sweden, Japan jointly evaluate feasibility of a Subic-Clark-Manila-Batangas rail line
The Department of Transportation (DOTr) is looking into the feasibility of a Subic-Clark-Manila-Batangas Railway, a key component of the government plan to establish a logistics corridor in Luzon.
Changing of the guards at Robinsons Retail: Lance to step down, Robina to become chairwoman
Robinsons Retail Holdings Inc., the retail arm of the Gokongwei Group, will soon see a changing of the guard as Lance Gokongwei relinquishes his seat as director and chairman of the board at the end of the year.
Philex earning hurt by interest expense, forex losses
Philex Mining Corp., the country’s largest gold producer, said Friday net income in the second quarter dropped 32 percent year-on-year to P214.7 million, weighed down by other charges such as foreign exchange losses and interest expense.
NFA chief leads Council in groundbreaking Davao visit
DAVAO CITY—National Food Authority Administrator Larry Lacson led a three-day visit to Davao by the NFA Council to review the agency’s operations, inspect facilities and conduct a dialogue with farmers’ groups to provide council members an on-ground perspective and better understanding of farmers’ plights and concerns.
Government budget deficit narrows in June to P209.1 billion
The National Government posted a narrower budget deficit in June—P209.1 billion compared with P225.4 billion a year ago—as revenue collection led by the Bureau of Internal Revenue and the Bureau of Customs increased faster than government expenditures.
