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.
Filinvest REiT declares entire 1Q net profit as cash dividend
Filinvest REIT Corp., the listed real estate investment trust of Filinvest Land Inc., said Friday its board approved the declaration of P304 million of distributable income as cash dividend for shareholders on record 24 May.
