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DENR team out to ensure Chocolate Hills resort remains closed as ordered

The Department of Environment and Natural Resources (DENR) on Wednesday organized an inspection team to see to it that the closure order against an alleged illegally operating resort within the Chocolate Hills in Bohol is enforced.

Core unit contributions push Ayala Corp. income 39% higher in 2023

Conglomerate Ayala Corp. on Wednesday reported net income growing 39 percent in 2023 to P38.07 billion from P27.39 billion in 2022 on the back of strong contributions from its banking, property development and energy businesses. Revenue grew 11 percent to P341.89 billion from P306.64 billion. 

Mined metals value up 4.8% in 2023 to P249 billion

Improved metals prices, particularly in gold and nickel, allowed the country's metallic minerals industry to grow 4.8 percent in 2023 to P249.05 billion from only P237.66 billion in 2022, the Mines and Geosciences Bureau (MGB) reported on Wednesday,

PhilMech distributes equipment under Rice Fund; allots P24.9B-fund for procurement

The Philippine Center for Postharvest Development and Mechanization (PHilMech) has distributed 26,412 farm equipment over the last four years through the mechanization program bankrolled by the Rice Competitiveness Enhancement Fund, or Rice Fund.

Globe completes deployment of cell sites powered by hybid gensets

Globe Telecom Inc. on Wednesday completed the deployment of hybrid solar power across 26 sites nationwide. Their completion forms part of their commitment to...

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DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.
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