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First research and development facility for agri machinery soon to operate in Nueva Ecija

The Department of Agriculture, through the Philippine Center for Postharvest Development and Mechanization (DA-PhilMech) and the Korea International Cooperation Agency (KOICA), has launched the...

Australian government grants awards scholarships to over 50 Filipinos 

A new batch of high-achieving Filipinos will start their postgraduate studies in Australia by January 2024 under Australia Awards.  The contingent includes 54 scholars...

Exporter group pushes passage of economic, trade-related bills to boost export rebound

Exporters are pushing Congress to pass several economic and trade-related bills needed to sustain the rebound in exports amid the continuing weakness in the global economy, as they also hope for the renewal of some trade preference programs that help the country maximize overseas market openings for its products.

November GIR rises to US$101.3 billion

The country’s gross international reserves (GIR), an indicator of capacity to pay maturing foreign obligations, rose to USD101.3 billion as of end-November 2023 from the end-October 2023 level of USD101.0 billion, the Bangko Sentral ng Pilipinas (BSP) said.

Globe taps four lenders to finance capex requirement

Globe Telecom, Inc. on Friday signed  a term loan agreement with BDO Unibank, Inc. for P20 billion to finance its capital expenditures, pay obligations and other corporate requirements. 

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Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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