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Phoenix Petroluem widens 3Q loss but oil firm sees signs of recovery

Phoenix Petroleum Philippines Inc., the listed oil company of businessman Dennis Uy, reported Friday a wider net loss in the third quarter as sales declined, operating costs rose and financing charges ballooned.

Metrobank discarding old app for new

Metrobank is encouraging its clients to switch to the new Metrobank app, as the old app is set for deactivation. To enjoy uninterrupted mobile...

Big time onion smuggler arrested, DA chief says

Newly-appointed agriculture secretary Francisco “Sec Kiko” Tiu Laurel, Jr., said law enforcers have captured a big-time onion smuggler in Batangas. 

Agri chief eyes better post-harvest, farm logistics to cut food cost

Agriculture Secretary Francisco Tiu Laurel, Jr. said improving post-harvest facilities to boost yield and enhance logistics in the farm sector are among the key measures to reduce the cost of agricultural products.

Robinsons Retail extends share buyback program; budgets P1B

Robinsons Retail Holdings Inc., a part of the Gokongwei Group, said Friday its board approved the extension of its shares buyback program and budgeted...

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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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