Top News
Batang Gilas beats South Korea, advances to FIBA Asia U16 quarterfinals vs Japan
A torrid shooting display from beyond the arc propelled Batang Gilas past South Korea for the first time in FIBA youth competitions, sending the Philippine team to the quarterfinals of the FIBA U16 Asian Championship in Doha, Qatar.
Business sentiment down in 3Q, consumer mood slightly up
Elevated inflation and interest rates, costlier raw materials and production costs, falling sales and demand for goods and services due weather-related disruptions and other seasonal factors pushed the business confidence index lower in the third quarter to 35.8 percent from 40.8 percent a quarter earlier.
BSP keeps policy rate steady but signals prompt hike if warranted
The Bangko Sentral ng Pilipinas kept the rate at which it borrows from and lends to banks unchanged on Thursday at 6.25 percent but made it perfectly clear the policy-making monetary board will act as quickly as at its next rate-setting meeting in November and raise the polic ratey should this be warranted.
Sounds ironic but mining needed to foster green technology—MVP
Manuel Pangilinan, chairman of Philex Mining Corp., the country’s largest gold and copper producer, said Wednesday that as ironic as it sounds, the success of green technologies needed to pursue global sustainability goals depend on the growth the mining industry.
Government backs ambitious minerals development program with puny P60-million budget
The government has an ambitious minerals exploration and development program this year and beyond but has budgeted only P60 million for its execution.
