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Philex needs $200M to immediately ramp up output at Silangan project

Philex Mining Corp. continues to look for investors that with at least $200 million to fund a significant ramp up ore production at its Silangan project in Mindanao scheduled to start producing gold and copper in the first quarter of 2025, the president of the country’s largest gold and copper producer said Tuesday.

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.

Ten-year Treasury bonds ease on strong demand at auction

The average rate on Treasury bonds due August 2033 eased at the auction Tuesday, with strong demand for the debt paper pulling down yield. 

Higher NFA palay buying price a win-win for farmers, traders

The government mandate for the National Food Authority (NFA) to increase its palay buying price may not matter much in terms of better retail price for the staple.

Card-less SIM for prepaid Globe by end-September

Globe Telecom Inc. on Monday said its prepaid e-SIM will be available by the end of the month.

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Philippine startup funding doubles as deal activity falls

Philippine startup funding more than doubled in the first half of 2026, but a shrinking number of transactions revealed a market increasingly reliant on a few large deals rather than broad-based investor participation.

BCDA, AG&P explore LNG power, AI infrastructure development

The Bases Conversion and Development Authority (BCDA) has partnered with Singapore-based Atlantic, Gulf and Pacific (AG&P) Group to study the potential development of a liquefied natural gas (LNG)-powered plant and artificial intelligence-ready digital infrastructure in New Clark City, as the emerging economic hub seeks to accommodate more technology-intensive industries.

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.

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