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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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New fish farming technology launched in Western Visayas

The Department of Agriculture and National Fisheries Research and Development Institute are bringing snubnose pompano farming to Western Visayas, offering fish farmers a profitable new option.

Central bank sets ₱1.0-billion capital standard for small banks going digital

The Bangko Sentral ng Pilipinas (BSP) has rolled out new operational guidelines requiring thrift, rural, and cooperative banks to secure at least ₱1.0 billion in capital if they adopt digital-heavy business models. Issued under Circular No. 1240 on September 21, 2026, the policy ensures that smaller institutions venturing into the digital space operate safely while protecting everyday depositors from financial risks.

Dizon: Hybrid flood control with foreign expertise to target local needs

Public Works Secretary Vince Dizon is pushing for a mix of engineered and nature-based solutions, backed by international know-how, to better tackle flooding across the country.

PH Resorts doubling capital stock to P20B, erasing deficit in restructure push

PH Resorts Group Holdings Inc., led by businessman Dennis Uy, will boost its authorized capital stock to P20 billion—more than double the current P8 billion—to wipe out its capital deficit and restore positive shareholder equity in two years.

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