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

Corporate Context.ph Context.ph -
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

Top News Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Agriculture Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
Globe Telecom Inc. on Monday said its prepaid e-SIM will be available by the end of the month.
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Food security is not a rice-growing contest

Opinion 0
Filipinos have long treated food security and food self-sufficiency as though they were the same, as if a country that grows all the food it eats automatically has a well-fed population.

NAIA welcomes 1.3 million passengers during Undas, exceeds expectations

Transport & Logistics 0
The Ninoy Aquino International Airport recorded a strong surge in passenger traffic this Undas, handling close to 1.3 million travelers over the nine-day holiday period and surpassing both initial forecasts and last year’s figures.

P1.2B UAE grant eyed to cut Pasig River waste by 25%

Environment 0
The Philippines is seeking a P1.2-billion grant from the United Arab Emirates (UAE) to reduce plastic and organic waste entering the Pasig River system by 25 percent over five years, with the proposed program targeting weaknesses in household garbage segregation, collection and waste processing.

Salmon Bank simplifies account opening with National ID QR code integration

Banking & Insurance 0
Opening a bank account just got easier for millions of Filipinos, as Salmon Bank now lets customers complete their application by simply scanning their National ID QR code and doing a quick liveness check—no need to present or upload physical identification documents at all.

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