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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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PH, US seek broader economic ties under new envoy

Economy 0
President Ferdinand R. Marcos Jr. signaled a renewed push to deepen economic and commercial ties with the United States as he welcomed newly appointed US Ambassador Lee Lipton to Malacañang on Tuesday, underscoring that the alliance between the two countries extends well beyond security cooperation.

Meralco targets new income record; eyes gas-fired plants in VisMin

Energy & Mining 0
The Manila Electric Co. (Meralco) is confident it can exceed last year’s record net income of ₱50.57 billion, citing rising electricity demand and stronger business performance.

Cement industry charts lower-carbon future, sustainable growth

Energy & Mining 0
The Philippine cement industry has unveiled a long-term roadmap to sharply reduce carbon emissions by 2050, seeking to reconcile the country's growing demand for cement with mounting pressure to decarbonize one of its most emissions-intensive industries.

Water execs meet LGUs preparatory to El Nino risks

Environment 0
The National Water Resources Board (NWRB) has brought together Metro Manila local government units and key national agencies to prepare coordinated measures against the expected impact of El Niño on water resources.

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