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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 Manila International Airport’s first runway ready by 2028

San Miguel Corp. on Tuesday confirmed that the first runway of the New Manila International Airport in Bulakan, Bulacan will be operational no later than the second quarter of 2028, even as other parts of the project face adjusted timelines.

RACE program revival could boost ICE vehicles

The government is weighing a revival of incentives for internal combustion engine (ICE) vehicle manufacturers under the Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, signaling a more technology-neutral approach to supporting the Philippine automotive sector.

Mandarin Oriental Makati redefines urban luxury experience

The upcoming Mandarin Oriental Makati marks a bold return of an iconic hospitality brand, reimagined for a new generation of urban travelers in Manila’s premier business district. 

Bohol-Panglao Airport shows green tourism growth potential 

As the world marked World Environment Day on June 5, Bohol-Panglao International Airport (BPIA) showcased how eco-conscious infrastructure can drive both tourism and economic growth.

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