Tag: Gold

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Lower gold prices weighs down OceanaGold Philippines 1Q earnings

OceanaGold (Philippines) Inc. reported a sharp drop in earnings during the first quarter, weighed down by lower gold prices.

US markets plunge amid rising China trade tensions

U.S. shares tumbled on Thursday as mounting trade tensions with China overshadowed initial relief from President Donald Trump’s earlier decision to delay higher tariffs on America’s trading partners.

Trump signs aggressive tariff policy, escalates trade war

US President Donald Trump signed an aggressive "Reciprocal Tariff" policy on Wednesday, escalating tensions and increasing the likelihood of a trade war that could slow global economic growth.

Benguet Corp. expects better 2025 results after decline in 2024

Benguet Corp. announced on Thursday that its audited financial statement for 2024 revealed a decline in net income to P436 million, down from P554 million in 2023. The drop was largely attributed to the mining company's debt settlement.

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PNB expands ISO information security certification, includes Singapore branch

The Philippine National Bank has passed its surveillance audit for the ISO/IEC 27001:2022 information security standard and expanded the coverage of its certification, reinforcing its efforts to protect customer and business data.

P4M food hub upgrade boosts women’s livelihood in Muntinlupa

The Department of Agriculture (DA) and the Muntinlupa city government have invested P4 million to upgrade a local food hub that supports women-led enterprises and community food production.

Rising price pressures seen despite February inflation staying within target

Price pressures have been gradually building in recent months, even as February inflation remained within the central bank’s target and broadly in line with market expectations, according to economist Jonas Ravelas.

Japan grants $318K for waste, fisheries projects in Bohol and Palawan

Japan signed two grassroots development grants worth USD 318,098 (about P18.3 million) to improve waste management in Bohol and support indigenous fisheries livelihoods in Palawan.

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