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Cebu Pacific books P8 billion profit in 2023
Low-cost carrier Cebu Pacific found itself landing on solid ground in 2023, as it booked a profit of nearly P8 billion on the back of a resurgent demand for air travel......»»
Ayala Corp profit hits record high in 2023
Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»
Miracle rescue nearly 60 hours after Davao de Oro landslide
The rescue of a child on Friday nearly 60 hours after a landslide hit a gold-mining village in the southern Philippines has been hailed as a "miracle" after searchers had given up hope of finding anyone alive......»»
Ecozone investments slip by 9% in 4 months
Total investments approved by the Philippine Economic Zone Authority reached nearly P30 billion in the first four months of 2024, a nine percent decline from P33.094 billion worth of projects cleared in the same period last year......»»
WATCH: Daniel Padilla shares clip of new Batangas theme park with castle
On Instagram, the actor shared its promotional clip where he is seen sleeping in his pajamas until he wakes and is transported into its fold......»»
Marcos commends 6th ID’s peacebuilding efforts
President Ferdinand Marcos Jr. on Monday lauded the Army’s 6th Infantry Division for its unrelenting anti-terror campaign and its feats in securing the return to the fold of law of enemies of state now reintegrated into mainstream society......»»
CFC Gentle Giants reveal PFL fixtures
CEBU CITY, Philippines — The Cebu Football Club (CFC) Gentle Giants will start their Philippines Football League (PFL) 2024 season with three matches in April. To recall, the Gentle Giants has almost completed in the overhaul in its roster and coaching staff, introducing new and returning faces into its fold for the PFL. CFC had.....»»
DOH: Pertussis cases 20 times higher since January
The number of pertussis cases nationwide has increased 20-fold this year from 2023, according to the Department of Hea.....»»
DigiPlus allots P100 million for corporate outreach
Listed retail gaming provider DigiPlus Interactive Corp. is raising five-fold its planned spending on various projects and initiatives that provide support to important causes through the BingoPlus Foundation......»»
Super Micro Enters S& P 500 After Stock Price Surge of Over 20-Fold in Two Years
Super Micro Computer Inc. has reached a major milestone as it joins the prestigious S&P 500 index after a remarkable surge in its stock price......»»
EV sales soar six-fold, thanks to tariff relief
The adoption of electric vehicles in the country is gaining more ground, as Filipinos increasingly cater to eco-friendly modes of transportation amid the country’s effort to push for the electrification of transport......»»
Honor’s ultra sleek Magic V2 foldable phone takes direct aim at Samsung’s Galaxy Fold
#ExperienceMagicBeyondTheGalaxy announces a very confident Honor as it prepares for a February 21 launch.....»»
Central Visayas mining companies collect 3,000 kilos of trash on Earth Day
Central Visayas mining companies collect 3,000 kilos of trash on Earth Day.....»»
Indigenous people criticize business as usual mining practices
BRASILIA, Brazil - Indigenous representatives from 35 countries issued a declaration Thursday criticizing the fact that they are too rarely consulted about mining that takes place on or near their lands, an issue that has become more acute with increased demand for minerals needed in the transition to a cleaner energy system.'We recognize and support the need to end fossil fuel reliance and shift to renewable en.....»»
DENR: Review of mining rules underway
The DENR said it welcomes the calls of Sen. Risa Hontiveros to conduct an investigation into the environmental and social impacts of mining and quarrying, and to address the shortcomings in policies related to extraction of natural resources. .....»»
3 dead, 7 missing in Toledo City mining pit collapse
TOLEDO CITY, Cebu — Three individuals were confirmed dead while seven others have remained missing following a landslide at the mining pit of the Carmen Copper Corporation in Toledo City in midwestern Cebu on Monday afternoon. Personnel of the City Disaster Risk Reduction and Management Office (CDRRMO) have been conducting search and rescue operations since […].....»»
Government to issue guidelines for faster mining permits
The government is expected to issue the guidelines for streamlining the processing of mining permits within the year......»»
DENR, mining firm ink accord to rehabilitate Agusan Sur riverbank
BUNAWAN, Agusan del Sur (MindaNews / 8 March) – The Department of Environment and Natural Resources (DENR) and the Philsaga Mining Corp. (PMC) have agreed to rehabilitate a riverbank to provide easier access to the globally acclaimed Agusan Marsh Wildlife Sanctuary (AMWS) located in Lake Panlabuhan, Loreto town in Agusan del Sur. They signed on […].....»»
Low copper prices bring down Atlas Mining income by 65%
Earnings of Atlas Consolidated Mining and Development Corp. plunged by 65 percent to P1.12 billion in 2023 from P3.22 billion in 2022 due to lower global copper prices and payment of loans......»»
DOF mulls mining tax tweaks for royalties, windfall profits
The Department of Finance is pushing for higher rates and fewer tiers in taxing the extractive sector, but the mining industry argued that the proposed structure would make the sector more uncompetitive......»»