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Foreign investment pledges more than double

Foreign investment pledges approved by investment promotion agencies surged by more than 127 percent to P394.45 billion in the fourth quarter of 2023 from P173.61 billion a year ago amid the country’s strong economic performance, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

BARMM’s investment hubs get governance citations

Members of the Bangsamoro business sector were elated with the special awards for efficiency bestowed upon the local governments in the region's two new investment hubs on Thursday, recognizing the accomplishments as key factors that can enhance the investment potentials of both areas......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Maharlika ready to make first investment in 90-120 days

Maharlika Investment Fund CEO, Rafael Consing, said that the MIF would likely make its first investment “in the next 90 to 120 days”......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Data centers: Philippine’s new investment magnet

When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Data centers: Phl’s new investment magnet

When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Kapitolyo mipahunong sa dolomite mining sa Alcoy

Kapitolyo mipahunong sa dolomite mining sa Alcoy.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

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.....»»

Category: newsSource:  sunstarRelated NewsApr 26th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

Philippines rescuers find girl alive 60 hours after landslide - Philippines

Three-year-old has given fresh hope of finding more survivors in a gold-mining village where death toll has climbed to 27 The rescue of a child 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 more survivors. The girl, who the Philippine Red Cross said was three years old, had been among scores of people missin.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 2024

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. .....»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

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 […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

‘Suspend all mining ops’: Groups demanding accountability for Masara landslide

SEVERAL progressive groups gathered at Roxas Avenue in Davao City on February 20, 2024, aiming to hold a prominent mining company accountable for a significant landslide incident in Masara, Municipality of Maco, Davao de Oro......»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Death toll in Davao de Oro landslide climbs to 27 after burying mining workers

More casualties are being tallied by government officials following a deadly landslide that occused in Maco, Davao de Oro that buried two buses carrying workers of Apex Mining Co., Inc......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

At least 5 killed in landslide in southern Philippines

MANILA, Feb. 7 (Xinhua) -- At least five people were killed and 31 others injured due to a landslide on Tuesday that buried two buses and houses in a mining town in southern Philippines, local authorities said on Wednesday. The landslide took place on Tuesday night near a mining site in Maco town of Davao de Oro province, a local disaster agency said. The passenger buses were ferrying workers from the min.....»»

Category: newsSource:  manilanewsRelated NewsFeb 8th, 2024

Catholic church, communities launch anti-mining prayer assembly in Samar Island

Catholic church, communities launch anti-mining prayer assembly in Samar Island.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Local youth back local gov’t decision to deny mining entry in Sagay

Local youth back local gov’t decision to deny mining entry in Sagay.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Groups laud Sagay SP’s decision to reject Tambuli mining project

Groups laud Sagay SP’s decision to reject Tambuli mining project.....»»

Category: sportsSource:  abscbnRelated NewsJan 19th, 2024