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Nickel Asia sees better ore output, slashes capex
Nickel Asia Corp expects better ore output this year, driven by the start of two new mine operations and the possible increase in global nickel prices......»»
Factory output growth picks up in January
The country’s factory output went up at a quicker pace in January from the previous month due mainly to the slower contraction in production of electronic products and beverages, according to the Philippine Statistics Authority......»»
Lower output cuts Philex profit
Pangilinan-led Philex Mining Corp. saw its 2023 core net income decline to P963 million year-on-year due to lower output and elevated operating costs and expenses......»»
Factory output growth slows sharply in 2023
The country’s manufacturing output expanded at a slower pace in 2023 as food, beverages and 12 other industry divisions registered declines, according to the Philippine Statistics Authority......»»
Dean Wade scores 20 in fourth, Cavs rally to stun Celtics and end winning streak
Cleveland Cavaliers’ Dean Wade Scores 20 Points in Fourth Quarter to Stun Boston Celtics 105-104 In a surprising turn of events, the Cleveland Cavaliers pulled.....»»
Non-banks’ domestic claims up by 15 percent in Q4
The domestic claims of non-bank financial institutions increased by 15 percent to P9.05 trillion in the fourth quarter of 2023 from P7.87 trillion in the same quarter in 2022, based on a survey of the Bangko Sentral ng Pilipinas (BSP)......»»
‘Like a superpower’: LeBron James amazed by his 4th-quarter tear vs Clippers
‘During it, you don’t feel anything. It’s like a superpower,’ says Lakers superstar LeBron James of his 19-point fourth-quarter outburst against the Clippers.....»»
Economy likely grew by 6.2 percent in Q4
The Philippine economy likely posted a faster growth rate in the fourth quarter of 2023 than in the third quarter, supported by gains in the labor market, according to an economist......»»
Banks see higher loan demand in Q2
Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»
Banks expect higher consumer, corporate loan demand in Q1
Despite the higher for longer interest rate scenario, Philippine banks still expect a stronger loan demand from companies and households in the first quarter of the year, according to the Bangko Sentral ng Pilipinas......»»
Tobacco output seen surpassing 42 million kg this year
The country’s tobacco production this year could expand to a three-year high of over 42 million kilograms on the back of higher demand and better prices, the National Tobacco Administration (NTA) said......»»
Philippine agricultural sector grows 1.2 pct in 2023
MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»
Philippine agricultural sector grows 1.2 pct in 2023
MANILA, Feb. 2 (Xinhua) -- The Philippine agriculture sector grew by 1.2 percent in 2023, driven by higher poultry and livestock production, increased fruit harvest and record rice output, the Philippines' Department of Agriculture (DA) said Friday. "Agriculture has contributed positively to the growth of the economy last year. But certainly, we could do more," Agriculture Secretary Francisco Tiu Laurel said......»»
Higher output lifts Atlas Mining profit
The improved production of copper and gold more than doubled the bottomline of Atlas Consolidated Mining and Development Corp. to P563 million in the first quarter......»»
Didipio mine on track to hit output target
Didipio gold mine is on track to hit its 2024 production guidance after producing over 26,000 ounces of gold and 3,000 metric ounces of copper in the first quarter, OceanaGold Corp. said......»»
EDITORIAL — The fourth worst
Here’s another problem that turns off foreign investors, and its solution does not call for amending the Constitution. Business class travelers – people with the type of money that can provide job-generating enterprises in the Philippines – have ranked the Ninoy Aquino International Airport as the fourth worst gateway in Asia and the Middle East......»»
NBA Playoffs: Thunder sweep Pelicans to advance
The Oklahoma City Thunder sealed a 4-0 series sweep of the New Orleans Pelicans to book their place in the NBA playoffs second round. The Western Conference top seed Oklahoma City finally got the better of New Orleans with a late scoring burst in the fourth quarter to complete a 97-89 road victory in Louisiana......»»
NBA: Clippers hang on to beat Mavs after blowing 31-point lead
DALLAS — Paul George and James Harden each scored 33 points while playing key fourth-quarter roles to help the Los Angeles Clippers hold on after blowing a 31-point lead and beat the Dallas Mavericks 116-111 on Sunday, evening the first-round series at 2-2. The Clippers won again without Kawhi Leonard, who missed the series opener.....»»
Hotshots stymie Fuel Masters
The Magnolia Hotshots pulled away in the fourth quarter and dealt the Phoenix Fuel Masters a tough 103-97 drubbing Sunday afternoon in the PBA Philippine Cup at the Ninoy Aquino Stadium in Manila......»»
NEDA chief sees 2015 growth at 6% despite typhoons
By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government is optimistic about achieving its target economic growth of 6.9 percent in the fourth quarter despite the devastation wrought by typhoons,........»»