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Guingona: Consistency, not Charter change, needed

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Sen. Teofisto “TG” Guingona III: No to Charter change. INQUIRER FILE PHOTO

Consistency in government policies would attract foreign investors more effectively than altering the economic provisions of the Constitution, a Liberal Party senator said on Sunday.

Posted: July 8th, 2013 in Latest Business Stories | Read More »

Mine spill fine too low? Don’t look at us–Philex

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A miner monitors quarrying operations at Philex Mining’s old open pit mine in Benguet. The P1-billion penalty paid by Philex Mining for the tailings spill that occurred at its Padcal mine site in August 2012 may have been “low,” according to Sen. Sergio Osmeña III. INQUIRER FILE PHOTO

The P1-billion penalty paid by Philex Mining Corp. for the tailings spill that occurred at its Padcal mine site in August 2012 may have been “low,” according to Sen. Sergio Osmeña III.

Posted: March 20th, 2013 in Latest Business Stories | Read More »

Miners seek Philex reopening

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A miner monitors quarrying operations at Philex Mining’s old open pit mine in Benguet. The P1-billion penalty paid by Philex Mining for the tailings spill that occurred at its Padcal mine site in August 2012 may have been “low,” according to Sen. Sergio Osmeña III. INQUIRER FILE PHOTO

Employees of Philex Mining Corp. staged a protest ritual in front of the Mines and Geosciences Bureau (MGB) headquarters in Quezon City on Wednesday to press for the reopening of the company’s Padcal mine in Benguet that the government ordered shut after a massive mine tailing spill in August last year.

Posted: February 7th, 2013 in Latest Business Stories | Read More »

PH needs to sustain 6.5% growth, says Neda chief

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Economic Planning Secretary Arsenio Balisacan. INQUIRER FILE PHOTO

The country’s chief economist said the impressive 6.5-percent growth for 2012 should be sustained for several years to allow it to seep through the grassroots and benefit ordinary Filipinos.

Posted: January 31st, 2013 in Latest Business Stories | Read More »

Fine banks that take in dirty money too–Joker Arroyo

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Sen. Joker Arroyo

Unless Philippine laws penalize a bank that accepts cash deposits of questionable origin, it would be useless to approve amendments to the Anti-Money Laundering Law (Amla), a senator has pointed out.

Posted: January 21st, 2013 in Latest Business Stories | Read More »

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