For the Philippine unit of Charoen Pokphand Group, a Thai multinational conglomerate which has been present in at least 15 countries in the last eight decades, the Philippines is an eye candy for the group’s expansion.
Overall sales of Ford Philippines doubled in February, jumping 108 percent year-on-year to 865 units.
Still reeling from the suspension of operations at its Padcal mine in Benguet, the country’s largest gold and copper producer Philex Mining Corp. reported that its core net income in 2012 plunged by 69 percent to P1.705 billion from P5.568 billion a year earlier.
Charoen Pokphand Foods Philippine Corp. (CPF) on Wednesday defended the tax incentives it receives from the government, claiming that its current production is hardly making a dent in the local livestock industry.
The government is readying the reform bills on tax incentives, investments and sharing agreements on mining revenues that it hopes to file at the start of the new Congress and be enacted within the year.
THE GOVERNMENT has already tackled more than half, or 65 percent, of the reforms proposed by foreign businessmen to help the Philippines boost trade and investment relations with other countries.
The Philippines, which is known as the world’s top rice importer, plans to pursue more aggressively its goal of going into rice exportation.
MANILA, Philippines—Atlas Consolidated Mining and Development Corp. posted a double-digit growth in its core income in 2012 following the “substantial increase” in its subsidiary’s copper production. Atlas, a diversified mining conglomerate, ended the year with a 46-percent increase in consolidated core income to P2.54 billion last year from P1.66 billion in 2011, the company [...]
For an official of Sagittarius Mines Inc. (SMI), proof of the “environmental soundness” of the company’s Tampakan gold and copper project in South Cotabato came in the form of an environmental compliance certificate (ECC) from the Department of Environment and Natural Resources.
The country’s largest mining project has finally gotten the green light from the Department of Environment and Natural Resources (DENR) but under stiff conditions, an official said on Tuesday.
Property developer Ortigas & Co. unveiled on Tuesday the latest addition to its retail portfolio, The Industria, a P400-million indoor-outdoor retail center inside its Circulo Verde project in Quezon City.
The Metropolitan Waterworks and Sewerage System (MWSS) has lined up P100 billion worth of major infrastructure projects this year in a bid to ensure water supply security for the country.
