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Philex gears up to boost operations at Padcal site

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Philex Mining Corp. is gearing up for a new five-year plan meant to further develop the Padcal mine in Benguet and help the company recover from the tailings leak accident two years ago.

Posted: September 19th, 2014 in Headlines | Read More »

Miners air anxiety over proposed bill

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Mining companies have expressed their uneasiness over a proposed bill of the interagency Mining Industry Coordinating Council, under which the government will receive a 10-percent share in the industry’s gross sale, or 55 percent of the adjusted net mining revenue, plus a share in windfall profit, whichever is higher. INQUIRER FILE PHOTO

Mining companies in the country have expressed their uneasiness over a proposed bill of the interagency Mining Industry Coordinating Council, under which the government will receive a 10-percent share in the industry’s gross sale, or 55 percent of the adjusted net mining revenue, plus a share in windfall profit, whichever is higher.

Posted: September 19th, 2014 in Editor's Pick,Headlines | Read More »

Thailand, Vietnam to ship 500,000 tons of rice to PH

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INQUIRER FILE PHOTO

Thailand and Vietnam are expected to ship in a total of 500,000 tons of milled rice in the next three months, representing the latest import purchase by the National Food Authority.

Posted: September 16th, 2014 in Headlines,Latest Business Stories | Read More »

Rice output expected to decline this year

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INQUIRER FILE PHOTO

The projected global output of milled rice declined by almost one percent to 500 million tons due to worsening harvest expectations in Asian countries, including the Philippines.

Posted: September 15th, 2014 in Headlines,Latest Business Stories | Read More »

Sluggish employment seen in Metro Manila

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AFP FILE PHOTO

The job market for large enterprises in Metro Manila was sluggish in the first quarter of 2014, according to the Philippine Statistics Authority (PSA).

Posted: September 15th, 2014 in Headlines,Latest Business Stories | Read More »

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