ORE profit down on high costs
By Riza T. OlchondraORIENTAL Peninsula Resources Group Inc. (ORE) posted a 4-percent drop in net income in 2012 amid higher production costs, “unstable” foreign exchange rates and “erratic” nickel prices.
ORIENTAL Peninsula Resources Group Inc. (ORE) posted a 4-percent drop in net income in 2012 amid higher production costs, “unstable” foreign exchange rates and “erratic” nickel prices.

Chinese-Filipino businessmen are still smarting from President Aquino’s allegations that some of its members have been evading taxes.

The head of the 207-member Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) has vowed to strongly support not only the government’s tax collection campaign but also President Aquino’s “Daang Matuwid” crusade.

Life goes on in the town of Narra in Palawan after the successful clean-up program implemented by Citinickel Mines and Development Corporation, Inc. (CMDC) on areas affected by the silt spill from its mines’ silt ponds.

Do you personally know someone who needs a home and has a beautiful story to share? Now, you have the chance to be their true friend.

Manila-based International Container Terminal Services Inc. (ICTSI) is pulling out of Syria amid a “full-fledged” civil war that continues to threaten the financial viability of the company’s operations and the safety of its personnel.

Various groups are seeking a reversal of a Supreme Court upholding as valid and legal the sale of the 246-megawatt Angat hydroelectric power plant in Bulacan to Korea Water Resources Corp. (K-Water), a leading water and power company in South Korea.

One of the most important factors people consider in buying a home is accessibility. Property Company of Friends, Inc. (PRO-FRIENDS) believes that an ideal community should be close to business and commercial areas, schools, recreation centers and other places of interest.

“I started very young in the events business 20 years ago,” says Mayose Gozon-Bautista, president of Cut Unlimited, Inc. “I have seen the heyday. Those were challenging and difficult times.”

Stakeholders of various industries on Monday agreed with President Benigno Aquino’s claim that the Philippines has opened itself to business again, given the reported improvements in governance, public works, as well as services.

Amalgamated Motors Philippines, Inc. (Ampi) welcomes any investigation the Department of Transportation and Communications (DoTC) will make regarding the recent glitch in the issuance of licenses, said AMPI spokesperson Melanie Cuevas in an interview on Sunday over Radyo Inquirer.
The SM group led by tycoon Henry Sy, Sr. confirmed on Thursday that negotiations were going on for its acquisition of a majority stake in the property holding firm of the Ortigas family, one of the biggest landlords in the metropolis.