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Mining, property shares lead stock market rally

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INQUIRER FILE PHOTO

The local stock index firmed up on Wednesday as the sell-off in the past three days attracted some bargain-hunting.

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

Mining hobbled by gov’t ‘fixation’ on taxes

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The Aquino administration’s proposal to hike taxes on the Philippine mining industry to an effective rate of as high as 81 percent of a company’s net income may result in the government drawing in less revenue from the sector—the exact opposite effect of what it hopes to achieve.

Posted: October 13th, 2014 in Headlines | Read More »

Finance official sees good things miners do

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For one Finance official, the one major obstacle the mining industry has to overcome is the public’s negative perception of its operations in the country.

Posted: September 22nd, 2014 in Headlines | Read More »

Platinum Group Metals considers backdoor listing on PSE

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Nickel and iron miner Platinum Group Metals Corp. is eyeing a backdoor listing on the Philippine Stock Exchange (PSE), through Southeast Asia Cement Holdings Inc. (Seacem), and may conduct a follow-on offer to take advantage of rising nickel prices.

Posted: September 12th, 2014 in Headlines | Read More »

More int’l firms prefer to set up base in Manila

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The Philippines is on its way to become a cost-effective hub for multinational companies (MNCs), according to global real estate consultancy company Cushman & Wakefield.

Posted: September 8th, 2014 in Headlines | Read More »

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