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SC to hold oral arguments on petitions vs 1995 mining law on April 16

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The Supreme Court on Tuesday stopped the Bureau of Internal Revenue, the Department of Finance and the Securities and Exchange Commission from requiring firms to disclose an alphabetical list (alphalist) of investors who receive income payments and dividends, a regulation that has stirred concerns of capital flight and its crippling effects on the economy.  INQUIRER FILE PHOTO

The Supreme Court will hold oral arguments on the petition challenging the Philippine Mining Act of 1995 when it goes to its annual summer session in Baguio City on April 16.

Posted: January 24th, 2013 in Latest Business Stories | Read More »

Canada ‘discouraged’ by open-pit mining ban

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The Canadian Embassy in the Philippines is disappointed over Zamboanga del Norte’s passage of an ordinance banning open-pit mining, saying this runs counter to what the national government wants to do with the local mining industry. “We are discouraged that our mining investments are being frustrated. (What happened recently is) not within the jurisdiction of […]

Posted: November 4th, 2011 in Headlines | Read More »

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