All posts tagged "hot"

  • PH should give foreign investors more leeway – NEDA chief

    The Philippines should “drastically” cut the number of sectors and activities closed or limited to foreign investors to get more of the investment flows into Asia, the socioeconomic planning secretary said, Reuters reported Sept. 15. Ernesto Pernia...

    • Posted September 18, 2017
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  • Miners to Duterte: Visit rehabilitated mine pits

    Newly-elected chairman of the Chamber of Mines of the Philippines (COMP) Gerard Brimo invited President Rodrigo Duterte to visit mining sites under their organization after the president said he wanted to stop all open-pit mining operations in...

    • Posted September 18, 2017
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  • Marcventures plans merger with 2 other miners

    Marcventures Holdings said it would merge with Asia Pilot Mining Philippines and BrightGreen Resources Holdings, with the company as the surviving entity, ABS-CBN reported on Sept. 11. The nickel ore producer told the stock exchange that it...

    • Posted September 18, 2017
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  • Chamber of Mines picks Brimo as new chair, names other trustees

    The Chamber of Mines of the Philippines (COMP) has elected mining veteran and ex-banker Gerard Brimo, president and chief executive officer of Nickel Asia Corp., as its new chair to lead the mining industry in navigating a...

    • Posted September 4, 2017
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  • Romualdez steps down from Benguet Corp., Chamber posts

    The president and chief executive officer of listed Benguet Corp. has decided to resign from his post due to health reasons, The Philippine Star reported August 25. In a regulatory filing, the company said its board has...

    • Posted August 31, 2017
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  • MGB cool to congressional franchise for mining operations

    The Mines and Geosciences Bureau (MGB) is against a bill in Congress that may require mining firms to obtain a legislative franchise before they begin operations. “MGB is not keen to support it. Mining is not a...

    • Posted August 31, 2017
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  • Mining sustains growth in first half; output yields P50.8B

    While there’s still a large deficit in the production of nickel ore in the Philippines, the value of the country’s total metallic output — now at P50.81 billion — still managed to go up in the first...

    • Posted August 29, 2017
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  • PH courts China, Japan for $135-B power push

    The Philippines is seeking investment from China and Japan for $135 billion worth of power projects that President Rodrigo Duterte’s government is ready to fast-track, Bloomberg News reported August 18. The Southeast Asian nation has held discussions...

    • Posted August 29, 2017
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  • More positive energy for economic growth

    By Dindo Manhit The Philippine Statistics Authority has released data indicating 6.5-percent growth in the gross domestic product in the second quarter of 2017, up from 6.4 percent in the first quarter. One of the factors essential...

    • Posted August 29, 2017
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  • DOE modifies ‘petroleum contracting’ scheme

    For prospective commercial discoveries, the Department of Energy (DOE) will be modifying the “upstream contracting round” for petroleum blocks at Philippine basins that could potentially yield fresh finds of indigenous oil and gas. According to Energy Secretary...

    • Posted August 29, 2017
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