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Philippines
Tuesday, April 30, 2024

Othel V. Campos

El Niño damage at P4.39b; Angat level ‘alarming’

Damage to agriculture due to the El Niño phenomenon has breached the P4-billion mark, with Mindoro and Palawan sustaining the biggest blow, the Department...

PCC approves joint venture of Mitsui & Co., KDDI units

The Philippine Competition Commission (PCC) approved the proposed joint venture between subsidiaries of Mitsui & Co. Ltd. (Mitsui) and KDDI Corp. (KDDI), according to...

Groups ask gov’t to review PUV modernization

Business and labor groups called on the government to review the Public Utility Vehicle Modernization Program (PUVMP) and increase government support through financial institutions...

DA: Bulacan now free of bird flu

The Department of Agriculture (DA) declared the entire province of Bulacan free of the highly pathogenic avian influenza (AI), particularly the H5N1 strain, two...

OceanaGold eyes P6b in IPO proceeds to reduce debt

OceanaGold Corp., the mother unit of Oceana Gold Philippines Inc. (OGPI), confirmed Thursday that it plans to raise P6.08 billion from an initial public...

German firms seek suppliers from ASEAN

THE German-Philippine Chamber of Commerce and Industry (GPCCI), together with the German Association of Supply Chain Management (BME) and other German chambers in the...

SteelAsia borrows P8.3b from GSIS, banks

SteelAsia Manufacturing Corp., one of the world’s largest reinforced bar manufacturers, said Friday it secured an P8.3-billion loan from a consortium of banks to...

Tourism revenues jump 38%, exceed pre-pandemic level

Tourism revenues in the Philippines jumped 38.28 percent in the first quarter of 2024 to P157.82 billion from P113.98 billion in the same period...

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