Agri & Mining
Rice Tariffication Law enabled NFA to cut losses by 38% to P9.6b in 2021
The National Food Authority reduced its net loss by 38 percent to P9.6 billion in 2021 from P15.44 billion in...
DA urges DOJ to speed up prosecution of agri-smuggling cases, jail culprits
The Department of Agriculture (DA) is urging the Department of Justice (DOJ) to speed up the prosecution of cases involving...
UBX, Oh Crop! launch sustainable agri financing
UBX, the leading open finance platform in the Philippines, and Oh Crop!, the country’s top Adlai rice brand, teamed up...
FNI eyes 12.7% rise in nickel ore shipments
Global Ferronickel Holdings Inc. said Wednesday it plans to ship 5.5 million wet metric tons of nickel ore this year,...
Philex defers P3.15-b stock rights offering
Philex Mining Corp. has deferred its P3.15-billion stock rights offering due to volatile market conditions. Philex said in a disclosure...
SL Agritech selling another P2-b notes
Pioneer hybrid rice producer SL Agritech Corp. (SLAC) is raising another P2 billion through the issuance of corporate notes that...
Benguet Corp.’s revenues hit P3.8b
Listed miner Benguet Corp. posted higher revenues in 2021 on the back of strong metal prices and favorable market condition...
How Putin invasion left ‘Nickel King’ on hook for billions
By Poornima Weerasekara with Dessy Sagita in Jakarta BEIJING, China—The play by Xiang Guangda, China’s “Nickel King,” was to use...
Guinea signs $15-b deal for vast iron mine with Rio Tinto
CONARKY, Guniea—Guinea’s ruling junta has reached a $15-billion deal with Rio Tinto and an Asian-Guinean consortium to exploit the vast...
Lack of cold storage bugs onion industry
Red onions producers are incurring up to P6 billion in post-harvest losses because of the lack of cold storage facilities...
Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.