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Category: business

Apex Mining resumes Maco mine activities after Davao quakes

MANILA, Philippines — Apex Mining Co. Inc. resumed operations of its Maco mine in Davao de Oro on Wednesday. This came after a temporary closure due to recent earthquakes. The Razon Group’s listed mining company suspended Maco operations last week following an order from the provincial government. READ: Ports tycoon Razon takes over Apex Mining

SM nearer to goal of 100th mall with latest opening in La Union

MANILA, Philippines — SM Prime Holdings Inc. has inched closer to its goal of having 100 malls by 2027 with the upcoming opening of its 89th domestic mall in La Union. The Sy family-led property giant on Wednesday disclosed that the 51,000-square-meter (sq m) SM City La Union would open its doors on Friday, Oct.

Power transmission rates dip in October billing

MANILA, Philippines — Electricity transmission rates will slightly drop in October’s electricity billing, according to the National Grid Corp. of the Philippines (NGCP). In a media briefing Wednesday, NGCP’s head of revenue management department Julian Ryan Datingaling said overall transmission rates for the September 2025 billing period dipped by 1.23 percent to P1.3998 per kilowatt

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