Press "Enter" to skip to content

Category: economy

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

GlobalSource: Proposed tax holiday ‘poorly targeted’

MANILA, Philippines — The proposed one-month income tax holiday would primarily benefit the middle class, exclude low-income workers and strain public finances without guaranteeing equivalent economic and social gains, GlobalSource said. Sen. Erwin Tulfo has proposed what he called an “extraordinary measure” in response to “resounding clamor” to “return the people’s money” amid a widening

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

Sitemap Index