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Salsanis Analytics

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

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.

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