Listed Apex Mining Co., Inc. (AMCI) is yet to operate its Maco Mine in Davao de Oro at full capacity after more than 20 percent of its workers in the area contracted COVID-19 in December last year. Based on its report to Mines and Geosciences Bureau (MGB), AMCI said that its mine and mill...
Classic OPM got a lot of attention these past few weeks ever since a series of vinyl reissues were announced by Vicor Records. Audiophiles and vinyl record specialty stores alike got a big buzz when classics by Ric Segreto, VST & Company, Rico J. Puno, Sharon Cuneta, Rey Valera, Freddie Aguilar...
The local stock market is seen to be weighed down by concern over the impact of the new COVID-19 strain although this may be counterbalanced by excess cash in the system as well as developments overseas. “Next week, we may see sideways movement from the local market with a downward bias. Pandemic...
Despite the persistence of COVID-19 pandemic, which has been causing an increase in water consumption, government authorities and utility firms are confident that there will be no water crisis in the coming months, especially in summer. “We can assure of sufficient water supply for summer this...
Automation and digitalization in the operations of various industries are expected to displace 19.3 million Filipino workers if they failed to upskill or reskill, according to a study. Bo Huang, Expert Associate Partner at McKinsey & Company, said in a presentation at the Manufacturing Summit...
In a bid to expand and rollout a fifth generation (5G) standalone network in the country, the self-professed fourth telco, the NOW Group of Companies partnered with Finnish technology leader, Nokia. NOW Corporation and affiliate NOW Telecom signed a memorandum of understanding with Nokia to...
Except for the quarterly Foreign Currency Differential Adjustment (FCDA), customers of Manila Water Company Inc. and Maynilad Water Services Inc. won’t have to worry about any other water rate adjustment for the whole year of 2021. This was according to Metropolitan Waterworks and Sewerage System...
The Asia Leaders Awards, a prestigious annual award-giving body that recognizes different individual leaders in their respective fields with emphasis on giving importance to the country as an emerging business hub, has recognized JC as the Multi-Level Marketing Company of the Year. JC, a...
Energy Secretary Alfonso G. Cusi defended the seemingly ‘negligible’ $50 million capital requirement for foreign firms entering the Philippine geothermal sector saying the figure was the scale determined by the government for prospective investment areas on offer....
LT Group, Inc. reported a 9.0 percent growth in attributable net income for the first nine months of 2020 to P16.10 billion from the P14.72 billion reported for the same period last year. In a disclosure to the Philippine Stock Exchange, Philippine National Bank (PNB) contributed P2.24...
E-commerce has driven significant growth in the Philippine digital economy at 55 percent, according to the latest e-Conomy SEA 2020 report. Google, Temasek and Bain & Company released the fifth edition of the e-Conomy SEA 2020 At full velocity: Resilient and racing ahead Report released today...
I’ve been hearing a lot about pandemic fatigue these days. Aside from the exhaustion from the prolonged pandemic, which can only be “shortened” by a vaccine, people are tired of seeing the usual scenes and views at home. Now, more than ever, is a time for some change. Now, if you don’t have...