DAVAO CITY – After the national government announced it would no longer pursue loan negotiations with the Chinese government for the Mindanao Railway Project, Mindanao Development Authority (MinDA) Secretary Leo Tereso Magno said that there are three foreign private companies that are interested...
DAVAO CITY – The Mindanao Development Authority (MinDA) will conduct a study on the Mindanao Intermodal Network System in a bid to upgrade the land, air, and sea transportation on the island. Yvette Valderia, Project Development Division chief of MinDA, said in an interview that the public...
Cebu-based Top Line Business Development Corp. (Topline) is pursuing robust expansion on its core business in the fuel industry, primarily to meet the growing needs of retail as well as commercial end-users in its main market in the Visayas. According to Topline Chairman Erik Lim, who is also the...
Hydrogène de France (HDF Energy) and partner-firms are targeting to invest $1.5 billion for the rollout of green hydrogen solutions across 15 project-sites in the country – primarily areas in Mindanao that are physically isolated from the main grid and have been relying heavily on diesel-fired...
The PSEi ended the week on positive footing after Typhoon Carina finally left the country. The main index rose by 55.74 points or 0.84 percent to close at 6,726.01 led by the Property sector with only Miners in the red. However, volume remained tepid at 924 million shares worth P4.37 billion as...
DAVAO CITY – Mindanao Development Authority (MinDA) Chairman Secretary Leo Tereso A. Magno is confident that Mindanao will soon establish a resiliency resource center to manage and respond to disasters and emergencies effectively. MAGNO (FB) Magno revealed that a resolution was adopted during...
Local share prices fell in the aftermath of Typhoon Carina even as sentiment was also dampened by weaker US markets. The main index lost 82.85 points or 1.23 percent to close at 6,670.27 as Miners led the drop across the board. Volume was weak at 553 million shares worth P3.98 billion as losers...
Filinvest Hospitality Corporation, a subsidiary of the Gotianun Group’s Filinvest Development Corporation, is expanding its standalone restaurant business by developing a 730-square-meter prime property in Camp John Hay, Baguio City. The firm said in a disclosure to the Philippine Stock Exchange...
DAVAO CITY – The Mindanao Development Authority (MinDA) backs President Ferdinand R. Marcos Jr. and looks forward to working closely with his administration to achieve their shared vision for a brighter future for Filipinos. “His vision for the Philippines is inspiring and aligns with our goals...
The local stock market rose after President Ferdinand R. Marcos Jr.’s State of the Nation Address despite the drop in property stocks due to the announced POGO ban. The main index rose by 41.07 percent or 0.61 percent to close at 6,753.12 as Conglomerates led the advance while the Property and...
The local stock market dropped on profit-taking, prompted partly by the withdrawal of US President Joe Biden as candidate for reelection later this year. The PSEi lost 79.64 points or 1.17 percent to close at 6,712.05 with the Services sector leading the retreat while the Property and Mining...
Atlas Consolidated Mining and Development Corporation, a copper producer controlled by the Ramos family and the SM Group, reported a 158 percent surge in net income to P2.07 billion in the first half of 2024 from P803 million in the same period last year. In a disclosure to the Philippine Stock...
