CATEGORIES

DENR to expand rollout of digital permit applications

The Department of Environment and Natural Resources (DENR) plans to implement its digital and parallel processing of all mining-related applications across all regions next year after piloting the system aimed at streamlining and fast-tracking approval of permits.

Political noise?

Over the past few weeks, the House quad comm hearings have taken the nature of a Netflix miniseries. The revelations were not shocking in the sense that they did not surprise us. We suspected as much all the while but we are now getting confirmation from some of the key people involved. Good thing the UniTeam broke up or all these would have remained secrets.

Nickel miners explore more sites, processing

Pangilinan-led Philex Mining Corp. said it is exploring a potential nickel mine site in Pangasinan as part of its efforts to capitalize on the rising demand for the green metal amid a global push to transition to clean energy.

Medicare Plus raising capital to P120 M

Health maintenance organization (HMO) provider Medicare Plus Inc. expects to end the year with a P120-million capital base to ensure compliance with the government's order to hike capitalization.

Communication is key to economic reforms

According to an International Monetary Fund blog jointly written by Silvia Albrizio, Bertrand Gruss and Yu Shi, the global economy is stuck in a low-growth gear, largely because of aging populations, weak business investment and structural frictions that prevent capital and labor from flowing to where they can be most productive.

Biggest Canadian trade mission arriving in Dec

A trade mission composed of 250 companies and the largest ever from Canada, is set to visit the country in December to explore business opportunities.

PNB raises $300 M from sale of 5-yr bonds

The Philippine National Bank (PNB) managed to secure $300 million from the international debt market via a five-year bond that would finance its sustainable initiatives.

ABS-CBN on top online, but work layoffs continue

WIN SOME, LOSE SOME

BPI, AUB post record-high 9-month income

Ayala-led Bank of the Philippine Islands (BPI) and Rebisco-led Asia United Bank (AUB) both saw their earnings reach record-high from January to September, driven by robust revenues and loan portfolio.

Hotel101 expects $471-M earnings from foreign projects

Tycoon Edgar \"Injap\" Sia II's Hotel101 Global Pte. Ltd. is staring at possible earnings of at least $471 million from the completion of its expansion in Japan, Spain and the US.

CULTIVATING SEEDS TOGETHER

SN Aboitiz Power and Hedcor building strong and lasting relationships with IPs

External risks throw off market for 2nd straight day

Investors are growing anxious that economic risks abroad may turn on them soon, forcing them to sell off stocks a day after the Bangko Sentral ng Pilipinas (BSP) made the consensus call to cut rates.

Nat'l budget gets P65 B boost, reaches P5.83 T

AS OF SEPTEMBER | The government has made adjustments to the national budget by about P65 billion, entirely for unprogrammed appropriations, hitting a record P5.83 trillion for this year.

Over P1 B coins returned to BSP via deposit machines

The Bangko Sentral ng Pilipinas (BSP) has collected P1 billion worth of coins as part of efforts to bring them back into circulation and address the shortage due to improper storage or disposal.

TROPA CAUTIOUS BUT KEEN TO KILL

With Rain or Shine on life support, defending champion TNT knows that now's the perfect time to finish off its pesky rival for a PBA Governors' Cup finals seat.

Solid finish nets Uy ICTSI Bacolod crown

MURCIA, Negros Occidental - Daniella Uy clinched a riveting two-stroke victory over Chanelle Avaricio in a dramatic final-round shootout, showcasing nerves of steel and remarkable resilience to capture the ICTSI Bacolod Golf Challenge crown with a gutsy 68 here yesterday.

Cardinals, Knights clash in marquee tiff

Mapua will parade its two-headed dragon in Clint Escamis and Marc Cuenco against a Letran team that will be sans its top weapon in Jimboy Estrada as the two teams collide in a marquee NCAA Season 100 matchup today at the Filoil EcoOil Arena.

Biado catalyst in Team Asia's breakaway

Filipino ace Carlo Biado smashed Mickey Krause, 5-3, Wednesday night to cap Team Asia's four-match sweep of Team Europe in Day Two to move on cusp of ruling the inaugural Reyes Cup at the Ninoy Aquino Stadium.

Bolts studying import options

Meralco head coach Luigi Trillo said yesterday the Bolts are seriously studying import options for the Commissioner's Cup set to unravel on Nov. 27 and with three reinforcements in their EASL lineup, the depth of choices is like a bottomless chasm.

Lady Blazers fancied to crack playoffs

St. Benilde spikes for the last playoff ticket from Pool D against San Sebastian College-Recoletos in the 2024 Shakey's Super League Collegiate Pre-Season Championship today at the Rizal Memorial Coliseum.

US warns of growing NoKor military support for Russia's war

The US and its allies are \"alarmed\" by North Korea's nuclear and missile threats as well as its increasing military support for Russia's war in Ukraine, a senior US official said Wednesday, but couldn't confirm Ukrainian claims that North Korean soldiers were sent to fight for Moscow.

Taiwan says China tested 2 missiles during war games

China test-fired two missiles during a day of military drills around Taiwan, a Taiwanese security official said, adding they were directed inland and not at the selfruled island.

Trump stands by false claims of immigrants eating pets

Republican presidential candidate Donald Trump on Wednesday stood by debunked claims that immigrants in Ohio were eating pets, telling Latino voters during a town hall he was \"just saying what was reported.\"

Trudeau: India made horrific mistake

Canadian Prime Minister Justin Trudeau said on Wednesday India made \"a horrific mistake\" by thinking it could interfere as aggressively as it allegedly did in Canada's sovereignty.

US bombers target Houthi weapons sites in Yemen

US long-range B-2 stealth bombers launched airstrikes early yesterday morning targeting underground bunkers used by Yemen's Houthi rebels, officials said.

Seoul police chief acquitted over Halloween crush

A South Korean court ruled yesterday that Seoul's former police chief was not guilty of negligence in the response to a Halloween crowd crush in the capital's Itaewon nightlife district that killed 159 revelers in 2022.

Zelensky to defend 'victory plan' to EU, NATO

Ukraine President Volodymyr Zelensky was headed to Brussels Thursday to defend his \"victory plan\" for Ukraine to both EU leaders and NATO defense ministers, with the outlook on the battlefield bleak in Kyiv's battle to repel the Russian invasion.

Israel pounds Hezbollah strongholds in Lebanon

Israel carried out dozens of strikes on Hezbollah targets in Lebanon on Wednesday, killing a city mayor, toppling buildings and causing widespread destruction in several southern areas.

Fiery Harris vows break from Biden presidency

A combative Kamala Harris pledged a clean break from Joe Biden's presidency on Wednesday in an interview with right-wing Fox News aimed at reaching Republican voters wary of Donald Trump.

Smuggled fuel seized in Batangas

Smuggled petroleum products worth about P90 million were seized from a vessel docked at the Port of Batangas on Wednesday, according to the police Maritime Group.