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PH secures USD60-M MCC grant to advance energy security, governance reforms

The U.S. Millennium Challenge Corporation (MCC) Board of Directors has approved  a USD60-million Threshold Program for the Philippines to strengthen energy security and create...

Megawide eyes special dividends before end of the year

Megawide Construction Corp. (Megawide or the Company) announced a possible special dividend before the end of this year. “The second half of this year will...

OFBank cuts transfer costs for overseas Filipinos 

The Overseas Filipino Bank (OFBank), LANDBANK’s wholly-owned digital banking subsidiary, is removing transaction fees for all InstaPay transfers made through the OFBank Mobile Banking...

OceanaGold expansion to boost growth in Nueva Vizcaya, CARAGA

The USD1.958 billion investment pledge from Canadian mining firm OceanaGold Corporation to extend its operations at the Didipio Gold-Copper Mine beyond 2035 will boost...

Philippines moves to structure booming ube export industry

The Philippines is moving to impose structure and long-term direction on its fast-growing ube industry, as agriculture and trade officials push for tighter coordination,...

PEZA hosts 120 Chinese companies with combined investments of PHP39 B

The Philippine Economic Zone Authority (PEZA) has registered a total of 120 Chinese projects with combined investments of PHP39 billion and employing over 21,000...

DA’s plant bureau spends PHP2.6 M for ube materials for large scale planting in Bohol, Leyte

The Philippine government is stepping up efforts to expand the country's ube industry, distributing more than 60,000 purple yam planting materials worth PHP2.6 million...

DA chief immediate transition to 5% percent coco-diesel blend

Agriculture Secretary Francisco Tiu Laurel Jr. has endorsed a private sector-backed policy resolution calling for the immediate transition to a 5 percent coco-biodiesel blend...

DTI, NBI seize PHP48.2 M worth of illegal steel products

The Department of Trade and Industry (DTI) and the National Bureau of Investigation (NBI) seized PHP48.28 million worth of non-compliant steel products during joint...

BOI, MinDa position Mindanao as PH’s next major growth hub

The Board of Investments (BOI) and the Mindanao Development Authority (MinDA) are positioning Mindanao as the Philippines' next major growth hub. The goal was strengthened...

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