International news
News from wire services and other publishers.
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Semirara coal auction restarts next month
The auction for the country’s largest coal mine on Semirara Island in Antique is set to be relaunched next month as the Department of Energy (DOE) moves to finalize recalibrated bidding rules.
ICTSI buys out partner in Brazil logistics firm
International Container Terminal Services Inc. (ICTSI) is buying out its partner in a full intermodal logistics provider that offers eco-efficient solutions to users of the Port of Rio de Janeiro in Brazil.
PNB Holdings debuts on PSE, eyes redevelopment of prime assets
PNB Holdings Corp. made its stock market debut yesterday through a listing by way of introduction, opening its shares to public trading as the real estate company prepares to redevelop prime properties in Makati and…
DA sets aside P9.7 billion for El Niño response
The Department of Agriculture (DA) has earmarked P9.7 billion to fund additional response measures ahead of the “very strong” El Niño episode next month.
‘Philippines should not revive Bataan nuclear plant’
The Philippines should abandon plans to rehabilitate the long-mothballed Bataan Nuclear Power Plant (BNPP) and instead build a new facility to ensure the safety of Filipinos, according to Sen. Erwin Tulfo.
BIR releases P23.6 billion in tax refunds
Tax refunds to taxpayers and businesses almost doubled to P23.67 billion from January to September, according to the Bureau of Internal Revenue (BIR)
Bargain hunting lifts PSEi from 10-month low
The local stock market finally put an end to its bleeding, rebounding from a 10-month low performance as investors capitalized on cheap prices.
IFC greenlights P4.4 billion bet on GCash IPO
The International Finance Corp. (IFC) has approved its P4.4-billion investment in the initial public offering (IPO) of GCash operator Mynt Inc.
Malampaya gas flows again to Ilijan power plant
The 1,200-megawatt Ilijan power plant in Batangas is once again running on indigenous natural gas from the country’s Malampaya deep water gas-to-power project.
DA, hog industry seek higher pork tariffs as farmgate prices plunge
Agriculture Secretary Francisco Tiu Laurel Jr. said Friday that the Department of Agriculture is considering higher pork tariffs as local hog raisers struggle with falling farmgate prices amid rising imports and pork…
