Govt backs UK mining firm

By Roderick T. dela Cruz
The Environment Department has endorsed the application of Metals Exploration Plc of the UK for Financial and Technical Assistance Agreement covering a gold-rich mine in Nueva Vizcaya province.

Govt expects exports to recover 10% in 2010

By Eileen A. Mencias
The government expects exports to recover next year, with growth picking up at 8 percent to 10 percent following a projected decline this year.

Pagcor pays P11b worth of dividends to Treasury

By Lawrence Agcaoili
Philippine Amusement and Gaming Corp. remitted close to P11 billion to the national coffers in 2008 despite a dispute with the Finance Department over the payment of income and value added taxes.

Bourse lifts suspension on Phoenix shares

By Alena Mae S. Flores
The Philippine Stock Exchange yesterday lifted the trading suspension on Phoenix Petroleum Philippines Inc. shares after the company submitted additional information on the purchase of Bacnotan Industrial Park Corp. from Phinma Group.

Shell Exploration, partners set to drill Palawan oil well

Shell Philippines Exploration B.V. and its partners are set to drill an exploration well in offshore northeast Palawan within the second half of the year.

Jai alai fronton work in Cagayan slows down

By Ray S. Eñano
Almost a year after the Cagayan Special Economic Zone and Freeport confirmed a plan to revive the popular jai alai game in Cagayan province, nothing much has been heard from the project. The grapevine said construction of the jai alai fronton remained in progress but it was nowhere close to completion.

 

Thursday, March 12, 2009
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