Economy

BOC intercepts P25-M worth of smuggled goods

Several shipments loaded with various goods estimated to be worth more than P25 million were intercepted by the Bureau of Customs (BOC) on separate occasions at the Manila International Container Port...

Max’s Group eyes more stores in Mindanao

MANILA -- Listed casual dining chain operator Max’s Group Inc. (MGI) plans to open more stores in Mindanao following the end of Marawi conflict, as it seeks further expansion opportunities here and...

MRC, mall developer discuss tie-up in solar panel installation

MANILA -- Listed firm MRC Allied Inc. is in talks with XRC Mall Developer Inc. (XRC) for a tie-up in the installation of solar panels in the latter's community malls. The discussions are...

Basic Energy to invest in RE projects abroad

MANILA -- Publicly-listed holding firm Basic Energy Corp. (BEC) is investing in four renewable energy projects in Japan, Myanmar and Thailand as part of its overseas expansion. “The investments are seen to...

PHL surpasses 9 requirements in record compliance with EITI Standard

The Philippines has surpassed the requirements in nine areas set by the Extractive Industries Transparency Initiative (EITI) on global benchmarks for good governance in the oil, gas and mineral sectors in...

Task Force to help solve infra process gaps – NEDA

MANILA–An inter-agency task force was recently created to set in motion policies and processes to address bottlenecks and gaps in the country’s infrastructure development, according to the National Economic and Development Authority (NEDA). In...

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