OceanaGold, BSP extend gold purchase agreement
OCEANAGOLD.COMLISTED OCEANAGOLD (Philippines), Inc. (OGP) has renewed its gold-buying agreement with the Bangko Sentral ng Pilipinas (BSP) for another three years. Under the agreement, which was renewed in March and will run until March 2028, OGP is required to offer for
IC places pre-need company Caritas Financial Plans under liquidation
IC places pre-need company Caritas Financial Plans under liquidation - BusinessWorld Online BW FILE PHOTOTHE INSURANCE COMMISSION (IC) has placed Caritas Financial Plans, Inc. (CFPI)
ABS-CBN closes down film restoration project
AFTER restoring over 200 films over the past 14 years, the ABS-CBN Film Restoration Project has officially ended its run. This was announced by its chair, Leo Katigbak, in a social media post on May 1. “ABS-CBN Film Restoration ended its
Let us be stirred by the words of Pope Francis
PHILIPPINE STAR/EDD GUMBANSix days from today, citizens will troop to the polling places to cast their vote for 12 senators, the representative of their district, and the head of their local government. The citizens’ choices for senators will determine to
Philippine jobs ‘exposed’ to AI risks estimated at 35-37%
JOBSEEKERS file application forms at a job fair at a mall in Manila. — PHILIPPINE STAR/EDD GUMBANBETWEEN 35% and 37% of Philippine jobs are at risk of displacement to artificial intelligence (AI), the World Bank said. “About 35% to 37% are
Energy dep’t outlines measures to ensure reliable power for polls
Energy dep’t outlines measures to ensure reliable power for polls - BusinessWorld Online PHILIPPINE STAR/MICHAEL VARCASTHE Department of Energy (DoE) said on Monday that measures
April WESM rates decline on higher supply margin
April WESM rates decline on higher supply margin - BusinessWorld Online ELECTRICITY PRICES on the Wholesale Electricity Spot Market (WESM) declined in April as supply
Airport fee increases need to go into upgraded facilities, analysts say
PHILIPPINE STAR/RYAN BALDEMORBy Beatriz Marie D. Cruz, Reporter THE increased terminal fees for air passengers will need to be backed up by improved facilities, though the impact on traffic volume is expected to be minimal, analysts said. “The price increases will only
Drought tolerance being developed in sugarcane
Drought tolerance being developed in sugarcane - BusinessWorld Online PHILSTAR FILE PHOTOTHE Philippine Sugar Research Institute Foundation, Inc. is seeking to develop sugarcane varieties tolerant
Ban on S. Korean pork products lifted
Ban on S. Korean pork products lifted - BusinessWorld Online REUTERSTHE Department of Agriculture (DA) said it lifted a 2019 ban on imports of processed