LOCAL government units (LGUs) are prohibited by the Constitution and a 1995 law from declaring blanket bans on mining, the Supreme Court (SC) ruled.

THE Philippine Amusement and Gaming Corp. (PAGCOR) said it remitted P12.67 billion worth of dividends to the Bureau of the Treasury (BTr). In a statement on Wednesday, PAGCOR said the dividend is ...

THE Bases Conversion and Development Authority (BCDA) said on Wednesday that it is auctioning a lease and redevelopment contract for the 6,647 square-meter Mile Hi commercial center in Camp John Hay.

THE National Grid Corp. of the Philippines (NGCP) said it is taking a “wait-and-see” approach to the fifth rate reset round as it has yet to receive a final copy of the regulator’s review of the ...

Vietnam’s Prime Minister Pham Minh Chinh on Wednesday urged the country’s anti-counterfeit task force to devise new ways to fight fake goods, trade fraud and smuggling, the government said in a ...

THE Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) called on the incoming Congress to pass a measure that will extend foreign investors’ land leases to 99 years.

US PRESIDENT Donald J. Trump’s tariff decisions since he took office on Jan. 20, from imposing sweeping duties to abruptly pausing some of them, have shocked financial markets and sent a wave of ...

PHILIPPINE STOCKS slipped on Wednesday as investors booked profits from the market’s two-day climb and monitored the release of corporate results. The Philippine Stock Exchange index (PSEi) inched ...

THE PESO depreciated against the dollar on Wednesday amid expectations of another rate cut by the Bangko Sentral ng Pilipinas (BSP) next month. The local unit closed at P55.855 per dollar on Wednesday ...

VICE-PRESIDENT Sara Duterte-Carpio may be cleared of her impeachment charges, with pro-Duterte Senators set to take office before her trial begins in July, an analyst said.

THE Philippine government is ensuring that a second international arbitration case against China over the South China Sea is “foolproof,” with a security official on Wednesday saying they are still ...