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Danessa Rivera (The Philippine Star) - August 4, 2021 - 12:00am MANILA, Philippines — Record-high coal sales and prices propelled the net profit of listed integrated energy company Semirara Mining and Power Corp. (SMPC) in the second quarter of the year. In a disclosure to the Philippine Stock Exchange yesterday,…

(The Philippine Star) - August 4, 2021 - 12:00am MANILA, Philippines — “The world has a growing need for energy, but it cannot just be any energy it has to be cleaner energy,” said Dean Aragon, Shell Global vice-president brand, during the recently-held webinar “Europa Advocacy Series on Sustainability: Making…

Louise Maureen Simeon (The Philippine Star) - August 4, 2021 - 12:00am MANILA, Philippines — The Japanese government has so far transferred nearly P1 billion worth of infrastructure in support of the country’s agroforestry nationwide. The Japan International Cooperation Agency (JICA), Japan’s bilateral aid agency, and the Department of Environment…

Elijah Felice Rosales (The Philippine Star) - August 4, 2021 - 12:00am MANILA, Philippines — The Fiscal Incentives Review Board (FIRB) has approved tax perks for two cement manufacturing plants and a mass housing project set to bring in more than P29 billion in capital in areas outside Metro Manila.…

Louella Desiderio (The Philippine Star) - August 4, 2021 - 12:00am MANILA, Philippines — The Intellectual Property Office of the Philippines (IPOPHL) has adopted the European Union’s trademark database to provide ease and help ensure success in local businesses’ trademark applications. In a statement Monday, the IPOPHL said it is…

(The Philippine Star) - August 4, 2021 - 12:00am MANILA, Philippines — Malayan Insurance Co., Inc. remains ahead in the non-life insurance industry as global insurance ratings company A.M. Best improved Malayan’s long-term issuer credit rating (Long-term ICR) outlook to ‘stable,’ reflecting the insurer’s strength and reliability in the Philippine…

One step forward, two steps back. That saying wouldn’t have become as popular as it is if it wasn’t true. That’s sometimes just the way things go in life, and at the moment, it seems to be our pandemic story. Every time we seem to move forward just a little…

A central point of the last SONA of President Duterte was that the economy was poised for leapfrog into the class of high-growth economies, but the pandemic stole that energy and put the economy into a spinning decline. Rise in social spending during Duterte administration. From the time he took…