Latest News


Meet Ramon Ang, Filipino billionaire and Duterte's friend

Jul 23, 2017 - 9:58 PM

As Ramon Ang aggressively expands his businesses he stays on the good side of President Rodrigo Duterte through his philanthropy and campaign donations

FRIEND. President Rodrigo Duterte (left) sees Ramon Ang (right), chief of San Miguel Corporation, as his fast friend

Ramon Ang and his media interests

Jul 17, 2017 - 11:46 PM

The businessman wants a majority stake in the Philippine Daily Inquirer previously vied for GMA Network and reportedly has a stake in CNN Philippines

MEDIA INDUSTRY. Since 2012, tycoon Ramon Ang, in his personal capacity, has been talking to different major media companies for an acquisition deal. Photo by Alecs Ongcal/Rappler

Philippines driving up nickel prices – industry group

Jul 22, 2016 - 7:50 PM

Chamber of Mines of the Philippines official Ronald Recidoro: The price movement now is only because of the minister s pronouncements It threatens the future of a lot of mining projects already in the pipeline

Concerned citizens protest HMC activities in Manicani Island. Rappler File photo by Jazmin Bonifacio

Philex, Silangan Mining to Gina Lopez: We are ISO-compliant

Jul 06, 2016 - 7:00 PM

This is in response to DENR chief Gina Lopez s call to suspend mining firms that are not ISO compliant

COMPLY OR FACE SUSPENSION. The new DENR chief says ISO14001 certification is responsible mining. File photo by EPA/MWD Daily News

Engineers racing to fix LRT1

Feb 27, 2016 - 4:07 PM

Aiming to rehabilitate and upgrade the 20 stations of the dilapidated Light Rail Transit Line 1 in 18 months over 1 200 engineers and staff are preparing for the future

Gibo Teodoro now Sagittarius Mines board chairman

Aug 20, 2015 - 12:04 PM

Insiders are hoping that the former defense chief will give SMI a fresh start after years of failure to operate the 5 9 billion Tampakan copper and gold project

Global Ferronickel Holdings acquires Palawan nickel mine

Aug 09, 2015 - 9:01 PM

The 50 million acquisition makes it the second largest producer of nickel direct shipping ore in the Philippines after Nickel Asia

3 dead, 6 missing in Semirara mining accident

Jul 17, 2015 - 11:05 AM

2nd UPDATE The Department of Energy has ordered the immediate suspension of mining operations

Glencore to sell entire stake in SMI to Indophil

Jun 24, 2015 - 7:59 PM

This also paves the way for the complete exit of the Switzerland based Glencore Plc from the 5 6 billion controversial copper and gold project of Sagittarius Mines in Tampakan South Cotabato

Philex eyes Padcal extension with add'l minerals found

Mar 20, 2015 - 8:26 PM

The Manuel V Pangilinan led firm says it found an additional 110 9 million tons of mineral resources – a find that could extend the mine’s life beyond 2020

IN NUMBERS: Economic promise of mining in PH

Feb 20, 2015 - 11:00 AM

There are 38 operating mines in the Philippines How have they contributed to the economy?

Closing the gender gap in East Asia

May 22, 2014 - 6:49 AM

Women in many Asian countries should now consider themselves to have an advantage if they are willing to experiment create prototypes consult and ask for suggestions

Photo by Ritchie B. Tongo/EPA

WEF Global Growth Companies: Manila Water among 20 cited

May 20, 2014 - 9:30 PM

The companies were recognized by the World Economic Forum for their growth and contribution to the region

Big opportunity for Southeast Asia IT industry

May 20, 2014 - 5:25 PM

Southeast Asia is quickly catching up with worldwide advances in information technology and enjoys strong growth and development in that sector

Turning fragile states into emerging markets

May 18, 2014 - 4:12 PM

Responsible investment in fragile states can lead to job creation and sustainable equitable economic growth if undertaken in line with established standards and practices

PH prepared for possible anti-China protests during WEF

May 18, 2014 - 3:34 PM

Communications Secretary Sonny Coloma says it s likely the territorial row with China will be discussed with Vietnam on the sidelines of the WEF

UNREST. Protesters wave flags and hold placards on a street outside a factory building in Binh Duong on May 14, 2014, as anti-China protesters set more than a dozen factories on fire in Vietnam, according to state media, in an escalating backlash against Beijing's deployment of an oil rig in contested waters. AFP PHOTO / VNExpress

MAP: Countries participating in WEF on East Asia 2014

May 18, 2014 - 3:10 PM

Three heads of state and government will join more than 600 delegates from international organizations businesses the academe and media from over 30 countries

Tackling talent challenges to drive Indonesia’s growth

May 17, 2014 - 6:14 PM

It s high time that stakeholders establish a platform to accelerate talent development in Indonesia to realize its growth potential

Financial inclusion: Cornerstone of sustainable growth in Asia

May 16, 2014 - 5:15 PM

Only when we see the poorest members of urban and rural societies adopt financial services can we claim any success in creating a better and more inclusive world

#TalkThursday: Is economic growth inclusive?

May 16, 2014 - 11:56 AM

Rappler talks to National Economic and Development Authority NEDA Director General Arsenio Balisacan

Creating an ocean of change with PH’s Young Global Leaders

May 15, 2014 - 9:49 AM

The World Economic Forum recently named 4 Filipinos to their Young Global Leaders group: Earl Valencia Doris Dumlao Julia Abad and Ayesha Vera Yu

L-R: Cebu Global Shaper (GS) Anna Maris Igpit, Young Global Leader (YGL) Benedict Carandang, Manila (MNL) GS Noreen Bautista, MNL GS Roberto Crisostomo, MNL GS Anna Oposa, MNL GS Cherrie Atilano, MNL GS Jennifer Horn, MNL GS Kevin Dela Cruz, MNL GS Kathleen Largo, MNL GS Randall Rosales and YGL Winston Damarillo.

FAST FACTS: The World Economic Forum

May 13, 2014 - 11:47 PM

The Philippines is hosting this year s World Economic Forum on East Asia Here are some facts you need to know about the forum

'ASEAN integration an opportunity, not a threat to PH SMEs'

May 12, 2014 - 2:17 PM

But access to finance remains a daunting challenge

Erap lifts Manila truck ban for World Economic Forum

May 12, 2014 - 12:26 PM

Manila Mayor Joseph Estrada signs an EO lifting the city s truck ban for 8 days in preparation for the World Economic Forum on East Asia

MORATORIUM. Manila Mayor Erap Estrada lifts the city's truck ban for 8 days, to allow national gov't to prepare for the WEF in East Asia. File photo by Rappler

ADB pushes for regional disaster fund

Apr 22, 2014 - 11:03 PM

The lender says Asia has borne nearly half of the estimated global economic costs of natural disasters over the last 20 years

AFTERMATH. Residents push a tricycle converted into a funeral carriage after Typhoon Haiyan struck the Philippines. Photo by AFP/Ted Aljibe

Winners and losers in ASEAN 2015

Apr 06, 2014 - 10:37 AM

A number of ASEAN firms are taking steps towards grabbing opportunities that ASEAN 2015 could bring but some sectors also stand to lose out

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PH jumps 8 notches in WEF global trade index

Apr 02, 2014 - 3:07 PM

The index measures how well countries facilitate the flow of goods and services over borders to their jurisdictions

UP 8 NOTCHES. The Philippines improves its ranking in the World Economic Forum's Enabling Trade Index 2014 report

WEF to showcase Philippines' growth story

Feb 21, 2014 - 9:34 AM

A visiting WEF official says the Philippines is a benchmark in achieving growth through good governance and the fight against corruption

REGIONAL SUMMIT IN PH. The World Economic Forum (WEF) on East Asia to be held in the Philippines follows the WEF's annual meeting in Davos. Photo by AFP

PH education and health lagging behind ASEAN nations

Feb 08, 2014 - 9:45 AM

2014 starts off on the right foot with bigger budget allocations for education and health But impact will depend on whether funds are used efficiently

LEFT BEHIND. Philippine primary education and health is the 3rd least competitive in Southeast Asia. Graphic by Renz Bautista/Rappler

World leaders sign Zero Hunger Declaration at Davos

Jan 28, 2014 - 1:02 PM

The WFP puts hunger in the spotlight at the World Economic Forum

COMMITMENT TO ACTION. UN Secretary General Ban Ki-moon and over 50 others sign the Zero Hunger Challenge Declaration at the World Economic Forum in Davos, Switzerland. Photo by The WFP

What we learned at (and about) Davos this year

Jan 26, 2014 - 4:28 PM

Davos s gathering of the global business elite can sometimes appear more like a glorified frat party to which a motley collection of roguish uncles has been invited

IN SESSION. A session at the World Economic Forum in Davos, Switzerland, on January 25, 2014. Eric Piermont/AFP

Gulf between rich and poor 'biggest global risk'

Jan 16, 2014 - 9:08 PM

The World Economic Forum issues the gloomy warning in its annual Global Risks survey published before its annual get together of decision makers at the Swiss mountain resort of Davos from January 22 25

File photo by LeAnne Jazul

SMI has fallen on hard times

Oct 01, 2013 - 10:10 AM

Just how serious is the ‘scaling down’ of the activities of Sagittarius Mines Inc SMI after Glencore Xstrata announced a cut of half its global operations?

'Why the 2015 deadline for the ASEAN economic integration?'

Sep 21, 2013 - 2:49 PM

The potential of an integrated region with a population of 600 million a 2 trillion GDP and good growth prospects is raising ASEAN s profile in the eyes of US investors

PH jumps to 59th in competitiveness index

Sep 04, 2013 - 6:42 AM

Philippines jumps 6 notches in the 2013 Global Competitiveness Index ranking behind Indonesia and Malaysia but higher than India and Vietnam

Aquino's WEF speech 'music to CEO's ears'

Jun 07, 2013 - 5:23 PM

Tony Fernandes founder of giant budget airline AirAsia lauds President Aquino s speech at the WEF in Myanmar

ALL THE RIGHT WORDS. President Benigno S. Aquino III delivers his speech during the Philippine Lunch at the Myanmar International Convention Center in Nay Pyi Taw, Myanmar on June 7. Photo by Malacañang bureau

Don't relax, Davos warns on global economic crisis

Jan 27, 2013 - 10:17 AM

The world s political and business elite headed home Sunday January 27 from this year s Davos forum with warnings that while the worst of the financial crisis seems over there is still much to be done

South African miners struggle for way out of shantytowns

Nov 07, 2012 - 10:33 AM

Mine workers in South Africa endure long years on a housing waiting list and claim they usually have to pay bribes to be allocated space

Aquino: Revised mining IRR published next week

Sep 26, 2012 - 3:30 PM

President Aquino said he still has to see the final draft of the revised mining rules after the mining council convened to draft them in Malacañang on September 24

#TalkThursday: MVP on Mining

Sep 20, 2012 - 8:12 PM

Philex Mining chairman Manny V Pangilinan says the Padcal mine tailings incident was an unfortunate act of God

Malacañang douses Xstrata miner's hopes on Tampakan, cites Robredo's death

Sep 20, 2012 - 6:02 PM

Hours after a unit of Swiss mining giant Xstrata said it is counting on the Aquino government for an approval for its 5 9 billion copper gold project in the Philippines Malacañang says a quick approval is unlikely

'Aquino mining policy violates Constitution'

Sep 20, 2012 - 4:10 AM

One provision of the Executive Order 79 EO 79 the Aquino administration released in July has at least 3 Constitutional breaches which would be enough to invalidate the policy a lawyer says

Mining council pursues higher taxes, struggles on no-go areas

Aug 26, 2012 - 4:07 PM

The current draft reflects an agreement among mining council members to pursue legislation that will impose higher taxes tighten regulation on small scale miners but struggle in finalizing the no go areas

Australia resources boom 'over' but mining is not - analysts

Aug 26, 2012 - 1:57 PM

An Australian official may have declared the mining boom had passed but the lucrative scramble to unearth the vast nation s resources is not over yet analysts say

BOOM OVER? Amid gloom in the eurozone and weakness in the United States economy, there are fears that slowing growth in China, a major market for iron ore and coal, could have a severe impact on Australia's mining-powered economy. This 2010 file photo by AFP shows remote-controlled stackers and reclaimers moving iron ore to rail cars at Rio Tinto's Port Dampier operations in Western Australia's Pilbara region.

Sagittarius Mines moves start of Tampakan operations to 2018

Aug 23, 2012 - 2:31 PM

Mining firm Sagittarius Mines Inc SMI has moved its target for commercial operations to 2018 following the rejection of its application for government permit and changes in the location of its port and power plant facilities

Smuggling eyed for 63% decline in gold production in H1

Aug 20, 2012 - 3:01 PM

The DENR said gold production declined to 8 382 kilograms due to the 95 reduction in gold purchases by the Bangko Sentral ng Pilipinas BSP in the first 6 months of 2012

HIGHLIGHTS: Foreign mining firms discuss industry issues

Aug 10, 2012 - 12:47 PM

Over a month after the Malacanang issued the controversial Executive Order members of foreign mining firms gather on Friday August 10 at Shangri la Makati Hotel for their monthly Philippine Mining Forum

Mining reforms in PH? Not for small-scale miners at gold-rush site

Aug 05, 2012 - 12:49 PM

Small scale mining has been widely exploited and most of the small scale miners today including those in Mount Diwata violate the rules by using explosives and poisonous chemicals such as mercury

Cement firms are 'collateral damage' of mining EO - Holcim

Jul 31, 2012 - 10:40 PM

A large cement player is worried that the Mining EO could threaten the viability of their long term investments