JAMES KONSTANTIN GALVEZ, TMT

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LOPEZ-OWNED ABS-CBN has filed a $5-million lawsuit before the Canadian Federal Court against Techspeed Canada Inc., Joe Baddas, Ferdinand Molina and Todd Ross for copyright infringement, trademark infringement and enabling and inducing copyright infringement of ABS-CBN’s copyrighted works. In a statement, ABS-CBN’s AVP & Head of Global Anti-Piracy Elisha Lawrence…

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AYALA-LED Globe Telecom on Tuesday said its net income dropped by a tenth in the first half of the year due to increased interest expenses, depreciation charges, its share in equity losses and spectrum amortization related to the acquisition of San Miguel Corp.’s (SMC) telecom assets. In a disclosure to…

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Expect a major policy shift in the National Food Authority’s buffer stocking scheme next year as the state-run grains agency looks to reduce its reliance on cheaper imported rice while increasing local procurement. With the impending influx of cheaper rice from abroad, NFA Administrator Jason Laureano Aquino said the NFA…

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MOBILE money service provider GCash recently launched what it touted as the first QR payment service by smartphone in the country, dubbed as GoPay. GoPay is the newest feature within the GCash app which allows customers to use their GCash account to pay for goods and services by simply scanning…

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The Department of Environment and Natural Resources (DENR) plans to hire more than a hundred lawyers to strengthen its legal muscle and speed up the resolution of lower level cases, including land claims and disputes. In a statement, DENR Secretary Roy Cimatu said that each of the 140 Community Environment…

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Apex Mining Co has resigned from the Chamber of Mines of the Philippines, expressing “disappointment and frustration” over the group’s response to President Rodrigo Duterte’s call to preserve the environment. “I do not agree that we should blame illegal small-scale miners when the mining industry is put to task for…

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THE country’s biggest gold producer Philex Mining Corp. said net its income slipped in the first six months of the year due to several production issues that affected the extraction of gold and copper ore. In a statement, Philex said its net income amounted to P719 million in January-June 2017,…

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Agriculture damage caused by typhoons remains minimal but dwindling rice stocks in government warehouses have raised questions about the government’s ability to respond to calamities. Christopher Morales, head of the Agriculture department’s Operational Planning Division, said the damage caused by typhoon Gorio and the southwest monsoon, enhanced by tropical storm…

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Environment Secretary Roy Cimatu wants miners to integrate biodiversity conservation into mining operations as part of their adherence to the principle of responsible mining as espoused by the Duterte administration. “Responsible mining companies should seek not merely to minimize and mitigate but, where possible, to enhance the biodiversity in areas…

28TH MEETING OF THE ASEAN SENIOR OFFICIALS OF THE ENVIRONMENT

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Environment Secretary Roy Cimatu on Wednesday called for stronger cooperation among member countries of the Association of Southeast Asian Nations (Asean) in protecting the region’s environment and natural resources for the sake of its more than 600 million residents. “As we go through our meetings, let us not lose sight…

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