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A pioneering forum on Philippine extractive industries urged increased transparency and accountability, in line with more exploration activities for indigenous resources becoming essential as the world becomes more prosperous and as the population increases.

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                    [Title] => Mining firms contribute P52.7 B to gov’t coffers
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The country’s extractive industries composed of mining and oil and gas firms contributed P52.7 billion to state coffers, according to the EITI Philippines multi-stakeholder group.

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abtest

Mining, quarrying revenues decline 12% to P57 billion in 2019

By Elijah Felice Rosales | July 30, 2021 - 12:00am

The government generated 12 percent less revenue from extractive industries to about P57 billion in 2019 due to lower output of mining and quarrying.

Business

MSG to pursue transparency initiative

February 6, 2015 - 12:00am

The multi stakeholder group (MSG) governing the Philippine Extractive Industries Transparency Initiative (EITI) yesterday said it would pursue the institutionalization of the transparency initiative through legislation...

Business

Transparency, accountability urged in extractive industries

January 14, 2015 - 12:00am

A pioneering forum on Philippine extractive industries urged increased transparency and accountability, in line with more...

Business

Mining firms contribute P52.7 B to gov’t coffers

By Zinnia B. Dela Peña | December 18, 2014 - 12:00am

The country’s extractive industries composed of mining and oil and gas firms contributed P52.7 billion to state coffers, according to the EITI Philippines multi-stakeholder group.

Business

Implementation of extractive industries initiative pushed

May 29, 2014 - 12:00am

An environmental non-government organization is pushing for the implementation of the extractive industries transparency initiative (EITI) to accurately determine the actual tax revenues from mining projects based...

Business

Lawmakers urged to legislate transparency in mining sector

By Zinnia B. Dela Peña | February 6, 2014 - 12:00am

A multi-stakeholder group (MSG) is urging lawmakers to  craft a proposed Extractive Industries Transparency Initiative (EITI) legislation for the Philippines to enhance transparency, accountability and probity...

Business

Noy signs EO for more transparent mining sector

By Aurea Calica | December 1, 2013 - 12:00am

In a bid to intensify government efforts to ensure greater transparency and accountability in the mining sector, President...

Headlines

Myanmar looks at Phl industry initiatives

By Iris Gonzales | August 19, 2013 - 12:00am

Myanmar is looking at the Philippines’ EITI application process to incorporate in its own bid to become compliant with the EITI or the Extractive Industries Transparency Initiative, a global standard that calls...

Business

Asean countries urged to comply with EITI global standards

By Iris Gonzales | August 11, 2013 - 12:00am

ASEAN countries including the Philippines can help protect their oil, gas and mining industries by complying with the Extractive Industries Transparency Initiative (EITI), a global standard that calls for disclosure...

Business

DENR hopeful on EITI status for Phl

By Rhodina Villanueva | June 17, 2013 - 12:00am

The Department of Environment and Natural Resources is optimistic that the country would achieve compliant status with the Extractive Industry Transparency Initiative (EITI) by 2015 given the comprehensive mining...

Business