Chamber of Mines Press Release

Chamber of Mines Press Release

The Chamber of Mines of the Philippines (COMP), reiterates its support for a two-pronged tax measure on mining featuring an income-based royalty and a windfall profits tax, both with graduated rates depending on margins, as passed by the House under HB8400. The two...

Demolish the policy wall

Nearing the halfway mark into the Duterte administration’s tenure and much-vaunted development agenda, a potentially critical cog remains missing—or blocked. Executive Order 79, issued in 2012 by then-President Benigno Aquino, effectively forbids the approval of new...

A sleeping giant

The Philippine mining industry has been in a long-standing predicament. As a result, its development potential has been significantly constrained and mistakenly set aside. One critical challenge in the extractive sector is to find that policy balance where the mining...