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DMCI Mining Nears 3 Million Tons of Nickel Output in 2026 as Palawan Operations Ramp Up

ABORLAN, Palawan — DMCI Mining Corp. is closing in on its ambitious 3-million-wet-metric-ton (WMT) nickel ore production target for 2026, as its newly operating Long Point mine in Palawan boosts the company’s overall production capacity. The Consunji-led mining company is targeting a record year after producing 2 million WMT of nickel ore in 2025, a 33% increase from the 1.5 million WMT recorded in 2024. The company’s latest expansion centers on Long Point in Aborlan, Palawan, which began comm

September 3, 2026

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Taipei AI Romance Scam: 57 Indicted After More Than 20,000 Allegedly Lose NT$900 Million

TAIPEI — A sophisticated romance-fraud operation allegedly powered by artificial intelligence has exposed how rapidly scammers are adapting technology to make online deception more convincing, after Taipei prosecutors indicted 57 people in a case involving more than 20,000 alleged victims and losses of at least NT$900 million (about US$28.3 million). The investigation, concluded by Taipei prosecutors on September 2, centers on an alleged criminal group that prosecutors say began operating in 20

September 3, 2026

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From ‘family gatherings’ to electoral might: Why PAS’ grip is growing in Perak

IPOH, Malaysia — PAS has spent years building its political machinery in Perak. Now, as Malaysia heads towards its next general election, that grassroots network is turning the state into one of the country’s most closely watched political battlegrounds. The rise did not happen overnight. For roughly two decades, Parti Islam Se-Malaysia (PAS) has worked to establish a presence at the community level, maintaining relationships with voters through religious gatherings, constituency programmes, w

September 3, 2026

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BERKSHIRE DOUBLES DOWN ON JAPAN: GREG ABEL SIGNALS EVEN BIGGER BETS ON TRADING HOUSES

Berkshire Hathaway is signaling that its massive Japan investment strategy is far from over. CEO Greg Abel said the company intends to hold its stakes in Japan’s five major trading houses for “many decades” and is continuing to explore additional business opportunities with them, reinforcing the view that Berkshire’s Japan strategy could become one of the defining pillars of the post-Warren Buffett era. Abel made the comments while visiting Tokyo and speaking with CNBC, with the remarks also hig

September 3, 2026

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CHINA PULLS OUT OF GWANGJU BIENNALE: Taiwan Pavilion Dispute Explodes Into Diplomatic Row

China is set to withdraw its participation from South Korea’s Gwangju Biennale after a dispute over the use of the name “Taiwan Pavilion” escalated into a political and diplomatic confrontation just days before the major international art event opens. Chinese participants announced their withdrawal on September 3, saying they could not accept what they described as political interference in the arts after the Gwangju Biennale Foundation approved the Taiwanese exhibition’s use of the name “Taiwan

September 3, 2026

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NEPAL FLOOD SEARCH ENTERS CRITICAL SECOND WEEK: RESCUERS RACE TO FIND SURVIVORS AS THOUSANDS REMAIN MISSING

One week after a catastrophic flash flood tore through Nepal’s Himalayan border region, rescue teams are still pushing into collapsed hydropower tunnels, damaged communities and debris-choked river corridors in a desperate search for survivors. The disaster struck on August 26 after a massive surge of ice, rock, mud and water swept through parts of Nepal and neighboring Tibet. Experts have suspected a glacier collapse or ice-rock avalanche as the trigger. As search operations entered their sec

September 3, 2026

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POWER CRUNCH DEEPENS: Visayas, Mindanao Face Fresh Red Alerts as Plants Stay Offline

The Philippines’ power supply situation is tightening again, with the Visayas and Mindanao grids placed under red and yellow alerts on Thursday as several power plants remain unavailable while electricity demand stays high. The National Grid Corporation of the Philippines (NGCP) said the Visayas grid will be under red alert from 1 p.m. to 10 p.m., with yellow alerts before and after that period. Available capacity is estimated at only 2,187 megawatts (MW), compared with projected peak demand of

September 3, 2026

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46 Workers Could Still Be Alive Trapped Inside Nepal Hydropower Tunnel After Deadly Flood

Rescue teams in Nepal are racing against time to reach 46 workers believed to be trapped inside an underground chamber at the Rasuwagadhi hydropower plant, nearly a week after devastating floods and mudslides struck the region. A Nepal Electricity Authority official says there is a strong possibility the workers are still alive because the chamber is believed to contain food and water. Rescuers are now preparing to enter the tunnel again after an earlier attempt failed to reach the suspected lo

September 3, 2026

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VIETNAMESE INVESTMENT IN THE PHILIPPINES SET TO SURPASS $100 MILLION — AND A BIGGER TRADE PUSH IS COMING

Vietnamese investment in the Philippines is expected to surpass $100 million by the end of 2026 as Manila and Hanoi move to deepen economic ties under their newly upgraded Enhanced Strategic Partnership. Vietnamese Ambassador to the Philippines Lai Thai Binh said Vietnamese companies have already invested more than $90 million in the country, representing nearly 70% of cumulative Vietnamese investments in the Philippines to date. The investment momentum comes as the Philippines and Vietnam mark

September 3, 2026

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The Lasting Economic Damage From the China-Nepal Flood

KATHMANDU, Nepal — The floodwaters that tore through Nepal’s Himalayan border corridor have begun to recede, but the country’s economic crisis is only starting to emerge. The August 26 disaster devastated Nepal’s Rasuwa district and neighboring Tibet, destroying homes, roads, bridges, border facilities, hydropower infrastructure and vital trade links with China. For communities along the route, the immediate emergency is survival. For Nepal’s economy, the bigger challenge is rebuilding a corri

September 3, 2026