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The preliminary results of the 2017 Annual Survey of Philippine Business and Industry (ASPBI) showed that a total of 130 establishments with total employment (TE) of 20 and over were engaged in Mining and Quarrying in the formal sector of the...
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Companies not involved in exploration, utilization, and development, but which are in related mining business do not fall under the foreign equity restriction of the Philippine Mining Act and depending on the scope of their activities may do business in the Philippines as a fully foreign-owned branch or domestic subsidiary.
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