Benguet Corporation
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Benguet Corporation
Benguet Corporation is a diversified Philippine business enterprise. Background Founded in 1903, the Benguet Corporation is the oldest mining company of the country. Activities The company is mainly active in the mining industry, yet has come to incorporate other activities including forestry/reforestation, chemical testing and research, ecotourism, trucking and warehousing, heavy equipment leasing, trading and real estate. Incidents In August 2016, the Benguet Corporation was facing a $500,000 fine for tailings leak from its old Antamok mine in Itogon, which resulted in the pollution of the Agno, Liang, and Ambalanga rivers. In September 2018, the trial against Benguet was still going on, the defense arguing that leaks were a result of natural causes and thus Benguet should not be held accountable for the heavy water pollution of the area. In 2017, Benguet was also called for by the local media for being responsible of the polluting leaks affecting the Dizon mine. The company ...
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Makati
Makati ( ), officially the City of Makati ( fil, Lungsod ng Makati), is a 1st class highly urbanized city in the National Capital Region of the Philippines. Makati is the financial center of the Philippines; it has the highest concentration of multinational and local corporations in the country. Major banks, corporations, department stores as well as foreign embassies are based in Makati. The biggest trading floor of the Philippine Stock Exchange used to be situated along the city's Ayala Avenue, before the stock exchange moved their headquarters to the Bonifacio Global City in Taguig. Makati is also known for being a major cultural and entertainment hub in Metro Manila. According to the 2020 census, it has a population of 629,616 people making it as the 17th most populous city in the country and ranked as the 41st most densely populated city in the world with 19,336 inhabitants per square kilometer. Although its population is just above half a million, the daytime populati ...
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