JG Summit Holdings, Inc., the highly-diversified flagship of the Gokongwei group, reported a 98 percent fall in core net income to P450 million last year mainly due to the losses of its airline and petrochemicals businesses during the pandemic. In a disclosure to the Philippine Stock Exchange, the...
Domestic downstream plastic products manufacturers have raised alarm over serious threats of factory closures due to supply constraints of their raw materials. The Philippine Plastics Industry Association’s (PPIA) issued this warning as it continued to fight against the petition by JG Summit...
Two liquefied natural gas (LNG) projects, with combined investments of P44 billion, had been issued certifications by the Department of Energy (DOE) as “energy project of national significance” or EPNS that will entitle them to streamlined process of permitting....
The downstream plastics manufacturing industry has strongly opposed plans of the Department of Trade and Industry (DTI) to impose safeguard duty on imported high-density polyethylene (HDPE) and linear low-density polyethylene (LLDPE) pellets and granules stressing such move will only benefit a...