The Philippine Stock Exchange (PSE) has approved the planned ₱315-million follow-on offering (FOO) of publicly listed paper packaging firm Steniel Manufacturing Corp. together with the listing of new share issuances. In a disclosure, the firm said the PSE approved the listing of 700.28 million...
When it came to everyday comfort, few investments mattered more than quality linens, towels, and pillows. These were the pieces people spent the most time with, so choosing well made all the difference. At the recent “Legacy and Dreams” tradeshow held from August 13 and 14, 2025, at the...
Pangilinan-led Metro Pacific Investments Corp. (MPIC) has entered a memorandum of understanding (MOU) with Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch (Mitsui) and SteelAsia Manufacturing Corp. to explore the creation of a closed-loop steel recycling system that supports a circular economy....
The ongoing trade dispute between the United States (US) and China could benefit manufacturing hotspots in Southeast Asia, such as the Philippines, provided the government implements sweeping reforms to align trade and investment policies with industrial strategies. In a virtual forum hosted by the...
Philippine manufacturing output slightly recovered from the steeper 1.5 percent decline in February, registered a softer 0.2 percent dip in March, and elevated the country’s production performance in the first quarter. According to the Philippine Statistics Authority (PSA), the volume of...
A Hong Kong-based garments company is looking to expand its manufacturing capacity in the Philippines to take advantage of the country’s relatively low tariff rates once the postponed reciprocal tariffs are lifted after 90 days. Department of Trade and Industry (DTI) Secretary Cristina Roque...
The Securities and Exchange Commission (SEC) has revoked the corporate registration of Ecomamoni Environmental Recyclable Materials Manufacturing Inc. for soliciting investments from the public without the necessary license from the Commission. In an order, the SEC’s enforcement and investor...
The Philippine Parts Makers Association (PPMA) is sounding the alarm about the country’s automotive manufacturing industry, which is struggling to keep pace with its regional neighbors' high production figures. PPMA President Ferdinand Raquelsantos said the government must take swift action to...
The Philippines auto industry has much to celebrate, with 2024 serving as a banner year for vehicle sales, and yet another vehicle, the Toyota Tamaraw will begin local production. However, there’s also worrying development beneath these achievements. In spite of the growth, the Philippine auto...
After a six-month low in factory output expansion, S&P Global projected that the upcoming local elections will boost manufacturing activity, leading to stronger growth this year than in 2024. Data from the latest S&P Global’s Purchasing Managers’ Index (PMI), released on Feb 2.,...
SteelAsia Manufacturing Corp. said it has solidified its position as a leading global steel supplier with the shipment of the Philippines' largest steel export to date. In a statement, Benjamin Yao, SteelAsia chairman and chief executive officer, said that the company has shipped 32,000 metric tons...
The Philippine Parts Maker Association (PPMA) is recommending the adoption of a local content requirement (LCR) policy in the country’s automotive parts manufacturing industry in a bid to revitalize the struggling sector. Inspired by Indonesia’s LCR model, PMPA President Ferdi Raquelsantos said...
