The renewable energy (RE) solutions arm of Ayala-led ACEN Corporation has cornered a power supply deal to provide RE-generated power to manufacturing firm Valerie Products Manufacturing Inc. (VSO), which produces automotive and appliance parts. According to the Ayala firm, ACEN Renewable Energy...
The local manufacturing activity slipped in May as producers struggled to raise their employment numbers, according to S&P Global report. The Philippines manufacturing purchasing managers' index (PMI) slid to 51.9 last month from 52.2 in April, S&P Global said. The latest figure, however,...
French multinational company Schneider Electric is stepping up on its offer of internet of things (IoT) or digital solutions to industries and manufacturing facilities in the Philippines, so they can optimize efficiency in their business operations. According to Atty. Norman Roland Ocana III, head...
As the year came to an end, the local manufacturing sector reported even slower growth in December, primarily due to a notable decrease in the rate of new order placements. In December 2023, the S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) increased to 51.5, marking a...
Republic Cement & Building Materials Inc., a member of the Aboitiz Group, has partnered with household and personal care products manufacturer ACS Manufacturing Corporation in a bid to reduce plastic pollution. The cement maker said in a statement that, under this partnership, ACS will be...
Many of the renewable energy (RE) investors that are now advancing the implementation of their blueprinted projects have been pitching for local sourcing of supply as well as equipment that they can utilize in the construction and overall development of their projects. Energy Secretary Raphael P.M....
The Senate is a step closer to approving the proposed ‘Tatak Pinoy’ (Proudly Filipino) bill that aims to further develop and empower Philippine manufacturing industries through a wide-ranging, multi-sectoral approach. Sen. Sonny Angara sponsors the committee report of the Tatak...
The Philippine government should set an example in supporting the country’s local industries by purchasing more domestically-manufactured products, Sen. Juan Edgardo “Sonny” Angara said on Wednesday, June 21. Sen. Juan Edgardo "Sonny" Angara (Senate PRIB Photo) Angara,...
Senator Juan Edgardo “Sonny” Angara on Thursday, May 25 renewed his call for the government to pursue economic development through a stronger public-private partnership program and make the country more competitive globally. Angara said he believes a stronger public-private collaboration...
Power utility giant Manila Electric Company (Meralco) has recently completed and energized a new 115-kilovolt gas-insulated switchgear (GIS) substation at the Light Industry Science Park-2 (LISP2) in Calamba, Laguna. The power firm indicated that the project was pursued in collaboration with...
Local content in domestic automotive manufacturing more than doubled to 42 percent from only below 20 percent following the implementation of the Comprehensive Automotive Resurgence Strategy (CARS) Program, reported a top official of the Department of Trade and Industry (DTI). DTI Undersecretary...
SteelAsia Manufacturing Corp., the Philippines’ largest steel mill, announced the production of its first reinforced steel bars as it entered the final phases of its commissioning and commercial operations by June this year. The steel mill, located in Compostela, Cebu, will produce some one...
