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...
WASHINGTON, D.C. —President Ferdinand "Bongbong" Marcos Jr. wants the Philippines to go beyond mineral extraction, and venture to producing batteries locally. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) The country, however, would need technology and strong industry...
President Ferdinand "Bongbong" Marcos Jr. wants the country to step up local drug manufacturing and secure a stockpile of medicine in preparation for any emergency. Marcos said this as he met with the Private Sector Advisory Council (PSAC) and officials from the Department of Health (DOH) and the...
New cement industry player Century Peak Cement Manufacturing Corporation (CPCMC), a subsidiary of publicly-listed Century Peak Holdings Corporation (CPM), has started distribution to its first target markets in Visayas. In a disclosure to the Philippine Stock Exchange, the firm said it has begun...
The United States Agency for International Development (USAID), through UNILAB Foundation, has signed a memorandum of agreement with the ICCP Group Foundation, Inc. (IGFI) as one of the core partners for the USAID’s Advanced Manufacturing Workforce Development (AMDev) Program. According to a...
Publicly-listed Century Peak Holdings Corporation (CPM) reported that subsidiary Century Peak Cement Manufacturing Corporation (CPCMC), the country’s newest cement producer, has been granted quality standard certification for its cement products. In a disclosure to the Philippine Stock Exchange...
Local factory activity ended on a positive note last year as both production and new orders expanded for the fourth consecutive month in December along with the marginal upturn in employment, the latest survey from S&P Global revealed. The Philippines’ S&P Global manufacturing purchasing...
#MINDANAO John Tria In last week’s column I enjoined you all to review 2022 as we take a look ahead to 2023. Indeed the lessons we have learned from post pandemic recovery practices to the responses to the challenges posed by geopolitical realities such as the Ukraine conflict and climate related...