Established in 1963 by founding brothers Dean and Leon Lao as a plastics industry supplier, D&L Industries has diversified over the last six decades to become the country 's largest manufacturer of customized food ingredients, specialty raw materials for plastics, and oleochemicals for...
As the Philippine property sector continues to evolve, a new generation of leaders is helping shape where the industry goes next. Among those recognized at the 14th PropertyGuru Philippines Property Awards is Monica D. Lorenzo, director for Leisure and Business Development at Torre Lorenzo...
The entry of I&C Holdings Corp.—a firm linked to Fortman Cline Capital Markets—as the second-largest shareholder of cash-strapped ABS-CBN Corp. is seen by market analysts as a strong vote of confidence in the media company’s turnaround story. “With a ₱3.5-billion commitment, investors are...
Foreign investors seeking entry into the Philippines could soon use the Social Security System (SSS) as anchor to expand locally, a move that may accelerate capital deployment alongside the nation’s sovereign wealth fund. SSS President and Chief Executive Officer (CEO) Robert Joseph M. De Claro...
The Philippines has secured a $600 million grant (around ₱37 billion) from the United States (US) to expand access to quality healthcare and strengthen the country’s resilience against public health threats. The Department of Finance (DOF) facilitated the non-repayable grant under the Strategic...
President Marcos is moving to abolish 21 state-run companies and has categorized 30 others as non-operational, inactive, or deactivated as the government accelerates efforts to wind down underperforming government entities and trim public spending. Finance Secretary Frederick D. Go said in a DZRH...
President Marcos retains ample fiscal room to expand government borrowing to support infrastructure and development programs, according to his chief economic manager, brushing off concerns over sovereign debt that has climbed to its highest level relative to economic output in more than two...
D&L Industries Inc. expects an even stronger second half after posting higher profits in the first half of 2026, driven by improved second-quarter performance amid recovering consumer spending and lower coconut oil prices. In a media briefing on Wednesday, Aug. 5, D&L President and Chief Executive...
Maharlika Investment Corp. (MIC), the Philippines’ sovereign wealth fund (SWF) manager, is targeting ₱3.3 billion in core net income this year, supported by steady dividend income as it accelerates capital deployment to about ₱35 billion by year-end. MIC Vice President for Finance Marvin M....
Labor groups, environmentalists, and indigenous communities facing displacement risks are aggressively pushing back against the plan to build the high-value Pax Silica AI industrial hub. Red flags have been raised over the looming strain on New Clark City’s water, land, and power supplies....
State-run Maharlika Investment Corp. (MIC), manager of the Philippines’ first sovereign wealth fund, expects to become a regular member of the International Forum of Sovereign Wealth Funds (IFSWF), a global organization that promotes good governance, transparency, and accountability among SWFs....
The Philippine Technology Transfer Act has failed to commercialize publicly funded research and development (R&D) despite 15 years of implementation, leaving technology transfer at a “nascent stage,” according to state-run policy think tank Philippine Institute for Development Studies (PIDS)....
