There is a new law — Republic Act 11904 — that carries a lot of promise for the erstwhile forgotten creative industry sector, an important segment of the national economy that provides jobs and livelihood for a good number of Filipinos. The measure, called the Philippine Creative Industries...
D&L Industries, the country’s largest green chemicals and food ingredients firm, posted a record P1.6 billion net income in the first half of 2022, up 17 percent from the P1.4 billion earned in the same period last year despite the Omicron surge and rising costs. In a press briefing, D&L...
Senator Loren Legarda has welcomed the passage of Republic Act (RA) 11904, or the Philippine Creative Industries Development Act, which supports Filipino excellence in creative industries. The law, which Legarda co-authored in the previous 18th Congress, is seen as a significant milestone for...
Senator Loren Legarda on Wednesday, Aug. 3 welcomed the passage of Republic Act (RA) 11904, or the Philippine Creative Industries Development Act, which supports Filipino excellence in creative industries. The law, which Legarda co-authored in the previous 18th Congress, is a significant milestone...
The domestic electronics industry has urged for a review of the effectiveness of the incentives rationalization program of the government stating the country could potentially lose $400 million worth of investments to other countries, on top of the earlier $3.25 billion losses, should there be no...
Factory output grew at a much faster pace in May due to strong production of machinery and equipment, the Philippine Statistics Authority (PSA) reported Thursday, July 7. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA said the country's volume of production index (VoPI)...
Six Philippine firms were included in the list of honored companies in Asia in Institutional Investor’s 2022 Asia (ex-Japan) Executive Team Survey. Based on the poll results published in the Institutional Investor website, the six local firms in the list are D&L Industries Inc., Century...
Factory output improves in uphill climb —PSA By Chino S. Leyco Factory output continued to grow, but at a much slower pace in April due to strong production of textiles, the Philippine Statistics Authority (PSA) reported Thursday, June 9, In its Monthly Integrated Survey of Selected...
The government lost billions of pesos in power subsidies and tax incentives to now-defunct Hanjin Heavy Industries and Construction Philippines Inc. (HHIC-Phil), the Fiscal Incentives Review Board (FIRB) said. In a statement Tuesday, June 7, Finance Assistant Secretary and FIRB Secretariat Head...
D&L Industries Inc. expects its second quarter growth to be stronger than in the first three months of the year despite rising costs as its businesses continue to improve with the reopening of the economy. In a press briefing after the firm’s annual stockholders’ meeting, D&L President...
PEACE-MAKER Jose de Venecia Jr. Former Speaker of the House Leaders of political parties and parliaments from Asia and Europe will convene in Prague two weeks from now for the fourth summit of the Asia Europe Political Forum or AEPF. The political parties under our International Conference of Asian...
D&L Industries Inc., the country’s largest green chemicals and food ingredients manufacturer, reported a 12 percent growth in net income for the first quarter of 2022 to P780 million from P695 million in the same period last year despite rising raw material costs. In a media briefing, D&L...
