Senatorial candidate Herbert “Bistek” Bautista on Monday said the first measure that he would file once he secures a seat in the Senate in the upcoming May 2022 elections would be the proposed National Emergency Industries Act. The bill, Bautista said, seeks to address urgent health care needs...
D&L Industries, the country’s largest green chemicals and food ingredients manufacturer, reported a 31 percent jump in net income to P2.64 billion last year from the P2.0 billion earned in 2020. During a media briefing, D&L President and CEO Alvin Lao noted that 2021 earnings already...
Factory output continued to accelerate, albeit at a slower pace, in the first month of the year due to strong production in tobacco as well as wood, bamboo, cane, rattan articles and related products. In its Monthly Integrated Survey of Selected Industries (MISSI), the Philippine Statistics...
D&L Industries Inc. reported that the start of commercial operations (SCO) for subsidiary Natura Aeropack Corporation’s (NAC) plant in Batangas will be moved to January 2023 instead of the original May 2022 schedule due to global port congestion and supply chain disruptions. D&L President...
DAGUPAN CITY -- The 4th district of Pangasinan has earned the distinction of being the "Creative Industries Hub" with five National Artists hailing from the province, according to Rep. Christopher “Toff“ De Venecia. De Venecia said the people of Pangasinan are creative by nature with many...
Former Quezon City Mayor Herbert Bautista on Tuesday said he will pursue a measure that would provide tax relief for those in the entertainment industry should he win in the upcoming May 2022 senatorial elections. Bautista, who is running for senator in the upcoming polls, noted how entertainers...
San Miguel Corporation (SMC) is planning to double the capacity of its P10-billion advanced cement manufacturing facility in Davao to 100 million bags after it starts full commercial operations later this year. In a statement, SMC said its aim is to reduce reliance on imports and avoid delays in...
The Philippine factory output recovered last year with both volume and value of production posting double-digit growth versus 2020, the Philippine Statistics Authority (PSA) reported. In its Monthly Integrated Survey of Selected Industries (MISSI), the PSA reported Tuesday, Feb. 8, that the...
As the lingering pandemic drives demand for digital services, 917Ventures, Globe Telecom Inc.'s corporate venture builder, targets six hypergrowth industries:fintech, digital health, adtech, edutech, entertainment, and e-commerce. Vince Yamat, 917Ventures Managing Director said that aside from...
Chemrez Technologies Inc., a subsidiary of D&L Industries Inc., together with the Lao Foundation and global essential oil firm doTerra International have put up a solar-powered potable water facility and livelihood projects for coconut farmers in Camalig, Albay. The multi-million-peso...
The local factory output rose anew in October owing to strong production in fabricated metal, data from the Philippine Statistics Authority (PSA) showed. In its Monthly Integrated Survey of Selected Industries (MISSI) released on Thursday, Dec. 9, the PSA said the country's volume of production...
After selling its ventures in Australasia, food and beverage conglomerate Universal Robina Corporation (URC) is beefing up its presence in Southeast Asia with the acquisition of Malaysia’s Munchy Food Industries Sdn. Bhd. for about P22.86 billion. In a disclosure to the Philippine Stock Exchange,...
