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,...
Presidential aspirant and Vice President Leni Robredo on Thursday, Nov. 18, said she plans to pour investments in “blue” industries if she wins the presidency, adding that the country can become “a leading maritime power.” Vice President Leni Robredo (OVP) Blue industries refer to...
D&L Industries is confident of exceeding its pre-pandemic earnings this year after registering strong growth in the third quarter despite the reimposition of stricter quarantine measures. In a press briefing, D&L President Alvin D. Lao said, the country’s largest specialty food...
The local manufacturing output increased more than double in September this year owing to strong production of coke and refined petroleum products. In its Monthly Integrated Survey of Selected Industries, the Philippines Statistics Authority (PSA) said the country's volume of production index...
D&L Industries, the country’s top producer of customized food, chemicals and consumer products, reported that its export business is projected to account for 50 percent of revenues on robust growth amid the pandemic. In a disclosure to the Philippine Stock Exchange, the firm said that, from a...
The local manufacturing sector improved for five consecutive months last August on strong production in sugary beverage and refined petroleum products, the Philippine Statistics Authority (PSA) reported. August 2021 Monthly Integrated Survey of Selected Industries In its Monthly Integrated Survey...
D&L Industries Inc., which prides itself on being an innovation powerhouse in the country, plans to continue to beef up its research and development (R&D) investments to develop more innovative products despite the uncertainties due to the pandemic. The firm said that, with its successful...
