The Philippine Economic Zone Authority (PEZA) has granted an extension for the start of commercial operations (SCO) for D&L Industries’ Batangas plant in light of delays in the delivery of equipment and machineries due to the recent surge in COVID-19 cases. In a disclosure to the Philippine...
D&L Industries, the country’s largest specialty food ingredients, plastics and oleochemicals firm, is currently participating in a vaccination drive initiated by the Quezon City Local Government Unit (LGU). In a statement, the firm said the objective of the vaccination drive is to hasten the...
Foreign and local business groups in the country have urged the passage of 17 priority bills by the 18th Congress during its third and final session year that will commence on July 26. The letter sent to President Rodrigo Duterte was signed by 15 business groups, including eight Philippine...
Employers and government agencies on Wednesday, (June 30) signed a manifesto that seeks to create 1 million jobs by end this year to help address the high unemployment rate in the country and bring it back to pre-pandemic level. The Manifesto on 1 Million Jobs for 2021-Partnership Project with the...
D&L Industries, the country’s largest specialty foods ingredients, plastics and oleochemicals firm, has filed with the Securities and Exchange Commission its registration statement for a planned maiden bond offering of up to P5 billion. In a disclosure to the Philippine Stock Exchange, the...
Renegotiation of the contract of South Korean-owned Hanjin Heavy Industries and Construction-Phils. Inc. (HHIC-PH) for the sprawling shipyard facility in Subic is nearing completion and which will be assigned to their “white knight,” according to Subic Bay Metropolitan Authority. SBMA...
D&L Industries, the country’s largest specialty foods ingredients, plastics and oleochemicals firm, has declared cash dividends amounting to P1.36 billion as it sustains its growth trajectory despite the reimposition of tighter quarantine measures. D&L Industries President Alvin D. Lao...
EDITORS DESK BERNIE CAHILES-MAGKILAT The former President Ferdinand E. Marcos had a vision for an industrialized Philippines. With that, he ordered in 1979 the development of at least 11 big industrial projects. These projects include copper smelting, integrated steel production, an aluminum...
The Metals Industry Research and Development Center of the Department of Science and Technology (DOST-MIRDC) has urged members of the Metalworking Industries Association of the Philippines (MIAP) to take advantage of its facilities to boost capabilities in areas of conventional and precision...
Trading this week will be influenced by the release of economic data, including the much-awaited gross domestic product (GDP), as well as more first quarter earnings reports. “Market sentiment may still have a bearish bias as investors continue to adjust their economic recovery expectations, from...
D&L Industries’ the country’s largest specialty foods ingredients, plastics and oleochemicals firm, continues to make a strong recovery and expects earnings this year to surpass profits in 2019 before the COVID-19 pandemic disrupted the global economy. D&L President Alvin D. Lao In...
The local stock market is seen to continue to be weighed down by concerns over the COVID-19 pandemic although upcoming annual stockholders’ meeting may also influence investors depending on the tone they set. “Next week, we still see a downward bias for the local market as pandemic worries are...
