D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, expects to beat last year’s P2.3 billion profit in 2024 as its financial performance is usually strong in the fourth quarter. In a media briefing, D&L President and CEO Alvin D. Lao said the...
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, reported a 75 percent jump in consolidated net income to P618 million in the first nine months of 2024 from the P354 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
President Marcos has departed Manila to participate in the 44th and 45th Association of Southeast Asian Nations (ASEAN) summits in Lao People’s Democratic Republic (PDR) where he is expected to advance the country's stand resolving regional disputes. President Ferdinand Marcos Jr. and First Lady...
President Marcos will join his fellow Asian leaders in Vientiane, Laos next week for the 44th and 45th Association of Southeast Asian Nations (ASEAN) Summit and Related Summits where he is expected to "champion" the Philippines' interests. PCO/Pixabay photos In a pre-departure briefing in...
D&L Industries Inc., the country’s top specialty food ingredients and oleochemicals producer, was recognized by the Institute of Corporate Directors (ICD) for its outstanding corporate governance practices for the fifth consecutive year. The ICD’s Golden Arrow Award is based on the ASEAN...
Chemrez Technologies, Inc., a wholly owned subsidiary of D&L Industries, reported that it is already operating its coco-biodiesel plant at optimal capacity after oil firms ramped up their orders to comply with the mandate of a three percent blend (B3) starting October. In an interview during a...
Cebu Pacific Air, the Philippines' leading carrier, accepted its 12th aircraft delivery for 2024 — an A321neo — which it will use to support the airline’s ongoing network expansion and fleet modernization efforts. In a statement, Cebu Pacific said the newly added 236-seater aircraft touched...
Cebu Pacific Air (CEB), the Philippines’ leading carrier, reported that it has received another A320neo, its 11th aircraft delivery for the year. In a statement, the Gokongwei Group’s airline said this is part of its commitment to expand its network and provide accessible air travel for...
The country’s top three airlines are optimistic that the takeover by the San Miguel Corporation-led New NAIA Infrastructure Corporation (NNIC) of the Ninoy Aquino International Airport will usher much-need changes that will allow them to take advantage of the expected boom on the Philippine...
Data center developer A-FLOW, a joint venture between FLOW Digital Infrastructure (FLOW) and AyalaLand Logistics Holdings Corp. (ALLHC), has completed the structural framework of its new ML1 Data Center in Biñan, Laguna. ALLHC said the three-building carrier-neutral campus is designed to meet the...
Cebu Pacific Air, the Philippines’ leading carrier, is set to open two new routes from Iloilo, resuming flights from Iloilo to Tacloban and opening a new direct flight from Iloilo to Zamboanga. The airline said this brings the total number of direct flights from the Iloilo to other areas to...
Former Senator Richard Gordon on Sunday, September 1 hailed the Office of the Ombudsman’s filing of graft charges against former health secretary Francisco Duque III, former Department of Budget and Management (DBM) undersecretary Christopher Lao and other government officials involved in the...
