Renna Hechanova-Angeles, the vice chairman, treasurer, and director of Concepcion Industrial Corp., has died. She was 70. Hechanova-Angeles, the eldest member of the prominent Concepcion family’s third generation, passed away after a career deeply intertwined with one of the country’s leading...
Authorities raided a steel manufacturing plant inside an industrial estate supervised by the Department of National Defense (DND) in Tagoloan, Misamis Oriental on Saturday, May 16, and discovered 69 undocumented Chinese nationals and one Filipino allegedly working illegally in the facility, DND...
Consumer appliances and enterprise solutions firm Concepcion Industrial Corp. (CIC) reported a 45-percent drop in attributable net income to ₱99.2 million in the first quarter of 2026, with the effects of the escalating Middle East conflict already creeping into its March results. In its...
Concepcion Industrial Corp. (CIC), a consumer appliances and enterprise solutions firm, recorded an 8.33-percent decline in consolidated net income to ₱1.1 billion last year from ₱1.2 billion in 2024 amid industry-wide challenges. In a disclosure to the Philippine Stock Exchange (PSE) on...
The Department of Labor and Employment (DOLE) maintained industrial peace and safeguarded workers’ rights in 2025 by resolving 98.07 percent of labor disputes nationwide. Most cases were amicably settled through the Single Entry Approach (SEnA), ensuring efficient resolution without disrupting...
DAVAO CITY – This city is laying down plans for a uniform food security program anchored on a city-owned rice mill and creating an agricultural industrial zone, following a recent meeting with acting Mayor Sebastian Duterte. Councilor Ralph Abella, chairman of the Committee on Agriculture,...
The Department of Justice (DOJ) has indicted Abra Mining & Industrial Corp. (AR), its directors, officers, transfer agent, and certain stockholders for the unauthorized and fraudulent trading of shares from 2015 to 2019. Acting upon the complaint filed by the Securities and Exchange Commission...
The newly inaugurated logistics and supply chain hub in Batangas could soon be a strategic site that will complement the proposed Subic-Clark-Manila-Batangas (SCMB) Railway, a development seen to significantly boost trade in the province and nearby areas. In a statement, Sinisian Lemery Batangas...
The Sinisian Lemery Batangas Port and Industrial Park (SLBPIP), the newest logistics and supply chain hub south of Manila, is now operational and ready to serve its locators. With an investment of ₱ 5 billion, the SLBPIP is a seven-hectare industrial estate located in Sinisian, Lemery town in...
With its long-standing reputation as an agricultural powerhouse, home to vast banana plantations that have shaped its economy for decades, Panabo City is now emerging as a vital force in Mindanao’s broader economic transformation. Spearheading this next chapter is homegrown developer Damosa Land,...
Despite softer retail demand, consumer lifestyle and enterprise solutions provider Concepcion Industrial Corp. (CIC) managed to grow earnings by 30 percent in the first half of the year on the back of stronger refrigeration and appliance sales. In a disclosure to the Philippine Stock Exchange...
Concepcion Industrial Corporation (CIC), the country’s leading provider of consumer lifestyle and enterprise solutions, is discussing with San Miguel Corporation its possible participation in the rehabilitation of the three terminals of the Ninoy Aquino International Airport. In a discussion with...
