Concepcion Industrial Corporation (CIC), the country's leading provider of consumer lifestyle and industrial solutions, reported that it has doubled its consolidated net income to P186 million in the first quarter of 2024 compared to the same period last year. In a disclosure to the Philippine...
As the government cannot provide viable ‘quick fixes’ to the country’s shaky power supply situation, Luzon grid will have to increase its dependency on the interruptible load program (ILP) which is underpinned by the switch-on of generating sets (gensets) of big-ticket customers that are...
As it is becoming apparent that the government may have been failing on its projection of ‘no red alert’ and sufficient power supply within the stretch of the summer months, the Department of Energy (DOE) is appealing to the industrial and commercial end-users in particular to pare their...
Many Filipinos start their day with a cup of hot chocolate made from "tsokolate" or "tablea" which has a rich history and tradition. However, the traditional mixing process can be time-consuming, which led the Department of Science and Technology- Industrial Technology Development Institute...
Green solution is in for Pampanga-based firm Laus Group of Companies (LGC) as it is now embracing the ‘power of the sun’, in sustaining its ‘prosumer’ journey to satiate the electricity requirements of its corporate buildings, while also locking in cost savings. Through a partnership with...
Cacao is a delicious and versatile bean that is used as the base for chocolate and has been an important part of Philippine agriculture for many centuries. (Locally produced cocoa / Photo from DOST) Unlike in other cacao-growing countries, Filipinos associate cacao with "tableya" not chocolate,...
The FDC Green Energy Corp. (FDCGEC) has announced plans to expand its solar power project in Misamis Oriental, driven by the expected surge in electricity demand. In a statement, the Filinvest Group’s power arm said its soon-to-rise solar power project in the PHIVIDEC Industrial Estate will...
Bigger margins and higher sales have led to a surge in the 2023 net earnings of Concepcion Industrial Corporation (CIC), the country’s leading provider of consumer lifestyle, building and industrial solutions. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its strong...
Filipino firm Upgrade Energy Philippines (UGEP) is casting an ambitious target of 700 megawatts for rooftop and ground-mounted solar installations across commercial and industrial (C&I) customers that it is targeting to accomplish by 2028. So far, the first major project delivered by the...
The Lopez Group’s economic zone operator First Philippine Industrial Park (FPIP) has lined up various community-oriented initiatives to further improve conditions in the cities of Santo Tomas and Tanauan in Batangas. In a statement, the firm said this is part of its efforts to give back to the...
Concepcion Industrial Corporation (CIC), the leading home and building & industrial solutions provider in the Philippines, is expanding its home appliances portfolio with the forging of a strategic partnership with JS Global APAC Pte Ltd. for the exclusive distribution of “Shark” and...
The industrial sector has started showing signs of prospective rebound as the drop on energy sales had already narrowed down to 1.0%, power utility giant Manila Electric Company (Meralco) has noted. Sales to manufacturing facilities and key industries, the power firm said, hovered at 10,570...
