By Tina Arceo-Dumlao
The billion-peso personal care product sector in the Philippines is dominated by multinational companies—including Unilever, L’Oreal, The Body Shop, Clinique, Procter and Gamble—that see a good thing going in the country because of its young and growing population with an increasing disposable income.
By Ardy Roberto
, Dr. Ned Roberto
Question: We’re a brother and sister team seeking to become successful entrepreneurs in the male personal care market. It’s my sister who had the idea. She told me once how I had in my cabinet more beauty and personal care products than she had. And yet, she said, “there’s no company that’s the L’Oreal, Avon or MAX Factor of the males.”
By Riza T. Olchondra
Philippine coconut oil (CNO) exports fell sharply in the first nine months of 2011 from the same period in 2010 due to less materials and slower export demand, preliminary estimates from the United Coconut Association of the Philippines (UCAP) showed.
By Doris C. Dumlao
MANILA, Philippines—Beauty product manufacturer Splash Corp. has sealed its purchase of an 80 percent stake in the food manufacturing unit of the Barrio Fiesta restaurant group, marking its diversification into the food business. Splash told the Philippine Stock Exchange on Thursday that the purchase of the Barrio Fiesta Manufacturing Corp., earlier valued at P472 million, [...]
By Cris Evert B. Lato
Engineer Leonora Salvane prayed for a miracle in the early ’90s. The nature of the trading business, which she and husband Rogelio put up in the late ’80s, left her guilty and uneasy because of “under the table” negotiations to speed up customs procedures.
By Doris C. Dumlao
MANILA, Philippines—Personal care product manufacturer Splash Corp. expanded its first quarter net profit by 36.8 percent to P10.84 million from a year ago on higher domestic and international sales. Splash disclosed to the Philippine Stock Exchange on Wednesday that the higher net profit was due to an increase in market share across several of its [...]