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Manila Water accelerates expansion program

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Ayala-controlled Manila Water Company Inc. is revving up the expansion of its roster of subsidiaries both in the Philippines and abroad in an effort to spread risks through a drive to diversify its portfolio.

Posted: April 7th, 2014 in Latest Business Stories | Read More »

Manila Water eyes more foreign projects

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Publicly listed Manila Water Co. wants to further expand its footprint around the region, starting with Southeast Asian countries where it already has a presence, according to its top official.

Posted: April 4th, 2014 in Latest Business Stories | Read More »

URC sets revenue goal of $3B in five years

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Screengrab from http://www2.urc.com.ph/

Jack ‘n Jill snacks maker Universal Robina Corp. (URC) is confident of its prospects in Myanmar, the last highly populated Southeast Asian market that the company has yet to penetrate.

Posted: April 3rd, 2014 in Latest Business Stories | Read More »

Hella-Philippines expands PH operations

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The local unit of Germany-based Hella KGaA Hueck and Co., one of the world’s 50 leading automotive suppliers, is further expanding its operations in the Philippines this year as it targets to capture a bigger share of the domestic market.

Posted: March 21st, 2014 in Headlines | Read More »

PH manufacturing output seen expanding

Philippine manufacturing production likely expanded by 24 percent in January on exports growth and strong domestic demand, according to Moody’s Analytics.

Posted: March 8th, 2014 in Headlines | Read More »

DuPont growth seen to hinge on PH economy

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Dupont aims to grow two to three times the rate of the Philippines’ economic expansion, said a top company official.

Posted: March 7th, 2014 in Headlines | Read More »

Cement company eyes billion-peso expansion

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Cement firm Lafarge Republic Inc. is investing some 18.48 million euros, or over a billion pesos, in a new cement mill at its manufacturing plant in Bulacan to further boost its production capacity by 2015.

Posted: March 1st, 2014 in Headlines | Read More »

Roxas group expanding hotel, resort portfolio

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Roxas and Co. Inc. (RCI), which is involved in sugar and real estate businesses, is riding on the bright prospects of the Philippine tourism industry by expanding its hotel and resort management portfolio and diversifying into themed-restaurant business this year.   In a statement, RCI chair and chief executive officer Pedro Roxas said the group, [...]

Posted: February 28th, 2014 in Headlines | Read More »

German BPO firm expanding operations in PH

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Global business process outsourcing (BPO) firm Arvato is expanding its operations in the Philippines, which it deems as a key strategic location for the company given the country’s skilled employees and secure infrastructure.   Arvato, a German company,  recently inaugurated a new facility in Metro Clark, a business and tourism hub north of Manila, in [...]

Posted: February 28th, 2014 in Headlines | Read More »

Jollibee putting up shop in UAE

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Homegrown fast-food chain Jollibee Food Corp. (JFC) is expanding its footprint in the Middle East with a new joint-venture deal that will bring flagship brand Jollibee to oil-rich United Arab Emirates.

Posted: February 26th, 2014 in Latest Business Stories | Read More »

Tune Hotels continues expansion in PH

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Red Planet Hotels Ltd., which operates Tune Hotels in the Philippines, expects to have 1,720 rooms under its portfolio by the end of 2014, cementing its position as the largest internationally owned and operated hotel brand in the country.

Posted: February 19th, 2014 in Headlines | Read More »

Global Power to expand capacity of Iloilo plant

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Global Business Power Corp. (GBPC) said it was expanding its 164-megawatt coal-fired plant in Iloilo in anticipation of an increase in power demand arising from the continued economic growth in the province.   A member of the GT Capital Group of Companies of taipan George Ty, Global Power owns Panay Energy Development Corp., which operates [...]

Posted: January 31st, 2014 in Headlines | Read More »

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