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Century investing in tin can factory

Century Pacific Food Inc., a leading food manufacturer, is investing P457.6-million in a tin can factory near its fish processing plant in General Santos City to reduce packaging costs and brace for further growth through acquisitions and product diversification.

Posted: April 14th, 2014 in Headlines | Read More »

Ayala subsidiary aims for $1B revenues by ’16

Ayala-led Integrated Micro-Electronics Inc. (IMI) is in the running to be the first $1-billion Philippine-owned electronics manufacturing services (EMS) firm in terms of revenues by 2016 but to date, the company believes its shares are significantly “undervalued” by the market.

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

Fragrance maker eyes more distributors

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The owner of homegrown fragrance brand Aficionado and Joel Cruz Signatures personal care products is setting his sights into the bigger global market, with P8 million to be spent this year for overseas expansion.

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

Pepsi’s PH unit has new president

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Beverage-maker Pepsi-Cola Products Philippines Inc. has appointed Furqan Ahmed Syed president and director effective April 1.

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

Imports jumped 21.8% to $5.8B in January

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The country’s imports rose by more than a fifth in January, pointing to the possible sustained recovery of the local manufacturing sector amid strong demand as a result of rosy business outlooks and typhoon-related reconstruction efforts.

Posted: March 26th, 2014 in Headlines | Read More »

China’s manufacturing slows to eight-month low

AP FILE PHOTO

China’s manufacturing activities expanded at the slowest pace since June, amid government efforts to rein in credit and investment growth, according to the industry group China Federation of Logistics & Purchasing.

Posted: March 1st, 2014 in Latest Business Stories | Read More »

2013 manufacturing output seen up by 18%

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Moody’s Analytics said the country’s manufacturing sector was seen to have grown at a faster pace in 2013 and that it was expected to continue fueling economic growth this year.

Posted: February 11th, 2014 in Headlines | Read More »

Resurgence in PH manufacturing seen

Trade officials are bullish on a “resurgence” in the Philippine manufacturing sector, which is expected to continue growing by 10 percent over the next few years, after outpacing the growth of the services sector for the first time in the third quarter of 2013.

Posted: January 30th, 2014 in Headlines | Read More »

URC net profit surged 29.4% to P10B in 2013

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

Gokongwei-led Universal Robina Corp. grew its net profit in fiscal year 2013 ending September by 29.4 percent year on year to P10.04 billion on higher earnings from branded consumer foods, agro-industrial and commodities businesses.

Posted: January 15th, 2014 in Latest Business Stories | Read More »

Manufacturing seen up in October

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Moody’s Analytics expects manufacturing production in the country to sustain its double-digit pace of growth in October, citing an increase in investments and rising demand.

Posted: December 9th, 2013 in Headlines | Read More »

Manufacturing output climbed in 1st 9 months

The output by the manufacturing sector, including tobacco products, grew by another double-digit pace in September, indicating that the country was taking the crucial first steps toward industrialization. AFP FILE PHOTO

The output by the manufacturing sector grew by another double-digit pace in September, indicating that the country was taking the crucial first steps toward industrialization.

Posted: November 13th, 2013 in Latest Business Stories | Read More »

PH manufacturing seen to stay robust

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The country’s manufacturing output likely expanded at a robust pace in September and is poised to maintain the favorable performance shown so far this year through 2014, according to Moody’s Analytics.

Posted: November 11th, 2013 in Headlines | Read More »

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