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Century Pacific IPO gets SEC nod

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Leading food manufacturer Century Pacific Food Inc. has obtained approval from the Securities and Exchange Commission to raise as much as P3.3 billion from an initial public offering later this month.

Posted: April 5th, 2014 in Editor's Pick,Headlines | Read More »

Seafood producer turns around and reports profit

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alliance_alliance

Seafood producer Alliance Select Foods International Inc. swung back to profitability in the second quarter as the company grew its volume on the back of favorable fish supply and global pricing.

Posted: August 6th, 2013 in Latest Business Stories | Read More »

Premium tuna brand brings hope to small fishers

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A MAN balances his prize catch on one shoulder at a fishing village in Ilocos Norte. Some 300 Pasuquin artisanal fishing families using about 200 small bancas are participating in the pilot phase of what the partners hope will become a nationwide campaign.

In Pasuquin, Ilocos Norte, leading conservation group World Wide Fund for Nature-Philippines (WWF-Philippines) and private corporation Century Canning Corporation (CCC), the country’s top tuna canning firm, have partnered in a project designed to make sustainable fishing a viable means of livelihood for small fisherfolk.

Posted: December 1st, 2012 in Editor's Pick,Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

Tuna exporter’s P120M expansion OK’d

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The export arm of tuna canning giant Century Pacific Group is all set for a P120-million expansion, following the approval of its registration with the Board of Investments (BoI).

Posted: October 3rd, 2012 in Headlines | Read More »

Davao fishport hopes for better year for tuna industry

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Tuna industry players in Southern Mindanao are hoping for a richer catch in the year of the water dragon despite the declining worldwide tuna harvest due to changes in the climate.

Posted: January 3rd, 2012 in Latest Business Stories | Read More »

PH tuna output declining due to ‘high seas ban’

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Local tuna production dropped by 20 percent in the first nine months of the year from year-ago level due largely to the high seas fishing ban imposed by the Western and Central Pacific Fisheries Commission (WCPFC), according to the tuna industry. The Tuna Canners Association of the Philippines expressed fear that the declining production might [...]

Posted: October 19th, 2011 in Editor's Pick,Headlines | Read More »

Execs debunk claim PAL labor row has affected tuna industry

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Contrary to the claim of a tourism industry official, the labor row at Philippine Airlines may have caused PAL flight cancellations and delays but has not affected the local tuna industry at all, industry players said Thursday.

Posted: October 14th, 2011 in Latest Business Stories | Read More »

Agriculture department lowers tuna export fee

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Logo taken from http://www.da.gov.ph

The Department of Agriculture has agreed to lower the tuna export fee from the current three percent of the gross value of the shipment amount to just 0.2 percent, a fishing industry official said Tuesday.

Posted: September 15th, 2011 in Latest Business Stories | Read More »

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