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2023 annual sales by Geely Holding Brands rise 20% to 2.79m units
For the sixth consecutive year, Geely Holding achieved more than 2 million units in aggregate sales......»»
Philippines eyes $3.82 million sales from German trade fair
The Philippines is targeting to generate $3.82 million in sales from its participation in an international consumer goods trade fair in Germany, according to the export promotions arm of the Department of Trade and Industry......»»
Philippines, IRRI ink MOU to boost rice output
MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»
Philippines, IRRI ink MOU to boost rice output
MANILA, Feb. 19 (Xinhua) -- The Philippines' Department of Agriculture (DA) on Monday said it has signed a memorandum of understanding (MOU) with the International Rice Research Institute (IRRI) to help boost rice production in the Philippines. The DA said the five-year MOU seeks to boost the country's rice industry through sustainable practices that enhance yield, reduce production costs, minimize post-harvest.....»»
Philippines lodges strong protest with China over water cannon attack in disputed South China Sea
Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»
Philippines lodges strong protest with China over water cannon attack in disputed South China Sea
Manila [Philippines], March 25 (ANI): In the wake of accusation by the Philippines that the Chinese Coast Guard wounded three of its soldiers during a water cannon attack in the disputed South China Sea, Manila on Monday summoned Beijing's envoy to lodge its strong protest, Al Jazeera reported. The Philippines Department of Foreign Affairs, in a statement said that Manila conveyed its "strong protest against the aggressiv.....»»
PAL prospers post-pandemic, triples profit
Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»
Jollibee FY23 profit: P8.8-B (up 16%)
Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»
Philippines launches campaign to boost halal industry
MANILA, Jan. 23 (Xinhua) -- The Philippines on Tuesday launched a four-year plan to boost the halal industry, hoping to turn the country into a leading halal hub in the Asia-Pacific region by 2028. Philippine Trade and Industry Secretary Alfredo Pascual said the Philippine Halal Industry Development Strategic Plan "aspires to establish the Philippines as a customer-focused, collaborative, comprehensive, and comp.....»»
Philippines launches campaign to boost halal industry
MANILA, Jan. 23 (Xinhua) -- The Philippines on Tuesday launched a four-year plan to boost the halal industry, hoping to turn the country into a leading halal hub in the Asia-Pacific region by 2028. Philippine Trade and Industry Secretary Alfredo Pascual said the Philippine Halal Industry Development Strategic Plan "aspires to establish the Philippines as a customer-focused, collaborative, comprehensive, and comp.....»»
Gokongwei anchor firms RLC, URC post strong Q1 earnings
The property development arm and the food and beverage unit of the Gokongwei Group posted robust earnings in the first quarter as sales improved across all their business divisions......»»
Vehicle sales up by 13% in Q1
Sales of motor vehicles in the country rose by 12.7 percent in the first quarter from a year ago, supported by strong consumer demand and improved supply......»»
URC income down in 2023
Gokongwei-led snack foods giant Universal Robina Corp. saw its net income decline in 2023 despite maintaining strong sales......»»
Globe profit down to P6.8 billion in Q1
Mobile giant Globe Telecom Inc. incurred another quarter of lower profit as it reeled from broadband losses and quicker depreciation......»»
Cebu Pacific profit soars
Low-cost carrier Cebu Pacific reached a cruising altitude in the first quarter of the year, doubling its profit to more than P2 billion due to the holiday boom for air travel......»»
SM Prime builds up profit to P10.5 billion
Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls......»»
PAL profit tumbles on price pressures
Flag carrier Philippine Airlines felt the shock of ballooning prices of fuel and services in the first quarter of the year, suffering a 13- percent drop in profit due to higher spending......»»
LBC back to profit on cost cutting
Logistics courier LBC Express Holdings Inc. booked a profit of nearly P200 million in 2023, as it slashed business costs to offset the decrease in revenue......»»
GMA Network profit falls to P3.2 billion in 2023
Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements......»»
AGI posts record P30.3 billion profit
Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»