Tag: D&L Industries

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Batangas plant powers D&L’s 10% 1Q earnings jump

Corporate Context.ph Context.ph -
D&L Industries Inc., a leading specialty chemicals and food ingredients manufacturer, reported a 10 percent increase in first-quarter net income to ₱681 million, up from ₱618 million a year earlier, buoyed by a strong ramp-up in exports from its new Batangas plant.

Fire contained at D&L Batangas facility, no impact on operations

Corporate Context.ph Context.ph -
D&L Industries Inc. reported on Monday that a fire broke out outside a warehouse at its Batangas facility on Sunday afternoon. The company said that...

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ACEN invests P1.15B in subsidiary for renewable energy projects

Energy & Mining 0
ACEN Corp., the energy arm of the Ayala Group, has signed a subscription agreement worth P1.15 billion with fully owned subsidiary Giga Ace 8 Inc. The investment covers common and preferred shares issued from Giga Ace 8’s unissued capital stock.

Strait of Hormuz blockade rings alarm bells for economy

Economy 0
Energy and agriculture leaders warn of significant risks to fuel supply, prices, and food security after Iran announced it is closing the Strait of Hormuz, and threatening to fire on any vessel attempting to transit. This development follows reported attacks by the United States against Iran, according to a Reuters report.

Philippines, Sweden forge new growth partnerships

Trade & Investments 0
The Philippines and Sweden are exploring deeper economic cooperation...

CAB cuts fuel surcharge as global prices fall, lower airfares expected June 16–30

Travel & Tourism 0
The Civil Aeronautics Board (CAB) has approved a reduction in fuel surcharges following a sustained drop in global jet fuel costs, a change that will take effect from June 16 to 30 and expected to bring down the shipping rate for passengers and cargo.

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