Tag: SMC

LT Group Inc., the holding company of tycoon Lucio Tan’s businesses, said it will keep its planned capital spending for the year at P6 billion up to P8 billion, but is reviewing the plan due to uncertainty linked to the conflict in the Middle East.

Globe At Home is giving its customers a free internet speed upgrade of up to 1Gbps as part of its effort to help Filipino households cope with rising living costs and the ongoing energy situation.

The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPi) said the industry is unlikely to reach this year’s 500,000-unit sales target, as demand continues to soften.

Chemical manufacturer D&L Industries Inc. (DNL) reported a 5 percent increase in net income for the first quarter, reaching P717 million from P681 million a year earlier, even as sales declined.