Manufacturing

6 Jun 2025

11:11AM

P&G to cut 7,000 office jobs in global restructuring drive

American consumer goods giant Procter & Gamble announced plans to eliminate up to 7,000 non-manufacturing jobs, about 15 percent of its office workforce, over the next two years as it accelerates a major cost-cutting plan.

4 Jun 2025

10:12AM

D&L Industries boosts payout, stays resilient with Batangas plant driving profits

The Lao family-led manufacturing giant D&L Industries is confident it can deliver long-term growth despite global uncertainties, banking on its essential product lines and investments in new facilities like the Batangas plant.

7 May 2025

7:09PM

Lao's D&L Industries posts 10% profit growth in Q1 2025 on exports, plant gains

The Lao family’s food ingredients and chemicals manufacturing giant D&L Industries reported a 10 percent jump in first-quarter net income to P681 million in 2025, lifted by strong export sales and growing output from its Batangas manufacturing hub.

24 Mar 2025

1:51PM

P&G’s Cabuyao plant at 30: From local factory to export powerhouse

Since its establishment in 1994, the facility has supported P&G Philippines’ business growth by producing leading consumer goods—including Pampers, Ariel, Tide, Downy, Joy, Safeguard, and Whisper—for both domestic and international markets.

10 Mar 2025

8:56AM

Ayala's IMI posts 2024 loss on restructuring, eyes new growth in industrial and medical fields

Integrated Micro-Electronics, Inc. (IMI) reported a core net loss of $24.6 million in 2024, primarily due to one-time restructuring expenses and asset impairments, despite generating $1.1 billion in total revenue, with $981 million from core businesses.

28 Feb 2025

9:53AM

Lao's D&L ends 2024 on stable growth, sets sights on 2025 expansion

D&L Industries, led by the Lao family, managed to grow profits despite rising costs, with recurring income up 2 percent to P2.3 billion in 2024, driven by strong exports and the improving performance of its Batangas plant.

24 Jan 2025

11:04AM

Ayala electronics maker IMI shutters China factory amid trade war threat

By: Miguel R. Camus

Ayala’s global manufacturing business, Integrated Micro-Electronics Inc. (IMI), continues to struggle as it shuts down its Chengdu, China facility to reduce costs as US President Donald Trump’s trade war threat looms over the world’s second-largest economy.

31 Dec 2024

3:26PM

Tourism, manufacturing winners in PH’s new land lease extension regime

By: Miguel R. Camus

Philippine lawmakers has approved a landmark policy to extend foreign land leases to 99 years, a transformative move expected to attract substantial foreign investments.

6 Nov 2024

1:13PM

Lao's D&L Industries sees healthy profit in 1st nine months, export strength leading the way

The Lao family-led food and chemicals manufacturing giant D&L Industries posted a recurring income of P1.8 billion for the first nine months of 2024, a 1-percent increase year-on-year.