Category: General

Manila: Specialty food ingredients and oleochemicals producer DandL Industries Inc. anticipates exceeding its PHP2.3 billion profit from last year in 2024, driven by an optimistic outlook on its traditionally strong fourth-quarter performance. DandL Industries President and CEO Alvin Lao indicated a continued robust level of consumer activities in the fourth quarter despite prevailing high prices. According to Philippines News Agency, DandL Industries disclosed a net income of PHP1.8 billion for the first nine months of the year. The company recorded a profit of PHP493 million for the third quarter, which represents an 11 percent decline compared to the same period

Manila: The Department of Justice (DOJ) has issued an immigration lookout bulletin order (ILBO) for seven officials from the Office of the Vice President (OVP). This action, requested by the House of Representatives, is part of an investigation into alleged misuse of public funds within the office. According to Philippines News Agency, the officials included in the ILBO are Zuleika Lopez, OVP chief of staff; Lemuel Ortonio, assistant chief of staff and bids and awards committee chairperson; Rosalynne Sanchez, administrative and financial services director; Gina Acosta and Edward Fajarda, special disbursing officers; Julieta Villadelrey, chief accountant; and Sunshine Charry Fajarda,

Legazpi City: President Ferdinand R. Marcos Jr. has directed all relevant government agencies to prioritize the quality, safety, and durability of materials used in infrastructure projects. During his recent visit to Legazpi City, Marcos highlighted the importance of using high-quality materials to ensure the resilience of infrastructure against natural calamities. According to Philippines News Agency, the President issued this directive to the Department of Public Works and Highways (DPWH), the Department of Transportation (DOTr), the Department of Trade and Industry (DTI), and other concerned agencies. Marcos stressed the need for climate and disaster resilient infrastructure, particularly given the increasing frequency

SAN JOSE DE BUENAVISTA: The Home Development Mutual Fund, commonly known as Pag-IBIG Fund, has announced the commencement of calamity loan applications for its active members residing in the capital town of Antique. This initiative follows the declaration of San Jose de Buenavista under a state of calamity by the municipal council on October 7. According to Philippines News Agency, the branch manager of Pag-IBIG Fund Antique, Donald Alton Cahilo, confirmed the acceptance of calamity loan applications in an interview on Wednesday. Active members in the affected region can apply for the loan until January 7, 2025. To be eligible,

Manila: Despite the continued improvement in the labor market, the National Economic and Development Authority (NEDA) said enhancing job quality and improving the income of Filipino workers are still the government’s top priorities. “We are sustaining our efforts to enhance all dimensions of our labor market. The government is urgently addressing the constraints to high-quality job creation and collaborating with the private sector to capacitate our workers with the right skills and competencies simultaneously,” NEDA Secretary Arsenio Balisacan said in a statement on Wednesday. According to Philippines News Agency, data released by the Philippine Statistics Authority showed that the country’s