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News and Events

PH’s Biggest Arms Maker Now A Defense Company

Armscor aims to supply military and police forces worldwide

Armscor is the oldest and biggest arms and ammunition manufacturer in the Philippines. The company, whose manufacturing facility is located in Marikina City, produces about 200,000 firearms and some 420 million rounds of ammunition a year. About 80 percent of this is ...

by Paul John Caña  | July 23, 2017 10:00:00
News and Events

Founding Family's Stake in Wilcon Climbs Php758-M in First-Day Trade

Construction supply retailer's share price rose 6.3% to a high of Php5.37 after listing

The share price of Wilcon Depot Inc., the Philippines' biggest home improvement retailer, rose 6.3 percent to a high of Php5.37 apiece from the offer price of Php5.05, hours after listing at the Philippine Stock Exchange on March 31.Trading under the ticker ...

by Lorenzo Kyle Subido  | March 31, 2017 05:00:00
News and Events

Halal goods to be made in 100-hectare Asian center in Zamboanga City

Mindanao SMEs urged to take advantage of growing global halal market

A 100-hectare center for the production and processing of halal goods in the eastern ASEAN region will soon rise in Zamboanga City, making it a key growth area for entrepreneurs wanting to penetrate the global halal market.Construction of The Asian Halal Center, ...

by Entrepreneur Staff  | October 20, 2016 06:00:00
News and Events

The Podee principle

The local distributor of the world-famous baby bottle hangs on to her unusual sales force

When a major retail firm offered her a hefty sum to carry a product she is currently distributing in the Philippines, mompreneur Maria Christina Siladan did what she thought to be the most sensible thing to do: she turned it down.The product ...

by Angelo Cantera  | August 15, 2016 08:00:00
News and Events

Philippine aerospace industry wants to be ASEAN hub for manufacturing

Government funds training of companies for global certification

The Philippine aerospace industry, projecting to export an estimated US$ 2.57 billion worth of aerospace parts and components by 2022 under a national aerospace roadmap, will be training qualified local aerospace companies to earn the coveted AS9100 certification.According to a report by ...

by Entrepreneur Staff  | August 10, 2016 05:00:00
News and Events

Duterte’s SONA promises a stable environment for business

Tax reform, improved transportation and faster internet ”" all for ease of doing business

It may not have been the same “heart-wrenching” speech that made communications secretary Martin Andanar cry, but President Rodrigo Duterte’s first SONA did give businessmen reason to smile.In his first state of the nation address, Duterte reiterated his plans to boost the ...

by Althea Lauren Ricardo  | July 26, 2016 06:00:00
Business Ideas

Financial Adviser: On how to divide business shares among your children

Each to how he or she contributes, and what goes to those who are into other things

Question: I have a thriving food manufacturing business that I want to leave behind to my five kids. The eldest is 25 years old, the youngest 10. Should I give everyone equal share? – Peter by emailAnswer: Giving all five children equal ...

by Henry Ong  | July 26, 2016 12:00:00
Run & Grow

How Crown Asia Chemicals grew from startup to listed company

The only listed pipe maker in is steadily growing for 26 years now, helping in the resurgence of the manufacturing sector in the country.

As the only listed pipe manufacturer in the country, Crown Asia Chemicals has a lot of leverage as it pursues dominance in the local market.The recent manufacturing boom—towering condominiums, rise of public-private partnership projects, and the surge of investors—gives the company the ...

by Elyssa Christine Lopez  | July 13, 2016 05:00:00
News and Events

Who are the richest givers in the Philippines?

The billionaires in the country also engage their time and resources in various philanthropic efforts.

RICHEST GIVERS. From left: Aboitiz Equity Ventures CEO Erramon Aboitiz, Ayala Corporation Chairman Emeritus Jaime Zobel de Ayala, and SM Group of Companies Chairman of the Board Henry Sy lead the list of most generous givers among the richest men in the country. ...

by Elyssa Christine Lopez  | March 21, 2016 07:00:00
Business Ideas

From retired brand exec to natural skin care line maven

COCOLINE Naturals was born out of Rica King's shift to a healthier, more holistic lifestyle.

OUT OF RETIREMENT. “I retired in 2010 thinking I could be a full-time housewife,” says Rica King, a former global skin care brand executive and the founder of COCO Health Products, Inc. Photo by Jonathan Baldonado / Entrepreneur Philippines Rica King headed a global ...

by Yvette Tan  | March 20, 2016 11:00:00
News and Events

Cement manufacturer more bullish as gov't lines up infra projects

Republic Cement expands its plant in Nozagaray, Bulacan, as it anticipates increased demand in cement this year, and the community where they operate benefits from this expansion as well.

NORZAGARAY, BULACAN – Republic Cement is more bullish these days, as it expands its plant in this province, anticipating an increased demand of cement with the government lineup of infrastructure projects this year.Republic Cement inaugurated its expanded P900-million ($19.25-million) Norzagaray plant in ...

by Elyssa Christine Lopez  | March 15, 2016 07:00:00