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SAMAL ISLAND, Philippines — Its official name, the Island Garden City of Samal, tells you all you need to know about this bucolic township off the coast of the southern Philippines. It’s an established tourist destination just offshore from the large city of Davao, and is known for its nature-based attractions such as beaches, waterfalls, […]

BusinessWorld December 14, 2020 | 12:03 am FOOD MANUFACTURER Universal Robina Corp. (URC) was recognized by the Department of Trade and Industry (DTI) as the country’s top exporter for the processed food and beverage sector. In a statement, the Gokongwei-led company said it was selected by DTI as the leading exporter for the said sector during the National Export Congress held on Dec. 3. URC said the recognition as top exporter was based on 2019 data from the Philippine Statistics Authority (PSA) that showed the value of its export transactions. “The company’s export tra...

Published December 14, 2020, 5:30 AM The Department of Trade and Industry (DTI) has named Universal Robina Corporation (URC) as the country’s top exporter for the processed food and beverage sector at the National Export Congress held this month. In a statement, URC said it was cited based on the value of its export transactions provided by the Philippine Statistical Authority (PSA) for 2019.The company’s export transactions reached approximately US$30 million last year. URC Vice President for Global Exports and Frontier Markets Brian Go “This recognition for our hard work and dedicatio...

KUALA LUMPUR (Dec 11): Analysts have trimmed their forecasts for Bermaz Auto Bhd (BAuto) as its sales margins have yet to recover fully despite the company posting stronger earnings for the second quarter ended Oct 31, 2020 (2QFY21). The car distributor's core net profit for the first half ended Oct 31, 2021 (1HFY21) came in below their estimates and that of the consensus as well. MIDF Research analyst Hafriz Hezry said while the margin of earnings before interest and tax (EBIT) was up 1.5 percentage points at 5.7%, it was still compressed by the six plus six years of free warranty and main...