laboratory, analysis, chemistry

Investment opportunity in health-care space unveiled

Fund manager Manulife Asset Management Trust Corp. (MAMTC) has unveiled a new investment fund that allows investors to buy into the global health-care space and ride on breakthrough medical advances. Manulife Global Healthcare Equity Feeder Fund is an equity feeder unit investment trust fund (UITF) that investors with aggressive risk appetite may access for as…

worker, grinder, factory

Manufacturing sustains growth in March

Manufacturing sustained year-on-year growth in March, before the most stringent lockdown measures were again imposed in Metro Manila and four neighboring provinces that host economic zones and factories to contain the surge in COVID-19 infections. London-based global information provider IHS Markit Ltd. on Monday said the Philippines’ purchasing managers’ index (PMI) slightly eased to 52.2…

refuel, petrol stations, gas pump

Shell transforming pump stations into ‘one-stop community hubs’

Pilipinas Shell Petroleum Corp. is looking to nonfuel businesses to refocus its fuel stations into “mobility destinations” after incurring a net loss of P16.2 billion in 2020. The deep dive was mainly due to the cost of transforming its crude oil refinery in Batangas province into a full-pledged import facility as well as the crash…

SMC develops packaging to extend carabao milk’s shelf life

San Miguel Corp., through its packaging unit, has developed a packaging solution that will extend the life of carabao’s milk without preservatives, which is seen to improve the product’s marketability and potentially jumpstarting the growth of the carabao industry. SMC president and chief operating officer Ramon S. Ang made the announcement months after the company…