Home2023May (Page 95)

D&L INDUSTRIES, Inc. is reducing its capital expenditure (capex) budget this year amid the scheduled completion of its new manufacturing plant in Tanauan, Batangas; its top official said.“We are anticipating lower amount spent on capex going forward… It’s just the expansion plan in Batangas, mostly,”

1 of 5By Revin Mikhael D. Ochave, ReporterLEXUS PHILIPPINES has officially launched the all-new RZ 450e battery electric sport utility vehicle (SUV), signaling the company’s entry into the local battery electric vehicle (BEV) segment. The Japanese automaker had a launch event at its dealership in

METROPOLITAN Bank & Trust Co. (Metrobank) saw its net profit rise by 31.25% in the first quarter as its loan book expanded and as it posted higher margins and “healthy” fee income amid better asset quality.The lender’s attributable net income stood at P10.482 billion at

1 of 3PHNOM PENH — It’s hard to win a Southeast Asian Games (SEAG) gold medal, much less win consistently.But the Filipino obstacle course race team did more, making a clean sweep of the four events here after going six-of-six three years ago in Manila.For