Unilever to Open in the Philippines Its Largest Personal Care Factory Globally
Unilever, one of the largest retails/FMCG companies in the world, recently announced that it will expand its personal care factory in the Philippines. The project will cost PHP 4.8 billion (USD 88 million), making the plant Unilever´s largest factory globally. Back in...
The Philippines to Allow 100% Foreign Ownership in Renewable Energy
In a landmark move to increase the power generation capacity and make the Philippines less reliant on imported fuels, the country’s Department of Energy (DOE) has recently approved 100% foreign ownership of renewable energy projects. Before 2022 ended, the DOE...
Coca-Cola Philippines to Expand 100% Recycled Plastic Packaging
Coca-Cola Philippines recently announced that it will transition its key brands Coca-Cola Original Taste and Wilkins Pure to 100% recycled PET plastic packaging (excluding caps and labels) by 2023. The new formats will contribute expand the company’s array of products...