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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 127794 [Title] => Lapanday explores new markets to attain profit goal [Summary] => DAVAO CITY Lapanday Foods Corp. must open new markets or introduce new products to achieve its net income target of $10 million to $15 million this year. Last year, the company recorded a net profit of $7 million.
In the face of a global economic slowdown, Lapanday Foods, a subsidiary of listed firm Lapanday Holdings Corp., saw its net earnings to about $2.5 million in the first five months this year, substantially lower than the $4 million registered in the same period last year.
[DatePublished] => 2001-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CENTRAL AND LATIN AMERICAS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 127794 [Title] => Lapanday explores new markets to attain profit goal [Summary] => DAVAO CITY Lapanday Foods Corp. must open new markets or introduce new products to achieve its net income target of $10 million to $15 million this year. Last year, the company recorded a net profit of $7 million.
In the face of a global economic slowdown, Lapanday Foods, a subsidiary of listed firm Lapanday Holdings Corp., saw its net earnings to about $2.5 million in the first five months this year, substantially lower than the $4 million registered in the same period last year.
[DatePublished] => 2001-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | July 25, 2001 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
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During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
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