SMC Infrastructure and Ayala Greenfield Development Corporation (AGDC), a joint venture between Ayala Land Inc. and the Campos family’s Greenfield Group have broken ground on the Ayala Greenfield Interchange. In a statement, ALI said this is a critical infrastructure project set to improve...
Flag carrier Philippine Airlines (PAL) is adding flights from Manila to Cauayan, Isabela starting January 15, 2025 as it continues to grow its domestic network. In a statement, the airline said the new PAL service will offer daily flights for the convenience of traveling tourists, businessmen and...
San Miguel-led New NAIA Infra Corporation (NNIC), the new private operator of the Ninoy Aquino International Airport has launched the official website and social media pages of NAIA as the transformation of the Philippines’ primary gateway begins. The new website, www.newnaia.com.ph, focuses on...
The Ninoy Aquino International Airport (NAIA), notorious for its congestion and delays, is about to get a much-needed facelift. The San Miguel Corp. (SMC) consortium has pledged to revamp the airport and improve the travel experience for millions of passengers. Starting Sept. 14, the SMC-led New...
Flag carrier Philippine Airlines (PAL) is again expanding its Clark hub with the reopening of flights to and from Siargao starting Dec. 3, 2024. PAL said its thrice weekly Clark-Siargao-Clark direct service will provide ease and convenience for residents of Central and Northern Luzon, as there is...
Petron Corporation, the San Miguel group’s oil and gas subsidiary, has set the initial dividend rate for the P17 billion worth of preferred shares that will be issued after a follow-on offering. In a disclosure to the Philippine Stock Exchange, the firm said the initial dividend rate is 6.8364...
The Philippine Stock Exchange has approved Petron Corporation’s P17 billion follow-on offering of preferred shares which will kick off next week, on September 5, 2024. In a disclosure to the Philippine Stock Exchange, the San Miguel group’s oil and gas subsidiary said it is offering oup to 17...
Diversified conglomerate San Miguel Corporation is planning to invest up to P5 billion to construct a new off-ramp from the NAIA Expressway (NAIAX) to NAIA Terminal 3 to decongest heavy traffic in the area. In an interview with reporters, SMC Chairman and CEO Ramon S. Ang said the cost will range...
San Miguel Foods, a unit of diversified conglomerate San Miguel Corporation, reported that its long-running regenerative agriculture program has yielded over 90,000 metric tons of cassava in the first half of the year, 44 percent higher than in the same period of 2023. In a statement, the firm said...
Diversified conglomerate San Miguel Corporation (SMC) reported a 66 percent surge in net income to P33.5 billion although this excludes unrealized foreign exchange effects. In a disclosure to the Philippine Stock Exchange, the firm said this robust growth demonstrates its financial health and...
San Miguel Food and Beverage Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported that its net income improved by six percent to P20 billion in the first half of 2024, driven by continued business growth. In a disclosure to the Philippine Stock Exchange...
Work in government offices and classes in all levels in the National Capital Region (NCR) were suspended on Wednesday, July 24. Residents wade through almost knee-deep flood in Barangay Tañong in Malabon City on July 23, 2024. (Arnold Quizol) Malacañang made the announcement due to the...
