Diversified conglomerate San Miguel Corporation (SMC) reported that its net income surged 61 percent to P14.5 billion (before accounting for foreign exchange adjustments) in the first quarter of 2024 versus the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
San Miguel Food and Beverage Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported that its consolidated operating income climbed 13 percent to P13.1 billion, fueled by increased sales in its Food and Spirits divisions. Based on its Philippine Stock...
The upturn in sales had propelled 16 percent rise in the first quarter net income of leading player Petron Corporation to P3.93 billion from last year’s three-month outcome of P3.4 billion. Petron indicated that the profitability climb had been registered across operational chains of the...
TACLOBAN CITY – The local government of Palompon, Leyte, through the Palompon Dialysis Center, offers free dialysis not only to its residents but also to people in the fourth district of Leyte. THE PALOMPON Dialysis Center. Mayor Ramon Oñate said that the initiative is part of his...
The Bankers Association of the Philippines (BAP) is waiting for the Philippine Stock Exchange to name a price if it wants to buy the stake of banks in the Philippine Dealing System Corporation (PDS), which owns the fixed income bourse Philippine Dealing & Exchange Corporation. BAP...
In the seventh year of its Carbon Sink Management Program, AboitizPower’s Therma Visayas, along with Ramon Aboitiz Foundation and partner farmers across Cebu, inch closer to a target of one million trees with 770,000 already planted as of end-2023. Trees offer a multitude of benefits to our...
The Philippine Stock Exchange, Inc. (PSE) is opening the 2024 edition of PSE STAR Investor Day with the first quarter briefing of 11 publicly listed companies slated on May 15 and 16. In a statement, the bourse said the PLCs will tackle their financial performance for the first three months...
ILOILO CITY – Presidential Adviser on Military and Police Affairs Secretary Roman Felix urged the Philippine National Police (PNP) and the Armed Forces of the Philippines (AFP) to ensure the stability of the administration of President Ferdinand R. Marcos Jr. “Let us defend the duly and...
Diversified conglomerate San Miguel Corporation (SMC) reported that it has achieved a new milestone in its river cleanup advocacy, having removed a total of 6 million metric tons of silt and solid waste from various river systems in and around Metro Manila. In a statement, the firm said this...
TACLOBAN CITY – To highlight the collaborative spirit of the fishing community and its role in promoting sustainable fishing practices, the local government of Palompon in Leyte held the first-ever offshore jigging tournament at the famous Kalanggaman Island in Palompon on Sunday, April 28. In...
EDITORS DESK Now here's good news, and bad news. First, the bad news: Hidilyn Diaz-Naranjo, the toast of Philippine sports, queen of weightlifting, the true definition of Filipina power, and undoubtedly an impetus that broke gender barriers, failed to secure a Paris berth through the qualification...
NAIA Terminal 3 General Manager Eric Jose Ines (2nd from left) shows the artistic rendition of the proposed second OFW Lounge to Speaker Martin Romualdez (3rd from left) on Tuesday afternoon. (Speaker’s office) A bigger Overseas Filipino Workers...