BACOLOD CITY – Sen. Ramon “Bong” Revilla Jr. has committed to give P20 million for this city. SEN. Ramon ‘Bong’ Revilla Jr. and Bacolod City officials headed by Mayor Alfredo Abelardo ‘Albee’ Benitez lead the payout of the Tulong Panghanapbuhay sa Ating Disadvantaged/Displaced Workers...
San Miguel Corporation (SMC) reported that it has removed more than two million metric tons (MT) of silt and waste covering a distance of around 25 kilometers of river channels in Bulacan in a little over a year. The firm said it is initially focusing in areas around the future New Manila...
CEBU CITY – A lawyer has appealed to the public to help “spread the truth in Palompon” amid the protracted legal battle over the alleged illegal dumping of chicken and other solid wastes at the Palompon Protected Watershed Forest Reserve in Palompon, Leyte. AN excavation is done in an area in...
Billionaire Fernando Zobel de Ayala, Board Director of the country’s oldest conglomerate Ayala Corporation, has been conferred the Pro Ecclesia et Pontifice (For Church and Pope), the highest honor the Pope bestows upon a layperson. Ayala Corp. Director Fernando Zobel de Ayala receives Pope's...
EDITORS DESK Honoring athletes for decades has been a true devotion of the Philippine Sportswriters Association. For the past years, the country's oldest media organization was always at its shining best in recognizing sporting excellence through the spaces of print, online, and other digital...
The Philippine Stock Exchange (PSE) and Philippine Dealing System Holdings Corp. (PDSHC) cheered the appointment of former Robinsons Land Corporation President and CEO Frederick D. Go as the investment czar of the Marcos administration. In a statement, the PSE and PDSHC said their Board of...
Philcement Corporation, a 60 percent-owned subsidiary of the Del Rosarios’ PHINMA Corporation, has sealed an agreement with Petra Cement Inc. that will allow it to produce cement for the Northern Mindanao market. In a disclosure to the Philippine Stock Exchange, PHINMA said Philcement and Petra...
Two of the country’s top businessmen and sports patrons stand side by side in the coming San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Annual Awards Night. San Miguel CEO and President Ramon S. Ang along with First Pacific Company Chairman and CEO Manny V. Pangilinan...
The Philippine Stock Exchange (PSE) expects to raise P175 billion worth of capital in 2024 amid a more upbeat equities market with six companies seen to launch their initial public offerings (IPO) this year compared to just three in 2023. “Our capital raising forecast is P175 billion, around P40...
Investors in the local stock market have reason to be guardedly optimistic about 2024 following a lackluster trading in 2023. “The expected improvement in macroeconomic indicators are poised to drive market conditions in 2024,” said Philippine Stock Exchange (PSE) President and CEO Ramon S....
The Philippine Stock Exchange index (PSEi) dropped 1.8 percent to 6,450.04 at the end of 2023 from its closing figure on the last trading day of 2022. The bourse said its daily average value turnover was at P6.09 billion in 2023, down by 16.5 percent from 2022’s P7.30 billion average. (L-R): PSE...
Diversified conglomerate San Miguel Corporation (SMC) is advancing into the phased development of a solar farm that will strategically position the cavernous New Manila International Airport (NMIA) in Bulacan as a carbon-neutral infrastructure – with the kick-off installation targeted to provide...