Despite the reopening of the Philippine economy and the resulting recovery of businesses, the year 2022 has not been kind to the local stock market. Earlier gains made on the back of the country’s improving Covid-19 situation as well as the traditional post-election rally eventually dissipated...
SMC Infrastructure expects the holiday traffic "exodus" to peak this week and declared a toll holiday for Christmas and New Year. The infrastructure arm of San Miguel Corp. (SMC) is once again waiving all toll fees at the Southern Tagalog Arterial Road (STAR), South Luzon Expressway (SLEX), the...
While various big business groups have aired their opposition to the government’s plan to establish a sovereign wealth fund (SWF) called the Maharlika Investment Fund (MIF), the Philippine Stock Exchange came out to voice its support for the proposal. In a short statement, PSE President Ramon S....
Eagle Cement Corporation is getting ready for its voluntary delisting from the Philippine Stock Exchange as its public float dropped to less than one percent after San Miguel Corporation acquired P12.61 billion Eagle shares through a tender offer. In a disclosure to the Philippine Stock Exchange,...
D&L Industries Inc., the country’s largest green chemicals and food ingredients producer, is expected to exceed this year’s record performance in 2023 as the economy continues to reopen while domestic and export sales will get a boost from the opening of its Batangas plant. In an informal...
BAGUIO CITY – Two employees of the Department of Agriculture-Cordillera were killed in a road collision in Ramon, Isabela on Thursday, Dec. 8. Police identified the victims as Karen Briones and Addison Kyle La-ao, residents of Itogon, Benguet. Investigation showed the victims were on board a...
Diversified conglomerate San Miguel Corporation (SMC) was named Forbes Magazine’s annual list of the World’s Best Employers which includes 800 firms from some 57 countries. In a statement, SMC said it is number 174 overall, and is one of just two firms based in the Philippines--along with...
Senator Ramon “Bong” Revilla Jr. has filed a bill strengthening the employment rights for members of the Citizen Armed Forces ,or the Reserve Force of the Armed Forces of the Philippines (AFP). In his Senate Bill (SB) 1556, to be known as the “Reservist Employment Rights Act”, Revilla said...
SMC Infrastructure on Thursday, December 1, 2022, implemented its “Seamless Southern Tollways” program to eliminate multiple toll stops for northbound and southbound motorists. For years, Southern Luzon-bound motorists stop for toll and encounter traffic buildups at the South Luzon...
(Photo from www.rmaward.asia) The Ramon Magsaysay Award Foundation (RMAF) officially presented Asia’s premier prize and highest honor to this year’s four awardees on Wednesday, Nov. 30. During the 64th Ramon Magsaysay awards presentation, RMAF chairperson Aurelio R. Montinola III described the...
The four recipients of Ramon Magsaysay Awards to personally receive their awards at a private event in Manila The 64th Ramon Magsaysay Awards presentation ceremonies once again celebrated the greatness of spirit and transformative leadership across Asia on Nov. 30. The four recipients of Asia’s...
EDITORS DESK Ramon Bonilla As if the Philippines had distanced itself from the outside festivity, making this island nation a shelter from the pandemonium that is driving the rest of the world crazy, the nearly month-long FIFA World Cup could have been the season we’ve been buzzing around, at...
