The Philippine Stock Exchange, Inc. (PSE) has launched two new indices, the PSE MidCap Index and PSE Dividend Yield Index today, Mar. 28, 2022. In a statement, the bourse said “The former was designed to showcase the mid-sized companies while the latter highlights the companies that consistently...
Diversified conglomerate San Miguel Corporation (SMC) said it remained committed to build the P95-billion Pasig River Expressway (PAREX) as a safe, reliable and sustainable infrastructure. In a statement, SMC President and Chief Operating Officer Ramon S. Ang said the 19.37-kilometer road will link...
A shift from a pandemic to an endemic mindset will help mitigate the impact of external shocks, such as the Russia-Ukraine crisis, as well as minimize the long-term scarring effects of Covid-19, three of the government’s economic managers said. In a joint statement on Thursday, March 24, Finance...
SMC President and CEO Ramon S. Ang San Miguel Corporation (SMC), through San Miguel Aerocity Inc.(SMAI), is rolling out more livelihood projects for communities around the site of its New Manila International Airport (NMIA) project in Bulacan. "For close to three years now, we have also been...
The Philippine Stock Exchange (PSE) has approved the P1.38 billion initial public offering (IPO) stock brokerage CTS Global Equity Group, Inc. which will list on the bourse’s Small, Medium, and Emerging Board. In a statement, the PSE said CTS Global will conduct its offering from March 29 to...
Razor Ramon The world of professional wrestling is mourning the loss of WWE Hall of Famer Scott Hall, who died after suffering three heart attacks last March 14. WWE confirmed the passing of the former intercontinental champion and founding member of the famed New World Order stable. Pro wrestling...
Bank of Commerce (BankCom), an affiliate of San Miguel Corp. (SMC), is ramping up investment in technologies to optimize operations and further improve customer experience. In a statement, the BankCom said it has just completed systems upgrade of key services including treasury, trust banking and...
EDITORS DESK Ramon Bonilla The scene of normalcy today is closer to what we have been longing for two years. Much to the delight of sports fans, the big leagues are just around the corner—some with access to live audience and others making the most out of a go signal to hold tournaments but...
San Miguel Corporation reported a 120 percent surge in consolidated net income last year to P48.2 billion, which is at par with pre-pandemic levels. In a disclosure to the Philippine Stock Exchange, the conglomerate said its group-wide revenues rose 30 percent to P941.2 billion, driven by higher...
The Philippine Stock Exchange (PSE) has approved the listing application of Bank of Commerce (BankCom) which is planning to raise up to P4 billion from a planned initial public offering (IPO). The bank is planning to offer up to 280.6 million common shares at an offer price of up to P12.5 per...
Senatorial candidate Herbert “Bistek” Bautista on Thursday reiterated his push for the government to buy back oil firm Petron, saying this would serve as a means to lower oil prices down when these tend to go out of control due to some factors. According to Bautista, he has information that the...
The Philippine Olympic Committee (POC) appointed on Thursday Ramon “Tats” Suzara as head of the POC Broadcast Committee for the 31st Southeast Asian Games that Vietnam is hosting from may 12 to 23. POC President Rep. Abraham “Bambol” Tolentino said Suzara will supervise bidding procedures,...