Restaurants with no outdoor dining spaces would be hit hard again, but those with al-fresco set-up like the “carinderyas” would be less affected by the new restrictions imposed by the government, according to Trade and Industry Secretary Ramon M. Lopez. Under the new regulations approved...
Ramon S. Ang, president and CEO of the Petron Corporation, said the oil firm will continue to incur financial losses this year that would delay its recovery as the rising COVID-19 cases will again cripple demand for petroleum products. Ramon S. Ang, president and CEO of the Petron Corporation...
Commissioner Ramon Fernandez of the Philippine Sports Commission said that skipping the 31st Southeast Asian Games in Vietnam is a possibility due to the rising cases of COVID-19 in the country. Fernandez said he is concerned about the latest development as more Filipinos are getting infected, with...
In this file photo, athletes of the Philippine delegation for the 2019 Southeast Asian Games wave their mini-flags before being crowned as the overall champions. (MB File Photo) The Philippine Sports Commission has approved the lineup for the 2021 Southeast Asian (SEA) Games even as training...
Diversified conglomerate San Miguel Corporation (SMC) has decided not to submit a tender for the 45-percent stake in the multi-billion Malampaya gas field venture that is currently being unloaded by Shell Philippines Exploration B.V. (SPEX), the operator of the facility which is a subsidiary-firm...
San Miguel Corporation (SMC) reported that its packaging unit has developed a packaging solution that will extend the life of carabao’s milk without the need for preservatives. The firm said in a statement that this innovation will improve the local product’s marketability and potentially...
Only less than 5 percent of establishments have remained closed from a peak of 34 percent last year, according to the latest Impact Assessment Survey of the Department of Trade and Industry (DTI). Trade and Industry Secretary Ramon M. Lopez announced this improvement in his message at the...
Influenced by the COVID-19 pandemic, the country’s exports of medical instrumentation jumped 84.3 percent in January, boosting overall electronics exports to slightly grew by 0.3 percent in the first month of the year, the Department of Trade and Industry said. Trade and Industry Secretary Ramon...
The Toll Regulatory Board has denied issuing a directive to close Skyway Stage 3, contradicting an earlier announcement made by the San Miguel Corporation (SMC). (PNA FILE PHOTO) In a statement on Tuesday, March 16, the TRB emphasized that it did not issue a decision or directive ordering the...
Department of Trade and Industry (MANILA BULLETIN) The Philippines has expanded the list of countries covered with the safeguard measure on cement importation with additional 13 countries, including Indonesia, as sourcing of cheap cement may have been diverted to countries previously exempt from...
Toy manufacturers from Hong Kong are considering of investing in the Philippines as they showed strong confidence in the country. This was disclosed by the officers and members of the Toys Manufacturers’ Association of Hong Kong (TMHK) who joined an online information session with the Philippine...
San Miguel Food and Beverage, Inc. reported a 30 percent drop in consolidated profits last year to P22.4 billion from P32.3 billion in 2019 but noted a rebound starting the second half of 2020. SMC president and COO Ramon S. Ang In a statement, SMFB said consolidated revenues were down 10 percent...
