Life, at times, would bring existential twists. And once you are usurped by Divine prerogatives, you can either be knocked down or you can take that injunction of helping others – so they too may live on and thrive. That became the guiding light for billionaire and San Miguel Corporation...
Trade and Industry Secretary Ramon M. Lopez has warned of irreversible damages to the economy and future of next generation if the country’s high hunger and unemployment levels continue. Lopez said this as he meets today with Metro Manila mayors to explain the Cabinet economic cluster’s...
San Miguel Corporation (SMC) announced that it has distributed over 70,000 “nutribuns” to poor communities as part of its ongoing efforts to provide food aid for Filipinos struggling to cope with the impact of the pandemic. “It’s been almost a year since the pandemic started,...
Although cash lanes continue to operate, cashless electronic toll collection for motorists using both the Skyway and the South Luzon Expressway surged 85 per cent, San Miguel Corporation (SMC) today (February 16, 2021) reported. Better yet, Autosweep RFID toll collection improved traffic throughput...
The Bangko Sentral ng Pilipinas (BSP) reported Monday that gross international reserves (GIR) dipped to $108.799 billion in January from December 2020’s $110.117 billion due to government withdrawals to pay for foreign-denominated loans, and changes in the price of gold. The BSP in a statement...
The Department of Trade and Industry will require motor vehicle dealers to allow outright cash mode of payment as an option amid complaints that buyers are forced to pay on installment basis only where interest rate is usuriously high. DTI Secretary Ramon M. Lopez said at the Senate hearing by the...
By BERNIE CAHILES-MAGKILAT and JEAN FERNANDO The reopening of traditional cinemas is expected to bring back displaced workers and help revive the entertainment industry, which was pegged at P13 billion and employed roughly 300,000 Filipinos before COVID-19 lockdowns and quarantines padlocked...
Amid an apparent take up of the government micro financing facility, Trade and Industry Secretary Ramon M. Lopez has reiterated his call to all micro small and medium (MSMEs) that wish to restart or to strengthen their business operations to avail of the Bayanihan CARES lending fund....
San Miguel Corporation (SMC) is setting the wholesale prices of its pork and chicken products for wet markets at “least cost” to allow distributors and resellers to still make reasonable profits while adhering to government’s 60-day price ceiling in Metro Manila. The company will also...
A committee made up of stakeholders from the Philippine National Federation Inc. (PNVF) will be in charge of the national team selection as the association eyes the Southeast Asian Games gold medal in the coming editions. PNVF President Tats Suzara bared this plan and said the decision will not...
Government should further reopen the domestic economy to prevent job losses resulting from downsizing or closure of a number businesses, the Employers Confederation of the Philippines (ECOP) and the government’s economic managers urged. Trade and Industry Secretary Ramon M. Lopez expressed hopes...
The Philippine National Volleyball Federation Inc. (PNVFI) has prepared a 10-point goal strategy to strengthen the sport in the country. PNVFI President Tats Suzara said the agenda touches issues from the grassroots up to the elite level, including making volleyball the number one family sport...
