To prop the country’s need for more flexible power capacity, the energy investment arm of San Miguel Corporation (SMC) will be building 2,550 megawatts of power facilities that will be utilizing imported liquefied natural gas (LNG) and...
Trade and Industry Secretary Ramon M. Lopez has pushed for more investments and innovation in agriculture in Mindanao stressing this is the best way to ensure growth for this industry and maximize its huge potential to help in the country’s economic recovery. Trade and Industry Secretary Ramon...
Diversified conglomerate San Miguel Corporation (SMC) has successfully raised P20.0 billion from its issuance of Series 2-J preferred shares which have been listed at the Philippine Stock Exchange. A total of 266.67 million Series 2-J preferred shares were sold to the retail, institutional and...
The medical devices market manufacturing industry in the country is expected to expand up to $744.7 million, according to Trade and Industry Secretary Ramon M. Lopez. In a speech at the virtual “Make it Happen Philippines Campaign” soft launch, Lopez highlighted the prospects for this growing...
The P10-billion Northbound section of San Miguel Corporation (SMC)'s Skyway Extension is now 70 per cent done and on-schedule to be finished by year-end, president and chief operating officer Ramon S. Ang announced yesterday. The project, which SMC fully funded, will extend the Skyway...
Leading oil industry player Petron Corporation has laid down the inevitable – that it will be compelled to close shop on its 180,000 barrels per stream day Limay refining facility in Bataan, if no legislative remedies or measures will be passed to level the playing field of taxation in the...
Google Philippines has introduced initiatives to support the country’s safe economic recovery through: MSME Caravan, free listings on Google Shopping tab, and Google Maps for local tourism. In partnership with the Department of Trade and Industry, MSME Caravan aims to train micro, small, and...
San Miguel Corporation (SMC) is planning to buy bigger volumes of plastic wastes to fuel its cement manufacturing facilities as it ramps up efforts to help manage the country's solid wastes and create more livelihood opportunities during the pandemic. San Miguel Corporation (SMC) president and...
The Department of Trade and Industry has relaxed effective today, Thursday, the control measures in the operation of malls and commercial centers but with strict compliance to the health and safety protocols. DTI Secretary Ramon M. Lopez issued Memorandum Order C No. 20-55 on Easing of Control...
Trade and Industry Secretary Ramon M. Lopez has proposed to share P4 billion out of the P10 billion allocation from the Bayanihan 2 as soft loans to micro, small and medium enterprises (MSMEs) to pay for the 13th month pay of their workers. This was revealed by Department of Labor and Employment...
The Department of Trade and Industry (DTI) will reimpose the mandatory certification of locally manufactured and imported plywood citing unfair competition from imported substandard plywood that threatens not only public safety, but also the local wood manufacturing industry. Trade and Industry...
San Miguel Corporation (SMC) soft-opens its new, 18-km, P70 Billion Skyway 3 this December and motorists can use the entire span for free for the entire month, President and Chief Operating Officer, Ramon S. Ang announced yesterday. San Miguel Corporation (SMC) president and chief operating...
