Robinsons Land Corporation (RLC) continues to be at the forefront of sustainable development by demonstrating how engaging in sustainable activities can benefit, not only the environment, but the developers and communities they serve. Receiving the notable Best Sustainable Developer-Highly...
The Ninoy Aquino International Airport (NAIA), notorious for its congestion and delays, is about to get a much-needed facelift. The San Miguel Corp. (SMC) consortium has pledged to revamp the airport and improve the travel experience for millions of passengers. Starting Sept. 14, the SMC-led New...
Five outstanding recipients from Bhutan, Japan, Thailand, Vietnam, and Indonesia were announced as the 2024 Ramon Magsaysay Awardees on Saturday, Aug. 31. The 2024 Ramon Magsaysay Awardees (Courtesy of RMAF) In a global announcement, the Board of Trustees of the Ramon Magsaysay Award Foundation...
Petron Corporation, the San Miguel group’s oil and gas subsidiary, has set the initial dividend rate for the P17 billion worth of preferred shares that will be issued after a follow-on offering. In a disclosure to the Philippine Stock Exchange, the firm said the initial dividend rate is 6.8364...
The Philippine Stock Exchange has approved Petron Corporation’s P17 billion follow-on offering of preferred shares which will kick off next week, on September 5, 2024. In a disclosure to the Philippine Stock Exchange, the San Miguel group’s oil and gas subsidiary said it is offering oup to 17...
The Philippine Stock Exchange, Inc. (PSE) announced that it has entered into a Memorandum of Understanding (MOU) with Taiwan Stock Exchange (TWSE) that will formalize and strengthen the relationship between the two bourses. TWSE Chairman Sherman Lin and PSE President and CEO Ramon S. Monzon...
Diversified conglomerate San Miguel Corporation is planning to invest up to P5 billion to construct a new off-ramp from the NAIA Expressway (NAIAX) to NAIA Terminal 3 to decongest heavy traffic in the area. In an interview with reporters, SMC Chairman and CEO Ramon S. Ang said the cost will range...
San Miguel Foods, a unit of diversified conglomerate San Miguel Corporation, reported that its long-running regenerative agriculture program has yielded over 90,000 metric tons of cassava in the first half of the year, 44 percent higher than in the same period of 2023. In a statement, the firm said...
The Philippine Stock Exchange, Inc. (PSE) is looking forward to seven public stock offerings worth a total of P48.36 billion that will be launched in September and in the last quarter this year. “In terms of listing, our fund raising pipeline at this time includes five FOOs (follow-on...
EDITORS DESK The stars descended on Manila from a Paris conquest that is one for the books. Carlos Yulo was the highlight of the parade that froze the streets and made it a rolling celebration for athletic excellence, exuding the aura of victory that stole the eyes of bystanders and even those who...
Diversified conglomerate San Miguel Corporation (SMC) reported a 66 percent surge in net income to P33.5 billion although this excludes unrealized foreign exchange effects. In a disclosure to the Philippine Stock Exchange, the firm said this robust growth demonstrates its financial health and...
San Miguel Food and Beverage Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported that its net income improved by six percent to P20 billion in the first half of 2024, driven by continued business growth. In a disclosure to the Philippine Stock Exchange...