The proposed merger between Metro Pacific Tollways Corporation and SMC Tollways of San Miguel Corporation may be closed as early as July this year with the signing of a definitive agreement. In an interview at the sidelines of the PLDT annual stockholders’ meeting, Metro Pacific Investments...
Diversified conglomerate San Miguel Corporation is targeting at least double-digit growth in revenue and operating income this year as its businesses continue to expand after the pandemic. SMC President and CEO Ramon S. Ang “As you can see in the first quarter results of the San Miguel...
The UK government’s MOBILIST Programme has invested P731 million in Citicore Renewable Energy Corporation (CREC) which is equivalent to 13.77 percent of its P5.3-billion initial public offering (IPO). CREC has successfully completed its IPO and listing on the Philippine Stock Exchange (PSE) on...
PHINMA Corporation subsidiary Philcement Corp. has signed joint venture (JV) agreement with the Floirendo family’s Anflo Group management and investment company ANFLOCOR to build a P2 billion modern cement manufacturing plant in Davao del Norte. “The earlier signing is a testament...
The number of stock market accounts at the Philippine Stock Exchange (PSE) has grown by 11.3 percent to 1.91 million as of the end of 2023 from 1.71 million accounts in 2022. The PSE’s annual Stock Market Investor Profile report showed that the growth was mainly due to new accounts opened through...
Cavite 2nd district Rep. Lani Mercado-Revilla (left, Senator Ramon Bong Revilla, Jr. (Facebook) Cavite 1st district Rep. Jolo Revilla's Facebook greeting to his parents Cavite 2nd district Rep. Lani Mercado-Revilla and Senator Ramon Bong Revilla, Jr....
Businessman Ramon S. Ang fearlessly tackled the issue of high electricity and fuel prices in the country compared to its neighbors during the Philippine Economic Briefing on Monday, May 27. Ang, widely known as RSA, used the panel discussions at the forum, which included Budget Secretary Amenah...
EDITORS DESK One could dream of basking in the Olympic glory and taking home one shining piece of metal that can symbolize a country's successful program. Certainly a goal for many, but only doable for the chosen few. They say standing atop the podium is a once in a lifetime moment, but earning a...
Funds managed by leading global investment firm KKR is investing a yet undisclosed amount in the Del Rosario’s PHINMA Education Holdings Inc., a leading private higher education group and the education arm of PHINMA Corporation. In a disclosure to the Philippine Stock Exchange (PSE), PHINMA said...
TACLOBAN CITY – Palompon, Leyte Mayor Ramon Oñate expressed optimism that investors will increase in their municipality following the declaration of Stable Internal Peace and Security on Friday, May 17. "There is no prosperity if there is no peace," the mayor said during the signing of a...
The Sandiganbayan reset to June 21 the resolution of the demurrer to evidence filed by then Senate president and now Chief Presidential Legal Counsel Juan Ponce Enrile who sought the dismissal of his P172 million plunder case. The resolution of Enrile's demurrer, which had been allowed by the...
Del Rosario-led PHINMA Corporation reported that its consolidated net income inched up 1.3 percent to P490.9 million in the first quarter of 2024 from the P484.56 million earned in the comparative period last year. In a disclosure to the Philippine Stock Exchange, the firm said core consolidated...
