Two of the country’s top businessmen and sports patrons stand side by side in the coming San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Annual Awards Night. San Miguel CEO and President Ramon S. Ang along with First Pacific Company Chairman and CEO Manny V. Pangilinan...
The Philippine Stock Exchange (PSE) expects to raise P175 billion worth of capital in 2024 amid a more upbeat equities market with six companies seen to launch their initial public offerings (IPO) this year compared to just three in 2023. “Our capital raising forecast is P175 billion, around P40...
Investors in the local stock market have reason to be guardedly optimistic about 2024 following a lackluster trading in 2023. “The expected improvement in macroeconomic indicators are poised to drive market conditions in 2024,” said Philippine Stock Exchange (PSE) President and CEO Ramon S....
The Philippine Stock Exchange index (PSEi) dropped 1.8 percent to 6,450.04 at the end of 2023 from its closing figure on the last trading day of 2022. The bourse said its daily average value turnover was at P6.09 billion in 2023, down by 16.5 percent from 2022’s P7.30 billion average. (L-R): PSE...
Diversified conglomerate San Miguel Corporation (SMC) is advancing into the phased development of a solar farm that will strategically position the cavernous New Manila International Airport (NMIA) in Bulacan as a carbon-neutral infrastructure – with the kick-off installation targeted to provide...
EDITORS DESK There is an abundance of reasons why this year is a banner season for Philippine sports. While Hidilyn Diaz's conquest of the Tokyo Games in 2021 serves as a gem in all of the tales that encapsulated the country's long and painful struggle for Olympic greatness, 2023 was nothing short...
Maya, the leading digital bank app in the Philippines, has launched Maya Stocks, the first retail investing service in the Philippines integrated in a digital bank app. In a statement, Maya said the app offers real-time transactions and instant earnings growth through its diverse wealth-building...
Diversified conglomerate San Miguel Corporation has invested over P3.05 billion since 2013 to build or help provide new homes for families impacted by natural disasters, and various development projects. In a statement, the firm said that, in the aftermath of typhoons Sendong and Yolanda, it has...
Forbes Asia has released its 2023 list of Heroes of Philanthropy which spotlights 15 philanthropists, including San Miguel Corporation Chief Executive Ramon S. Ang, who have in the past year shown commitment and donated generously to causes close to their hearts. Ang is the only Filipino...
Diversified conglomerate San Miguel Corporation (SMC) has raised P34 billion from the sale of firm offer preferred shares and over-subscription option shares during its follow-on offering (FOO). The Philippine Stock Exchange said SMC formally listed its Series 2-L, 2-N and 2-O preferred shares...
Diversified conglomerate San Miguel Corporation (SMC) climbed 131 spots and surged to number 43 on the annual World’s Best Employers list by Forbes Magazine and research firm Statista. In a statement, SMC said it emerged as the runaway leader among the few Filipino firms that made it to the...
Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system. In a statement, SMC said the connection will be made via the upcoming South East Metro Manila...
