With a conclusive decision sounded off to stockholders, Petron Corporation has shifted ground on its earlier plan of shutting down its 180,000 barrels-per-stream-day Limay refinery. Petron President and CEO Ramon S. Ang During the company’s annual stockholders meeting on Tuesday (May 18), Petron...
The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public. The PSE said these executives will be part of a...
San Miguel Corporation (SMC) has committed to spend P1 billion for the cleanup of the Pasig River – touted as the boldest and most recent attempt at reviving the biologically inactive river. In partnership with the Department of Environment and Natural Resources (DENR), SMC said the cleanup...
Monde Nissin Corporation has set the price of its initial public offering at P13.50 per share, substantially lower than its maximum offer price of P17.50. With the lower offering price, the offering size is now at a maximum of P55.89 compared to the P72.45 billion it would have raised at...
EDITORS DESK Ramon Bonilla Filipinos have an unmatched devotion to basketball. But times have changed. No, there isn’t a divide. We love basketball — the physicality, the thrill, the drama. But what this generation is raving for a good few years is the competitive nature of esports and the...
Larong Volleyball sa Pilipinas Inc. (LVPI) President Joey Romasanta reiterated their demand to the International Volleyball Federation (FIVB) to refund the $80,000 the association incurred relative to the conditions set in exchange for their full recognition to the sport’s world governing body a...
DiskarTech Small retail shop owners are the latest beneficiaries of DiskarTech’s new innovative offering. The Rizal Commercial Banking Corporation’s (RCBC) financial inclusion super app has launched a microinsurance product priced at only P35 for sari-sari store owners. With the local economy...
The Philippines will establish the private sector-led National Center for AI Research (N-CAIR), which is critical to our aspiration to be an “AI Center for Excellence” in the region. Trade and Industry Secretary Ramon M. Lopez This was emphasized by Trade and Industry Secretary Ramon M. Lopez...
San Miguel Food and Beverage Inc. bounced back to profitability in the first quarter of 2021 with a 66 percent consolidated net income growth to P9.68 billion from the same period last year. “After a challenging year dominated by the COVID-19 pandemic, SMFB quickly implemented programs to adapt...
The Philippines has expressed solidarity with the people of India as the second wave of coronavirus infections continued to batter the world's second most populous country. President Duterte has already sent a letter of solidarity to Indian Prime Minister Narendra Modi, according to Philippine...
San Miguel Corporation (SMC) said it has ramped up its micro-entrepreneurship program for former residents of Barangay Taliptip in Bulakan, Bulacan. In a statement, the firm said 11 cooperative groups are set to start their own SMC community reseller stores in different areas of the province. SMC...
Diversified conglomerate San Miguel Corporation (SMC) has deployed its own doctors and nurses, on “loan” to local government units (LGUs), to help implement government’s vaccination program. SMC President Ramon S. Ang The firm is lending its vaccination teams to LGUs as it is still waiting...
