Local stocks dropped as investors preferred to hold on to cash during the weekend. The main index lost 45.15 points or 0.69 percent to close at 6,494.81 with the Property sector leading the retreat while the Mining and Oil counter advancing the most. Volume remained low with 6.77 billion shares...
The San Miguel Corporation Board of Directors has approved the amendment of the firm’s by-laws to formally transfer the position of Chief Executive Officer from the Chairman to the President. The move formally makes SMC President Ramon S. Ang the official CEO after holding the title of Chief...
Filipino-owned United Laboratories (Unilab), the leading pharmaceutical company in Southeast Asia, has been confirmed to do local vaccine manufacturing in the country starting with the COVID-19 with plans to also export to other ASEAN countries, according to Trade and Industry Secretary Ramon M....
The Philippine economy lost an estimated P180 billion in just the recent two-week enhanced community quarantine (ECQ) in the National Capital Region and nearby provinces, according to Trade and Industry Secretary Ramon M. Lopez. Lopez said that based on estimates, the two-week strict lockdown...
San Miguel Corporation (SMC) Sunday (April 11) opened two of three lanes of the Skyway Extension project's northbound section , with no toll fees until further notice. The northbound section covers four kilometers from Susana Heights to Sucat in Paranaque and can be used by Class 1 vehicles with...
Team Philippines Chef de Mission to the Vietnam Southeast Asian Games Ramon Fernandez will be the special solo guest Tuesday in the online edition of the Philippine Sportswriters Association (PSA) Forum. Fernandez, a commissioner of the Philippine Sports Commission, is going to talk about the...
Economic activities listed under the 2020 Investment Priorities Plan (IPP) will serve as the initial projects that will qualify for incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act (CREATE) Law, Trade and Industry Secretary Ramon M. Lopez said. Lopez said that...
Positive vibes from my eldest son Ramon Amado, Junie, who now resides in Vancouver. He shared with me a brief report on the progress of my eldest grandson, his first boy, Ramon lll, now 21, whose favorite sport is swimming. Bear with me, dear readers! You see, Monchu, as we all call him, was...
Max’s Group, Inc., the country’s largest casual dining restaurant group suffered a net loss of P1.68 billion last year from a net income of P724.23 million in 2019 due to the pandemic and a one time loss. In a disclosure to the Philippine Stock Exchange, the firm said the 2020 loss includes...
Trade and Industry Secretary Ramon M. Lopez said the loan take up of micro enterprises at the SB Corp., the micro financing arm of the government, has started to pick up. According to Lopez, the loan take up has already improved from about 200 applications a week only at the start to...
San Miguel Corporation (SMC) subsidiary San Miguel Yamamura Packaging Corp. (SMYPC) is planning to train underprivileged youth for technical jobs. The firm said this will provide the youth with access to economic opportunities and help improve overall competencies in the country's manufacturing...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) As the Philippine economy continues to tread the path towards post-pandemic recovery, keeping Micro, Small, and Medium Enterprises (MSMEs) relevant remains a challenge for us at the Department of Trade and...
