ABS-CBN Films ramped up its digital pivot with a series of online shows that have already racked up close to 30 million views as cinemas remained closed while the country is on General Community Quarantine due to the pandemic. In a statement, parent firm ABS-CBN Corporation said the shows are...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is scheduling the sale of five more real estate assets via an auction on September 30 this year. The properties due for divestments are located in...
The Securities and Exchange Commission (SEC) has approved the shelf registration of SM Investments Corporation’s P30 billion worth of fixed-rate bonds. The Commission En Banc resolved to render effective the registration statement of SMIC for debt...
The Filinvest group sees the need for government stimulus, continued private sector investments, and renewed consumer confidence to jumpstart the economy that has been derailed by the pandemic. Filinvest Development Corporation President and CEO Josephine Gotianun Yap (Photo credit:...
San Miguel Corporation (SMC) has launched a quarterly blood and convalescent plasma donation drive across its facilities nationwide in response to the urgent need to replenish blood supply at the Philippine Red Cross and contribute to the treatment of COVID-19 patients. SMC, which is marking its...
The PBA Board of Governors has chosen Clark, Pampanga as host of the possible resumption of games under a bubble concept. (PBA Images) The PBA Board of Governors on Thursday selected Clark, Pampanga as host of the planned resumption of the 45th season on Oct. 9 under a bubble concept. Clark got the...
Aboitiz Power Corporation is now ahead of the race, having cemented itself as the top power generator in the country with total national installed capacity of 4,973.435 megawatts, according to a report by the Department of Energy. The Aboitiz firm eclipsed SMC Global Power Corporation of the San...
San Miguel Foods, Inc. has further expanded the reach of Magnolia’s chain of chicken rotisseries with the opening its 87th store in Bagong Barrio, Caloocan, and boosting delivery network to serve more customers amid the supply glut caused by the pandemic. Just 18 months in operation, the chain of...
Diversified conglomerate San Miguel Corporation (SMC) has provided life insurance coverage for about 5,000 medical front liners from 18 hospitals across Cebu, insuring them for P2 million each. SMC president and chief operating officer Ramon S. Ang “We started this initiative several months...
Alsons Consolidated Resources Inc. (ACR) of the Alcantara group has listed its P1.0 billion commercial papers issuance with the Philippine Dealing and Exchange Corporation (PDEx), according to the company’s disclosure with the Philippine Stock Exchange. The P1.0 billion issue forms the second...
AllHome Corporation reported growth in sales of appliances and furniture during the second quarter as people spent more for their houses while locked down during the quarantine period. Despite the ill effects of the COVID-19 pandemic on shopper spending, AllHome said it capitalized on the silver...
Billionaire Ramon S. Ang, President and Chief Operating Officer San Miguel Corporation (SMC) is looking to build a state-of-the-art hospital that will focus on research on infectious diseases. SMC president and COO Ramon S. Ang To be built on a 3-5 hectare property in the southern part of Luzon,...