ILOILO CITY – Department of Public Works and Highways (DPWH) Secretary Vince Dizon assured that San Miguel Holdings Corp. (SMHC) will address concerns over the proposed bridge project in Boracay Island, the country’s most popular beach destination. “We are assuring the residents there and the...
Meet the “Magnificent Seven.” After a thorough selection process and extensive deliberations, the Philippine Sports Commission and Philippine Olympic Committee on Monday, April 13, announced the names of seven exemplary athletes who will be enshrined to the Philippine Sports Hall of Fame. In...
San Miguel Holdings Corp. (SMHC), the infrastructure arm of diversified conglomerate San Miguel Corp. (SMC), has been awarded the ₱7.78-billion Boracay Bridge Project by the Department of Public Works and Highways (DPWH). In a March 30 notice of award (NOA) addressed to SMHC Chairman and...
TACLOBAN CITY – The Court of Appeals has dismissed the case against former Palompon, Leyte Mayor Ramon Oñate, seven members of the Sangguniang Bayan, and six others for alleged misappropriation of public funds. The case stemmed from a complaint filed by Ian Jay Arevalo, now deceased, husband of...
The camp of Ramon "Bong" Revilla Jr. has never been more confident that it can prove the former senator 's innocence from alleged involvement in anomalous flood control projects. This, after Revilla’s counsel, lawyer Reody Balisi, observed that the prosecution failed to show any connection...
Maya Innovations Holdings Pte. Ltd., the fintech arm of telecommunications giant PLDT Inc., is maintaining its ambition to pursue a $1 billion initial public offering as early as this year, even as escalating geopolitical tensions in the Middle East threaten to disrupt global capital markets....
MALASIQUI, Pangasinan – The provincial government of Pangasinan has opted for a simple Pista’y Dayat (Festival of the Sea) celebration this year, cancelling most of its activities. Gov. Ramon Guico III, in an interview on Wednesday, said the decision was made due to the rising costs of...
Petron Corp., the only remaining oil refinery in the country, is once again open to a government takeover, potentially through a partnership with the state-run Maharlika Investment Corp. (MIC). The move comes as the Ramon Ang-led company seeks to address volatile fuel costs, though economists...
Billionaire Ramon S. Ang is reviving a proposal to sell Petron Corp. back to the government, framing the move as a way to bolster energy security while the nation grapples with a declared national energy emergency. The offer from the San Miguel Corp. chairman and chief executive officer comes as...
CEBU CITY – Pushing for strengthened collaboration and mutual development, the city governments of Danao and San Juan formally sealed a sisterhood agreement on Friday, March 20. Danao Mayor Ramon “Nito” Durano and San Juan Mayor Francisco Javier Zamora led the ceremonial signing of the...
The Philippine Stock Exchange (PSE) is standing by its ₱170 billion capital-raising target for the year, betting that a de-escalation of Middle East hostilities will allow the recovery in investor sentiment after a volatile start to the year. The local bourse entered the year on a strong...
San Miguel Corp., the Philippines’ largest conglomerate by sales, reported a 52 percent surge in full-year core net income as improved margins and aggressive cost discipline across its diverse portfolio offset a slight dip in consolidated revenue. Core net income reached ₱79.6 billion in 2025,...
