San Miguel Corp. clarified that its proposed ₱7.78 billion Boracay Bridge project has not been abandoned, saying the infrastructure giant will pursue further consultations to address mounting concerns from local stakeholders. The conglomerate issued the statement following social media reports...
The Philippine Stock Exchange (PSE) intends to keep Chairman Jose T. Pardo on its board of directors, no longer as an independent director but as a non-broker director representing other market participants, when it holds its board elections during its annual stockholders’ meeting (ASM) on July...
ILOILO CITY—Uncertainty loomed over the P7.78-billion Boracay bridge project after two conflicting pronouncements were issued. Residents and stakeholders in Malay town and the rest of Aklan province are awaiting if San Miguel Corp. (SMC) will continue with the proposed 2.54-kilometer bridge...
Despite a challenging operating environment, San Miguel Corp. 's hard liquor arm, Ginebra San Miguel Inc. (GSMI), sustained its growth momentum in the first quarter of 2026, with net income rising faster than revenues. First-quarter net income reached ₱2.3 billion, up nine percent from the...
More than 2,400 informal settler families (ISFs) and farm workers, are set to have their homes following the launching of rental housing projects in Victorias City in Negros Occidental, the Department of Human Settlements and Urban Development (DHSUD) said. DHSUD Secretary Jose Ramon Aliling said...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
The Philippine Stock Exchange Inc. (PSE) reported a 49.9 percent surge in first-quarter net income, driven by the burst of trading activity at the start of the year and disciplined cost management. The local bourse said net income rose to ₱381.71 million in January to March 2026 from ₱254.67...
Diversified conglomerate San Miguel Corp. reported a 48 percent decline in first-quarter net income after the absence of a massive one-time gain from the previous year masked an otherwise robust operational performance across its energy and infrastructure portfolios. In a statement, the firm said...
EDITORS DESK There was no hint of weariness when fierce climber Antoine Huby approached the finish line at Camp John Hay in the high afternoon of May 13. Only traces of fortitude, the fire in his eyes, and the legs that moved like a piston — and under his spell the crowd bowed, then roared, and...
RAMON, Isabela – Public outrage erupted on social media following the fatal shooting of a dog by still unidentified riding-in-tandem gunmen on the Isabela-Alfonso Lista Road in Barangay Ambatali here recently. Police Major Jay-ar Olya-on, chief of the Ramon police station, said on Saturday that...
Petron Corp., the Philippines’ only remaining oil refiner, appointed John Paul Ang as its new president on Thursday, a leadership transition for the energy giant as it navigates a sharp decline in quarterly earnings and persistent global market volatility. The younger Ang, the son of billionaire...
San Miguel Food and Beverage Inc. (SMFB), the food and drinks arm of San Miguel Corp., reported a two percent increase in first-quarter net income as growth in its food and spirits units offset a flat performance in its core beer business. Net income rose to ₱11.8 billion in the three months...
