The Philippine Stock Exchange (PSE) reported that its net income rose 43.7 percent to P541.53 million in the first three quarters of 2021 from P376.84 million in the same period last year on higher operating revenues. In a disclosure, the bourse said its listing-related fees, trading-related fees...
After the lockdown cut off farmers’ access to markets, San Miguel rolled out programs to preserve harvests, increase farm incomes, and create sustainable opportunities in food production When Luzon was placed under enhanced community quarantine in mid-March 2020, among the first voices heard from...
A newly discovered species of beetles has been named after former Ateneo De Manila University (ADMU) president and Jesuit priest Fr. Jose Ramon T. Villarin, S.J. , the university said Thursday, Nov. 11. The newly discovered beetles, Byrrhinus negrosensis (left) and Byrrhinus villarini (right)....
House Assistant Majority Leader and Cebu Representative Eduardo Gullas on Friday rejected the offer of San Miguel Corporation chief executive Ramon Ang to sell Petron Corp. back to the government through a five-year installment payment scheme. "Thanks, but no thanks. Business tycoon Ramon Ang can...
Diversified conglomerate San Miguel Corporation (SMC) more than tripled its consolidated net income to P34.2 billion in the first nine months of 2021 compared to the P10.7 billion earned in the same period last year. 45332 In a statement, the firm said higher profits came as SMC continued its...
San Miguel Food and Beverage, Inc. (SMFB) reported a 68 percent jump in consolidated net income to P24.2 billion in the first nine months of the year “following solid strategic pivots that allowed it to address the challenges of the COVID-19 pandemic on its businesses.” In a disclosure to the...
Synergy Grid and Development Philippines, Inc. (SGP) successfully listed the shares from its P13.8 billion follow-on offering (FOO) on the Philippine Stock Exchange (PSE). The stock closed 5 percent higher at P12.60 per share from its FOO price of P12.00 apiece. SGP offered 1.05 billion common...
Taking a hint from San Miguel Corporation president and chief executive officer Ramon S. Ang, senior members of the Lower House want to launcg an inquiry into reported massive smuggling of fuel into the country. Appearing before the House Committee on Ways and Means on Monday, Ang noted that...
San Miguel Chief Executive Officer Ramon S. Ang on Monday, Nov. 8 said he is willing to sell back to government the Petron Corporation on easy terms that include a five-year installment payment. Ramon S. Ang Ang made the offer during the briefing on legislative measures proposing the suspension of...
AllDay Marts Inc. marked a successful debut at the Philippine Stock Exchange (PSE) with its share rising 50 percent to P0.90 apiece and hitting the ceiling of the trading band immediately upon listing. The firm raised P4.5 billion from its oversubscribed initial public offering (IPO) of 6.86...
San Miguel Corp. president Ramon S. Ang (second from right) poses with boxers Eumir Marcial, Nesthy Petecio and Carlo Paalam San Miguel Corp. president Ramon S. Ang personally handed financial incentives to boxers Nesthy Petecio, Carlo Paalam and Eumir Marcial for winning silver and bronze medals...
Microtel by Wyndham, an international chain of limited service hotels with properties in strategic locations nationwide, has vaccinated 100 percent of its workforce in a bid to protect its employees and guests from the threat of COVID-19. This is according to Jose Mari del Rosario, President and...
