CEBU CITY – The city of Danao, headed by Mayor Ramon “Nito” Durano III, received four prestigious awards from a non-profit organization that promotes best practices in government accounting, budgeting, and financial reporting. The Government Financial Management Innovators Circle (GFMIC) Inc....
Securities and Exchange Commission (SEC) Chairman Francis E. Lim expressed regret over his claim that the local stock market lost ₱1.7 trillion in market capitalization due to the corruption scandal, which turned out to be fictitious. “The information, which had been circulating within business...
While we 're all busy following the developing stories about the deep-seated corruption in the bureaucracy—both appointed and elected—that has triggered a series of protests, the largest of which is scheduled for this Sunday, San Miguel Corp.-owned New NAIA Infra Corp. (NNIC) quietly...
The Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) are working together to encourage even small companies to go public, as large, family-owned conglomerates are no longer too keen to list their shares as part of estate-planning because inheritance tax has recently...
The Phiippine Stock Exchange and Bloomberg have partnered to launch a series of joint investor outreach activities inside and outside of the country with the aim of broadening the global investor community’s understanding of the Philippine capital markets. As part of the new joint effort, both...
For many young Filipinos, life today feels like an uphill climb—where poverty, limited opportunities, and the burden of violence or fractured families leave countless disheartened and searching for direction. To this generation, Fr. Flaviano Antonio L. Villanueva, recipient of the 2025 Ramon...
Cardinal Pablo Virgilio David lauded Fr. Flaviano “Flavie” Villanueva for being named one of the 2025 Ramon Magsaysay Awardees, calling him “a fitting servant-leader to inspire Asia and the world.” In a statement on Sunday, Aug. 31, Cardinal David congratulated and highlighted the...
The Philippine Stock Exchange (PSE) is expected to face difficulty in achieving its capital-raising target of ₱186 billion this year, as big-ticket initial public offerings are being postponed. This comes after Hann Holdings announced the deferment of its ₱13 billion initial public offering due...
The Ramon Magsaysay Award Foundation (RMAF) will announce the 2025 Ramon Magsaysay Awardees—the region’s most prestigious honor celebrating transformative leadership and service—on August 31 through a global broadcast. The announcement coincides with the 118th birth anniversary of President...
Five of the country’s most influential business groups commended the initiative of tycoon Ramon Ang to address flooding in Metro Manila at no cost to the government or the public. In a joint statement, the Philippine Chamber of Commerce and Industry (PCCI) and its affiliate organizations, the...
Diversified conglomerate San Miguel Corp. (SMC) reported that its net income surged fivefold to ₱66.8 billion in the first six months of 2025 from ₱13.6 million in the same period last year, mainly due to one-time gains and the strength of its food, beverages, power, and infrastructure...
Ramon S. Ang-led San Miguel Global Power Corp. (SMGP) is seeking to expand its gas turbine power project in Zamboanga City. According to a notice from the Department of Environment and Natural Resources (DENR), Malita Power, Inc. (MPI), an SMGP subsidiary, has proposed to double its plant’s...
