San Miguel Food and Beverage Inc. (SMFB) has replaced its long-time president, Francisco S. Alejo III, as chief operating officer (COO) with Emmanuel B. Macalalag effective Feb. 5, 2025. In a disclosure to the Philippine stock Exchange (PSE), the firm said Alejo, COO for SMFB’s food business, has...
Del Rosario-led conglomerate PHINMA Corporation is shifting its focus to housing with the launch of two projects this year as it aims to replicate its success in the field of education by helping address the massive backlog in mass housing. During the Financial Executives Institute of the...
Starting Feb. 3, 2025, the country’s first real estate investment trust AREIT Inc. will debut at the Philippine Stock Exchange’s 30-company benchmark index while China Banking Corporation will return to the PSEi after almost 14 years. In a statement, the PSE said the two firms will join the PSE...
Diversified conglomerate San Miguel Corporation (SMC) announced the retirement of its long-time Chief Finance Officer and Treasurer, Ferdinand K. Constantino, effective Feb. 1, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the Ramon S. Ang-led conglomerate said Constantino will be...
Local organizers of the 2025 FIVB World Men’s World Championships are planning a “trophy tour” that would take the championship trophy to various parts of the country ahead of the country's hosting of the tournament on Sept. 12 to 28. Philippine National Volleyball Federation (PNVF) President...
The Philippine National Volleyball Federation (PNVF) is looking at sending the men’s national team to various foreign training camps in the coming months in preparation for its participation in the FIVB Men’s World Championships in September that the country is hosting. PNVF President Ramon...
EDITORS DESK While there’s a lot to be desired for an encore that should put more pressure on the national athletes in the 2028 Los Angeles Olympics, the gains of the 2024 season could have built enough momentum for the Filipino competitors to scale greater heights in the year ahead. Sure, the...
The Embassy of Japan in the Philippines, in partnership with the Japan Volleyball Association, handed over volleyball equipment to the Philippine National Volleyball Federation (PNVF) in a simple turnover ceremony on Thursday, Jan. 9, in Taguig City. From left: National team members Thea Gagate and...
The local financial markets sent mixed signals to investors as the new year began, with the Philippine Stock Exchange index (PSEi) climbing slightly higher while the peso slipped against the US dollar, setting the stage for a potentially volatile 2025. The peso began the year with a slight...
The country's main gateway, Ninoy Aquino International Airport (NAIA), served 50.1 million passengers in 2024, according to its operator, New NAIA Infrastructure Corp. (NNIC). In a statement on Thursday, Jan. 2, the company said the figure was 10.4 percent higher than the 45 million passengers...
Entering the new trading year 2025, stock market investors are faced with a lot of uncertainties as both risks and positive factors mingle to present a hazy picture in analysts’ crystal balls. For Chinabank Capital Corporation Managing Director Juan Paolo Colet, “Next year [2025] presents a...
For the local capital market, 2024 was a year of unmet expectations as global economic and geopolitical tensions took bourses worldwide, including the Philippines, on a roller-coaster ride. The year began with optimism. The Philippine Stock Exchange was projected to end the year at the 7,000 to...
