The Philippine delegation is targeting to attract over 1,300 buyers and generate a modest $31 million worth export deals at the upcoming China International Import Expo (CIIE), significantly lower than the $300 million the Philippines realized during last year’s China International...
The power investment unit of San Miguel Corporation (SMC) considerably bucked the odds of electricity demand slump and economic contraction this year, as its three-quarter income climbed by 27-percent to P14.48 billion versus last year’s P11.385 billion in the same period. SMC Global Power...
Screenshot from ONE Championship / YouTube Indonesian wrestler Eko Roni Saputra displayed grappling mastery in the Circle Friday night, submitting Filipino karateka Ramon Gonzales in the first round of their flyweight mixed martial arts bout in ONE: Inside the Matrix II at the Singapore Indoor...
Diversified conglomerate San Miguel Corporation (SMC) posted a net income of P15 billion for the third quarter of 2020, a full turnaround from the P4.0 billion loss incurred in the first half following the easing of restrictions starting July. Consolidated revenues and operating...
Photo from ONE Championship Another Filipino fighter is set to make a comeback after a long hiatus in the ONE Circle. Three-time Kyokushin karate champion Ramon Gonzales will be facing Indonesian wrestler Eko Roni Saputra in ONE: Inside the Matrix II at the Singapore Indoor Stadium. “I make sure...
San Miguel Food and Beverage, Inc.( SMFB) reported a 37 percent drop in consolidated net income to P14.36 billion in the first nine months of 2020 from P22.92 billion in the same period last year. In a statement, the firm said its third quarter numbers dramatically improved from the first two...
President Rodrigo Roa Duterte talks to the people after holding a meeting with the Inter-Agency Task Force on the Emerging Infectious Diseases (IATF-EID) core members at the Matina Enclaves in Davao City on October 26, 2020. ARMAN BAYLON/PRESIDENTIAL PHOTO...
Trade and Industry (DTI) Secretary Ramon M. Lopez said the decline in the country’s Purchasing Managers’ Index (PMI) or factory output in October as “marginal” saying the economy is just on a temporary pause. “The slight decline in the Philippine manufacturing PMI merely reflects a pause...
Diversifying conglomerate San Miguel Corporation indicated that it is still weighing in if it will pursue its intent to join the bidding for the 45-percent stake of Shell Philippines Exploration B.V. (SPEX) in the multi-billion Malampaya deep-water-gas to power project. SMC President and COO Ramon...
From mammoth losses incurred in the first semester, leading oil firm Petron Corporation bounced back with P1.63 billion net income in the third quarter of this year and that was propelled mainly by stronger performance on the retail segment of its business. The oil firm classified that it was still...
Government policymakers are being urged to save Petron refinery from its shutdown plan, because it is the only remaining strategic asset that could ensure the country’s energy security goals. Photo credit: https://www.petron.com/ Senate Committee on Energy Chairman Sherwin T. Gatchalian advanced...
San Miguel Corporation (SMC) is mobilizing its resources to quickly deliver much-needed food relief to the Bicol region and other provinces hit by super typhoon Rolly. SMC president and chief operating officer Ramon S. Ang SMC president and chief operating officer Ramon S. Ang said that the company...
