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SMC’s killer bid for NAIA

His rivals in the airport bidding race should have known that tycoon Ramon S. Ang or RSA would go in for the kill. He isn’t afraid to make big bets, especially when it makes sense for San Miguel Corp., the diversified conglomerate that he leads......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

SMC leads race in NAIA bidding

Diversified conglomerate San Miguel Corp. is leading the race for the contract to operate and maintain the Ninoy Aquino International Airport, as it is willing to give the government the highest revenue share......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

SMC OK to add MPTC Indonesia in joint venture

Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

SMC starts works on Pangasinan tollway

Food-to-infrastructure conglomerate San Miguel Corp. (SMC) has started the civil works for the Pangasinan Link Expressway (PLEX), laying the bedrock for a P34-billion project that would improve travel and tourism in Northern Luzon......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Green groups to SMC: Stop gas projects after PAREX scrapped

Facing concerns over potential environmental damage and impact on heritage sites and communities, SMC CEO and President Ramon Ang said on Monday that the conglomerate is abandoning plans for the toll road project......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

SMC to start Bulacan airport development in 2025

Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

BDO readies SMC financial war chest for NAIA

The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

SMC launches PHL’s first complete biodiversity offset Site in Bulacan

San Miguel Aerocity, Inc. (SMAI), a subsidiary of San Miguel Corporation (SMC), has inaugurated its Saribuhay sa Dampalit project in Barangay Pamarawan, Malolos, Bulacan. This pioneering initiative marks the launch of the Philippines’ first Biodiversity Offset Program (BOP)  — part of the company’s nature-based solutions to building its New Manila International Airport project (NMAI) in ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsFeb 25th, 2024

Germany spending billions to replace nuclear power

The EU's largest economy is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earl.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

Garcia: Comelec eyes to appeal SC s abuse of discretion ruling

On Wednesday, the Supreme Court said that Comelec committed grave abuse of discretion after it disqualified election service provider Smartmatic for the 2025 automated election system bid......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Comelec: 2 tech firms ineligible to supply internet voting

The Commission on Elections is set to hold another public bidding for internet voting as the only two bidders were both declared ineligible......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

SRPC assures continuous supply to power, irrigation amid El Niño

SRPC assures continuous supply to power, irrigation amid El Niño.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Visayan Electric invites businesses to enroll in ILP amid thin power supply

Visayan Electric invites businesses to enroll in ILP amid thin power supply.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

Meralco, DOE urge firms to join ILP to ensure power supply sufficiency

The Manila Electric Company (Meralco) and the Department of Energy (DOE) called on companies to participate in the government's Interruptible Load Program (ILP) to help maintain adequate power supply during the warm and dry season......»»

Category: financeSource:  philstarRelated NewsApr 23rd, 2024

Davao Light assured ample power supply despite El Niño

A REPRESENTATIVES from the Davao Light and Power Co., Inc. (Davao Light) said there is enough power supply despite the threat of the El Niño phenomenon......»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

SFELAPCO assures consumers adequate power supply

SFELAPCO assures consumers adequate power supply.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Rappler unpacks SC ruling on Estrada plunder, bribery case

CHEERS TO Rappler for an explainer that dissected the case of Senator Jinggoy Estrada and thoroughly discussed the ruling of Sandiganbayan.On January 19, the Sandiganbayan released a 396-page decision acquitting Estrada of plunder but convi.....»»

Category: sportsSource:  abscbnRelated NewsFeb 9th, 2024

Jinggoy sees no political color in Sandiganbayan ruling

Sen. Jinggoy Estrada does not see any political color in the Sandiganbayan Fifth Division’s ruling that found him guilty of one count of direct bribery and two counts of indirect bribery over his alleged involvement in the pork barrel scam......»»

Category: newsSource:  philstarRelated NewsJan 23rd, 2024