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Expanded centenarian law set for signing
President Marcos is set to sign the expanded centenarian law tomorrow that would give P10,000 cash aid to the elderly for each age milestone and another P100,000 when they reach 100......»»
23 Makati barangays to receive P10M from real property tax collection
The Makati City government said that 23 of its barangays are slated to receive an extra P10 million each from the city's basic real property tax collection......»»
Ever Bilena faces P9.3 million tax rap
The Bureau of Internal Revenue has filed a criminal complaint against popular cosmetic brand Ever Bilena for nearly P10 million in alleged tax deficiencies......»»
Around P10M in illegal drugs seized in two-day anti-drug ops in Central Visayas
CEBU CITY, Philippines – Close to 150 suspected drug personalities, and illegal drugs worth around P10 million were seized following a two-day anti-drug operation in Central Visayas. Police in the region conducted another round of Simultaneous Anti-Criminality and Law Enforcement Operations (Sacleo) over the weekend, Police Lt. Col. Gerard Ace Pelare, spokesperson of the Police.....»»
Microinsurance premiums up 20 percent
Insurance contributions from low-income Filipinos amounted to P10.2 billion from January to September 2023, up by nearly 20 percent from P8.49 billion in the same period a year ago, according to the Insurance Commission......»»
10 hours travel for ‘Pasko Sa Enero’
It took “Pasko Sa Enero” first-prize winner Luisito Vallo five hours to travel from Calasiao, Pangasinan to Starbucks Molito, Alabang to claim his P10,000 cash and a big bagful of goodies last Sunday morning and another five hours to go back home. But Vallo, a librarian in the municipal government, said the experience was worth the trip......»»
SMC lauds Korean infrastructure partners
San Miguel Corp. president and CEO Ramon Ang has recognized the contribution of Korean companies in advancing the listed conglomerate’s major infrastructure projects......»»
San Miguel to scrap P100-B Pasig River tollway?
SMC said that this is in response to the “prevailing sentiment expressed by the public on the Project”......»»
NAIA takes flight with SMC’s modernization
The very first thing tourists see when they land in the country is the airport. This is why a much-anticipated development of the Ninoy Aquino International Airport now set to undergo privatization and modernization, heralds a promising era poised to propel further economic growth and elevate the Philippines as a premier destination for tourism and investment......»»
The biggest infra company
San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»
MPTC to sell stake in Vietnam firm
Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»
The best is yet to come
With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»
SMC’s F& B unit nets record P38 billion in 2023
The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»
A chat with RSA
Monday, March 4, 2024, San Miguel Corporation chair and CEO Ramon S. Ang had lunch for three hours and half with a group of senior newsmen, bloggers and lawyers, at the sprawling suburban SMC headquarters in Ortigas......»»
Meralco secures 400-MW supply requirement from SMC’s Limay Power
Manila Electric Co. yesterday secured 400 megawatts (MW) for its interim supply requirements following a competitive selection process......»»
A glance at government s windfall from SMC’s NAIA takeover
The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»
SMC’s P1.03-trillion gift
Sept. 15, 2024 will be a watershed date for millions of Filipino travelers, for Philippine tourism and indeed for the country’s economy in general......»»
Contract awarded to rehabilitate Philippines main airport
MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»
Contract awarded to rehabilitate Philippines main airport
MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»
SMC to manage NAIA
Today, the administration of President Ferdinand R. Marcos Jr. will award the management for 15 years of the decrepit main Philippine gateway, the Ninoy Aquino International Airport, to the winner of the bidding conducted last December by the Department of Transportation and Communications under Secretary Jaime Bautista......»»