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Power reserve market starts full commercial operations

The Independent Electricity Market Operator of the Philippines commenced yesterday the full commercial operations of the reserve market, a development seen as a significant step forward for the energy sector......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Dorog takes full-time time coaching role with Farm Fresh

Justine Dorog is transitioning to coaching “full-time,” the volleyball player said, as she was named as the Farm Fresh Foxies’ assistant coach......»»

Category: sportsSource:  philstarRelated NewsJan 24th, 2024

Kiara Dario to play Gigi as Miss Saigon announces full Manila cast

The full cast of the upcoming Manila run of "Miss Saigon" has been announced, headlined by Filipino-Australians Abigail Adriano and Seann Miley Moore......»»

Category: entertainmentSource:  philstarRelated NewsJan 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

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”......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

SMC scraps plans to build P100 billion Pasig River tollway

Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

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)......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsFeb 18th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

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