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JG Summit core profit soars in 2023
Core earnings of conglomerate JG Summit Holdings Inc. soared in 2023 following a significant turnaround in its airline business, with Cebu Pacific returning to full-year profit for the first time since the pandemic......»»
Ayala Corp profit hits record high in 2023
Core profit of conglomerate Ayala Corp. rose by nearly half to reach record high levels in 2023 due to the strong performances of its banking, real estate and power businesses......»»
RLC posts record P12.1 billion profit in 2023
Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
DMCI Holdings posts 20% profit drop in 2023
Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»
MIAA doubles profit in 2023
The Manila International Airport Authority is ending its role as operator on a high note, doubling its profit to P4.02 billion in 2023 and raising dividends to the government by 15 times......»»
Market succumbs to profit-taking anew
The stock market succumbed to another round of profit-taking, slumping for the second straight session......»»
Wider margins, lower loan provisions boost PNB profit
Wider margins and lower provisioning for potential loan losses helped boost the profit of Philippine National Bank by 55 percent to P17.97 billion in 2023......»»
Market tumbles below 6,800 amid profit taking
The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»
Filipinos are Good at Being 'Resilient': Lifting the Philippines out of Poverty with Sam Tamayo s non-profit Project SMILE
Sabrina (Sam) Tamayo founded her non-profit, Project SMILE, in the Philippines in 2018. Her organization helps people of various ages and professions rise out of poverty and follows an inspiring mantra of starting small and building a reliable impact. In this interview she discusses human rights, the UN's Sustainable Development Goals, and various aspects of life in the Philippines......»»
Filipinos are Good at Being 'Resilient': Lifting the Philippines out of Poverty with Sam Tamayo s non-profit Project SMILE
Sabrina (Sam) Tamayo founded her non-profit, Project SMILE, in the Philippines in 2018. Her organization helps people of various ages and professions rise out of poverty and follows an inspiring mantra of starting small and building a reliable impact. In this interview she discusses human rights, the UN's Sustainable Development Goals, and various aspects of life in the Philippines......»»
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”......»»
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......»»
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......»»
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......»»