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Friday, 21 November 2025, 12:34 pm

    Tag: San Miguel

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    Bank of Commerce appoints veteran banker Abacan to board

    Corporate Bulletins Context.ph Context.ph -
    Bank of Commerce, the country’s 15th largest lender and a member of the San Miguel Group, said its board has elected Antonio Abacan Jr. as an independent director to serve the unfinished term of  Rebecca Maria Ynares, who has resigned.

    San Miguel completes Meralco deal with Landbank after 17 years

    Corporate Context.ph Context.ph -
    San Miguel Corp. (SMC), one of the Philippines’ largest conglomerates, announced that its power unit, San Miguel Global Power Holdings Corp., has finally acquired a long-contested 3.9 percent stake in Manila Electric Co. (Meralco), nearly two decades after first attempting the deal.

    BankCom hikes dividend after record 2024 profit

    Banking & Insurance Context.ph Context.ph -
    Bank of Commerce (BankCom), an affiliate of San Miguel Corp., has approved a 79 percent increase in cash dividends for common shareholders, totaling P631.4 million, following its record P3-billion profit in 2024.

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    Figaro to spin off Angel’s Pizza unit to drive future growth

    Corporate 0
    Figaro Culinary Group Inc. (FCG) is carving out its fast-growing Angel’s Pizza brand into a standalone company as part of a corporate restructuring approved by its board—an overhaul aimed at sharpening operational focus and positioning the chain for expansion.

    San Miguel’s Ang nixes political “caretaker” rumor

    Corporate 0
    San Miguel Corp. chairman and CEO Ramon S. Ang slammed the brakes on fast-spreading rumors that he is being eyed as a political “caretaker” amid intensifying national ructions, calling the chatter pure fiction.

    eCommerce surge powers Walmart’s breakout quarter

    Corporate 0
    Walmart Inc. shares jumped Thursday after the retail giant delivered a standout third quarter, fueled by double-digit global eCommerce growth and steady US demand.

    Maynilad launches new facility, safeguards Laguna Lake

    Corporate 0
    Maynilad Water Services Inc., the country’s largest water concessionaire by customer base, has expanded its wastewater footprint in southern Metro Manila with the inauguration of the 20-million-liter-per-day (MLD) Tunasan Water Reclamation Facility (WRF) in Muntinlupa City, boosting efforts to protect Laguna de Bay and improve sewerage coverage in the West Zone.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    PhilRealty fiinalizes tax-free Bonifacio Global lot transfer

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    Philippine Realty and Holdings Corp., a listed real estate company, has completed a tax-free exchange transaction with its wholly owned subsidiary, Three Corners Realty Corporation (TCRC), formally transferring a prime Bonifacio Global City (BGC) property in exchange for preferred shares.
    Corporate

    Figaro to spin off Angel’s Pizza unit to drive future growth

    0
    Figaro Culinary Group Inc. (FCG) is carving out its fast-growing Angel’s Pizza brand into a standalone company as part of a corporate restructuring approved by its board—an overhaul aimed at sharpening operational focus and positioning the chain for expansion.
    Corporate

    San Miguel’s Ang nixes political “caretaker” rumor

    0
    San Miguel Corp. chairman and CEO Ramon S. Ang slammed the brakes on fast-spreading rumors that he is being eyed as a political “caretaker” amid intensifying national ructions, calling the chatter pure fiction.
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