Tag: San Miguel

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Bank of Commerce posts record profit, ROE at 16-year high

Bank of Commerce, an affiliate of San Miguel Corporation, continued its strong post-IPO trajectory in 2025, posting record financial metrics since its 2022 listing. 

Skyway Stage 4 price tag climbs by P10.6B

Skyway Stage 4 just got a lot more expensive—and it’s a reminder that big-ticket infrastructure is no longer immune to today’s cost realities.

NMIA ignites boom in Bulacan, Pampanga

San Miguel Corp.’s New Manila International Airport (NMIA) is fast emerging as a powerful growth engine that could transform Bulacan and Pampanga into the country’s next major investment hotspot.

San Miguel’s Ang nixes political “caretaker” rumor

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.

BankCom Jan-Sep profits up 24% on strong loans, forex gains

Bank of Commerce (BankCom), the lending arm of diversified conglomerate San Miguel Corp., delivered a solid P2.75-billion unaudited net income in the first nine months of 2025, a 24 percent jump from a year ago, powered by robust loan growth, higher net interest margins, and hefty foreign exchange gains.

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Maynilad cuts water rates starting July; Manila Water fees unchanges

Starting July 1, 2026, Maynilad customers will see slightly lower monthly water bills, while rates for Manila Water subscribers will stay the same, according to the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO).

AirAsia risks full grounding unless full payment made by 6 June

The Civil Aviation Authority of the Philippines (CAAP) has set a final deadline of 6 June, 2026, for AirAsia Philippines to clear its unpaid financial dues, warning that failure to comply will result in a full shutdown of its operations.

Aboitiz InfraCapital courts Japanese investor for expansion

Aboitiz InfraCapital (AIC) is looking to deepen ties with Japan’s biggest corporations and financial institutions as it pursues fresh investments and strategic partnerships to fuel the next phase of its infrastructure expansion.

DOE eyes faster permits as EV demand accelerates

The Department of Energy (DOE) is moving to cut red tape for electric vehicle (EV) charging stations, pushing for a joint memorandum circular with key government agencies to dramatically shorten permitting timelines as EV adoption gains momentum nationwide.

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