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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ECOP urges regions to resist copying NCR wage hike

The Employers Confederation of the Philippines (ECOP) has cautioned regional wage boards against automatically following Metro Manila's latest minimum wage increase, arguing that wage adjustments should reflect local economic realities rather than establish a nationwide template.

Gov’t appeals SC ruling barring mandatory vessel tracking system 

The Department of Agriculture and the Bureau of Fisheries and Aquatic Resources are taking steps to save a key tool used against illegal fishing after a recent Supreme Court ruling. The high court recently declared Fisheries Administrative Order No. 266 unconstitutional, effectively striking down the requirement for commercial fishing vessels to install tracking devices and submit electronic catch reports.

Fuel prices roll back this week as PH supply improves

The Department of Energy (DOE) confirmed an across-the-board fuel price rollback starting August 3, ending five consecutive weeks of increases.

VinFast expands battery swapping to drive Philippine EV adoption

Vietnamese electric vehicle maker VinFast is accelerating its push into the Philippine market by rolling out 21 motorcycle showrooms alongside a nationwide battery-swapping network, betting that convenience, rather than vehicle technology alone, will determine how quickly Filipinos embrace electric two-wheelers.

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