Tag: San Miguel

San Miguel Corp. is strengthening support for micro, small, and medium enterprises through a partnership with the ASEAN Business Advisory Council Philippines aimed at expanding business linkages, supply-chain opportunities, and access to regional markets.

Eugenio “Gabby” Lopez III on Monday said his family branch sold its 25.7-percent stake in Lopez, Inc. to businessman Ramon S. Ang, reshaping the ownership of one of the Philippines’ best-known family business groups while potentially drawing a line under a long-running family dispute.

San Miguel Corp. seeks to raise up to P30 billion through a new preferred share offering as the conglomerate moves to refinance debt and support its ambitious infrastructure expansion program.

Bank of Commerce (BankCom), the banking affiliate of diversified San Miguel Corp., sustained its earnings momentum through the first quarter, reporting an unaudited net income of P976.19 million, up 13 percent from P866.79 million a year earlier. 

The Economic Journalists Association of the Philippines (EJAP) and San Miguel Corp. have renewed their decades-long partnership, continuing a legacy of keeping business reporters at the forefront of industry knowledge.