Tag: San Miguel

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Gabby Lopez sells Lopez Inc. stake to Ramon Ang

Corporate Context.ph Context.ph -
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 targets P30-billion preferred share sale

Corporate Context.ph Context.ph -
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.

BankCom posts strong 13% profit growth

Banking & Insurance Context.ph Context.ph -
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. 

EJAP members sharpen skills amid content creation boom

Corporate Bulletins Context.ph Context.ph -
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.

Museo del Galeon: The voyage begins May 1

Travel & Tourism Context.ph Context.ph -
The galleon is sailing again, at least in spirit, and this time it is anchored in Manila as a story of heritage,  high ambition and history finally opens its doors to the public.
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Middle East conflicts force another weekly spike in local fuel prices

Energy & Mining 0
Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.

Agri damage from habagat, 3 storms hits ₱1.79B

Agriculture 0
Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.

Batang Gilas runs out of gas, settles for eighth

Sports & Entertainment 0
Batang Gilas Pilipinas started with a spark but finished with the wrong kind of déjà vu.

DA escalates nationwide crackdown on counterfeit farm inputs to protect farmers, safeguard food security

Agriculture 0
The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.

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