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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ERC vows action on billing complaints amid growing consumer outcry

The Energy Regulatory Commission (ERC) said it is working to better address public worries over electricity costs and concerns about inaccurate monthly bills, amid widespread complaints from consumers.

American marine biologist killed in Negros Oriental

American marine biologist Kent Edward Carpenter was shot dead during a robbery at his home in Sibulan, Negros Oriental, police said. Three masked men allegedly broke into the 73-year-old's residence late Sunday, with one suspect fatally shooting Carpenter while the others assaulted his Filipina companion and stole valuables. No arrests have been made. Authorities have formed a special investigation task group and are pursuing robbery, professional and personal motives. Carpenter was a renowned marine biologist and an expert witness in the Philippines' South China Sea arbitration case. This is the 10th anniversary of the WPS ruling. (Marjohara Tucay)

Philippines powers ahead as AI adoption accelerates

The Philippines is quickly carving out a place as one of Southeast Asia's most enthusiastic adopters of artificial intelligence, with Filipinos increasingly using Google's Gemini for work, creativity and customer service rather than just casual online queries.

200 MW Laguna wind project prepares for review

The Department of Environment and Natural Resources’ Environmental Management Bureau has scheduled public scoping sessions for the 200 megawatt wind farm spanning across the Laguna municipalities of Kalayaan, Lumban, Paete, and Cavinti.

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