Tag: San Miguel

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SMC advances AI tollways, NAIA upgrades as adoption lags

San Miguel Corp. (SMC) is expanding artificial intelligence (AI) and digital technologies across its infrastructure businesses, but regulatory requirements, low user adoption and fragmented data systems remain obstacles to full implementation.

San Miguel’s NNIC gets US support to upgrade NAIA security

San Miguel Corp.-led New NAIA Infra Corp. (NNIC) has secured US government support to upgrade security screening systems at Ninoy Aquino International Airport, as the operator prepares the country’s main gateway for sharply higher passenger volumes.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.

Zobel’s Top Frontier stake transfer asset management strategy

Businessman Iñigo Zobel has transferred his 199.6 million shares in Top Frontier Investment Holdings Inc., the listed parent company of San Miguel Corp., to his wholly-owned IZ Investment Holdings Inc. as part of a strategic asset management initiative.

BankCom expands branches, tech to tap SMC ecosystem

Bank of Commerce (BankCom) is widening its physical and digital footprint as it seeks to turn its role as San Miguel Corp.’s (SMC) operational bank into a broader growth engine.

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BSP keeps 3% credit card interest cap, raises installment and cash advance fee limits 

The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.

SM Hotels expands events business with Conrad Manila rooftop venue

SM Hotels and Convention Centers (SMHCC) is adding a premium rooftop events venue at Conrad Manila, broadening its offerings for private celebrations and corporate gatherings as it builds out the Mall of Asia Complex as a destination for meetings and events.

PLDT gets NYSE warning over delayed 2024, 2025 filings

PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.

Metrobank chief economist tops Asian research awards, bank cites expertise

Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.

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