Tag: San Miguel

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San Miguel backs MSMEs through ASEAN partnership

Trade & Investments Context.ph Context.ph -
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.

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.
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GSIS net income rises 14% to P123B in 9M 2026

Banking & Insurance 0
The Government Service Insurance System (GSIS) posted a net income of P123 billion in the first nine months of 2026, up 14 percent from P108 billion in the same period last year, putting the state pension fund on firmer ground to expand services and finance renewable energy programs for its members.

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

Banking & Insurance 0
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

Property 0
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

Corporate 0
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.

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