Economic growth, as measured by the expansion in the country’s output of goods and services (Gross Domestic Product or GDP), slowed down in the second quarter of 2018. The economy grew by just 6% in […]
San Miguel Corp. posted strong 2017 results fueled by higher contributions from subsidiary Petron Corp.’s Philippines, Malaysia, and petrochemicals operations, along with its food and beverage businesses. Consolidated revenues reached P826 billion, up 21% from […]
The Philippines’ 1,000 largest corporations had combined 2016 revenues of P21.74 trillion, up P1.661 trillion or 8.2% from the previous high of P20.08 trillion in 2015. The BizNewsAsia 1000 profits jumped much higher, by 22.85% […]
By Antonio S. Lopez Between Nov. 7, 2016 and early Nov. 7, 2017, the share price of San Miguel Corp. has slowly but surely gone north, from a low of P79.05 to P115 per share […]
On Friday, Jan. 13, I joined San Miguel Corp. president and vice chairman Ramon S. Ang on a whirlwind helicopter tour of Petron Refinery’s 400-hectare industrial complex in Limay, Bataan. He was furious. Petron or […]
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