Philippine conglomerate
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SM Prime to open mall in Puerto Princesa, Palawan

Sep 13, 2017 - 4:50 PM

Once the mall opens on Friday September 15 it will be competing with Robinsons Place Palawan Chinatown Center Palawan NCCC Mall and LRC 908 Market Mall

ITS FIRST. SM City Puerto Princesa will have 3 levels of retail and dining floors, a supermarket, 3 158-seater SM digital cinemas, and two 48-seater Director's Club cinemas. File photo Rappler

Forex, telco assets drag San Miguel net income in 1st half of 2017

Aug 10, 2017 - 10:20 PM

The diversified conglomerate feels the impact of the Philippine peso depreciation and the absence of the one time gain from its telco assets sale

SM Investments earns over P16 billion in just 6 months

Aug 09, 2017 - 4:55 PM

Even without the benefits of an election year the Philippines biggest conglomerate sustains growth across its core businesses

Mall operations continue to drive SM Prime's net income

Aug 07, 2017 - 5:45 PM

The additional 1 1 million square meters of retail space from new malls as well as expansions between 2015 and 2017 drive growth in SM Prime s mall rentals

Meet Ramon Ang, Filipino billionaire and Duterte's friend

Jul 23, 2017 - 9:58 PM

As Ramon Ang aggressively expands his businesses he stays on the good side of President Rodrigo Duterte through his philanthropy and campaign donations

FRIEND. President Rodrigo Duterte (left) sees Ramon Ang (right), chief of San Miguel Corporation, as his fast friend

San Miguel grows net income by 80% despite depreciating peso

Mar 16, 2017 - 5:30 PM

2016 was a good year for San Miguel due to election related spending good weather conditions stable interest rate and low inflation rate

BUILDING MOMENTUM. 'We’re very encouraged by the company’s strong performance in 2016 and we are determined to build on this momentum by investing in our brands,' SMC chief Ramon Ang says. Photo by Martin San Diego/Rappler

Metro Pacific raises income target to P11.7B in 2016

Nov 08, 2016 - 8:10 PM

But while its income goes up the conglomerate s revenue loss from delayed tariff rate adjustments also increases

LONG OVERDUE. Metro Pacific President Jose Ma. Lim says his firm is in discussions with the new administration on resolving some of its overdue tariff increases are ongoing. Photo by Chrisee Dela Paz/Rappler

San Miguel, Ayala report healthy net income in Q1

May 12, 2016 - 6:25 PM

Core businesses of both conglomerates see their profits climb during the first quarter of 2016

HEALTHY PACE. Ayala and San Miguel expect most of their businesses to continue growing at a healthy pace

Why same firms are vying for PH infra projects

Oct 01, 2014 - 8:15 AM

It s a testament to how much these Philippine firms have grown and matured They re now looking for yield and more portfolio expansion opportunities

Aboitiz group buys stake in Batangas industrial park

Oct 04, 2013 - 1:01 PM

AboitizLand plans to acquire a majority stake in Lima Land the operator of a 468 hectare industrial park in Batangas

Why investor perception counts in San Miguel

Jul 22, 2013 - 8:00 AM

San Miguel s major concern should be its long term chart which not only shapes investor perceptions but can set up triggers for irrational crowd behavior when you least want it