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SMC to sell stake in PDS

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Conglomerate San Miguel Corp.

Conglomerate San Miguel Corp. has agreed to sell to the Philippine Stock Exchange a 4-percent interest in Philippine Dealing Systems Holdings Corp. in support of the proposed consolidation of the capital market infrastructure in the country.

Posted: November 22nd, 2014 in Headlines,Latest Business Stories | Read More »

San Miguel’s net income surges 31% to P23.2B

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san-miguel

Conglomerate San Miguel Corp. grew its nine-month net profit by 31 percent year-on-year to P23.2 billion on higher revenues from both traditional food and beverage as well as new businesses.

Posted: November 11th, 2014 in Headlines,Latest Business Stories | Read More »

Biz Buzz: SM going solar

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Replicating a similar project in its shopping mall in Xiamen, SM Prime Holdings will harness energy from the sun to help power SM North Edsa. This is planned for installation and commissioning in the first half of 2015. The project is designed to generate about 1.4 megawatts at peak, SMPH chief finance officer Jeffrey Lim said.

Posted: September 26th, 2014 in Columnists,Inquirer Columns | Read More »

Lucio Tan group retakes PAL’s helm

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Philippine Airlines (PAL. FILE PHOTO

Tycoon Lucio Tan on Monday officially reclaimed management control of flag carrier Philippine Airlines after executing the buyout of the 49-percent stake held by conglomerate San Miguel Corp.

Posted: September 16th, 2014 in Editor's Pick,Headlines | Read More »

PH conglomerates urged to tap UK institutions

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British Ambassador Asif Ahmad is urging diversifying Filipino businessmen to turn to the United Kingdom for fresh opportunities, including new inventions and startup projects from the laboratories of British universities and research institutions.

Posted: September 15th, 2014 in Headlines | Read More »

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