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Category: Business

Philippine regulator approves San Miguel’s up to $1.14 billion preferred share-sale plan

Planet Philippines (Full Attribution Below)October 23, 2024

Philippine conglomerate San Miguel Corp priced shares in its food and beverage unit at the bottom of an indicative selling range, seeking to raise 34 billion pesos ($634 million) in Southeast Asia’s worst-performing market. (Wikimedia Commons/Elmer Domingo) MANILA — The Philippines’ corporate regulator said on Thursday it has approved a plan by conglomerate San Miguel Corp SMC.PS to raise […]

Transport group dismayed by another possible oil price hike

Planet Philippines (Full Attribution Below)July 16, 2024

The Pinagkaisang Samahan ng mga Tsuper at Operator Nationwide (PISTON) on Sunday expressed ire over a looming increase in the pump prices of petroleum products in the coming week. This came after an oil industry source projected based on trading from July 10 to 13, that the price per liter of diesel may go up […]