Business

FILIPINO BILLIONAIRES

Forbes Magazine has listed the world’s billionaires for 2017. Included are 14 Filipino billionaires, ranked, worldwide, from 94th (Henry Sy with $12.7 billion estimated wealth) to 1795th (Roberto V. Ongpin with an estimated $1.1 billion […]

SAN MIGUEL CORPORATION

FOOD INDUSTRY SALES TO HIT $13B BY 2022

The Philippines food industry reached a market value of $9,259 million in 2017, accounting for 25.5% of the Southeast Asian food industry. According to GlobalData, the industry is expected to grow to $13,127 million by […]

SAN MIGUEL CORPORATION

SMC CASHES IN ON CONSUMER SPENDING BOOM, FEEDS P86B INTO FOOD EXPANSION, CREATES A P600B F&B SUBSIDIARY

San Miguel Corp. is parlaying the dynamism of the Philippine economy and the conglomerate’s leadership, strength, and marketing prowess in its old businesses—beer, beverages and foods—by conducting follow-on public offering (IPO) for its food and […]