Companies

The government is ramping up its offensive against the illicit vape trade, with the Bureau of Internal Revenue (BIR) affirming its resolve to file criminal charges against unregistered businesses and individuals involved in the non-compliant distribution and sale of vape products. BIR Commissioner Romeo Lumagui Jr. underscored the agency’s unrelenting stance during a recent television interview, as detailed in a …

The Philippine gaming sector continued its upward trajectory in the first quarter of 2025, with gross gaming revenues (GGR) climbing over 27 percent year-on-year, the Philippine Amusement and Gaming Corporation (PAGCOR) reported last week. PAGCOR said GGR for the January-to-March period reached P104.12 billion, marking a 27.44 percent increase from the same period last year. “The e-games and e-bingo segment …

San Miguel Food and Beverage, Inc. (SMFB) began 2025 with strong momentum, posting robust first quarter results driven by sustained demand, improved efficiencies, and disciplined cost management. For the period ending March 31, 2025, consolidated revenues rose 4 percent  year-on-year to 98.9 billion. Gross profit grew 11 percent to 28.6 billion, while income from operations rose 16 percent to 15.2 …

Baltic Container Terminal (BCT), International Container Terminal Services, Inc.’s (ICTSI) operation in the Port of Gdynia, Poland, has been integrated into the rotation of Mediterranean Shipping Company’s (MSC) Britannia Ocean Service. MSC’s new service made its inaugural call in BCT on April 9, marked by the arrival of the MSC Rose. It offers a direct deep-sea connection between Asia and …

San Miguel Corporation (SMC), through its San Miguel Foundation (SMF), has formally turned over a newly-renovated school building and upgraded learning facilities to benefit student-inmates at the Medium Security Compound of the New Bilibid Prison (NBP). The facility, now known as Better World Bilibid, is operated as the Bilibid Extension School (BES) and managed by the University of Perpetual Help …

Farmers in the quiet agricultural town of Solana, Cagayan in northern Philippines have long relied on agriculture as their primary source of livelihood despite many challenges. Yet, Solana West Farmers Cooperative (SOWESFACO) is rewriting the story of smallholder farming by turning subsistence growers into market players, improving livelihoods, and fostering long-term sustainability. Founded nearly three decades ago with 23 pioneering members …

In celebration of the vibrant and diverse cultural heritage of the Philippines, the Philippine Postal Corporation (PHLPost) proudly released a special set of stamps and souvenir sheets showcasing iconic Philippine Festivals. Postmaster General Luis D. Carlos said, “It is a great honor to celebrate these festivals not only in parades and performances but also in our unique way, through commemorative …

Manila Water Philippine Ventures (MWPV), the Non-East Zone subsidiary of Manila Water Company, proudly marks its 10th anniversary, celebrating a decade of purposeful growth, service excellence, and innovation in sustainable water solutions across the Philippines. Over the past 10 years, MWPV has emerged as a key driver of Manila Water’s goal of bringing its brand of service to key locations …

It might as well be called Better Philippines the way the dredging operation is improving the environment, the economy, and, of course, the lives of people. Better Rivers PH, a brainchild of Ramon S. Ang, San Miguel CEO and chairman, is working quietly to rehabilitate rivers and creeks in Metro Manila and in the provinces of Bulacan, Pampanga, and Laguna. …

Asialink Finance Corporation, long known for supporting small and medium enterprises (SMEs), has expanded into real estate lending, offering fast processing times and competitive interest rates for individuals and businesses. In a statement last week, the company introduced three real estate loan options: Sangla Titulo, take-out of housing units, and property acquisition. Under Sangla Titulo, borrowers can take out loans …