San Miguel Corporation’s Recurring Net Revenue Grew by 11%

San Miguel Corporation (SMC) increased its recurring net revenue to 54.7 billion pesos by 11 percent. Combined revenues hit 826 billion pesos, higher by 21 percent, while consolidated operating revenue totaled 111 billion pesos, which is 11 percent higher compared to the 99.7...

Gokongwei Plans to Build Casino in Cebu Worth P18B

John Gokongwei, owner of the Universal Hotels and Resorts Incorporated (UHRI), has pledged to finance 18 billion pesos for the casino venture that he will be constructing in Cebu. He plans to build the project in the South Road Properties of Cebu, indicating the conglomerate's...

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