One of the Philippines largest business conglomerate, San Miguel Corporation (SMC) presented to Malacañang on Wednesday, May 14, 2014, a $10-billion plan to build for the government a brand-new international airport which is set to augment the present NAIA and could beat the existing international gateways of Hong Kong and Singapore in Asia. SMC President and … Read more
The country’s flag carrier and Asia’s first commercial airlines, Philippine Airlines (PAL) is certain of pushing through with the $6 billion development of an international airport to house its growing number of aircrafts according to PAL Chief Executive Ramon Ang. Related Article: Dual Airport System to be Implemented Soon (NAIA-Clark Airport) The revelation was made … Read more
Asia’s oldest airlines and the Philippines flag carrier Philippine Airlines will be on a potential buy-in deal with one of the Philippines’ largest conglomerates, the San Miguel Corporation. SMC President Ramon Ang’s group is interested in buying a controlling stake of the company with market capitalisation of 32.63 billion pesos ($744.4 million). According to the … Read more