Ramon S. Ang - updates

Rappler's latest stories on Ramon S. Ang


Ramon Ang's Eagle Cement to go public in May

Mar 02, 2017 - 3:05 PM

The 4th largest cement firm in the Philippines is expanding its production capacities as the Duterte administration plans to spend more for infrastructure projects

3RD CEMENT FIRM. Eagle Cement will be the 3rd cement company to be listed with the Philippine Stock Exchange. The two others are Holcim Philippines Incorporated and Cemex Holdings Philippines Incorporated, which conducted an IPO in 2016. Rappler file photo

MVP open to partnering with Sy or Ang for new Manila airport

Nov 28, 2016 - 12:40 AM

One thing is sure – the Philippines needs a new airport to ease congestion at the NAIA

UPGRADED. The NAIA Terminal 1's improved check-in lobby. Photo from Department of Transportation

Ramon Ang to build $300M cement plant in Davao

Sep 28, 2016 - 6:00 PM

The manufacturing facility will be able to produce two million tons or 50 million bags of cement per year

SUNNY OUTLOOK. Ramon Ang identifies Davao – hometown of President Rodrigo Duterte – as a key growth area for the Philippines

San Miguel: No plans to look for MRT7 partner

Jul 14, 2016 - 7:26 PM

This was after San Miguel bought Zamora s stake in a company that holds rights to design construct and complete the MRT7 for 100 million

ONLY SAN MIGUEL. 'We are have an agreement that we will not sell or flip the shares,' San Miguel chief Ang (second from the left) says. Photo by Chrisee Dela Paz/Rappler

The other side of San Miguel's telco buyout

Jun 17, 2016 - 6:07 PM

Over 900 workers and hundreds of cell sites face uncertainty because of the San Miguel deal with PLDT and Globe

UNFULFILLED TELCO AMBITION. Despite the botched partnership with Telstra Corporation, San Miguel was expected to launch this 2016 its mobile services through BellTel

San Miguel, MVP group eye partnership for $10B airport

Jun 14, 2016 - 8:45 PM

Sought for comment Pangilinan says: As to infrastructure in general yes we are open to that

NEW PARTNER? Ramon Ang says San Miguel is also in talks with MVP group for other big ticket projects that the government may bid out in the future. Photo by Agence France-Presse

Globe, PLDT activate 1st 700 MHz cell sites

Jun 07, 2016 - 5:30 PM

3rd UPDATE Globe will initially activate 200 LTE cell sites using the 700 MHz frequency while PLDT plans to roll out 360 cell sites this year

HEAD-TO-HEAD. Globe and PLDT say the 700 MHz frequency is key to provide faster internet speeds in the country, as it can easily penetrate buildings and walls and has greater coverage with fewer infrastructure needed

Think tank urges gov't review of San Miguel telco assets sale

Jun 02, 2016 - 7:03 PM

The Foundation for Economic Freedom also calls on Congress to conduct a probe into the deal

MAKING A DENT. Monopolies and duopolies in strategic sectors like telecommunications are the reasons the Philippine economic growth for the past years is not making a dent in the poverty rate

San Miguel says it barely made money from telco divestment

May 31, 2016 - 6:34 PM

San Miguel s Ramon Ang says PLDT and Globe approached the conglomerate regarding the buyout of its telecommunication assets

MIXED SENTIMENTS. Shares of San Miguel go up after the announcement of the sale of its telco business. In the photo is Ramon Ang. Photo by Agence-France Presse

San Miguel's sale of telco business: Will consumers benefit?

May 31, 2016 - 8:00 AM

The Philippines major telco rivals stand together raising concerns about competition and consumer interest

NOT A TYPICAL DEAL. With San Miguel entrusting its prized 700 megahertz spectrum to Globe and PLDT, will this mean better, more reasonable Internet services for subscribers? Photo from Shutterstock

San Miguel selling telco assets to PLDT, Globe

May 30, 2016 - 9:29 AM

4th UPDATE San Miguel sells its telecommunication business to PLDT and Globe a couple of months after its talks with Telstra Corporation failed

MIXED SENTIMENTS. Shares of Globe and PLDT went up after the announcement of the acquisition of San Miguel's telco business. In the photo are Ramon Ang (L), Ernest Cu (C), and Manuel Pangilinan (R)

Ginebra in talks with 3 foreign liquor firms

May 26, 2016 - 7:30 PM

The liquor unit of San Miguel Corporation is looking into the possible acquisition of the foreign companies

ACQUISITION TALKS. While Ang however refused to give details on these negotiations, he said the San Miguel has a high 80% success rate in terms of acquisitions. Photo by Ted Aljibe/Agence France-Presse

PLDT's Q1 net income dips as it continues digital pivot

May 03, 2016 - 6:17 PM

PLDT Chairman and CEO Manuel V Pangilinan says competition remains intense and the shift to lower margin revenues continues

DIGITAL PIVOT. PLDT Chairman and CEO Manuel V. Pangilinan (middle) says strong gains in data, broadband and digital services, compensate for continued declines in long distance and SMS revenues. Photo by Chrisee Dela Paz/Rappler

PLDT expects lowest core net income in over a decade

Feb 29, 2016 - 7:00 PM

Its projected core net income for 2016 is the lowest since 2003 s P17 17 billion 361 81 million

PIVOT OR PERISH. PLDT Chairman Manuel V Pangilinan (in the middle) says digital shift will not happen without any pain. Photo by Chrisee Dela Paz/Rappler

Grace Poe: Aquino borrows planes from same companies

Feb 24, 2016 - 12:48 PM

Answering persistent questions the presidential bet says San Miguel Corporation and Helitrend Corporation either lend or rent out jets for her campaign sorties

PRIVATE PLANES. Presidential bet Senator Grace Poe reveals conglomerate San Miguel Corporation and Helitrend Corporations as the owners of the aircrafts they use in their campaign sorties. Photo by Arnold Almacen

Telstra-San Miguel possible deal has limited impact on telco industry

Nov 20, 2015 - 6:38 PM

Ratings agency Fitch says the joint venture will experience large cash burn given the significant capital outlay and price competition to build a subscriber base

LIMITED IMPACT. With the possible partnership, San Miguel will benefit from Telstra's technology leadership and financial muscle, while Telstra could make the most of the local conglomerate's 700MHz spectrum-frequency.

PLDT anticipates Telstra pressure in 2016

Nov 03, 2015 - 7:07 PM

We will be ready for them Telstra San Miguel partnership It will be a problem for all networks PLDT s Manuel Pangilinan says

STEPPING UP. PLDT Chairman Manuel Pangilinan says Telstra-San Miguel partnership will be a 'threat' to expanding its market share for postpaid and prepaid. In the photo are (left to right) Ray Espinosa, Pangilinan, Napoleon Nazareno, and Annabelle Chua. Photo by Chrisee dela Paz/Rappler

SMC's Ramon Ang: 'We sell assets because of bad partnerships'

Oct 15, 2015 - 9:09 PM

Experiencing all those types of partnerships I’d rather always buy the whole company unless the partner is honorable which is very hard to come by San Miguel s Ramon Ang says

BAD PARTNERSHIPS. Ramon Ang tells global CEOs: 'For the last 7 years, we have sold assets because partnerships aren’t good and it’s better to walk away.' Photo from Weber Shandwick for #FGECEO2015

Ramon Ang: We hope to open 3rd major telco by 2016

Oct 15, 2015 - 7:58 AM

The moment we switch on our telco it will be a superior network San Miguel Corporation s Ramon S Ang says

3RD PLAYER. 'We're building a mobile broadband telecommunications network. We can switch on the network next year for people not to experience problem with telecom anymore,' SMC's Ramon Ang (3rd from left) says. Photo by Alecs Ongcal/Rappler

Facebook's Saverin, world tycoons in Manila

Oct 12, 2015 - 3:11 PM

The Philippines’ top CEOs including San Miguel Corporation s Ramon Ang and SM Investments Corporation s Teresita Sy Coson will also take part in panel discussions throughout the 3 day conference until October 14

BIGGEST CEO CONFERENCE. This is the first time Forbes Global CEO is being held in Manila

LIVE BLOG: Forbes Global CEO Conference 2015

Oct 11, 2015 - 6:00 PM

Follow Rappler s coverage of the 3 day conference to be held first time in Manila It features some 50 prominent personalities in the global business scene

San Miguel to propose runway, terminal in NAIA

Sep 21, 2015 - 6:30 PM

The conglomerate plans to propose as unsolicited the P50 billion project to the next administration San Miguel President and COO Ramon Ang says

PROPOSAL. SMC President and Chief Operating Officer Ramon S. Ang (4th from left_ says in an interview Monday, September 21, following the listing of its P33.5 billion ($720.55 million) preferred shares at the Philippine Stock Exchange, the company will propose to construct a runway and airport terminal to the next administration. Photo from the Philippine Stock Exchange

San Miguel to put up power plants in Cebu, Panay

Sep 16, 2015 - 4:34 PM

SMC President Ramon S Ang says the conglomerate is beefing up its power generation business with plans to complete projects in 3 years time

DOJ dismisses Ang's syndicated estafa complaint vs Gozon

Sep 11, 2015 - 2:48 PM

Ramon S Ang gets back his P1 billion from Felipe Gozon In return Gozon receives a substantial amount from Ang The details of their settlement are confidential

REASONABLE. The settlement agreed upon by Ang and Gozon – through the efforts of a common friend – was reasonable and was mutually accepted by them, the Gozon Group says Friday, September 11, 2015. Ang file photo by Aya Lowe; Gozon file photo by Manman Dejeto

Can Angat dam withstand a 7.2 magnitude quake?

Jun 11, 2015 - 6:08 PM

A consultancy firm commissioned to assess the 47 year old dam’s safety is uncertain that it could survive such disaster thus more investigations are needed to determine the risks involved

San Miguel clarifies brewery unit not for sale

May 13, 2015 - 10:29 PM

The diversified conglomerate says it has a mutually beneficial partnership with Japan’s Kirin Holdings

San Miguel taps DMCI for Skyway extension project

May 12, 2015 - 11:29 AM

DMCI will be the contractor for the P26 5B toll road project connecting SLEX to NLEX

San Miguel mulls selling stake in beer unit

May 08, 2015 - 6:56 PM

SMB gives the conglomerate steady income in the past years but its president and COO Ramon Ang says they may consider selling it to joint partner Japan’s Kirin Holdings for an outrageous price

San Miguel Corporation earmarks P168B for toll road projects

Mar 23, 2015 - 5:56 PM

The investment is to put the country’s toll roads on a par with neighboring Asian countries says SMC President and COO Ramon S Ang

President Benigno S. Aquino III converses with South Luzon Tollway chairman and San Miguel Corporation president and chief operating officer Ramon Ang during the Briefing on the South Luzon Expressway-Toll Road 4 (SLEX-TR4) Project and Other Major Road Projects in Southern Tagalog at the Open Grounds in Barangay Lalig, Tiaong, Quezon on Monday (March 23, 2015). The SLEX-TR4 project is a Php13.1Billion planned expressway extension from Sto. Tomas, Batangas to Lucena, Quezon mandated under Presidential Decrees 1112 and 1894. It involves the construction of 58-kilometers, 4-lane toll road. (Photo by Ryan Lim / Malacañang Photo Bureau)

Manila to host 15th Forbes Global CEO Conference in October

Mar 18, 2015 - 2:27 PM

It will be the first time for the country to host the annual gathering of the ‘world’s most economically powerful business people’

Shell to review options after SC ruling on Pandacan depot transfer

Mar 11, 2015 - 5:16 PM

The High Court denies the oil firm’s motion for reconsideration but Shell says it will observe the law as it reviews its options

San Miguel beefs up road safety

Mar 10, 2015 - 2:37 PM

The diversified conglomerate will install more radar speed detectors along SLEX Skyway STAR tollway and TPLEX

French, Filipino firms tapped to complete NAIA expressway

Mar 04, 2015 - 5:03 PM

San Miguel Corporation decides to tap partners to finish the P15 4 B expressway in time for the APEC meetings in Manila in November

Petron net income down 26% in Jan-Sept

Nov 10, 2014 - 12:26 PM

The drop is due to the continuous fall in crude prices in the third quarter of 2014

San Miguel eyes aggressive expansion in energy industry

Nov 04, 2014 - 4:16 PM

SMC president Ramon S Ang also says the conglomerate is seriously looking at Lafarge Republic’s assets and that it was excluded from the shortlist of bidders for the acquisition of UK s United Biscuits

Despite Calax disqualification, San Miguel still bullish on PPPs

Jul 09, 2014 - 5:58 PM

SMC President and COO Ramon Ang says they will still participate in all PPP project biddings despite disqualification from the P35 B Cavite Laguna expressway project

SUSPENDED. San Miguel Corporation’s Ramon S. Ang says it will still participate in PPP projects, despite disqualification from the Cavite-Laguna expressway project. Photo from the PPP Center

The love story of GMA-7, Pangilinan and Ang

Jun 25, 2014 - 2:49 PM

The GMA 7 Ramon Ang partnership sounds like an arranged marriage between one party that has run out of options and another that has yet to make its media telecom strategy take root

Philippine Airlines eyes new aircraft for US, EU routes

May 13, 2014 - 2:38 PM

PAL places an order for over 70 aircraft mostly from Airbus The orders should double PAL s fleet to around 100 planes

FLYING HIGH. File Photo by AFP.

DOTC: Gov't not keen on unsolicited proposals

Apr 04, 2014 - 5:30 PM

Transportation Secretary Joseph Emilio Abaya says the Aquino administration prefers solicited proposals for government projects

PAL to fly to Tokyo's Haneda starting March

Jan 23, 2014 - 2:02 PM

The new route will complement its thrice a day service to Narita Airport which also serves the Greater Tokyo area

TO HANEDA. Philippine Airlines gains flights to Haneda airport, also known as Tokyo International Airport. Photo by AFP

Ang consolidates San Miguel shares

Oct 01, 2013 - 6:53 PM

Ang s shares in San Miguel are now held by his private company Privado Holdings

PAL eyes to close Cambodia Air deal by Oct

Aug 12, 2013 - 3:26 PM

PAL says the target completion date of a deal giving it a 49 stake in Cambodia s new airline was moved to October 15

Profile photos via San Miguel Corporation and Royal Group Cambodia's website.