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SMB breaks ground for brewing facility in Iloilo

ILOILO -- San Miguel Brewery Inc. (SMB) finally broke ground on its new and third brewing facility in the Visayas that will rise in a 40-hectare property in Barangay Gua-an, Leganes, Iloilo. SMB chairman and chief operating officer of San Miguel Corporation Ramon Ang led the groundbreaking ceremony, together with Senator Franklin Drilon, Iloilo Governor Arthur Defensor Jr., Leganes Mayor Vicent...

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BSP seen to cut rate soon

A benign inflation environment —with prices last month having risen at their slowest pace in almost three years, thanks to a large degree to the Rice Tariffication Law—may prompt the central bank to implement another round of monetary easing as soon as this month. Speaking to reporters Friday morning, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said the 25-basis-point reduc...

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