Perpetual bonds are generally issued by governments or institutions owned by governments. There are times when businesses with an impressive business background that are financially healthy have been able to sell perpetual bonds. From the viewpoint of the issuer, the main advantage is that the issuer does not have to pay for the theory. For the issuer, they just have …

METRO MANILA – Around 5,000 medical frontliners in Cebu will obtain life insurance coverage worth ₱2 million each from San Miguel Corporation. The Ramon Ang-led conglomerate said that it will be retaining the promise of life insurance coverage to the healthcare frontliners of several hospitals in the province. In a statement released today, SMC President and Chief Operating Officer Ramon …

San Miguel power subsidiary South Premiere Power Corp. (SPPC) maintained that the Mandaluyong Regional Trial Court (RTC) had jurisdiction over a pending Ilijan power plant case. SPPC replied in a statement to remarks made by Leyte Representative Vicente Veloso challenging the authority of the RTC over the measurement of generation charges under the Ilijan power contract. Veloso previously challenged the …