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Sumitomo Mitsui Banking Corporation (SMBC)

Latest Daily Tribune news and analysis on Sumitomo Mitsui Banking Corporation (SMBC).

  1. METRO Rail Transit-Line 3 train undergoing maintenance.

    Sumitomo Corp. doubles down on MRT-3 safety

    Sumitomo Corp. reassures MRT-3 passengers of safety and reliability amid rising concerns, emphasizing 24-hour comprehensive maintenance and collaboration with…

  2. Sumitomo acquires 15% stake in Philcement

    Sumitomo acquires 15% stake in Philcement

    Philcement Corp., a subsidiary of diversified firm PHINMA Corp., is expecting to boost its manufacturing operations after Japanese cement giant Sumitomo Osaka…

  3. PCC clears Infroneer’s Sumitomo acquisition

    PCC clears Infroneer’s Sumitomo acquisition

    ‘The two companies do not have horizontal overlaps — that is, they do not operate in the same line of business — and no vertical relationships, such as one…

  4. The MRT-3 is currently operated by the government, while the Sobrepeña-led Metro Rail Transit Corp. oversees its design, construction and maintenance under a build-lease-transfer agreement that is set to expire later this year.

    MRT-3, Sumitomo deal extended

    Sumitomo currently holds a P7.38-billion contract covering technical support, routine maintenance, spare parts procurement and additional rehabilitation works…

  5. STILL on track! DOTr keeps MRT-3 humming with Sumitomo extension—because nobody wants a maintenance breakdown during rush hour. Swipe your cards and your worries away soon, too!

    DOTr extends MRT-3 Sumitomo deal

    The Department of Transportation (DOTr) is extending its maintenance contract with Japan’s Sumitomo Corp. for MRT-3 to ensure continued operations, while also…

  6. TRANSPORTATION Secretary Vince Dizon announces the dismissal of three employees involved in the ‘tanim-bala’ incident at Ninoy Aquino International Airport during a press briefing at the Department of Transportation office in Mandaluyong on Monday.

    DoTr chief sacks MRT-3 GM over escalator mishap

    Transportation Secretary Vince Dizon has removed MRT-3 General Manager Oscar Bongon after slamming the agency’s slow response to an escalator accident at Taft…

  7. One of the Philippines’ largest nickel ore producers, Nickel Asia Corp. has sold its remaining 15.625 percent share in Coral Bay Nickel Corp. to Japan’s Sumitomo Metal Mining Co. which had already held an 84.63 percent stake in the company.

    Sumitomo secures full CBNC ownership

    In a stock exchange filing on Monday, NAC confirmed the sale of its entire 15.625 percent stake in CBNC to Sumitomo which, even before the transaction, already…

  8. Director general Tereso Panga| Photograph courtesy of  PEZA

    PEZA targets FDIs in MoU with RCBC, SMBC

    ‘The MoU inked by PEZA, RCBC and globally renowned Japanese financial institution Sumitomo Mitsui Banking Corp. will significantly contribute to the Philippine…