The long-awaited transfer of a Manila Electric Co. (Meralco) stake to San Miguel Corp. has quickly created new ripples in the local business scene, with tycoon Manuel V. Pangilinan’s group signaling its interest in acquiring those very shares. Pangilinan, who serves as Meralco’s chairman and...
After more than a decade, tycoon Ramon S. Ang is back as a shareholder in power distributor Manila Electric Co. (Meralco). In a disclosure to the Philippine Stock Exchange on Wednesday, July 23, Ang-led San Miguel Corp. (SMC) confirmed reports that its unit, SMC Global Power Holdings (formerly...
KALIBO, Aklan – Proponent San Miguel Corp. assured there will be alternative jobs for boatmen amid mounting concerns that the proposed bridge project for world-famous Boracay Island will displace livelihoods. “Under our proposal, we will work with them, train them, and help them transition to...
Ramon S. Ang-led San Miguel Corp. (SMC) is set to build a new passenger terminal at Godofredo P. Ramos Airport in Caticlan, the main gateway to Boracay Island, which is expected to increase the airport’s capacity to seven million passengers starting 2027. President Ferdinand “Bongbong” Marcos...
The joint expressway project of Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) in Southern Tagalog is set to begin construction soon, even as merger talks between the tollway giants remain on the backburner. MPTC Chairman Manuel V. Pangilinan said the two companies have...
South Korea’s national railway operator Korea Railroad Corp. (KORAIL) has inked an agreement to provide technical support for the operations and maintenance (O&M) of Metro Rail Transit Line 7 (MRT‑7) as the project targets 2026 for full operations. SMC MRT-7 Corp., a wholly owned...
San Miguel Corp. cleaned up the Biñan River in Biñan City in less than a year. ALL cleaned up is the Biñan River in Biñan City, Laguna. It freed up the clogged waterway of nearly 88,000 tons of silt and solid waste that worsened flooding in the city. Its Better Rivers PH initiative covered a...
San Miguel Corporation (SMC) President and Chief Executive Officer Ramon S. Ang has issued a public warning about a deepfake video that falsely depicts him endorsing an investment opportunity. Ang on Monday, Feb. 17, took to Facebook to denounce the fraudulent video, explaining that scammers used...
State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding...
San Miguel Corp. (SMC) has opened a new northbound exit at the Maria Clara Road in its Skyway Stage 3 project in Quezon City to alleviate traffic congestion at the Quezon Avenue exit. In a statement, SMC said the new exit, which opened at 6:00 AM on Saturday, Dec. 28, is expected to improve traffic...
Conglomerate San Miguel Corporation (SMC) is set to waive fees for its expressway network on Christmas and New Year's eve. In a statement on Friday, Dec. 20, SMC said it will waive toll from 10pm on December 24 to 6am of December 25, and from 10pm on December 31 to 6am of January 1 across the...
The Philippine Amusement and Gaming Corporation (Pagcor) and San Miguel Infrastructure have signed a 25-year lease agreement for the 15-hectare Nayong Pilipino property in Pasay City. In a statement, the government’s gaming regulator said the agreement, formally signed on Dec. 12, 2024, will...
