Diversified conglomerate San Miguel Corp. (SMC) reported a 22 percent growth in core net income to ₱52.3 billion last year, reflecting strong operational performance, even as its net income declined 18 percent to ₱36.7 billion due to foreign exchange adjustments. In a statement, the firm said...
San Miguel Corporation (SMC) Chairman and CEO Ramon S. Ang’s firstborn John Paul L. Ang has been appointed director of Ginebra San Miguel Inc. due to the vacancy left by Francisco S. Alejo III, who resigned last Jan. 31, 2025. Ang is currently a director and the President and Chief Operating...
San Miguel Corp. (SMC) head honcho Ramon S. Ang projects continued growth and success for the conglomerate in 2025, building on its recent recognition by TIME magazine. SMC and its subsidiaries, Petron Corp. and Ginebra San Miguel Inc., were all recognized among the top 500 companies in the...
San Miguel Corporation affiliate Bank of Commerce (BankCom) has upsized its peso bond offering by almost four times its original offer size due to strong demand from retail and institutional investors. In a disclosure to the Philippine Stock Exchange, the bank said it achieved its biggest peso bond...
Ayala Corporation and San Miguel Corporation led 29 Philippine conglomerates and businesses that made it to Time magazine and Statista’s inaugural 500 Best Companies in Asia-Pacific for 2025. The ranking of 500 of the Asia-Pacific’s best companies by Time and Statista is based on a formula of...
The Department of Transportation (DOTr) has signed a right of way usage agreement with the infrastructure arm of San Miguel Corporation (SMC), a move described as bringing the construction of the Southeast Metro Manila Expressway (SEMME) closer to reality. The SEMME, or C6 Expressway, is a 32.7-km...
Diversified conglomerate San Miguel Corporation (SMC) is planning to raise a yet undetermined amount of fresh capital through the issuance of its common and preferred shares. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its Board of Directors has approved the amendment of...
Diversified conglomerate San Miguel Corporation (SMC) announced the retirement of its long-time Chief Finance Officer and Treasurer, Ferdinand K. Constantino, effective Feb. 1, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the Ramon S. Ang-led conglomerate said Constantino will be...
Bank of Commerce (BankCom), an affiliate of San Miguel Corporation (SMC), posted a 10 percent year-on-year increase in unaudited net income to P2.21 billion in the third quarter of 2024, mainly due to higher revenues. The bank said in a disclosure to the Philippine Stock Exchange (PSE) that this...
Diversified conglomerate San Miguel Corporation (SMC) reported a 19 percent increase in net income to P37.1 billion in the first nine months of 2024, compared to P31.2 billion in the same period last year, driven by strong revenue increases across its diverse businesses. In a statement, the company...
photo: SMC At least eight million tons of silt and waste were removed from 136 kilometers of river systems in...
San Miguel Brewery Inc. (SMB) reported a 36.7 percent increase in net income to P23.4 billion from its Philippine operations in the first nine months of the year. In a statement, the subsidiary of diversified conglomerate San Miguel Corporation said this growth includes dividends of P7.4 billion...
