Diversified conglomerate San Miguel Corporation (SMC) is optimistic it will sustain this year’s strong financial performance as its major investments continue to benefit from the country’s economic growth. In a statement, SMC reported a strong performance in 2023 with consolidated net income...
San Miguel Aerocity Inc. (SMAI), a subsidiary of diversified conglomerate San Miguel Corporation (SMC), has inaugurated its Saribuhay sa Dampalit project in Barangay Pamarawan, Malolos, Bulacan. In a statement, SMC said this pioneering initiative marks the launch of the Philippines’ first...
Expect an improved travel experience at the country’s main airport, as the National Economic and Development Authority (NEDA) said the private-sector-led rehabilitation will lead to reduced wait times and fewer flight delays. NEDA Secretary Arsenio M. Balisacan said the launch of the P170.6...
President Marcos’ chief economic manager welcomed the decision to award the long-overdue Ninoy Aquino International Airport (NAIA) rehabilitation project to a private sector consortium. Finance Secretary Ralph G. Recto said that the P170.6 billion NAIA rehabilitation project represents the...
Senator Grace Poe says the winning bidder for the operations and maintenance of the Ninoy Aquino International Airport (NAIA) and Manila International Airport Authority (MIAA) is set to face a "herculean task". Poe, who chairs the Senate Committee on Public Services, welcomed on Friday, Feb. 16 the...
With a history spanning 130 years, San Miguel Corporation (SMC), is one of the Philippines’ largest and most diversified conglomerates, with revenues equivalent to about 6.8 percent of the country’s gross domestic product (the country’s total economic output) in 2022. Originally founded in...
San Miguel Corporation (SMC) has committed to provide job opportunities to released persons deprived of liberty (PDLs), the Bureau of Corrections (BuCor) said on Friday, Feb. 2. In a statement, BuCor said that SMC President and Chief Executive Officer (CEO) Ramon S. Ang himself gave his commitent...
San Miguel Corporation (SMC) reported that it has removed more than two million metric tons (MT) of silt and waste covering a distance of around 25 kilometers of river channels in Bulacan in a little over a year. The firm said it is initially focusing in areas around the future New Manila...
Diversified conglomerate San Miguel Corporation (SMC) is advancing into the phased development of a solar farm that will strategically position the cavernous New Manila International Airport (NMIA) in Bulacan as a carbon-neutral infrastructure – with the kick-off installation targeted to provide...
Bank of Commerce (BankCom), an affiliate of San Miguel Corporation (SMC), sees a larger market potential for its “SIKAPPINOY Asenso” (Asenso) all-in-one remittance, savings, and investments platform for Filipinos in Japan. This comes after an increase in overall remittances from overseas...
Diversified conglomerate San Miguel Corporation has invested over P3.05 billion since 2013 to build or help provide new homes for families impacted by natural disasters, and various development projects. In a statement, the firm said that, in the aftermath of typhoons Sendong and Yolanda, it has...
Forbes Asia has released its 2023 list of Heroes of Philanthropy which spotlights 15 philanthropists, including San Miguel Corporation Chief Executive Ramon S. Ang, who have in the past year shown commitment and donated generously to causes close to their hearts. Ang is the only Filipino...