A total of 40 Filipino companies were included in the second annual Fortune Southeast Asia 500 list, which ranked the region’s top corporations based on their 2024 revenues. Topping the list of Philippine firms are the largest conglomerates, banks, and utilities, with San Miguel Corporation...
Diversified conglomerate San Miguel Corporation expects to sustain its growth trajectory seen in the first quarter of the year as new revenue streams are expected to come online. During the firm’s annual stockholders’ meeting, SMC Chairman and CEO Ramon S. Ang stated that the firm’s...
Concepcion Industrial Corporation (CIC), the country’s leading provider of consumer lifestyle and enterprise solutions, is discussing with San Miguel Corporation its possible participation in the rehabilitation of the three terminals of the Ninoy Aquino International Airport. In a discussion with...
San Miguel Corporation 's spirits business Ginebra San Miguel Inc. (GSMI) reported a strong start for 2025 with an 11 percent growth in first quarter net income to ₱2.1 billion from the prior year, despite more challenging market conditions. In a statement, the firm said its consolidated...
The Department of Transportation (DOTr) is looking to cushion the blow for Ramon Ang-led San Miguel Corp. (SMC), which is set to face revenue loss due to the upcoming toll holiday in select segments of Skyway Stage 3 during the rehabilitation of EDSA. In a press briefing on Monday, May 26,...
A significantly expanded maternal and child health program has led to a sharp reduction in child malnutrition rates in the Philippines, marking a major milestone in the country’s ongoing battle against hunger and undernutrition. San Miguel Foods Inc. (SMFI) reported a dramatic improvement in...
Diversified conglomerate San Miguel Corporation (SMC) first-quarter earnings almost quintupled to ₱43.4 billion, surging by a sharp 388 percent from ₱8.9 billion a year earlier due to one-time gains from the partial sale of power assets and foreign exchange gains. The firm said its core net...
The Chamber of Commerce of the Philippine Islands (CCPI) celebrated its rich history and future vision on April 30, 2025, at its Intramuros building with the unveiling of its Legacy Book and the presentation of Exemplar Awards to San Miguel Corporation and its president, Ramon S. Ang. The Legacy...
San Miguel Food and Beverage, Inc. (SMFB) Chairman Ramon S. Ang expects the company to post strong earnings growth in 2025 and beyond as it continues to expand capacity and reach. The company started 2025 with strong momentum, posting robust first quarter results driven by sustained demand,...
New Naia Infra Corp. (NNIC) has issued formal notices to the owners of 27 aircraft that are left abandoned in the general aviation area of Ninoy Aquino International Airport (NAIA), citing efficiency and safety concerns. In a statement, NNIC said it is in coordination with the Civil Aviation...
One more from San Miguel Corporation Chairman Ramon S. Ang’s brood of eight children is taking a bigger role in the diversified conglomerate. In a disclosure to the Philippine Stock Exchange, Petron Corporation reported that 39-year-old Jacqueline L. Ang is one of the 12 newly-elected members of...
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...
