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,...
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...
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,...
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...
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 Food and Beverage Inc. (SMFB) reported that it has sustained its earnings growth as net income improved by seven percent to ₱40.9 billion last year on the back of the strong performance of its core businesses. In a statement, the firm said that it remained resilient despite evolving...
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 (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...
San Miguel Food and Beverage Inc. (SMFB) has replaced its long-time president, Francisco S. Alejo III, as chief operating officer (COO) with Emmanuel B. Macalalag effective Feb. 5, 2025. In a disclosure to the Philippine stock Exchange (PSE), the firm said Alejo, COO for SMFB’s food business, has...
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...
The country's main gateway, Ninoy Aquino International Airport (NAIA), served 50.1 million passengers in 2024, according to its operator, New NAIA Infrastructure Corp. (NNIC). In a statement on Thursday, Jan. 2, the company said the figure was 10.4 percent higher than the 45 million passengers...
