Motorists heading to Ninoy Aquino International Airport (NAIA) Terminal 3 from the Skyway can now save about 15 to 25 minutes following the opening of a new off-ramp linking the NAIA Expressway directly to the terminal. President Ferdinand Marcos, Jr. (PBBM) on Thursday led the opening of the...
SMC Tollways Corp., the infrastructure arm of San Miguel Corp., reduced its interest-bearing debt through the end of 2024 as rising vehicle traffic across its network of expressways boosted cash flow and fortified its balance sheet. The company’s interest-bearing debt fell 6.1 percent to ₱52.3...
Tollroads operated and managed by conglomerate San Miguel Corporation (SMC) remain business as usual and flood-free despite the heavy downpour caused by Typhoon Kristine. In a statement on Thursday, Oct. 24, SMC said that it placed a quick response team on heightened alert to provide assistance to...
San Miguel-led SMC Tollways Corporation is planning to raise up to P35 billion from a proposed bond issuance to fund and support the continued expansion and operation of the Skyway System. Philippine Rating Services Corporation (PhilRatings) said it has assigned SMC Tollways’ planned issuance...