As an integral part of the inaugural dialogue on the Asia Zero Emission Community (AZEC) underpinned by the Japanese and Philippine governments, the Japan Bank for International Cooperation (JBIC) has signed a preliminary deal with three Philippine conglomerates for the development of projects...
From left: Pangasinan Vice Governor, Mark Ronald D.G. Lambino; Pangasinan Governor, Ramon V. Guico III; SMC President and CEO, Ramon S. Ang; and 5th District, Congressman, Ramon "Monching" Guico, Sr. The groundbreaking of the Pangasinan Link Expressway (PLEX) Phase I was held today, March 21, at...
Leaning on the robust power generating assets of its various subsidiaries, Aboitiz Equity Ventures (AEV) has sustained its lead as the country’s biggest power producer with total installed capacity of 5,745.221 megawatts, according to data released by the Energy Regulatory Commission. Inching...
The power investment arm of Manila Electric Company (Meralco) will corner the majority stake of more than 40-percent in the $3.3 billion integrated liquefied natural gas (LNG) project originally owned and developed by SMC Global Power Holdings Corp. (SMGP) of the San Miguel group. According to...
Power utility giant Manila Electric Company (Meralco) has beefed up its supply portfolio with additional 400-megawatt baseload power supply procurement from the Limay thermal power plant of SMC Global Power Holdings of the San Miguel group. The tariff for the new interim power supply agreement...
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...
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...
San Miguel Corporation (SMC) announced it will again waive toll fees at all its expressways on the eve of New Year’s Day, an annual tradition the company’s infrastructure unit fulfills in the spirit of the holidays, and to show its appreciation for motorists’ continued patronage. SMC...
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...