The proposed merger between the tollway businesses of San Miguel Corp. (SMC) and Metro Pacific Investments Corp. (MPIC) is on track for completion in the third quarter of the year, with the plan currently in the valuation stage. MPIC Chairman Manuel V. Pangilinan confirmed that both companies are...
San Miguel Corp. (SMC) may complete the first runway of its ₱735-billion New Manila International Airport ahead of its 2028 timeline, despite construction bottlenecks caused by supply shortages in Manila Bay. Ramon S. Ang, SMC chairman and chief executive officer, assured shareholders during the...
Failing to advance past the quarterfinals in the Commissioner’s Cup, San Miguel immediately loaded up new weapons in its arsenal, acquiring the Terrafirma backcourt of Jerrick Ahanmisi and Paolo Hernandez through a trade on Tuesday, June 2. The Beermen sent Juami Tiongson back to the Dyip...
San Miguel Corp.’s tollway unit said its tree-clearing operations along a major Manila thoroughfare comply with government environmental mandates, seeking to defuse local opposition to a multi-billion peso infrastructure project aimed at easing the capital’s notorious gridlock. In a statement,...
Diversified conglomerate San Miguel Corp. plans to raise as much as ₱30 billion through the sale of preferred shares to refinance looming debt obligations and bankroll its ambitious aviation infrastructure portfolio. The diversified company filed a registration statement with the Securities and...
The government rejected speculation that it is downscaling a major mass-transit infrastructure project, affirming that the Metro Rail Transit (MRT) Line 7 will proceed with its complete 14-station layout to connect Metro Manila with neighboring northern provinces. The Department of Transportation...
San Miguel Corp. clarified that its proposed ₱7.78 billion Boracay Bridge project has not been abandoned, saying the infrastructure giant will pursue further consultations to address mounting concerns from local stakeholders. The conglomerate issued the statement following social media reports...
Despite a challenging operating environment, San Miguel Corp. 's hard liquor arm, Ginebra San Miguel Inc. (GSMI), sustained its growth momentum in the first quarter of 2026, with net income rising faster than revenues. First-quarter net income reached ₱2.3 billion, up nine percent from the...
Batang San Miguel essayed a pair of comeback wins against Batang Talk ‘N Text teams to win the 13U and 10U championships of the 2026 Batang PBA on Thursday, May 28, at the Ynares Sports Arena in Pasig City. The Batang Beermen repulsed the Batang Tropang 5G, 65-62, to emerge triumphant in the 13U...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
Batang Talk 'N Text shoots for a sweep to seal the No. 1 seed in the 13U division against fierce rival Batang San Miguel even as the 3x3 division also get the ball rolling in the 2026 Batang PBA on Thursday, May 21, at the Victoria Sports Center in Quezon City. Game time is at 2 p.m. at Court...
San Miguel Global Power Holdings Corp. (SMGP), the energy arm of billionaire Ramon S. Ang’s conglomerate, has accelerated its shift toward cleaner energy, deploying nearly half of the proceeds from its recent ₱30 billion bond issuance to fund solar and hydroelectric developments. In a...
