Diversified conglomerate San Miguel Corp. (SMC) expects the holiday season to perk up its already high earnings growth rate in the first nine months of 2025. “Despite factors outside our control, we delivered strong results and continued making steady progress on our major projects,” SMC...
San Miguel Food and Beverage Inc. (SMFB), a core unit of diversified conglomerate San Miguel Corp., reported an 11 percent growth in consolidated net income to ₱33.7 billion for the first nine months of 2025, driven by strong performances across its food, beer, and spirits divisions. Consolidated...
San Miguel Corp. 's hard liquor unit booked a consolidated net income of ₱6.35 billion in the first nine months of the year, a 17 percent jump from ₱5.44 billion last year, citing price adjustments. In a disclosure to the Philippine Stock Exchange, Ginebra San Miguel Inc. reported that...
Large-scale water savings achieved through an advanced rainwater harvesting system and state-of-the-art wastewater recycling facilities earned top honors for the Philippine firm, Northern Cement Corp. (NCC), at the 2025 Asian Water Awards. NCC, a subsidiary of San Miguel Corp. (SMC), earned the...
Infrastructure and manufacturing giant San Miguel Corp. (SMC) listed ₱48.86 billion in preferred shares at the Philippine Stock Exchange following the successful completion of its pioneering preferred share exchange offer and public offering. SMC’s ₱18.86 billion exchange offer covered its...
The merger of two businesses is typically driven by the desire to improve efficiency, aiming for better customer service and, of course, greater growth potential. This aspiration has been realized by business stalwarts Ramon “RSA” S. Ang, president and chief executive officer of diversified San...
Diversified conglomerate San Miguel Corp. (SMC) leads the nine Filipino companies included in Forbes Magazine’s World’s Best Employers list this year, which consisted of 900 companies. SMC was ranked at No. 42, the only Philippine company in the top 100, followed by Ayala Corp. (139),...
What used to be a dark stretch of Osmeña Highway in Manila is now brightly lit, following the completion of a major roadway lighting project spearheaded by the City Government of Manila in partnership with San Miguel Corporation (SMC). Under the leadership of Mayor Francisco "Isko Moreno"...
While we 're all busy following the developing stories about the deep-seated corruption in the bureaucracy—both appointed and elected—that has triggered a series of protests, the largest of which is scheduled for this Sunday, San Miguel Corp.-owned New NAIA Infra Corp. (NNIC) quietly...
Police apprehended a 44-year-old member of the Civilian Armed Forces Geographical Unit Active Auxiliary (CAA) in Surigao del Sur wanted for attempted murder. The suspect was arrested in Barangay Tina, San Miguel town, on Sunday, Sept. 14. “The CAA member, who is the Top 2 Most Wanted Person...
The Philippines’ largest business group is calling for a transparent and collaborative process in reviewing the claim filed by a unit of San Miguel Corp. against the country’s main power distributor. In a statement on Wednesday, Sept. 10, the Philippine Chamber of Commerce and Industry (PCCI)...
BMW Philippines has a new man at the helm. SMC Asia Car Distributors Corporation (SMCACD), the exclusive distributor of BMW vehicles in the Philippines, has appointed Jacob Ang as its new President, effective September 1, 2025. He takes over from Spencer Yu, who has led BMW Philippines as president...
