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...
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...
Magnolia, the iconic Filipino brand known for its dairy and chicken products, celebrated its 100th anniversary on August 4, reaffirming its commitment to offering quality products while supporting small businesses, retailers, and local producers. Founded in 1925 and acquired by San Miguel Brewery,...
After more than a decade, tycoon Ramon S. Ang is back as a shareholder in power distributor Manila Electric Co. (Meralco). In a disclosure to the Philippine Stock Exchange on Wednesday, July 23, Ang-led San Miguel Corp. (SMC) confirmed reports that its unit, SMC Global Power Holdings (formerly...
Ramon S. Ang-led San Miguel Corp. (SMC) is set to build a new passenger terminal at Godofredo P. Ramos Airport in Caticlan, the main gateway to Boracay Island, which is expected to increase the airport’s capacity to seven million passengers starting 2027. President Ferdinand “Bongbong” Marcos...
The joint expressway project of Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) in Southern Tagalog is set to begin construction soon, even as merger talks between the tollway giants remain on the backburner. MPTC Chairman Manuel V. Pangilinan said the two companies have...
South Korea’s national railway operator Korea Railroad Corp. (KORAIL) has inked an agreement to provide technical support for the operations and maintenance (O&M) of Metro Rail Transit Line 7 (MRT‑7) as the project targets 2026 for full operations. SMC MRT-7 Corp., a wholly owned...
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...
State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding...
San Miguel Corp. (SMC) has opened a new northbound exit at the Maria Clara Road in its Skyway Stage 3 project in Quezon City to alleviate traffic congestion at the Quezon Avenue exit. In a statement, SMC said the new exit, which opened at 6:00 AM on Saturday, Dec. 28, is expected to improve traffic...
Conglomerate San Miguel Corporation (SMC) is set to waive fees for its expressway network on Christmas and New Year's eve. In a statement on Friday, Dec. 20, SMC said it will waive toll from 10pm on December 24 to 6am of December 25, and from 10pm on December 31 to 6am of January 1 across the...