As the aviation industry stands on the brink of a major transformation, stakeholders are emphasizing the need to adapt to advances in artificial intelligence (AI) and digitalization. With major investments and modernization projects underway, the future of air travel in the Philippines looks...
Diversified conglomerate San Miguel Corporation (SMC) reported a 66 percent surge in net income to P33.5 billion although this excludes unrealized foreign exchange effects. In a disclosure to the Philippine Stock Exchange, the firm said this robust growth demonstrates its financial health and...
San Miguel Corp. (SMC) has warned the public regarding fraudulent schemes that promise job opportunities within the company and its subsidiaries in exchange for payment. In an advisory, SMC’s Corporate Human Resources (CHR) said that neither the conglomerate nor its affiliated companies require...
The Toll Regulatory Board (TRB) said that the Pasig River Expressway (PAREX) project remains on the table following San Miguel Corp.'s commitment to meeting all requirements and addressing environmental concerns. Alvin Carullo, TRB executive director, said San Miguel would comply with the...
Tycoon Ramon S. Ang of San Miguel Corp. (SMC) is joining President Marcos’ economic managers in Tokyo to showcase investment opportunities in the Philippines. Having recently delegated day-to-day management of the country’s most diversified conglomerate to his eldest son, Ang will take part in...
Ang-led San Miguel Corporation kicked off on Tuesday, June 18, 2024, the offering of up to P20 billion in fixed-rate retail bonds after receiving the approval of the Securities and Exchange Commission last June 14. In a disclosure to the Philippine Stock Exchange, the diversified conglomerate said...
Businessman Ramon S. Ang fearlessly tackled the issue of high electricity and fuel prices in the country compared to its neighbors during the Philippine Economic Briefing on Monday, May 27. Ang, widely known as RSA, used the panel discussions at the forum, which included Budget Secretary Amenah...
Ferrari has opened its new permanent home in a state-of-the-art facility in Connecticut Street, in San Juan City. Operated by Ferrari's official importer and distributor in the Philippines, Velocita Motors, Inc., the showroom is envisioned as a dynamic community hub where Ferrari owners can...
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...
San Miguel Corp. (SMC) emerged as Top Employer of the Year at the 2021 Asia CEO Awards—at a time dominated by continuing challenges brought on by the COVID-19 pandemic. In a statement, SMC said it bested other major Philippine conglomerates across several criteria, including outstanding...
San Miguel Corp. (SMC) on Friday, Sept.23, broke ground for its P95 billion Pasig River Expressway (PAREX), a 19.37-kilometer, green, hybrid expressway. PAREX Ground Breaking (218) 9-24-2021 The six-lane elevated expressway will run along the banks of the river, from Radial Road 10 in Manila to C-6...
Listed diversified conglomerate San Miguel Corp. (SMC) has given itself a tap on the back for its ongoing P1-billion river dredging and cleanup initiative, which the company claims to have reduced the flooding in Malabon and other areas in Metro Manila amid the recent heavy rains. In a statement,...