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 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...
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"...
San Miguel Corp. has increased its holding in Manila Electric Co. (Meralco) after completing another purchase related to a long-stalled share acquisition agreement. In a regulatory filing on Tuesday, Aug. 26, San Miguel Global Power Holdings Corp. (SMGP) announced that it purchased 1.03 million...
Diversified conglomerate San Miguel Corporation is using proceeds of its planned ₱30 billion preferred share offering to refinance at least ₱16.75 billion in short term debt as well as for investments in its airports and tollways businesses. Based on the prospectus, SMC is offering of 266.67...
Five of the country’s most influential business groups commended the initiative of tycoon Ramon Ang to address flooding in Metro Manila at no cost to the government or the public. In a joint statement, the Philippine Chamber of Commerce and Industry (PCCI) and its affiliate organizations, the...
San Miguel Corp.’s (SMC) affiliate Bank of Commerce (BankCom) posted a 31-percent growth in unaudited net income to ₱1.86 billion in the first half of 2025 primarily due to strong revenue growth. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its earnings translated to a...
Diversified conglomerate San Miguel Corp. (SMC) reported that its net income surged fivefold to ₱66.8 billion in the first six months of 2025 from ₱13.6 million in the same period last year, mainly due to one-time gains and the strength of its food, beverages, power, and infrastructure...
Despite the President’s State of the Nation Address (SONA) promise of rate reductions, it seems the only thing “cutting” is the consumer’s wallet, as electric bills continue their relentless upward climb. Realistically, rate reduction is a battle consumers can’t seem to win. It’s like a...
