San Miguel Corp. (SMC) reported that its group-wide reforestation initiative nationwide has resulted in the planting of 3.8 million trees since 2019 to date. The conglomerate said in a statement that it has recently completed planting over 26,000 trees in Angat, Bulacan together with the town’s...
San Miguel Corporation (SMC) is ramping up its clean-up of the Tullahan-Tinajeros river system and the Pasig River which will cost it about P3 billion. In a statement, the diversified conglomerate said it is eyeing to remove a total of 1 million tons of silt and solid waste from the...
San Miguel Corporation (SMC) announced that it has so far donated food and water amounting to over P35 million as its response efforts for provinces hit by typhoon Odette continues. This comes as fuel subsidiary Petron Corporation has managed to restore full operations to most of its damaged...
San Miguel Corp. (SMC) has expanded its coastal clean-up drive to Calatagan and Balayan in Batangas, even as it prepares to start cleaning up the heavily-polluted Marilao-Meycauayan-Obando river system (MMORS) in Bulacan. In a statement, SMC said a total of 1,340 bags full of garbage were initially...
San Miguel Corporation (SMC) has activated its network in the Visayas and Mindanao regions to deliver truckloads of food to Odette-hit areas worth a total of P30 million so far. In a statement, the conglomerate said it has also dispatched fuel stocks at its Petron installations and, where possible,...
After almost two decades, the Metro Rail Transit Line 7 (MRT-7) that would link Quezon City to Bulacan is now on track for completion as the government is committed to make the rail line operational by the fourth quarter of 2022. (Photo from Department of Transportation) This, after President...
Bank of Commerce (BankCom), an affiliate of San Miguel Corporation, is planning to raise up to P4 billion from a planned initial public offering next year. Based on the draft prospectus filed with the Securities and Exchange Commission, the bank is planning to offer up to 280.6 million common...
Diversified conglomerate San Miguel Corporation has filed with the Securities and Exchange Commission a Registration Statement and Preliminary Prospectus for the shelf registration of P60-billion worth of Fixed Rate Bonds. In a disclosure to the Philippine Stock Exchange, the firm said the bonds...
San Miguel Corp.’s Luzon Clean Water Development Corporation (LCWDC) was cleared to increase water rates in areas covered by the Bulacan Bulk Water Supply Project (BBWSP). In a statement, Metropolitan Waterworks and Sewerage System (MWSS) announced that LCWD will impose a P0.35 centavos per cubic...
After the lockdown cut off farmers’ access to markets, San Miguel rolled out programs to preserve harvests, increase farm incomes, and create sustainable opportunities in food production When Luzon was placed under enhanced community quarantine in mid-March 2020, among the first voices heard from...
House Assistant Majority Leader and Cebu Representative Eduardo Gullas on Friday rejected the offer of San Miguel Corporation chief executive Ramon Ang to sell Petron Corp. back to the government through a five-year installment payment scheme. "Thanks, but no thanks. Business tycoon Ramon Ang can...
Diversified conglomerate San Miguel Corporation (SMC) more than tripled its consolidated net income to P34.2 billion in the first nine months of 2021 compared to the P10.7 billion earned in the same period last year. 45332 In a statement, the firm said higher profits came as SMC continued its...
