The government has greenlighted San Miguel Corporation’s (SMC) ₱95-billion Pasig River Expressway (PAREX) project, a 19.37-km, six-lane elevated road, that will run along the banks of the Pasig River. In a statement, SMC said PAREX will start from Radial Road 10 in the City of Manila to C-6...
Listed diversified firm San Miguel Corporation (SMC) is targeting to operate the Stage 3 of the P24.4-billion Bulacan Bulk Water Supply Project (BBWSP) by January 2023, following the government approval on the firm’s updated business plan (UBP) for the project. ANGAT DAM “We are targeting the...
Metropolitan Waterworks and Sewerage System (MWSS) has approved the business plan for the third stage of San Miguel Corporation’s (SMC) P24-billion Bulacan Bulk Water Supply Project (BBWSP). According to a statement, the MWSS Board of Trustees already approved the Updated Business Plan (UBP) that...
San Miguel Corporation will soon provide affordable and reliable potable water to more people in Bulacan. In a statement, SMC said it has formalized agreements with seven water districts in the province, to be covered by Stage 3 of its Bulacan Bulk Water Supply Project (BBWSP). 30944 These include...
The first batch of trains that will be deployed for the Metro Rail Transit Line 7 (MRT-7) project is expected to arrive in the country by the first week of September, Department of Transportation (DOTr) Secretary Arthur Tugade said. In a Facebook post, Tugade said these trains, consisting of six...
President Duterte lauded tycoon Ramon Ang for his generosity and all the help he has extended to the government especially during the coronavirus (COVID-19) pandemic. President Duterte with San Miguel Corporation President and COO Ramon Ang (Malacañang photo) Duterte made the statement after...
San Miguel Corporation (SMC) has reached its goal of vaccinating over 80 percent of its workforce nationwide, with more than 56,000 employees and extended workers receiving either their first or second doses of COVID-19 vaccine. This comes after the company’s “Ligtas Lahat” vaccination task...
Top Frontier Investment Holdings Inc., the owner of 67 percent of San Miguel Corporation, reported that its net income soared 802 percent to P28.15 billion in the first half of 2021 from the P4.01 billion net loss suffered in the same period last year. In a disclosure to the Philippine Stock...
Photos from AFP San Miguel Corporation (SMC) president Ramon S. Ang has pledged a total of P22 million in incentives to the Tokyo Olympics medalists who carried the Philippines to its greatest performance yet in 97 years of competing in the biggest sporting stage. Ang, a longtime sports patron,...
Diversified conglomerate San Miguel Corporation (SMC) posted a net income of P29.6 billion in the first six months of 2021—a significant turnaround from its P4.0 billion net loss in the same period last year. In a statement, the firm attributed its performance to the robust recoveries posted by...
San Miguel Corporation (SMC) assures the public that the conglomerate is adequately prepared to supply much-needed food, fuel and power throughout the two-week lockdown aimed at containing surging COVID-19 cases.
SMC President Ramon S. Ang said in a statement that the company is also prepared to...
Photo from AFP A financial windfall awaits Nesthy Petecio even if she fell short in her bid to win the country’s first-ever gold in boxing. At this point, Petecio stands to receive a combined cash incentive of P20 million from the government and those from the private sector plus a condominium...