Diversified conglomerate San Miguel Corporation expects to sustain its growth trajectory seen in the first quarter of the year as new revenue streams are expected to come online. During the firm’s annual stockholders’ meeting, SMC Chairman and CEO Ramon S. Ang stated that the firm’s...
Concepcion Industrial Corporation (CIC), the country’s leading provider of consumer lifestyle and enterprise solutions, is discussing with San Miguel Corporation its possible participation in the rehabilitation of the three terminals of the Ninoy Aquino International Airport. In a discussion with...
San Miguel Corporation 's spirits business Ginebra San Miguel Inc. (GSMI) reported a strong start for 2025 with an 11 percent growth in first quarter net income to ₱2.1 billion from the prior year, despite more challenging market conditions. In a statement, the firm said its consolidated...
The Department of Transportation (DOTr) is looking to cushion the blow for Ramon Ang-led San Miguel Corp. (SMC), which is set to face revenue loss due to the upcoming toll holiday in select segments of Skyway Stage 3 during the rehabilitation of EDSA. In a press briefing on Monday, May 26,...
Diversified conglomerate San Miguel Corporation (SMC) first-quarter earnings almost quintupled to ₱43.4 billion, surging by a sharp 388 percent from ₱8.9 billion a year earlier due to one-time gains from the partial sale of power assets and foreign exchange gains. The firm said its core net...
The Chamber of Commerce of the Philippine Islands (CCPI) celebrated its rich history and future vision on April 30, 2025, at its Intramuros building with the unveiling of its Legacy Book and the presentation of Exemplar Awards to San Miguel Corporation and its president, Ramon S. Ang. The Legacy...
New Naia Infra Corp. (NNIC) has issued formal notices to the owners of 27 aircraft that are left abandoned in the general aviation area of Ninoy Aquino International Airport (NAIA), citing efficiency and safety concerns. In a statement, NNIC said it is in coordination with the Civil Aviation...
One more from San Miguel Corporation Chairman Ramon S. Ang’s brood of eight children is taking a bigger role in the diversified conglomerate. In a disclosure to the Philippine Stock Exchange, Petron Corporation reported that 39-year-old Jacqueline L. Ang is one of the 12 newly-elected members of...
San Miguel Corporation (SMC) affiliate Bank of Commerce (BankCom) achieved a new milestone as its net income hit ₱3.02 billion for the first time, up eight percent from ₱2.8 billion in 2023. The bank said achieving its higher profit since becoming an SMC affiliate shows BankCom’s strong...
Estelito "Titong" Patdu Mendoza From defending powerful tycoons in high-profile corporate battles to serving as the government's chief legal strategist, Estelito Mendoza's career was a tapestry of legal victories and controversies. Mendoza, “Titong” to those who knew him, was a prominent...
Diversified conglomerate San Miguel Corp. (SMC) reported a 22 percent growth in core net income to ₱52.3 billion last year, reflecting strong operational performance, even as its net income declined 18 percent to ₱36.7 billion due to foreign exchange adjustments. In a statement, the firm said...
San Miguel Corporation (SMC) Chairman and CEO Ramon S. Ang’s firstborn John Paul L. Ang has been appointed director of Ginebra San Miguel Inc. due to the vacancy left by Francisco S. Alejo III, who resigned last Jan. 31, 2025. Ang is currently a director and the President and Chief Operating...
