Diversified conglomerate San Miguel Corporation emerged as the leader among 38 Philippine firms in terms of revenues and as the only one among the top 10 in the first Fortune Southeast Asia 500 list. “The Fortune Southeast Asia 500 debuts right as global business is starting...
The proposed merger between Metro Pacific Tollways Corporation and SMC Tollways of San Miguel Corporation may be closed as early as July this year with the signing of a definitive agreement. In an interview at the sidelines of the PLDT annual stockholders’ meeting, Metro Pacific Investments...
Diversified conglomerate San Miguel Corporation is targeting at least double-digit growth in revenue and operating income this year as its businesses continue to expand after the pandemic. SMC President and CEO Ramon S. Ang “As you can see in the first quarter results of the San Miguel...
SMFB to grow beer, liquor businesses By James A. Loyola San Miguel Food and Beverage Inc. (SMFB), a subsidiary of diversified conglomerate San Miguel Corporation, is confident of boosting sales growth for its beer and liquor businesses. During the firm’s annual stockholders’...
Ginebra San Miguel Inc. (GSMI), the hard liquor arm of San Miguel Corporation (SMC), reported a 17 percent year-on-year growth in consolidated revenues to P15.1 billion in the first quarter of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has sustained its momentum...
Diversified conglomerate San Miguel Corporation (SMC) reported that its net income surged 61 percent to P14.5 billion (before accounting for foreign exchange adjustments) in the first quarter of 2024 versus the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
Bank of Commerce (BankCom), an affiliate of diversified conglomerate San Miguel Corporation, has successfully raised P6.57 billion from its public offer of Peso bonds (Series B Bonds) at the close of the offer period on May 9, 2024. In a disclosure to the Philippine Stock Exchange, the bank said...
Diversified conglomerate San Miguel Corporation (SMC) reported that it has achieved a new milestone in its river cleanup advocacy, having removed a total of 6 million metric tons of silt and solid waste from various river systems in and around Metro Manila. In a statement, the firm said this...
Diversified conglomerate San Miguel Corporation’s (SMC) planned P20-billion bond issuance has been assigned the highest PRS Aaa, with a Stable Outlook, Issue Credit Rating by the Philippine Rating Services Corporation (PhilRatings). PhilRatings said in a statement that it also maintained its...
Diversified conglomerate San Miguel Corporation is planning to raise P20 billion from the offering and issuance of fixed rate Peso-denominated bonds. In a disclosure to the Philippine Stock Exchange, the bonds will be issued out of the remainder of its existing P50 billion shelf-registered...
Petron Corporation, the Philippines’ largest oil company, has retained the highest Issue Credit Rating of PRS Aaa with a Stable Outlook from Philippine Rating Services Corporation (PhilRatings) for its outstanding bonds worth P38.0 billion. Obligations rated PRS Aaa are of the highest...
San Miguel Foods (SMF), a unit of diversified conglomerate San Miguel Corporation (SMC), and the Department of Science and Technology’s Food and Nutrition Research Institute (DOST-FNRI) have partnered to standardize the NutriBun formulation used in government feeding programs. Nutribun is...
