Petron Corp., the Philippines’ sole oil refiner, has procured 2.48 million barrels of Russian crude oil to shore up the country’s fuel stocks following the closure of the Strait of Hormuz and the declaration of a state of national energy emergency. In a disclosure to the Philippine Stock...
What was expected to be a tight showdown between the two All-Filipino Finals rivals turned into a blowout. Bol Bol once again showed he 's head-and-shoulders above the rest — literally and figuratively — leading TNT to a commanding 118-92 victory over San Miguel in the PBA Season 50...
Billionaire Ramon S. Ang is reviving a proposal to sell Petron Corp. back to the government, framing the move as a way to bolster energy security while the nation grapples with a declared national energy emergency. The offer from the San Miguel Corp. chairman and chief executive officer comes as...
San Miguel and TNT figure in a rematch of the All-Filipino Finals as they aim to string together the first win streak in their respective PBA Season 50 Commissioner’s Cup campaigns on Saturday, March 28, at the Smart Araneta Coliseum. With the Tropang 5G boasting towering import Bol Bol, the...
San Miguel finally barged into the win column, escaping Converge, 103-99, in the PBA Season 50 Commissioner’s Cup at the Ynares Center in Antipolo on Wednesday, March 25. Nine-time league Most Valuable Player June Mar Fajardo showed the way for the Beermen with 27 points and 17 rebounds although...
The perennial contenders seeking for breakthrough get the chance to test the mettle of emerging teams as San Miguel locks horns with Converge in the PBA Season 50 Commissioner 's Cup at the Ynares Center in Antipolo on Wednesday, March 25. The Beermen, who opened their campaign on the wrong...
San Miguel Global Power Holdings Corp. won approval from the Securities and Exchange (SEC) Commission to raise as much as ₱30 billion through a bond offering to refinance its debt and bankroll the expansion of its renewable energy portfolio. The regulator’s en banc commissioners rendered the...
San Miguel Corp., the Philippines’ largest conglomerate by sales, reported a 52 percent surge in full-year core net income as improved margins and aggressive cost discipline across its diverse portfolio offset a slight dip in consolidated revenue. Core net income reached ₱79.6 billion in 2025,...
San Miguel Food and Beverage Inc. (SMFB), a core subsidiary of diversified conglomerate San Miguel Corp. (SMC), reported a 13-percent increase in consolidated net income to ₱46.3 billion last year. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, March 10, the firm said growth...
Diversified conglomerate San Miguel Corp. (SMC) expects a stronger performance this year as its portfolio of businesses maintains a trajectory of profitability despite global economic headwinds. SMC Chairman and Chief Executive Officer Ramon S. Ang said in a recent interview that every unit within...
San Miguel Global Power Holdings Corp. (SMGP) has secured the highest possible credit rating for its planned ₱30 billion bond issuance, as the energy giant leverages recovery in earnings and massive expansion pipeline to bolster its financial standing. Philippine Rating Services Corp....
SMC Tollways Corp., the infrastructure arm of San Miguel Corp., reduced its interest-bearing debt through the end of 2024 as rising vehicle traffic across its network of expressways boosted cash flow and fortified its balance sheet. The company’s interest-bearing debt fell 6.1 percent to ₱52.3...
