Diversified conglomerate San Miguel Corporation has invested over P3.05 billion since 2013 to build or help provide new homes for families impacted by natural disasters, and various development projects. In a statement, the firm said that, in the aftermath of typhoons Sendong and Yolanda, it has...
Forbes Asia has released its 2023 list of Heroes of Philanthropy which spotlights 15 philanthropists, including San Miguel Corporation Chief Executive Ramon S. Ang, who have in the past year shown commitment and donated generously to causes close to their hearts. Ang is the only Filipino...
Diversified conglomerate San Miguel Corporation (SMC) has raised P34 billion from the sale of firm offer preferred shares and over-subscription option shares during its follow-on offering (FOO). The Philippine Stock Exchange said SMC formally listed its Series 2-L, 2-N and 2-O preferred shares...
Diversified conglomerate San Miguel Corporation (SMC) climbed 131 spots and surged to number 43 on the annual World’s Best Employers list by Forbes Magazine and research firm Statista. In a statement, SMC said it emerged as the runaway leader among the few Filipino firms that made it to the...
The San Miguel triumvirate of June Mar Fajardo, CJ Perez and import Ivan Aska proved to be too much for the slumping Converge, anchoring a 105-96 victory in the 2023 PBA Commissioner’s Cup at the Tiaong Convention Center in Quezon on Saturday, Nov. 25. All three Beermen breached the 20-point mark...
San Miguel Beer and Converge lock horns in what is expected to be a festive yet fiery first out-of-town game of the 2023 PBA Commissioner’s Cup when the league goes to Tiaong, Quezon on Saturday, Nov. 25. June Mar Fajardo banners an undermanned San Miguel side against the young guns of...
Diversified conglomerate San Miguel Corporation (SMC) and property giant Ayala Land Inc. (ALI) have signed an Integration Agreement to connect ALI’s Arca South on and off ramps into the Skyway system. In a statement, SMC said the connection will be made via the upcoming South East Metro Manila...
Kris Rosales and Thomas Robinson rallied NLEX back from a 19-point deficit before Kevin Alas put on the finishing touches in overtime to spoil San Miguel Beer’s debut with a 117-114 win in the 2023 PBA Commissioner’s Cup at the Ynares Sports Center in Antipolo on Wednesday, Nov. 15. Thomas...
Bank of Commerce (BankCom), an affiliate of San Miguel Corporation (SMC), posted a record net income of P2 billion for the first nine months of 2023, outperforming the full-year 2022 profit of P1.8 billion by 12 percent. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it...
San Miguel Corporation's (SMC) net income for the nine-month period of 2023 soared 141 percent to P31.2 billion from P12.9 billion recorded in the same period last year driven by performance growth across its key subsidiaries. These subsidiaries include Petron Corporation, San Miguel Brewery Inc....
San Miguel Food and Beverage Inc. (SMFB), a core unit of diversified conglomerate San Miguel Corporation, posted a 4.6 percent growth in consolidated net income to P27.5 billion in the first nine months of 2023 from P26.3 billion in the same period last year. In a statement, the firm said it...
San Miguel Brewery Inc. (SMB), San Miguel Corporation’s privately-held brewing unit, reported a 20.2 percent hike in consolidated net income to P19.4 billion in the first nine months of 2023 versus the same period last year. In a statement, the firm said its performance was driven mainly...
