The Philippine Amusement and Gaming Corporation (Pagcor) and San Miguel Infrastructure have signed a 25-year lease agreement for the 15-hectare Nayong Pilipino property in Pasay City. In a statement, the government’s gaming regulator said the agreement, formally signed on Dec. 12, 2024, will...
There will be no rest for the weary as Barangay Ginebra takes the hardwood for the third time in five days when it figures in a blockbuster collision against guest team Eastern in the PBA Commissioners’ Cup at the Ynares Center in Antipolo on Sunday, Dec. 15. The Kings gun for their third win...
Christmas came early for San Miguel Beer head coach Leo Austria. The newly reinstalled head coach revealed that he was only informed of his new post during the San Miguel Corporation Christmas party just a day before their Beermen’s game against the Terrafirma Dyip on Friday, Dec. 13. Coach Leo...
The Energy Regulatory Commission (ERC) has approved the 15-year Power Supply Agreement (PSA) between Manuel V. Pangilinan-led Manila Electric Company (Meralco) and Excellent Energy Resources, Inc. (EERI), a subsidiary of SMC Global Power. In a statement on Friday, Dec. 13, ERC Chairman and Chief...
Rain or Shine head coach Yeng Guiao was pretty much satisfied with the efforts of his charges as they caught another big fish in San Miguel despite playing a good stretch without its import due to foul trouble. Deon Thompson was saddled with foul trouble, largely due to defending June Mar Fajardo,...
Rain or Shine only leaned on what they think they do best to beat San Miguel – to run. And behind the signature fast-paced assault, the young legs of the Elasto Painters spelled the difference as they went on a huge fourth quarter breakaway to eke out a 107-93 victory in the PBA Season 49...
San Miguel Corporation (SMC) is set to open new lanes on the South Luzon Expressway (SLEX) next month in a bid to decongest traffic in the area. In a statement, SMC said it will open the new 6x6 lanes of SLEX in the third week of December. The expansion covers a 29-kilometer stretch from Susana...
Bank of Commerce (BankCom), an affiliate of San Miguel Corporation (SMC), posted a 10 percent year-on-year increase in unaudited net income to P2.21 billion in the third quarter of 2024, mainly due to higher revenues. The bank said in a disclosure to the Philippine Stock Exchange (PSE) that this...
Diversified conglomerate San Miguel Corporation (SMC) reported a 19 percent increase in net income to P37.1 billion in the first nine months of 2024, compared to P31.2 billion in the same period last year, driven by strong revenue increases across its diverse businesses. In a statement, the company...
photo: SMC At least eight million tons of silt and waste were removed from 136 kilometers of river systems in...
San Miguel Food and Beverage Inc. (SMFB) posted an 11 percent hike in consolidated net income to P30.4 billion for the first nine months of 2024 due to significant growth registered across all business segments. In a statement, the firm said that, for the period ending Sept. 30, 2024, consolidated...
San Miguel Brewery Inc. (SMB) reported a 36.7 percent increase in net income to P23.4 billion from its Philippine operations in the first nine months of the year. In a statement, the subsidiary of diversified conglomerate San Miguel Corporation said this growth includes dividends of P7.4 billion...
