The P63 billion MRT-7 is halfway complete, with civil works now 51.73 percent finished and electrical/mechanical (E&M) works 55.31 percent done. At last, almost two decades after the project's unsolicited proposal was submitted, the MRT-7 is opening next year. SMC president and COO Ramon...
Two subsidiary firms of diversifying conglomerate San Miguel Corporation (SMC) tendered the lowest bid for the competitive selection process (CSP) for the supply of 1,800 MW power capacity to Manila Electric Company (Meralco) over a 20-year year period. The winning SMC companies are...
To speed up work on the Skyway Extension project, San Miguel Corporation (SMC) will close off the Alabang southbound exit toll plaza starting Saturday midnight, February 20, 2021. The Skyway Extension project is a key feature of the 38-kilometer elevated Skyway system, extending it from Skyway Main...
Life, at times, would bring existential twists. And once you are usurped by Divine prerogatives, you can either be knocked down or you can take that injunction of helping others – so they too may live on and thrive. That became the guiding light for billionaire and San Miguel Corporation...
San Miguel Corporation (SMC) announced that it has distributed over 70,000 “nutribuns” to poor communities as part of its ongoing efforts to provide food aid for Filipinos struggling to cope with the impact of the pandemic. “It’s been almost a year since the pandemic started,...
Although cash lanes continue to operate, cashless electronic toll collection for motorists using both the Skyway and the South Luzon Expressway surged 85 per cent, San Miguel Corporation (SMC) today (February 16, 2021) reported. Better yet, Autosweep RFID toll collection improved traffic throughput...
San Miguel Corporation (SMC) is setting the wholesale prices of its pork and chicken products for wet markets at “least cost” to allow distributors and resellers to still make reasonable profits while adhering to government’s 60-day price ceiling in Metro Manila. The company will also...
San Miguel Corporation (SMC) is continuing its pandemic response efforts with its food assistance program for families in the poorest districts of Tondo having reached 55,000 kilos of staple goods. The program, which distributes goods weekly to families since the health crisis struck in March last...
Leading oil firm Petron Corporation rescued the country’s only petroleum refining facility from near-shutdown after securing approval on its application as registered enterprise of the Authority of the Freeport Area of Bataan (AFAB). The non-closure of its refinery business was confirmed by...
San Miguel Corporation (SMC) will charge no toll fees on all its expressways for Christmas and New Year as part of its toll holiday tradition, president and chief operating officer Ramon S. Ang today ( Dec. 23) announced. On these two days, the operator grants motorists temporary free access to its...
The employees of Petron Corporation are pleading for support from the local government of Limay, Bataan so they can save their jobs; and they are likewise pushing for the re-classification of the 180,000 barrels-per-day refinery to become part of the Freeport Area of Bataan (FAB). The latest plan...
San Miguel Corporation (SMC) today (Dec. 1) reported "generally smooth" traffic along its expressways and toll plazas on the first morning of their 100% cashless toll collection. As of 10:45 AM, traffic at the STAR Tollway, Southern Luzon Expressway, the Skyway System, NAIA Expressway, and the...