The collapsed girder of the Skyway extension project in Cupang, Muntinlupa (MCDDRM Rescue Team / MANILA BULLETIN) San Miguel Corporation (SMC), the head of concession holder of the Skyway Extension construction project has vowed to care for the victims of the recent accident that occurred in Bgy....
Uy-led UC Malampaya Philippines Pte. Ltd. is seeking resolution of the P27.3-billion dispute on capacity payments for the 1,200-megawatt Ilijan gas-fired power project; and it formally lodged this concern in a Senate hearing as one of the major issues that the company wants to be accorded with...
San Miguel Corporation (SMC), through its food division San Miguel Foods, has ramped up its local corn purchases, now up 20 percent from September, as part of its commitment to source its raw materials locally. As of now, the company’s total year-to-date corn purchases stand at 524,155 metric...
Diversifying conglomerate San Miguel Corporation (SMC) will install a 200-megawatt solar farm to underpin the energy requirements of its P740-billion Bulacan airport project. The company said it wants that mammoth infrastructure venture to become the showcase of ‘clean energy’ investment...
San Miguel Corporation (SMC) is continuing its efforts to deliver food donations to thousands of families in some 22 provinces and cities ravaged by three sucessive super typhoons, with total donations reaching P15 million to date and rising. “We continue to get appeals for help from so many...
The country’s biggest power generation companies are eyeing to join the competitive selection process (CSP) of Manila Electric Company (Meralco) so they can corner contracts on the utility firm’s future power...
San Miguel Corporation (SMC) has unveiled over the weekend major rail and road networks to be incorporated in its P740-billion Bulacan airport project. “These projects make up the massive infrastructure network that make the airport accessible from Metro Manila and various points of...
Taxation is not causing oil refiners to go out of business, the Duterte administration’s chief economic managers maintained. Finance Secretary Carlos G. Dominguez III...
The power investment unit of San Miguel Corporation (SMC) considerably bucked the odds of electricity demand slump and economic contraction this year, as its three-quarter income climbed by 27-percent to P14.48 billion versus last year’s P11.385 billion in the same period. SMC Global Power...
Diversified conglomerate San Miguel Corporation (SMC) posted a net income of P15 billion for the third quarter of 2020, a full turnaround from the P4.0 billion loss incurred in the first half following the easing of restrictions starting July. Consolidated revenues and operating...
San Miguel Food and Beverage, Inc.( SMFB) reported a 37 percent drop in consolidated net income to P14.36 billion in the first nine months of 2020 from P22.92 billion in the same period last year. In a statement, the firm said its third quarter numbers dramatically improved from the first two...
Diversifying conglomerate San Miguel Corporation indicated that it is still weighing in if it will pursue its intent to join the bidding for the 45-percent stake of Shell Philippines Exploration B.V. (SPEX) in the multi-billion Malampaya deep-water-gas to power project. SMC President and COO Ramon...
