Tycoon Ramon S. Ang of San Miguel Corp. (SMC) is joining President Marcos’ economic managers in Tokyo to showcase investment opportunities in the Philippines. Having recently delegated day-to-day management of the country’s most diversified conglomerate to his eldest son, Ang will take part in...
The proposed merger between Metro Pacific Tollways Corporation and SMC Tollways of San Miguel Corporation may be closed as early as July this year with the signing of a definitive agreement. In an interview at the sidelines of the PLDT annual stockholders’ meeting, Metro Pacific Investments...
Diversified conglomerate San Miguel Corporation is targeting at least double-digit growth in revenue and operating income this year as its businesses continue to expand after the pandemic. SMC President and CEO Ramon S. Ang “As you can see in the first quarter results of the San Miguel...
Businessman Ramon S. Ang fearlessly tackled the issue of high electricity and fuel prices in the country compared to its neighbors during the Philippine Economic Briefing on Monday, May 27. Ang, widely known as RSA, used the panel discussions at the forum, which included Budget Secretary Amenah...
Diversified conglomerate San Miguel Corporation (SMC) reported that its net income surged 61 percent to P14.5 billion (before accounting for foreign exchange adjustments) in the first quarter of 2024 versus the same period last year. In a disclosure to the Philippine Stock Exchange, the firm...
San Miguel Food and Beverage Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported that its consolidated operating income climbed 13 percent to P13.1 billion, fueled by increased sales in its Food and Spirits divisions. Based on its Philippine Stock...
The upturn in sales had propelled 16 percent rise in the first quarter net income of leading player Petron Corporation to P3.93 billion from last year’s three-month outcome of P3.4 billion. Petron indicated that the profitability climb had been registered across operational chains of the...
Diversified conglomerate San Miguel Corporation (SMC) reported that it has achieved a new milestone in its river cleanup advocacy, having removed a total of 6 million metric tons of silt and solid waste from various river systems in and around Metro Manila. In a statement, the firm said this...
Real estate and retail mogul Manuel B. Villar Jr. has been listed as the only Filipino in elite Forbes World’s Billionaires List 2024: The Top 200 as among the planet’s billionaires whose fortunes continue to swell despite war, political unrest, and lingering inflation. Vista Land and...
San Miguel Foods (SMF), a unit of diversified conglomerate San Miguel Corporation (SMC), and the Department of Science and Technology’s Food and Nutrition Research Institute (DOST-FNRI) have partnered to standardize the NutriBun formulation used in government feeding programs. Nutribun is...
Diversified conglomerate San Miguel Corporation (SMC) reported that it has logged its highest water savings yet in five years, under its “Water for All” flagship water sustainability program. In a statement, the firm also reported significant progress in its ongoing massive effort to...
Diversified conglomerate San Miguel Corporation (SMC) is optimistic it will sustain this year’s strong financial performance as its major investments continue to benefit from the country’s economic growth. In a statement, SMC reported a strong performance in 2023 with consolidated net income...
