San Miguel Corporation (SMC), together with Rural Rising Ph (RuRi), has so far rescued over 1.7 million kilograms of fruits and vegetables from farmers struggling to sell their harvests since the pandemic started in 2020. In a statement, SMC said its partnership with RuRi has helped boost incomes...
SMC Infrastructure expects the holiday traffic "exodus" to peak this week and declared a toll holiday for Christmas and New Year. The infrastructure arm of San Miguel Corp. (SMC) is once again waiving all toll fees at the Southern Tagalog Arterial Road (STAR), South Luzon Expressway (SLEX), the...
Eagle Cement Corporation is getting ready for its voluntary delisting from the Philippine Stock Exchange as its public float dropped to less than one percent after San Miguel Corporation acquired P12.61 billion Eagle shares through a tender offer. In a disclosure to the Philippine Stock Exchange,...
Diversified conglomerate San Miguel Corporation (SMC) was named Forbes Magazine’s annual list of the World’s Best Employers which includes 800 firms from some 57 countries. In a statement, SMC said it is number 174 overall, and is one of just two firms based in the Philippines--along with...
SMC Infrastructure on Thursday, December 1, 2022, implemented its “Seamless Southern Tollways” program to eliminate multiple toll stops for northbound and southbound motorists. For years, Southern Luzon-bound motorists stop for toll and encounter traffic buildups at the South Luzon...
Diversified conglomerate San Miguel Corporation (SMC) is ramping up its efforts that will ensure sustainable livelihood and business opportunities for close to 500 families living in Bulakan, Bulacan. In a statement, the firm said it has launched a livelihood center and formally established a...
Diversified conglomerate San Miguel Corporation (SMC) reported a 26 percent growth in consolidated core net income to P43.5 billion in the first nine months of 2022 from the P34.4 billion earned in the same period last year. However, consolidated nine-month net income fell 62 percent to P12.9...
San Miguel Food and Beverage, Inc. (SMFB) posted a 9 percent improvement in consolidated net income to P26.3 billion in the first nine months of the year as it maintained strong growth momentum during the third quarter. In a statemen, the firm said consolidated revenues rose 18 percent year-on-year...
Ginebra San Miguel Inc. (GSMI), San Miguel Corporation’s spirits business, reported a 7 percent improvement in net income to P3.4 billion as it sustained growth momentum in the first nine months of the year. In a statement, GSMI said it posted revenues amounting to P34.5 billion, 12percent higher...
Diversified conglomerate San Miguel Corporation reported a 33 percent drop in consolidated net income to P19.8 billion in the first semester of 2022 from the P29.6 billion registered in the same period last year. In a statement, SMC noted the lingering effects of the pandemic, supply chain...
Finance Secretary Benjamin E. Diokno said the proposed Bulacan Airport City Special Economic Zone and Freeport had carried substantial fiscal risks to the government. In an interview with ANC on Wednesday, July 6, Diokno affirmed former Finance Secretary Carlos G. Dominguez III’s call to the...
San Miguel Corporation (SMC) President and Chief Executive Officer Ramon S. Ang said that if all the issues raised in President Ferdinand Marcos Jr.'s veto could be addressed, the full potential of the Bulacan Airport Economic Zone to generate over $200 billion in export revenues annually, could...
