Business NEWS

Diversified conglomerate San Miguel Corporation posted a 19 percent drop in net income to P13.94 billion in the first quarter of 2022 from P17.17 billion in the same period last year due to non-recurring items.

San Miguel Food and Beverage, Inc. reported a 5 percent decline in consolidated net income to P9.2 billion in the first quarter of 2022 from P9.7 billion in the same period last year.

Bank of Commerce (BankCom), an affiliate of San Miguel Corporation (SMC), successfully debuted at the Philippine Stock Exchange (PSE) with its share price closing at P12.22 each, 1.83 percent higher than its initial public offering price of P12.00.

Diversified conglomerate San Miguel Corporation (SMC) said it remained committed to build the P95-billion Pasig River Expressway (PAREX) as a safe, reliable and sustainable infrastructure.

San Miguel Corporation (SMC), through San Miguel Aerocity Inc.(SMAI), is rolling out more livelihood projects for communities around the site of its New Manila International Airport (NMIA) project in Bulacan.

Bank of Commerce (BankCom), an affiliate of San Miguel Corp. (SMC), is ramping up investment in technologies to optimize operations and further improve customer experience.

San Miguel Corporation reported a 120 percent surge in consolidated net income last year to P48.2 billion, which is at par with pre-pandemic levels.

San Miguel Corporation (SMC) is planning to double the capacity of its P10-billion advanced cement manufacturing facility in Davao to 100 million bags after it starts full commercial operations later this year.

San Miguel Corp. (SMC) reported that its group-wide reforestation initiative nationwide has resulted in the planting of 3.8 million trees since 2019 to date.

San Miguel Corporation (SMC) is ramping up its clean-up of the Tullahan-Tinajeros river system and the Pasig River which will cost it about P3 billion.

San Miguel Corporation (SMC) announced that it has so far donated food and water amounting to over P35 million as its response efforts for provinces hit by typhoon Odette continues.

San Miguel Corp. (SMC) has expanded its coastal clean-up drive to Calatagan and Balayan in Batangas, even as it prepares to start cleaning up the heavily-polluted Marilao-Meycauayan-Obando river system (MMORS) in Bulacan.

Leaders and idols about their fervent wishes for this New Year.

San Miguel Corporation (SMC) has activated its network in the Visayas and Mindanao regions to deliver truckloads of food to Odette-hit areas worth a total of P30 million so far.

After almost two decades, the Metro Rail Transit Line 7 (MRT-7) that would link Quezon City to Bulacan is now on track for completion as the government is committed to make the rail line operational by the fourth quarter of 2022.

After the lockdown cut off farmers’ access to markets, San Miguel rolled out programs to preserve harvests, increase farm incomes, and create sustainable opportunities in food production

House Assistant Majority Leader and Cebu Representative Eduardo Gullas on Friday rejected the offer of San Miguel Corporation chief executive Ramon Ang to sell Petron Corp. back to the government through a five-year installment payment scheme.

Diversified conglomerate San Miguel Corporation (SMC) more than tripled its consolidated net income to P34.2 billion in the first nine months of 2021 compared to the P10.7 billion earned in the same period last year.