San Miguel Corp. (SMC) on Friday, Sept.23, broke ground for its P95 billion Pasig River Expressway (PAREX), a 19.37-kilometer, green, hybrid expressway. PAREX Ground Breaking (218) 9-24-2021 The six-lane elevated expressway will run along the banks of the river, from Radial Road 10 in Manila to C-6...
Eagle Cement Corp., a publicly-listed firm controlled by the family of tycoon Ramon S. Ang, is acquiring 100 percent of the capital stock of sister company Solid North Mineral Corp. (SNMC) for P3.57 billion. In a disclosure to the Philippine Stock Exchange, the firm said on Friday, Sept. 24, that...
The government has greenlighted San Miguel Corporation’s (SMC) ₱95-billion Pasig River Expressway (PAREX) project, a 19.37-km, six-lane elevated road, that will run along the banks of the Pasig River. In a statement, SMC said PAREX will start from Radial Road 10 in the City of Manila to C-6...
San Miguel Corporation will soon provide affordable and reliable potable water to more people in Bulacan. In a statement, SMC said it has formalized agreements with seven water districts in the province, to be covered by Stage 3 of its Bulacan Bulk Water Supply Project (BBWSP). 30944 These include...
San Miguel Corporation (SMC) today ( (Sept. 1) announced that the first batch of trains for its MRT-7 project will arrive from South Korea next week, with the entire railway slated to be finished in 2022. SMC-MRT2 The trains, which consist of six cars or two trainsets procured from Hyundai ROTEM,...
San Miguel Corporation (SMC)'s P740-billion New Manila International Airport in Bulacan will be the first "pacesetter for green cities" in the country, addressing social and environmental concerns to be both sustainable and equitable, according to top urban planner Felino “Jun” Palafox Jr....
San Miguel Corporation (SMC) has reached its goal of vaccinating over 80 percent of its workforce nationwide, with more than 56,000 employees and extended workers receiving either their first or second doses of COVID-19 vaccine. This comes after the company’s “Ligtas Lahat” vaccination task...
Hidilyn Diaz and Ramon S. Ang San Miguel Corp. (SMC) President Ramon S. Ang personally handed the P10 million check to weightlifter Hidilyn Diaz as part of her incentive for winning the country’s first Olympic gold medal in the Tokyo Games. The incentive is Ang’s personal gift to Diaz, a...
Photos from AFP San Miguel Corporation (SMC) president Ramon S. Ang has pledged a total of P22 million in incentives to the Tokyo Olympics medalists who carried the Philippines to its greatest performance yet in 97 years of competing in the biggest sporting stage. Ang, a longtime sports patron,...
Diversified conglomerate San Miguel Corporation (SMC) posted a net income of P29.6 billion in the first six months of 2021—a significant turnaround from its P4.0 billion net loss in the same period last year. In a statement, the firm attributed its performance to the robust recoveries posted by...
San Miguel Food and Beverage, Inc. (SMFB) reported that its first half consolidated net income rose 137 percent to P17.36 billion, surpassing pre-pandemic profits in the first half of 2019. In a disclosure to the Philippine Stock Exchange, the firm said this was driven by stronger operating...
San Miguel Corporation (SMC) assures the public that the conglomerate is adequately prepared to supply much-needed food, fuel and power throughout the two-week lockdown aimed at containing surging COVID-19 cases.
SMC President Ramon S. Ang said in a statement that the company is also prepared to...
