San Miguel Corporation reported that over 100 former residents of its Bulacan airport site are eyeing to become micro entrepreneurs under a program it announced recently. SMC said it will provide the former Taliptip coastal residence with training and capital to become the company’s business...
Ramon S. Ang, president and CEO of the Petron Corporation, said the oil firm will continue to incur financial losses this year that would delay its recovery as the rising COVID-19 cases will again cripple demand for petroleum products. Ramon S. Ang, president and CEO of the Petron Corporation...
Diversified conglomerate San Miguel Corporation (SMC) has decided not to submit a tender for the 45-percent stake in the multi-billion Malampaya gas field venture that is currently being unloaded by Shell Philippines Exploration B.V. (SPEX), the operator of the facility which is a subsidiary-firm...
San Miguel Food and Beverage, Inc. reported a 30 percent drop in consolidated profits last year to P22.4 billion from P32.3 billion in 2019 but noted a rebound starting the second half of 2020. SMC president and COO Ramon S. Ang In a statement, SMFB said consolidated revenues were down 10 percent...
San Miguel Corporation (SMC) announced that it is starting to clean and widen the Pasig River in April with the arrival of two new dredging equipment capable of pulling out 600,000 tons of silt and solid waste a year for the next five years. “Through the years, Pasig River has become...
San Miguel Corporation (SMC) continues to help fisherfolk relocatees at its new sustainable, disaster-resilient community in Sariaya, Quezon sustain their livelihood, by turning over to them 36 fishing boats. The firm said the donation will benefit some 69 fishermen, who used to live in at-risk...
The number of vehicles with Autosweep Radio Frequency Identification (RFID) tags have doubled to 2.7 million todate and still increasing, San Miguel Corporation (SMC) Wednesday, (Feb. 24) announced. From 2015 to 2019, motorists with RFID tags numbered 1.3 million, by comparison. “More and more...
San Miguel Corporation (SMC) is spending close to P1 billion for a program to vaccinate all its 70,000 employees and extended workforce for free and help the country in its effort to build a collective defense against COVID-19. In a statement, Tuesday, (Feb. 23), the firm said it has secured...
The P63 billion MRT-7 is halfway complete, with civil works now 51.73 percent finished and electrical/mechanical (E&M) works 55.31 percent done. At last, almost two decades after the project's unsolicited proposal was submitted, the MRT-7 is opening next year. SMC president and COO Ramon...
Two subsidiary firms of diversifying conglomerate San Miguel Corporation (SMC) tendered the lowest bid for the competitive selection process (CSP) for the supply of 1,800 MW power capacity to Manila Electric Company (Meralco) over a 20-year year period. The winning SMC companies are...
To speed up work on the Skyway Extension project, San Miguel Corporation (SMC) will close off the Alabang southbound exit toll plaza starting Saturday midnight, February 20, 2021. The Skyway Extension project is a key feature of the 38-kilometer elevated Skyway system, extending it from Skyway Main...
Life, at times, would bring existential twists. And once you are usurped by Divine prerogatives, you can either be knocked down or you can take that injunction of helping others – so they too may live on and thrive. That became the guiding light for billionaire and San Miguel Corporation...
