San Miguel-led New NAIA Infra Corporation (NNIC), the new private operator of the Ninoy Aquino International Airport has launched the official website and social media pages of NAIA as the transformation of the Philippines’ primary gateway begins. The new website, www.newnaia.com.ph, focuses on...
The Ninoy Aquino International Airport (NAIA), notorious for its congestion and delays, is about to get a much-needed facelift. The San Miguel Corp. (SMC) consortium has pledged to revamp the airport and improve the travel experience for millions of passengers. Starting Sept. 14, the SMC-led New...
Petron Corporation, the San Miguel group’s oil and gas subsidiary, has set the initial dividend rate for the P17 billion worth of preferred shares that will be issued after a follow-on offering. In a disclosure to the Philippine Stock Exchange, the firm said the initial dividend rate is 6.8364...
The Philippine Stock Exchange has approved Petron Corporation’s P17 billion follow-on offering of preferred shares which will kick off next week, on September 5, 2024. In a disclosure to the Philippine Stock Exchange, the San Miguel group’s oil and gas subsidiary said it is offering oup to 17...
Diversified conglomerate San Miguel Corporation is planning to invest up to P5 billion to construct a new off-ramp from the NAIA Expressway (NAIAX) to NAIA Terminal 3 to decongest heavy traffic in the area. In an interview with reporters, SMC Chairman and CEO Ramon S. Ang said the cost will range...
San Miguel Foods, a unit of diversified conglomerate San Miguel Corporation, reported that its long-running regenerative agriculture program has yielded over 90,000 metric tons of cassava in the first half of the year, 44 percent higher than in the same period of 2023. In a statement, the firm said...
Diversified conglomerate San Miguel Corporation (SMC) reported a 66 percent surge in net income to P33.5 billion although this excludes unrealized foreign exchange effects. In a disclosure to the Philippine Stock Exchange, the firm said this robust growth demonstrates its financial health and...
San Miguel Food and Beverage Inc. (SMFB), one of the core units of diversified conglomerate San Miguel Corporation, reported that its net income improved by six percent to P20 billion in the first half of 2024, driven by continued business growth. In a disclosure to the Philippine Stock Exchange...
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...
