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. The bank raised P3.36 billion from its IPO which...
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. In a statement, SMC President and Chief Operating Officer Ramon S. Ang said the 19.37-kilometer road will link...
SMC President and CEO Ramon S. Ang 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. "For close to three years now, we have also been...
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. In a statement, the BankCom said it has just completed systems upgrade of key services including treasury, trust banking and...
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. In a disclosure to the Philippine Stock Exchange, the conglomerate said its group-wide revenues rose 30 percent to P941.2 billion, driven by higher...
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. In a statement, SMC said its aim is to reduce reliance on imports and avoid delays in...
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. The conglomerate said in a statement that it has recently completed planting over 26,000 trees in Angat, Bulacan together with the town’s...
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. In a statement, the diversified conglomerate said it is eyeing to remove a total of 1 million tons of silt and solid waste from the...
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. This comes as fuel subsidiary Petron Corporation has managed to restore full operations to most of its damaged...
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. In a statement, SMC said a total of 1,340 bags full of garbage were initially...
The New Year is upon us. On the crystal surface of the champagne we drank on New Year’s Eve, have we seen enough of ourselves to help us kick old habits, strengthen parts of us that had been weak, turn a new leaf, hug our enemies, and keep abusive, toxic people we loved at a distance? But...
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. In a statement, the conglomerate said it has also dispatched fuel stocks at its Petron installations and, where possible,...
