The joint expressway project of Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) in Southern Tagalog is set to begin construction soon, even as merger talks between the tollway giants remain on the backburner.MPTC Chairman Manuel V. Pangilinan said the two companies have agreed...
South Korea’s national railway operator Korea Railroad Corp. (KORAIL) has inked an agreement to provide technical support for the operations and maintenance (O&M) of Metro Rail Transit Line 7 (MRT‑7) as the project targets 2026 for full operations.SMC MRT-7 Corp., a wholly owned...
SMC Infrastructure said it has rolled out preparations for the anticipated surge in vehicular traffic along its expressways, as thousands of Filipinos leave Metro Manila and head to the provinces for the observance of Holy Week.The company said it has put in place traffic management plans for its...
Could this be a case of “better to laugh with the sinners than weep with the saints?” Too bad for consumers—no laughter here, only swelling bills and bitter tears!Back in November 2022, the Energy Regulatory Commission (ERC) slammed the door on the ₱5.2-billion rate hike plea of SMC Global...
San Miguel Corporation (SMC) President and Chief Executive Officer Ramon S. Ang has issued a public warning about a deepfake video that falsely depicts him endorsing an investment opportunity.Ang on Monday, Feb. 17, took to Facebook to denounce the fraudulent video, explaining that scammers used an...
State-run Philippine National Oil Company (PNOC) has firmly stipulated in a motion for reconsideration filed with the Supreme Court that the exclusion of land assets from the Petron Corporation shares sale is not just a legal and Constitutional nuance but a safeguard of sovereign assets, shielding...
Diversified conglomerate San Miguel Corporation (SMC) announced the retirement of its long-time Chief Finance Officer and Treasurer, Ferdinand K. Constantino, effective Feb. 1, 2025.In a disclosure to the Philippine Stock Exchange (PSE), the Ramon S. Ang-led conglomerate said Constantino will be...
San Miguel Corp. (SMC) has opened a new northbound exit at the Maria Clara Road in its Skyway Stage 3 project in Quezon City to alleviate traffic congestion at the Quezon Avenue exit.In a statement, SMC said the new exit, which opened at 6:00 AM on Saturday, Dec. 28, is expected to improve traffic...
Conglomerate San Miguel Corporation (SMC) is set to waive fees for its expressway network on Christmas and New Year's eve.In a statement on Friday, Dec. 20, SMC said it will waive toll from 10pm on December 24 to 6am of December 25, and from 10pm on December 31 to 6am of January 1 across the Skyway...
The key players in the country's gas-to-power industry are exploring interconnecting their pipeline facilities to share liquefied natural gas (LNG) imports, a lifeline designed to neutralize potential fuel supply disruptions and ensure steady electricity generation from gas-fed plants.In an...
The Philippine Amusement and Gaming Corporation (Pagcor) and San Miguel Infrastructure have signed a 25-year lease agreement for the 15-hectare Nayong Pilipino property in Pasay City.In a statement, the government’s gaming regulator said the agreement, formally signed on Dec. 12, 2024, will allow...
The Energy Regulatory Commission (ERC) has approved the 15-year Power Supply Agreement (PSA) between Manuel V. Pangilinan-led Manila Electric Company (Meralco) and Excellent Energy Resources, Inc. (EERI), a subsidiary of SMC Global Power.In a statement on Friday, Dec. 13, ERC Chairman and Chief...
