Business NEWS

State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has rejected the new condition offered by South Premiere Power Corp. (SPPC) in paying ahead its obligations for administering a power plant in Batangas.

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.

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.

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.

Although cash lanes continue to operate, cashless electronic toll collection for motorists using both the Skyway and the South Luzon Expressway surged 85 per cent, San Miguel Corporation (SMC) today (February 16, 2021) reported.

San Miguel Corporation today (February 11) opened two more ramps on Skyway Stage 3 to ease travel within the metropolis.

San Miguel Corporation (SMC) is setting the wholesale prices of its pork and chicken products for wet markets at “least cost” to allow distributors and resellers to still make reasonable profits while adhering to government’s 60-day price ceiling in Metro Manila. 

Monterey is not shutting down its operations despite the move to transform its hog inventory to local raisers, an official from San Miguel Corporation (SMC) said.

Diversified conglomerate San Miguel Corporation (SMC) has launched a seafood processing project in Bulacan, which forms part of the programs that the company started for residents displaced and affected by the forthcoming construction of the P734-billion New Manila International Airport (NMIA) in the province.

San Miguel Corporation (SMC) has launched its community resellers program for former residents of Barangay Taliptip in Bulakan, future site of the P740-billion Manila International Airport project, as part of the company’s continuing livelihood creation and training programs for them and their families.

Despite pending right-of-way (ROW) negotiations, San Miguel Corporation (SMC) has started work on the vital  1.2-kilometer road linking its 18-km Skyway Stage 3 to the ongoing 8-km NLEX connector project.

SMC Global Power Holdings Corporation, the energy investment arm of San Miguel Corporation and Aboitiz Power Corporation, were among the big-ticket players in the power industry that submitted offers in the competitive selection process (CSP) carried out by Manila Electric Company (Meralco) for its power supply agreements (PSAs) that will satiate its future electricity supply requirements.

San Miguel Corporation (SMC) has waived P156 million toll fees for doctors, nurses, laboratory technicians, and other medical workers using its expressways in the past 10 months.

After connecting North and South of Metro Manila with its P70 billion Skyway 3,  San Miguel Corporation (SMC)’s next move is to link East and West of the metropolis via the P95.40 Billion Pasig River Expressway (PAREX).

San Miguel Corporation (SMC) has reached its target 156 Radio Frequency Identification (RFID) stations a week ago (December 29) and will have 100 per cent cashless toll collection on Monday, January 11, SMC president and chief operating officer Ramon S. Ang today (Jan. 5) announced.

Raring to go on the newly opened Skyway Stage 3? Keep these tips in mind when on the elevated expressway.

Year-Ender

San Miguel Corporation (SMC)’s waived toll fees for medical front liners totalled over P138 million as of Sunday, December 20, nine months after implementing the “no toll fees” policy at all its operating expressways and pledged to extend it “indefinitely”.