Rappler's latest stories on SMC
SMC South highways will be toll-free on Christmas Eve, New Year’s Eve
Fees won’t be collected at the toll gates of the following highways: NAIAx, Skyway, SLEX, and Star Tollway
Ramon Ang: SMC can self-finance proposed P700-B Bulacan airport
'If you look at [our] balance sheet and cash flow, we can easily do the airport alone,' says Ssn Miguel Corporation President Ramon Ang
Petron is main income driver of San Miguel in 2017
Petron ends 2017 with a 30% higher net income at P14.1 billion on strong sales volumes from the Philippines and Malaysia
Appetite for chicken, fresh meat boosts San Miguel Pure Foods' income
But its milling business remains affected by the continued deceleration of global wheat prices
PCC approves San Miguel's $1.9-B Masinloc coal power plant acquisition
The Philippine Competition Commission finds that the deal does not result in substantial lessening of competition in the power generation and retail electricity markets
San Miguel raising P30 billion to fund obligations, invest more
The conglomerate has been refinancing its dollar-denominated debts as the peso continues to weaken against the dollar and interest rates rise
Legal battles further delay turnover of coco levy funds to farmers
The Sandiganbayan rules in favor of UCPB and Cocolife's request to be heard despite an earlier Supreme Court decision that there is no need for further hearings
San Miguel to start building Southeast Metro Manila Expressway in April
The Department of Transportation expects travel from Batasan, Quezon City to FTI, Taguig City to take just 35 minutes once the expressway is completed
The Philippines' biggest business deals in 2017
The country's conglomerates have acquired everything from digital payment tech to coal power plants this year, as they acquire the tools they hope will shape the economy’s future
San Miguel buys Masinloc coal power plant for nearly $2 billion
San Miguel Corporation tops other major power players in the Philippines for the facility, which has an installed capacity of 630 megawatts and is set to add another 300 by mid-2019
TPLEX now extended to Pozorrubio in Pangasinan
The new 10.10-kilometer segment is expected to cut the Tarlac-Pozorrubio travel time from 2 hours and 30 minutes to just 45 minutes
Foreign firms eyeing piece of San Miguel's food, beverage unit
This is amid the San Miguel subsidiary's plan to sell up to 30% of its shares, earmarked at $3 billion, mainly through private placements
San Miguel buys Australian firm Best Bottlers
Best Bottlers is the 3rd Australian bottler acquired by San Miguel, after Barossa Bottling and Portavin
San Miguel to merge food, beverage businesses
Shares of San Miguel Pure Foods surge by 50% to P462 apiece on Monday, November 6, following San Miguel Corporation's decision to consolidate its traditional businesses
Globe Telecom Q3 core net income up 11% to P3.23B
The Ayala-led telco’s core net income for the first 9 months of 2017, however, is down 5% to P11.2 billion
San Miguel awaits gov't OK for 3-year toll road network expansion
SMC will expand and extend SLEX, the Skyway system, the NAIA Expressway, and the Southern Tagalog Arterial Road in a bid to decongest traditional chokepoints
Each Marawi hero's family to get P2-M livelihood aid
San Miguel Corporation's Ramon Ang says this is the least the conglomerate can do for the 165 soldiers and policemen who died fighting terrorists in Marawi City
Construction of MRT-LRT common station finally begins
The station linking the MRT7, MRT3, and LRT1 lines is targeted for completion in two and half years, according to the Department of Transportation
San Miguel to build industrial estate in Cebu
The industrial estate in Mandaue City will house a processed foods plant feed mill and port terminal
San Miguel completes new STAR Tollway bridge
The new bridge replaces the 231 meter long bridge along the STAR Tollway which was damaged due to the onslaught of Typhoon Nina Nock ten last December
Top 10 companies 'Filipinos want to work for' in 2017
Jobstreet asks 3 658 Filipinos which company they want to work for Here are the top 10
Forex, telco assets drag San Miguel net income in 1st half of 2017
The diversified conglomerate feels the impact of the Philippine peso depreciation and the absence of the one time gain from its telco assets sale
San Miguel unit eyes 500-MW hydro plant in Tarlac
This comes after the Department of Energy gave Strategic Power Development Corporation the go signal for 3 other projects
San Miguel's latest venture: BMW vehicles
San Miguel Corporation sets up a new unit called SMC Asia Car Distributors Corporation marking its entry into the motoring business
NEDA reviews San Miguel's proposed airport in Bulacan
The NEDA chief however says it is not a priority because they will focus on projects that can be finished within President Rodrigo Duterte s term
San Miguel to venture into electronics manufacturing, clean energy
Ramon Ang says the next step is to produce microchips and other electronics as well as get involved in hydro solar and tidal energy sources
San Miguel to buy stake in BMW supplier in PH
Ramon Ang a known car enthusiast confirms the agreement is set to be finalized in July
San Miguel group to comply with 20% minimum public float
Tycoon Ramon Ang confirms San Miguel Corporation and its unit San Miguel Pure Foods will sell some shares for compliance
San Miguel's P1-trillion petrochem facility to break ground by end-2017
The planned oil refinery will mainly produce petrochemicals with a capacity of 250 000 barrels per day
San Miguel to propose $2-B Metro Manila spillway project
In exchange Ramon Ang wants the government to give San Miguel the right to use waste materials from Laguna de Bay for power generation
San Miguel inks P554-B deal for toll road expansion
The expanded road network will include the extension of the Metro Manila Skyway Stage 3 project and the Metro Manila Expressway
San Miguel wants former Skyway Stage 3 partner arrested
The Ramon Ang led conglomerate alleges Wahono disbursed Citra Metro Manila Tollways Corporation funds without authorization and used them to form another company
#ThewRap: Things you need to know, April 20, 2017
Hello Here are the stories you shouldn t miss this Thursday
PCC takes buyout battle with telcos to Supreme Court
The Philippine Competition Commission wants to be allowed to review the transaction between San Miguel PLDT and Globe
San Miguel may battle with Asahi, Kirin over Vietnam brewer Sabeco
The Philippines most diversified conglomerate will participate in the public bidding for the sale of an 89 59 stake in Sabeco which will be conducted by the Vietnamese government
SMC sets rate for P15B bond offering
Proceeds will be used to settle the conglomerate s 300 million loan with the Bank of Tokyo Mitsubishi UFJ Limited maturing this November
San Miguel grows net income by 80% despite depreciating peso
2016 was a good year for San Miguel due to election related spending good weather conditions stable interest rate and low inflation rate
Bataan community asks Gina Lopez to close SMC coal plant
Residents complain of health problems including skin and respiratory diseases that are allegedly caused by San Miguel Corporation s power plant in Limay
SMC expands presence in Australian wine industry
This is made possible by acquiring 100 shares in Australia s leading independent wine services supplier Portavin
Return coco levy to farmers? Duterte's promise and political will
PART 3: Will the coconut farmers among the country s poorest of the poor finally claim what is rightfully theirs as promised by the President?
Be it Sangley or Bulacan, San Miguel keen on new airport dev't
At the end of the day we will join all of the auctions for projects of the government says San Miguel Corporation president Ramon Ang
The politics of the coco levy scam: From Marcos to Noynoy Aquino
PART 2: More than the long arduous fights in court for the coconut levy funds the main battleground is in Malacañang and Congress where politics comes into play
San Miguel to spend $300M for brewery expansion in CDO, Laguna
The new Cagayan de Oro plant will initially produce about one and a half million hectoliters annually says tycoon Ramon Ang
San Miguel pours P281B in expansion projects
The country s most diversified conglomerate says its toll roads unit accounts for bulk of the pie amounting to P119 billion
Alliance Global allots P1.2B for drug rehab centers
The rehabilitation center to be built in Taguig City will accommodate around 500 drug reformists according to Alliance Global
MVP open to partnering with Sy or Ang for new Manila airport
One thing is sure – the Philippines needs a new airport to ease congestion at the NAIA
IATA to PH gov't: Act on airport proposals now
They ve looked at so many proposals I think it is time to do something Let us make sure it a new international airport is just big enough says a regional director for the International Air Transport Association
San Miguel to raise as much as P60B from new bonds
The diversified conglomerate also posts an increase of over 100 in its net income for the first 9 months of 2016 fueled by the double digit income growth of its core businesses
Joint Senate panel approves coco levy bill for coconut farmers
The bill seeks to create a P75 billion trust fund for coconut farmers and the industry and to provide the framework for its management and use
CA stops PCC review of San Miguel telco buyout deal
UPDATED The Court of Appeals also orders PLDT to post a P1 million cash bond to answer for whatever damages the respondent PCC will suffer should this court decide that PLDT is not entitled to the relief
