San Miguel Corporation
ARTICLE FINDER

After a decade, construction of MRT-LRT Common Station to begin in September

Sep 19, 2017 - 9:10 PM

The coveted project has seen 3 transportation secretaries come and go. Finally, the construction will start on September 29.

San Miguel to build industrial estate in Cebu

Sep 07, 2017 - 7:27 PM

The industrial estate in Mandaue City will house a processed foods plant feed mill and port terminal

KEY INVESTMENT. 'This major development is an important part of San Miguel's current expansion in key regions nationwide,' SMC chief Ramon Ang says. Photo by Martin San Diego/Rappler

Youth orchestra eyed to keep kids off Lipa streets

Sep 03, 2017 - 8:02 AM

This pitch by a youth group – Project Gifted – wins P25 000 at the Office of the Vice President s Angat Buhay Youth Summit

San Miguel completes new STAR Tollway bridge

Aug 30, 2017 - 6:15 PM

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

NEW BRIDGE. STAR Tollway has 6 interchanges and starts at the intersection of Maharlika Highway and the South Luzon Expressway in Sto. Tomas, Batangas; and runs south to Batangas City. It connects directly to the Diversion Road leading to the Batangas International Port. Photo from www.sanmiguel.com.ph

Top 10 companies 'Filipinos want to work for' in 2017

Aug 30, 2017 - 3:40 PM

Jobstreet asks 3 658 Filipinos which company they want to work for Here are the top 10

TOP EMPLOYER. In the latest Jobstreet.com survey, Meralco ranks best in job security, in work-life balance, and in benefits. Rappler graphic by Emil Mercado

How Ramon Ang became Philippines' 10th richest man in 2017

Aug 25, 2017 - 8:00 AM

In just a year s time the chief of the country s most diversified conglomerate San Miguel Corporation nearly doubles his fortune to 2 3 billion

BIG GAIN. In Forbes Asia's 2017 list of the country's 50 wealthiest people, Ang almost doubled his net worth in just a year's time to $2.3 billion (10th spot), from $1.21 billion in 2016 (16th spot). Rappler infographics

Forex, telco assets drag San Miguel net income in 1st half of 2017

Aug 10, 2017 - 10:20 PM

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

Aug 02, 2017 - 4:13 PM

This comes after the Department of Energy gave Strategic Power Development Corporation the go signal for 3 other projects

ANOTHER VENTURE. This is one of San Miguel's power plants. Image of Ilijan Power Plant from http://www.sanmiguel.com.ph/

Meet Ramon Ang, Filipino billionaire and Duterte's friend

Jul 23, 2017 - 9:58 PM

As Ramon Ang aggressively expands his businesses he stays on the good side of President Rodrigo Duterte through his philanthropy and campaign donations

FRIEND. President Rodrigo Duterte (left) sees Ramon Ang (right), chief of San Miguel Corporation, as his fast friend

Pangilinan, PSG, Trump and Putin | Midday wRap

Jul 19, 2017 - 1:49 PM

Watch the midday newscast with Marguerite de Leon

San Miguel's latest venture: BMW vehicles

Jul 18, 2017 - 5:30 PM

San Miguel Corporation sets up a new unit called SMC Asia Car Distributors Corporation marking its entry into the motoring business

MOTORING BUSINESS. The diversified conglomerate led by Ramon Ang says SMC Asia Car will be 65% owned by San Miguel, while the remaining will be owned by Jose Alvarez. Photo by Alecs Ongcal/Rappler

NEDA reviews San Miguel's proposed airport in Bulacan

Jul 17, 2017 - 12:35 AM

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

BACK BURNER. However, NEDA chief Ernesto Pernia says his office will focus on projects that can be completed in 3-6 years' time. Presidential Photo

San Miguel to venture into electronics manufacturing, clean energy

Jul 12, 2017 - 8:35 PM

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

DIVERSIFY. Aside from clean energy, San Miguel is also studying plans to venture into electronics manufacturing, which deliver high margin for the conglomerate. Rappler file photo

San Miguel to buy stake in BMW supplier in PH

Jul 06, 2017 - 5:21 PM

Ramon Ang a known car enthusiast confirms the agreement is set to be finalized in July

NEW VENTURE. San Miguel confirms its officials were invited by Palawan Governor and businessman Jose Alvarez to acquire majority stake in Asian Carmakers. Rappler file photo

Proposed SEC rule to hit San Miguel, PAL Holdings, Andrew Tan firms

Jun 17, 2017 - 10:49 AM

About 68 listed Philippine firms including 4 Andrew Tan led businesses will need to sell more shares to the public if SEC hikes the minimum public float to 20

RAISE. The SEC proposed to double the minimum public float level to 20% by July 1, 2017.

San Miguel group to comply with 20% minimum public float

Jun 15, 2017 - 5:10 PM

Tycoon Ramon Ang confirms San Miguel Corporation and its unit San Miguel Pure Foods will sell some shares for compliance

TO COMPLY. San Miguel's public float is currently at 15.27%, while San Miguel Pure Foods' free float is at 14.61%. File photo by AFP

How PH's top antitrust official is guarding market competition

Jun 15, 2017 - 10:00 AM

Arsenio Balisacan the first chairperson of the Philippine Competition Commission says he is not one to run away from challenges

ACADEMIC STAR. Arsenio Balisacan considers his role as the first chairman of Philippine Competition Commission one of the biggest challenges in his life. Photo by Chrisee Dela Paz/Rappler

San Miguel's P1-trillion petrochem facility to break ground by end-2017

Jun 13, 2017 - 7:10 PM

The planned oil refinery will mainly produce petrochemicals with a capacity of 250 000 barrels per day

BIGGEST. Ramon Ang, president of San Miguel Corp, expects to break ground its biggest single investment to date in 6 months' time. Photo by Martin San Diego/Rappler

PLDT, Globe payment to SMC can preempt court rulings, says gov't

May 31, 2017 - 4:59 PM

On May 30 PLDT and Globe complete the P69 1 B payment to San Miguel PCC says this is meant to preempt the appellate court and Supreme Court rulings

FIGHT HARD. '[We] will not back down or be intimidated by companies who have grown accustomed to unregulated business practices that hamper competition and ultimately hurt consumers,' PCC chief Arsenio Balisacan says. Rappler file photo

San Miguel to propose $2-B Metro Manila spillway project

May 29, 2017 - 7:40 PM

In exchange Ramon Ang wants the government to give San Miguel the right to use waste materials from Laguna de Bay for power generation

FLOOD CONTROL. To be built at no cost to the government, Ang says he will push through with it if the government will give San Miguel the right to use the waste materials for its planned power generation capacity. Rappler file photo

#ThewRap: Videos you need to watch this week, May 15-21, 2017

May 21, 2017 - 2:00 PM

Must watch videos from this week

Tardy Ramon Ang makes Duterte wait for 10 minutes

May 20, 2017 - 7:27 AM

The President himself asks the audience at a housing project event to be patient and takes it upon himself to regale them until Ang arrives

San Miguel wants former Skyway Stage 3 partner arrested

Apr 26, 2017 - 8:45 AM

The Ramon Ang led conglomerate alleges Wahono disbursed Citra Metro Manila Tollways Corporation funds without authorization and used them to form another company

LEGAL BATTLE. San Miguel chief Ramon Ang wants former business partner in Skyway Stage 3, Wahono, arrested. Photo by Martin San Diego/Rappler

12 ASEAN brands that have gone global

Apr 24, 2017 - 10:00 AM

Some familiar brands in the Southeast Asian region are making their mark around the world

GOING GLOBAL. Take a look at some the regional brands that now have a global presence.

#ThewRap: Things you need to know, April 20, 2017

Apr 20, 2017 - 11:30 AM

Hello Here are the stories you shouldn t miss this Thursday

PCC takes buyout battle with telcos to Supreme Court

Apr 19, 2017 - 3:55 PM

The Philippine Competition Commission wants to be allowed to review the transaction between San Miguel PLDT and Globe

GOES TO HIGH COURT. PCC Chairman Arsenio Balisacan (extreme left) announces the Office of the Solicitor General (OSG) filed on behalf of the PCC last Tuesday, April 18 a petition before SC to lift injunction on telco review. Photo by Chrisee Dela Paz/Rappler

San Miguel may battle with Asahi, Kirin over Vietnam brewer Sabeco

Apr 04, 2017 - 8:45 PM

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

TAPS THE KEG. San Miguel is not the only brewer that has set it sights on Sabeco. Nikkei Asian Review reports that Asahi and Kirin are also interested. Rappler file photo

SMC sets rate for P15B bond offering

Mar 20, 2017 - 8:00 PM

Proceeds will be used to settle the conglomerate s 300 million loan with the Bank of Tokyo Mitsubishi UFJ Limited maturing this November

LARGEST. In only 4 years, San Miguel Corporation's Global Power Holdings has become one of the largest independent power generation companies in the country, with an installed capacity of 2,545 megawatts. Rappler file photo

San Miguel grows net income by 80% despite depreciating peso

Mar 16, 2017 - 5:30 PM

2016 was a good year for San Miguel due to election related spending good weather conditions stable interest rate and low inflation rate

BUILDING MOMENTUM. 'We’re very encouraged by the company’s strong performance in 2016 and we are determined to build on this momentum by investing in our brands,' SMC chief Ramon Ang says. Photo by Martin San Diego/Rappler

CA denies PCC plea to lift TRO on San Miguel buyout review

Mar 02, 2017 - 1:19 PM

The CA s Special 12th Division orders the PCC to remove from its website its preliminary statement of concern containing an initial finding that the deal is likely to substantially prevent restrict and lessen competition in the telco industry

KEY PLAYERS. (from left) PLDT head Manuel V. Pangilinan, Philippine Competition Commission Chairman Arsenio Balisacan, and Globe chief Ernest Cu are at an impasse over the San Miguel telco buyout. File photos

ARRC to gov't: Bid out operations, maintenance of Clark airport, not NAIA

Feb 16, 2017 - 6:30 PM

The consortium says privatizing the operations maintenance and upgrade of NAIA would discourage the construction of a new airport

PRIVATE HANDS. The consortium of Solar group's Wilson Tieng and Sy-led Belle Corporation wants the upgrade works of the airport to be handled by private sector. Image from Clark International Airport website

Bataan community asks Gina Lopez to close SMC coal plant

Feb 15, 2017 - 10:25 PM

Residents complain of health problems including skin and respiratory diseases that are allegedly caused by San Miguel Corporation s power plant in Limay

Senators convinced 'best' location achieved for MRT-LRT common station

Feb 13, 2017 - 7:00 PM

But the Senate committee wants someone to be held liable for the P200 million naming rights contract of SM Prime which caused the almost 8 year delay of the project

PROBE INTO COMMON STATION. Senator Grace Poe, chair of the Committee on Public Services on Monday, February 13, 2017, leads probe into the MRT-LRT Common Station deal. Senators JV Ejercito and Sherwin Gatchalian also attended the hearing. PRIB Photo by Cesar Tomambo.

SMC expands presence in Australian wine industry

Feb 06, 2017 - 2:31 PM

This is made possible by acquiring 100 shares in Australia s leading independent wine services supplier Portavin

BANKS ON THIRST. Australia's overall wine exports grew 7% to $2.2 billion in 2016 and expects momentum to continue this year, driven by China's increasing thirst for premium wines. Rappler file photo

Alvarez slams bidding process of 5 PPP regional airport deals

Jan 27, 2017 - 7:26 PM

Speaker Pantaleon Alvarez says the operations and maintenance scheme to be implemented for the 5 airports may unnecessarily tie the government s hands

QUESTIONING THE DOTR. Speaker Pantaleon Alvarez continues criticizing the moves of the Department of Transportation.

1st PPP rolled out under Duterte: 5 regional airports

Jan 24, 2017 - 2:49 PM

Even if these regional airport PPP deals were unbundled they continue to lure big investors

1ST PPP CALL. These 5 airport PPP deals – cumulatively worth some P108.9 billion – were previously rolled out under the administration of former president Benigno Aquino III. Rappler file photo

Return coco levy to farmers? Duterte's promise and political will

Jan 23, 2017 - 4:30 PM

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?

CAMPAIGN PROMISE. Then presidential candidate Rodrigo Duterte signs a manifesto promising coconut farmers they will benefit from the coco levy funds within his first 100 days in office. File photo by Pia Ranada/Rappler

Be it Sangley or Bulacan, San Miguel keen on new airport dev't

Jan 23, 2017 - 1:00 PM

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

GOVERNMENT AUCTION.'At the end of the day, we will join all of the auction for projects of the government,' SMC chief Ramon Ang says. Photo by Martin San Diego/Rappler

The politics of the coco levy scam: From Marcos to Noynoy Aquino

Jan 22, 2017 - 11:00 AM

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

POLITICS. The long battle for the coco levy funds is not limited to courts, with politics getting in the way of coconut farmers and their beneficiaries.

San Miguel to spend $300M for brewery expansion in CDO, Laguna

Jan 18, 2017 - 8:00 PM

The new Cagayan de Oro plant will initially produce about one and a half million hectoliters annually says tycoon Ramon Ang

NEW PLANT. 'We will ground break soon,' SMC's Ramon Ang says about its new bottling and brewery plant in Cagayan de Oro City. Photo by Martin San Diego/Rappler

Commercial operations for MRT-LRT Common Station eyed in April 2019

Jan 18, 2017 - 2:50 PM

Rarely seen together the country s top businessmen come to agree on the final location of the Metro Rail Transit MRT Light Rail Transit LRT Common Station project

ENDING DEADLOCK. The country's top honchos, Manuel V. Pangilinan, Ramon S. Ang, Hans Sy, and Jaime Augusto Zobel de Ayala, come together to sign a Memorandum of Agreement ending the squabble on the MRT-LRT Common Station deal, Wednesday, January 18, at the Dusit Hotel in Makati City. Photo by Martin San Diego/Rappler

San Miguel pours P281B in expansion projects

Jan 13, 2017 - 4:00 PM

The country s most diversified conglomerate says its toll roads unit accounts for bulk of the pie amounting to P119 billion

BIG BUDGET. Such amount is part of the company's P543 billion capital spending budget for its big-ticket projects. Rappler file photo

MRT-LRT common station to be done in 2.5 years – DOTr

Dec 22, 2016 - 9:40 PM

Transportation Secretary Arthur Tugade says the signing of the compromise agreement on the common station is expected before 2016 ends

HAMPERING MASS TRANSIT. The stay order on the transfer of the site of the common station is barring the construction of the MRT7 and design work for the common station project that has been bundled with the LRT1 Cavite Extension project. SM North City EDSA and TriNoma photos from Ramon F. Velasquez

#ThewRap: Things you need to know, December 22, 2016

Dec 22, 2016 - 8:53 AM

Hello Here are the stories you shouldn t miss this Thursday

Duterte: San Miguel's Ramon Ang was campaign donor

Dec 21, 2016 - 10:27 PM

The big businessman – whom Duterte praises for his disarming attitude of humility – is not on the list of contributors the President submitted to the Comelec

CHRISTMAS WITH THE PRESIDENT. President Duterte walks with Presidential Assistant Bong Go and SMC boss Ramon Ang (left) during a Christmas party in Malacañang on December 20. Photo courtesy of Malacañang

Alliance Global allots P1.2B for drug rehab centers

Dec 21, 2016 - 7:25 PM

The rehabilitation center to be built in Taguig City will accommodate around 500 drug reformists according to Alliance Global

SOCIAL RESPONSIBILITY. Alliance Global, through one of its foundations, will finance the construction and the design of the facility, which will soon rise on a 6,582 square meteres of land inside Camp Bagong Diwa in Taguig City. Rappler file photo

MVP open to partnering with Sy or Ang for new Manila airport

Nov 28, 2016 - 12:40 AM

One thing is sure – the Philippines needs a new airport to ease congestion at the NAIA

UPGRADED. The NAIA Terminal 1's improved check-in lobby. Photo from Department of Transportation

IATA to PH gov't: Act on airport proposals now

Nov 16, 2016 - 5:30 PM

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

UNSOLICITED PROPOSALS. The new transportation chief is open to unsolicited proposals to build a new international gateway. Photo by Ted Aljibe/AFP

San Miguel to raise as much as P60B from new bonds

Nov 10, 2016 - 7:05 PM

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

2ND SHELF OFFERING. This P60-billion new bonds will be the second shelf registration program of SMC to be filed before SEC. Rappler file photo

Joint Senate panel approves coco levy bill for coconut farmers

Nov 10, 2016 - 12:58 PM

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

COCO LEVY BILL. A Senate joint panel approves the committee report on the coco levy bill for coconut farmers.