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SMC proposes to build Caticlan-Boracay bridge

DIVERSIFIED conglomerate San Miguel Corp. (SMC) will be submitting today an unsolicited proposal to the government for a P3-billion bridge connecting Caticlan to Boracay island.

SMC plans to build 5-6 new breweries

DIVERSIFIED conglomerate San Miguel Corp. (SMC) is planning to put up five to six new breweries worth around $250 million each in the country, in a bid to bring down logistics costs and boost profitability for the beer business.

SMC recurring profit up 31% in 1st quarter

SAN MIGUEL CORP. (SMC) grew its consolidated recurring profit by a third in the first quarter of 2018, fueled by the performance of its...

SMC eyes at least P10B from fixed-rate notes

SAN MIGUEL Corp. (SMC) looks to raise at least P10 billion from the issuance of fixed rate notes due 2020 to refinance existing debt...

SMC to issue P10-billion fixed rate notes

San Miguel Corp. (SMC) looks to raise P10 billion from the issuance of fixed rate notes due 2020 fo refinancing existing debt and to...

SMC’s Bulacan airport proposal among projects approved by government

THE NATIONAL Economic and Development (NEDA) Board gave the go signal to 20 projects during its meeting on Wednesday, April 25, including large-scale projects...

SMC share transfer deal folds food units into SMFB

SAN Miguel Corp (SMC) said it completed the consolidation of its food businesses under San Miguel Food and Beverage Inc. (SMFB) via a transfer...

San Miguel formalizes consolidation of food and beverage business

San Miguel Corp has formalized its consolidation of its food businesses under San Miguel Food and Beverage Inc. The conglomerate announced the signing of the...

SMC planning to further trim foreign obligations

By Krista A. M. Montealegre, National Correspondent SAN MIGUEL Corp. (SMC) plans to further trim down its dollar-denominated debt, as the peso weakens and interest rates...

SMC plans to lower dollar-denominated debt as peso weakens

By Krista Angela M. Montealegre, Senior Reporter San Miguel Corp. (SMC) plans to further trim down its dollar-denominated debt, as the peso weakens and interest rates...

SMC sets timetable for P30-B bond offer

DIVERSIFIED conglomerate San Miguel Corp. (SMC) has set the listing of its P30-billion fixed rate bond issuance this March.  In an investors’ briefing in Mandaluyong...

SMC gets top credit rating for P30-B fixed-rate bonds

DIVERSIFIED conglomerate San Miguel Corp. (SMC) secured the highest credit rating for its planned P30-billion fixed-rate bond issuance, a local debt watcher said.  In a...

DPWH hopes to start NAIAx-BGC link in 2018

THE Department of Public Works and Highways (DPWH) is looking to start work on the proposed link between the Ninoy Aquino International Airport Expressway...

More holding firms turn in positive results

FIVE MORE conglomerates reported favorable results on Friday, firming a generally positive picture of listed holding companies in the third quarter and the nine...

SMC consolidates beverage businesses under Pure Foods

By Arra B. Francia, Reporter SAN MIGUEL CORP. (SMC) is consolidating its beverage businesses under San Miguel Pure Foods Company, Inc. (SMPFC) through a P336.35-billion...

SMC eyes expansion of SLEx, Skyway, NAIAx

SAN MIGUEL Corp. (SMC) said it submitted to the government a three-year plan to expand toll roads in southern Metro Manila, as a way...

San Miguel mulls legal steps as Kaliwa dam project to be...

By Victor V. Saulon, Sub-Editor SAN MIGUEL Corp. (SMC) will be consulting its board and its lawyers once the government officially announces that the conglomerate’s...

SMC Global puts IPO on hold amid PSALM dispute

By Victor V. Saulon, Sub-Editor SMC GLOBAL POWER Holdings Corp. has put on hold its plan to go public this year, amid its on-going dispute...

San Miguel exits plastic bottled water business

SAN MIGUEL Corp. (SMC) will be ending its plastic bottled water business as part of efforts to reduce the company’s impact on the environment. In...