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WHILE the return to action of the Philippine Basketball Association this season remains to be seen amid concerns over the coronavirus disease 2019 (COVID-19) pandemic, teams under the umbrella of San Miguel Corp. have begun moves for their possible return to the floor by having their players tested for the highly contagious respiratory disease.
SAN MIGUEL Corp. (SMC) is planning to issue perpetual securities worth up to $1 billion or about P50.72 billion, which it will not offer to the public.
PROFITS of San Miguel Corp. (SMC) crashed 91% in the first quarter as the coronavirus disease 2019 (COVID-19) pandemic led to a double-digit decline across its business units.
SAN MIGUEL Corp. (SMC) said its food unit has purchased 69 million kilograms of corn from farmers to ensure adequate supply and prop up farmer incomes during the market disruptions caused by the coronavirus disease 2019 (COVID-19) pandemic.
SAN MIGUEL Corp. (SMC) is building emergency quarantine facilities near military hospitals across the country for uniformed personnel infected with the coronavirus disease 2019 (COVID-19).
Donations from San Miguel Corp. (SMC) have reached P877.8 million on the third week of the government-imposed enhanced community quarantine period to contain the spread of the coronavirus disease 2019 (COVID-19).
SAN MIGUEL CORP. (SMC) has set aside P500 million to buy personal protective equipment (PPE) for frontline health workers, the listed conglomerate said on Monday, as it called on local manufacturers to boost production to ensure a steady supply.
TWO of the largest alcoholic beverage companies in the Philippines have boosted their production of rubbing alcohol to donate to the frontline facilities and workers battling the spread of the 2019 coronavirus disease 2019 (COVID-19) pandemic.
THE head of San Miguel Corp. (SMC) has called on power producers in the country to save up their fuel inventories to ensure their unhampered operations during the Luzon-wide lockdown as most businesses have temporarily closed.
SAN MIGUEL CORP. (SMC) posted flat earnings in 2019, dragged by a decline in earnings from its oil and food businesses.
THE president of diversified conglomerate San Miguel Corp. (SMC) has offered to pay in full the capacity charges for its 1,200-megawatt (MW) Ilijan power plant amounting to P22.68 billion, more than two years ahead of schedule.
SAN MIGUEL CORP. (SMC) said on Monday it was standing by its statement that its unit South Premiere Power Corp. (SPPC) had not received monthly billing statements from state-led Power Sector Assets and Liabilities Management Corp. (PSALM) that indicate an alleged deficiency claim amounting to P23.94 billion.
SAN MIGUEL Corp. (SMC) told Power Sector Assets and Liabilities Management Corp. (PSALM) on Monday to stick to the facts and let the courts decide on the claim by the state-led agency that a unit of the conglomerate owes the government P23.94 billion.
THE Boracay (Godofredo P. Ramos) Airport in Caticlan continues to operate amid widespread damage in the Visayas region caused by typhoon Ursula, according to San Miguel Corporation’s (SMC) infrastructure unit.
SAN MIGUEL Corp. (SMC) said it conducted pilot tests on the first road in the Philippines made from recycled plastics, to help address the country’s plastic waste problem.
SAN MIGUEL Corp. (SMC) is interested in investing in Iloilo as it looks to submit an unsolicited proposal for the construction of the bridge that will connect Panay to Guimaras, according to Senator Franklin M. Drilon.
SAN MIGUEL Corp. (SMC) said Friday that it obtained approval of the Securities and Exchange Commission for a P10 billion fixed-rate bond issue that forms part of its P60-billion shelf registration.
THE Department of Trade and Industry (DTI) expects San Miguel Corp.’s (SMC)acquisition of a majority stake in Holcim Philippines, Inc. to result in lower prices of locally produced cement.
DIVERSIFIED conglomerate San Miguel Corp. (SMC) will have to conduct a tender offer to minority shareholders of Holcim Philippines, Inc. (HPI) in relation to its $2.15-billion acquisition of the listed cement manufacturer.
THE tollways unit of San Miguel Corp. (SMC) is starting the construction of the South Luzon Expressway Toll Road 4 (SLEx TR-4) to help ease traffic in the south of Metro Manila.
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