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News and Events

This is How San Miguel Plans to Address PH's Rice Woes

Conglomerate plans to build giant climate-controlled grains terminals in eight locations to store rice

In his televised “tête-à-tête” with Presidential Chief Legal Counsel Salvador Panelo on September 11, President Rodrigo Duterte threatened he will move for the abolition of the National Food Authority (NFA) Council for its failure to prevent the soaring rice prices through timely ...

by Pauline Macaraeg  | September 13, 2018 05:00:00
News and Events

A 1.9-Km Bridge to Link Boracay and Caticlan? That's the Plan, Says San Miguel Corp.

Conglomerate announces proposal as DENR vows to reopen the island on October 26

Listed conglomerate San Miguel Corp. (SMC) is submitting an unsolicited proposal to the government to build a bridge connecting Boracay Island to Caticlan in Aklan, several reports said on Tuesday, July 10.In a report by BusinessMirror, SMC President and Chief Operating Officer ...

by Elyssa Christine Lopez  | July 12, 2018 04:00:00
News and Events

SMC, MVP Groups Set Aside Rivalry as Ang donates Php50M for PH sports

Ang made the donation to the Philippine Olympic Committee

This is one rare instance when corporate rivals San Miguel Corp and the MVP group are on the same page.SMC president and COO Ramon S. Ang not only delivered on his promise of a Php20 million for the Philippine Olympic Committee (POC), he threw in ...

by Gerry Ramos for Spin.ph  | June 29, 2018 12:00:00
News and Events

How Much Money You Would Have Made (or Lost) if You Bought IPO Stocks in 2017

A look back at the market performance of four companies that listed at the PSE this year

In 2017, four companies launched initial public offerings (IPOs) and listed on the Philippine Stock Exchange (PSE). While this puts it at par with the previous two years, which also saw four IPOs each, this is lower than the target of six ...

by Lorenzo Kyle Subido  | January 03, 2018 09:00:00
News and Events

How Will Car Prices Be Affected by the Newly Approved Senate Tax Bill?

This infographic compares the Senate and House versions of the tax reform bill

Some companies and their executives just have that impeccable sense of timing.Just days after British luxury car brands Jaguar and Land Rover announced they are coming back to the Philippines after a six-month hiatus, the Philippine Senate approved a tax bill that ...

by Entrepreneur Staff  | November 30, 2017 09:00:00
Run & Grow

20 Outstanding Filipino Businessmen and Entrepreneurs You Should Know

Taken from Town and Country's 2017 list of 101 People You Must Meet Right Now, here are exceptional entrepreneurs who are transforming the business landscape in the country and beyond.

1. JD AbenezaThe technopreneur was one of the big winners at last year's ASEAN Business Awards, as his game development company, Zeenoh, was voted Best Innovative SME. Founded in 2008, Zeenoh's smartphone games are designed with a strong Filipino influence. It released ...

by Pierre A. Calasanz for TownandCountry.ph  | September 19, 2017 08:00:00
News and Events

San Miguel to Own 65% of New Firm to Sell BMW Cars in PH

One of the country's biggest conglomerates enters the luxury car business amid government plans to raise vehicle taxes

San Miguel Corporation (SMC) is putting up a new affiliate that will serve as the official distributor and importer of BMW cars in the country, the conglomerate said in a disclosure filed to the Philippine Stock Exchange on Tuesday, July 18.San Miguel ...

by Elyssa Christine Lopez  | July 18, 2017 08:00:00
News and Events

Ramon Ang In Talks to Acquire Majority Stake in Philippine Daily Inquirer

Prieto family will divest from media company after 25 years

San Miguel Corp. CEO Ramon S. Ang is in talks to buy a majority equity stake in media company The Philippine Daily Inquirer (PDI), one of the country’s biggest English-language dailies that helps frame national debates and discussion.In a statement posted by ...

by Paul John Caña and Pauline Macaraeg  | July 17, 2017 07:00:00
News and Events

San Miguel Confirms It’s in Talks to Acquire Stake in BMW Distributor in PH

Conglomerate mulls possible investment despite looming higher taxes on luxury cars

Diversified conglomerate San Miguel Corp. (SMC) has confirmed it is in discussions with Jose Alvarez, chairman and principal owner of Asian Carmakers Corp. (ACC), for a possible investment in the exclusive distributor for BMW cars in the Philippines. Based in Germany, BMW ...

by Elyssa Christine Lopez  | July 07, 2017 04:00:00
News and Events

Ramon Ang is Php2.5 B Richer 2 Days After Eagle Cement’s Listing

A 3.7-percent rise in the stock price boosted the market value of the tycoon’s shares

Ramon Ang, one of 14 Filipino tycoons in the US-based magazine Forbes list of dollar billionaires worldwide, successfully listed his cement manufacturing firm Eagle Cement Corp. on Monday, May 29. It now trades at the Philippine Stock Exchange (PSE) under the ticker ...

by Lorenzo Kyle Subido  | May 30, 2017 04:00:00
News and Events

Ramon Ang’s Cement Company Launches IPO Amid Rough Period for Bigger Rivals

Eagle Cement, the biggest Filipino-owned cement maker, is selling shares to the public starting May 16

Eagle Cement Corp., the country’s biggest locally owned cement manufacturer by production volume, is selling its shares to the public for the first time from May 16 to 22. It plans to list at the Philippine Stock Exchange (PSE) on May 29. ...

by Lorenzo Kyle Subido  | May 16, 2017 08:00:00
News and Events

Who's the Biggest Gainer, Loser Among PH Billionaires?

5 Filipinos in Forbes' 2017 billionaires list saw their net worth go up while 5 suffered declines

Despite faster economic growth last year, some of the extremely wealthy 14 Filipinos who made it to the Forbes 2017 Global Billionaires List saw the value of their fortunes decline in the year to March 2017.Of the 10 who returned from last ...

by Lorenzo Kyle Subido  | March 21, 2017 11:00:00
News and Events

14 Filipinos Make it to 2017 Forbes Billionaires List; Sy and Gokongwei Still On Top

New names include Ramon Ang, Eduardo Cojuangco Jr., Roberto Ongpin and Edgar "Injap" Sia II

Led by Henry Sy Sr., John Gokongwei Jr. and Lucio Tan, a record number of Filipinos  -- 14 in all -- made it to the 2017 Forbes World's Billionaires List, according to a new ranking released by the US business magazine Monday ...

by Lorenzo Kyle Subido  | March 21, 2017 12:00:00
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