San Miguel Corp. is parlaying the dynamism of the Philippine economy and the conglomerate’s leadership, strength, and marketing prowess in its old businesses—beer, beverages and foods—by conducting follow-on public offering (IPO) for its food and […]
Unknown perhaps to many, San Miguel Corp. is the Philippines’ largest food company. Its annual food and beverage sales will likely hit P280 billion this year. Its annual profits from food and beverage are about […]
Economic growth, as measured by the expansion in the country’s output of goods and services (Gross Domestic Product or GDP), slowed down in the second quarter of 2018. The economy grew by just 6% in […]
In January this year, San Miguel Corporation drastically recast its vision and mission statements. The new SMC vision says: “We are San Miguel.” “Guided by a strong sense of social, environmental, and economic responsibility, our […]
The expansion consists of two parts. One, 18 new factories, including six breweries, six feed mills, a new hot dog processing plant, and an export-oriented spam factory. The 18 facilities or factories will cost P742 […]
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