SAN MIGUEL CORPORATION

FOOD INDUSTRY SALES TO HIT $13B BY 2022

The Philippines food industry reached a market value of $9,259 million in 2017, accounting for 25.5% of the Southeast Asian food industry. According to GlobalData, the industry is expected to grow to $13,127 million by […]

SAN MIGUEL CORPORATION

SMC CASHES IN ON CONSUMER SPENDING BOOM, FEEDS P86B INTO FOOD EXPANSION, CREATES A P600B F&B SUBSIDIARY

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 […]

SAN MIGUEL CORPORATION

SAN MIGUEL’S FOOD GAMBIT

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 […]