Saturday, May 9, 2026
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Tag: SMC

SMC asks Meralco to hold supply bidding

Diversified San Miguel Corp. asked power retailer Manila Electric Co. to start the competitive selection process for power supply agreements as ordered by the...

SMC asks PSALM to follow due process 

Conglomerate San Miguel Corp. on Tuesday called on state-run Power Sector Assets and Liabilities Corp. to be transparent in the use of the proceeds...

SMC to submit P35-b bid for a new source of water

Diversified conglomerate San Miguel Corp. is set to submit an unsolicited proposal to the government for the development of a new water source with...

SMC’s income fell 18% to P12.8b in Q1

Conglomerate San Miguel Corp. said Thursday net income dropped 18 percent in the first quarter to P12.82 billion from P15.6 billion recorded in the...

SMC offering untapped water from Angat Dam

San Miguel Corp. plans to use its untapped water allocation from Angat Dam to provide water to over six million people in the east...

SMC reduces water usage, beats ‘20 goal by two years

San Miguel Corp. said over the weekend it significantly reduced operational water use across its businesses by 23 percent in 2018, beating the conglomerate’s...

SMC set to advance TPLEx land payment

San Miguel Corp., through unit Private Infra Development Corp., will advance the payment for the unpaid portion of the properties acquired by the government...

Market closes flat; SMC advances

The stock market closed flat Tuesday in narrow trading, with investors positioning ahead of the release Thursday of the fourth-quarter data on the gross...

SMC secures proponent status for P23.95-b road

The Public Works Department said it is set to  grant the original proponent status to San Miguel Holdings Corp. for the P23.95-billion extension of...

SMC’s tollway unit posts P2.3-b profit

The tollway unit of San Miguel Corp. said net profit rose 6 percent in the third quarter of the year mainly because of higher...

SMC to hike output of San Roque plant

San Miguel Corp. plans to convert the San Roque hydro multipurpose power project in San Miguel, Pangasinan province into pumped hydro to increase its...

SMC gets offer to buy coal stake of Ayala

Conglomerate San Miguel Corp. received an offer to acquire the stake of AC Energy Holdings Inc. in the 552-megawatt Kauswagan coal project in Mindanao. “Yes,...

SMC to replace coal with rice husks as fuel for 2 coal plants

Conglomerate San Miguel Corp. said Wednesday its energy unit will replace coal with rice husks as fuel for two new circulating fluidized bed power...

Ang says SMC has enough money for Bulacan airport

San Miguel Corp. said it has the financial capacity and track record to build the P735-billion New Manila International Airport project in Bulacan province. “We...
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