smc | ABS-CBN News

ERC files petition to block TRO in favor of SMC power unit

Alvin Elchico, ABS-CBN News
Updated as of Dec 22 03:08 PM

The Energy Regulatory Commission has filed a petition with the Court of Appeals to block the issuance of a temporary restraining order in favor of another power unit of San Miguel Corporation. Read more »

DOE tiwalang malulutas ang problema sa kuryente pagsapit ng tag-init

ABS-CBN News
Posted at Dec 13 07:47 PM

Kampante ang Department of Energy na masosolusyonan ang problema sa supply ng kuryente pagdating ng tag-init sa susunod na taon. Read more »

SMC offers Meralco use of Ilijan plant at minimal tariff

ABS-CBN News
Posted at Dec 04 09:00 PM

San Miguel Global Power has offered to Meralco the use of its Ilijan Natural Gas for a fraction of the cost to help keep electricity prices low. Read more »

7.5 mln Meralco customers to be affected by TRO on power deal: ERC

ABS-CBN News
Updated as of Nov 28 12:57 PM

About 7.5 million customers will be affected by the temporary relief on the power supply agreement between SPPC and Meralco, the ERC said Monday. Read more »

SMC says revenues in first 9 months top pre-pandemic level

ABS-CBN News
Posted at Nov 15 10:44 AM

San Miguel Corp said on Tuesday its revenues in the first 9 months of 2022 has exceeded its pre-pandemic revenues in 2019. Read more »

San Miguel Brewery posts P16.2B net income in Jan-Sept driven by higher volumes

ABS-CBN News
Posted at Nov 07 10:26 AM

San Miguel Brewery Inc on Monday said its net income rose 15 percent to P16.2 billion from January to September on the back of higher volumes as restrictions ease and as travel returns. Read more »

Ramon Ang: SMC Global Power 'stable' despite junked rate hike petition

ABS-CBN News
Posted at Oct 21 04:33 PM

SMC Global Power is still in a good position despite the denial of its proposed rate hike, its parent San Miguel Corp said. Read more »

Meralco downplays impact of junked rate hike proposal

ABS-CBN News
Posted at Oct 06 11:22 AM

Meralco said the junked rate hike petition it filed along with supplier SMC Global Power will have a "neutral" impact on the company's operations and financials. Read more »

SMC says ensuring power supply despite junked rate hike

ABS-CBN News
Posted at Oct 05 04:45 PM

SMC Global Power on Wednesday said it is committed to ensure that Meralco's energy supply is sufficient despite the Energy Regulatory Commission's denial of its proposed rate hike due to rising costs. Read more »

San Miguel Corp unit buys PNOC banked gas for $1.2-B

ABS-CBN News
Posted at Aug 22 02:18 PM

San Miguel Corp on Monday said a unit of SMC Global Power Holding Inc bought the remaining banked gas of the Philippine National Oil Company. Read more »

SMC power unit eyes rate hike as losses reach P15-B

ABS-CBN News
Posted at Aug 01 04:56 PM

SMC Global Power Holdings Corp is seeking hikes in contracted power rates to recover part of its fuel costs after incurring huge losses from high coal prices. Read more »

Ilang residente natuwa sa pag-veto sa panukalang special eco-zone

ABS-CBN News
Posted at Jul 04 08:34 PM

Natuwa ang ilang residente ng Bulakan, Bulacan sa pag-veto ni Pangulong Marcos sa panukalang Bulacan special economic zone. Read more »

Marcos taps Manny Bonoan as public works secretary

ABS-CBN News
Posted at May 26 11:16 PM

Marcos also said he is willing to assign a government post to outgoing president Rodrigo Duterte. Read more »

SMC says subsidiary 'contemplating' LNG plant in Cebu

ABS-CBN News
Posted at Apr 29 04:51 PM

San Miguel Corp on Friday said its subsidiary is 'contemplating' building a 600-megawatt liquefied natural gas power plant in Cebu. Read more »

SMC's Bank of Commerce debuts on stock exchange

ABS-CBN News
Posted at Apr 01 10:30 AM

San Miguel Corp's affiliate Bank of Commerce listed on the Philippine Stock Exchange on Thursday following a successful initial public offering. Read more »

Palafox joining PAREX project: SMC

ABS-CBN News
Posted at Mar 25 07:17 PM

San Miguel Corp. on Friday said urban planner Architect Felino "Jun" Palafox Jr has "signed on" to help in the design of the Pasig River Expressway (PAREX) project. Read more »

San Miguel units eye building Leyte, Negros power plants

ABS-CBN News
Posted at Mar 14 02:28 PM

San Miguel Corp said Monday Prestige Power Resources Inc and Reliance Energy Development Inc of SMC Global Power Holdings are eyeing the construction of 2 new power plants. Read more »

San Miguel net income jumps to P48.2-B in 2021

ABS-CBN News
Posted at Mar 11 10:18 AM

San Miguel Corp on Friday said its consolidated net income jumped 120 percent in 2021 to P48.2 billion. Read more »

THE DAY IN PHOTOS: February 15, 2022

ABS-CBN News
Posted at Feb 15 11:59 PM

Here are the day's top stories in photos. Read more »

President Duterte inaugurates SLEX extension project

Karl Alonzo, Presidential Photo
Posted at Feb 15 11:32 PM

The four-kilometer project connects Skyway to SLEX and would reduce travel time between Muntinlupa and Balintawak in Quezon City from two hours to just 25 to 30 minutes. Read more »