Tycoon Ramon S. Ang said Lufthansa Technik Philippines’ future at Ninoy Aquino International Airport hinges on government approval, as lease talks continue beyond the end-August expiry.
San Miguel Corp. (SMC) has signed a memorandum of agreement (MOA) with the Quezon City government to clean and rehabilitate major waterways, expanding its flagship Better Rivers PH initiative to tackle urban flooding in Metro Manila.
Major Philippine business groups have declared support for the plan of the San Miguel Corp. president and CEO to undertake flood control projects in Metro Manila at no cost to the government. The endorsements underline confidence in the private sector’s capacity to tackle long-standing national problems.
San Miguel Corp.’s core income rose 9 percent to P36.7 billion in the first half of 2025, supported by strong performances in its food, beverage, infrastructure, and power businesses.
The relief effort, spearheaded by the San Miguel Foundation, is being conducted in coordination with local government units and partner organizations to expedite aid delivery. Assistance includes the distribution of food products and hot meals to the hardest-hit areas.
The management office overseeing the MRT-7 project has denied that its construction activities caused the flooding along Commonwealth Avenue, attributing the incident instead to clogged drainage lines filled with plastic waste and debris.
A joint river rehabilitation effort by San Miguel Corp. and New NAIA Infra Corp. is showing early success in reducing flood risks around Ninoy Aquino International Airport (NAIA) and nearby communities in Parañaque City.
Tycoon Ramon S. Ang-led San Miguel Corp. (SMC) is proving that cleaning up the country’s waterways isn’t just a government responsibility—it’s a choice companies can make and sustain.