Conglomerate San Miguel Corp.’s power arm is returning to the debt market with a P30 billion bond deal, tapping investors as it refinances debt and funds its renewable shift.
San Miguel Corp., the conglomerate led by tycoon Ramon S. Ang, delivered a sharp profit jump in 2025, with core net income climbing 52 percent to P79.6 billion as margin expansion and improved operating efficiency across its major businesses offset mixed revenue trends.
Ninoy Aquino International Airport (NAIA) posted its biggest-ever monthly surge in January 2026, showing a privatized airport handling record demand with steady operations.
Japan’s MUFG Bank has completed new financing transactions with San Miguel Global Power (SMGP) and SN Aboitiz Power Magat Inc. (SN Aboitiz Power), providing bank-backed support for renewable energy projects under the government’s Green Energy Auction programme.
The Ninoy Aquino International Airport in Manila will switch on new biometric immigration eGates this December as the San Miguel Corp.-backed New NAIA Infra Corp. (NNIC) moves to ease immigration congestion ahead of peak holiday travel.
Conglomerate San Miguel Corp. lifted nine-month core net income by 54 percent to P60.30 billion as efficiency improvements across food, beverages, power, and infrastructure offset pressure in fuel and oil.