After more than a century in business, one of the country’s largest conglomerates, San Miguel Corp. (SMC), remains a formidable cash cow. Case in point: in 2018, the diversified business breached the P1-trillion revenue mark, two years ahead of its target.“Consolidated revenues ...
One of the country's biggest conglomerates enters the luxury car business amid government plans to raise vehicle taxes
San Miguel Corporation (SMC) is putting up a new affiliate that will serve as the official distributor and importer of BMW cars in the country, the conglomerate said in a disclosure filed to the Philippine Stock Exchange on Tuesday, July 18.San Miguel ...
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