San Miguel planning US$34b investments, says president
It is also "evaluating and may bid" for Vietnam's Saigon Beer, he adds; profit seen rising at least 20% this year
Mon, Apr 03, 2017 - 5:50 AM
"The businesses we ventured into have matured, such that the company is in a very stable position," says Mr Ang.
SAN Miguel Corp plans to invest US$34 billion in an oil refinery, an integrated steel complex and an ocean-tide power plant as the Philippines' largest company by sales expands amid forecasts for robust economic growth in the country, according to its president.