San Miguel Corporation

Conglomerate

San Miguel operates Philippines' largest conglomerate spanning food & beverage (beer, spirits, dairy), infrastructure (power, toll roads), and fuel. Founded 1890 as brewery, SMC diversified aggressively into capital-intensive industries. The conglomerate structure provides counter-cyclical balance though complexity creates coordination challenges. San Miguel's infrastructure investments demonstrate belief in long-term Philippine economic growth.

Key Leaders at San Miguel Corporation

The Biology of Business

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