MANILA, Philippines — One-time gains from the partial sale of power assets and foreign exchange gains bolstered earnings of diversified conglomerate San Miguel Corp. (SMC) in the first quarter, ...

ANG-LED conglomerate San Miguel Corp. (SMC) reported a sharp increase in its first-quarter net income to P43.4 billion from P8.9 billion a year earlier, fueled by foreign exchange (forex) gains and a ...