San Miguel says no disruptions in providing food, fuel, power amid NCR Plus ECQ

There will be no disruptions in the food, fuel, and power operations of San Miguel Corp. (SMC) amid the enhanced community quarantine (ECQ) that will take place in the NCR Plus bubble this week, an official assured Sunday.

SMC president and chief operating officer Ramon Ang said the company is working to ensure that supplies are enough, and that the public and the conglomerate's employees are taken care of.

"We can turn this around but we need to work together. We all have a role to play," Ang, who previously tested positive for COVID-19 thrice, said in a statement posted on his official Facebook page.

Metro Manila and nearby provinces—collectively tagged NCR Plus—will be under ECQ starting midnight March 29 until Sunday, April 4, 2021.

Prior to the announcement of the ECQ, the government banned the non-essential entry and exit into the NCR Plus bubble during the same period. The bubble covers Metro Manila, Cavite, Laguna, Rizal, and Bulacan.

SMC's product portfolio includes beer; spirits; non-alcoholic beverages; poultry; animal feeds; flour; fresh and processed meats; dairy products; coffee; various packaging products; and refined petroleum products.

It has partnerships with international companies such as Kirin Holdings Company Limited for beer; Hormel Foods International Corp. for processed meats; Nihon Yamamura Glass Company Ltd., Fuso Machine & Mold Mfg. Co.Ltd., and Can-Pack S.A. for packaging products; and Korea Water Resources Corp. for its power business.

SMC's subsidiaries include Ginebra San Miguel Inc., San Miguel Food and Beverage Inc., SMC Global Power Holdings Corp., SEA Refinery Corporation, San Miguel Holdings Corp., and San Miguel Properties Inc.

Shares in SMC closed last Friday at P123.00 apiece, up by P1.10 or 0.90% from its previous finish of P121.90.

The Philippines on Sunday reported 9,475 new confirmed cases of COVID-19 to bring the total to 721,892, including 13,170 deaths. — BM, GMA News