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SMC swings to P29 6-B income - BusinessWorld

SMC swings to P29 6-B income - BusinessWorld
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

San Miguel to cut toll fees at Skyway Stage 3

BusinessWorld July 7, 2021 | 12:03 am SAN MIGUEL CORPORATION FB PAGE SAN Miguel Corp. (SMC) will be reducing the proposed toll fees at its elevated expressway Skyway Stage 3 especially for motorists traveling short distances. The company will start collecting fees on July 12 after waiving payments at the 18-kilometer expressway for almost seven months. SMC has not yet released the revised matrix, noting in a press release on Tuesday that it will post the final rates at the toll plazas before the start of collections. SMC President and Chief Operating Officer Ramon S. Ang said that the company decided to reduce fees after considering the effect of the pandemic on the economy.

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