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Invisible Gold in Asia by David Llewelyn

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San Miguel

San Miguel is one of the world’s best-selling beers and is in the top 10 beer brands in the world. Its parent company, since 1963 named San Miguel Corporation (SMC) after its best-known product, is the largest publicly listed food, beverages and packaging company in Southeast Asia, with over 100 manufacturing facilities in the Philippines, Australia, China, Hong Kong, Indonesia and Vietnam. Because nine out of every 10 bottles of beer consumed in the Philippines is brewed by San Miguel, SMC is rarely known for anything else despite the breadth of its commercial activities.

Enrique Barretto y de Ycaza founded and named his brewery company after Saint Michael the Archangel, the trade name stemming originally from a local brewery in Barcelona, ...

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