TOKYO/BULACAN, Philippines -- Amid the sodden mangroves of Taliptip, a sleepy fishing village 30 kilometers north of Manila, the San Miguel Corporation is planning to build the world's second-largest airport.
The $15 billion behemoth is the brainchild of Ramon S. Ang, San Miguel's restless president and second-biggest shareholder, who over 17 years has transformed the 130-year-old company from a brewer into a sprawling food, energy and infrastructure conglomerate.