Ginebra San Miguel
Ginebra San Miguel, Inc. (GSMI) (PSE: GSMI) is a Philippines-based diversified alcoholic beverage company owned by San Miguel Corporation, then called La Tondeña Distillers, Inc. (LTDI) from 1987 to 2003. Founded originally by the late Carlos Palanca, Sr. as La Tondeña, Inc. (LTI) in 1902 in the district of Tondo, Manila (where its name come from), it manufactures a range of products and carries packaging innovations that satisfy the needs of its target consumers. Its main product is hard liquor.
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“The gold-digger in the ravines of the mountains is as much a gambler as his fellow in the saloons of San Francisco. What difference does it make whether you shake dirt or shake dice? If you win, society is the loser.”
—Henry David Thoreau (1817–1862)