ginebra san miguel, inc. (gsmi) is a philippines-based alcoholic drink company. it is owned by san miguel corporation, then called la tondeňa 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.