Surigao del Norte 2nd district Rep. Robert Ace Barbers. There are bigger and better things in the pipeline under the Marcos administration, according to Surigao del Norte 2nd district Rep. Robert Ace Barbers. This, as Barbers...
Recently-delisted conglomerate Metro Pacific Investments Corporation expects to continue posting double digit growth this year after it reported a 90 percent surge in consolidated net income to a record P19.9 billion last year from P10.5 billion in 2022. MPIC Chairman, President, and CEO Manuel V....
Senator Juan Edgardo “Sonny” Angara on Tuesday, March 5 assured the Department of Education (DepEd) that the basic education would be closed to foreign investment as it is important to preserve the country’s values and instill nationalism among the youth. Sen. Juan Edgardo "Sonny" Angara,...
While its core banking, retail, and real estate businesses continue to generate huge profits, SM Investments Corporation (SMIC) is relying on its portfolio investments for future growth and to steadily increase its share in total earnings in the coming years. SMIC President and CEO Frederic C....
The Sy family’s flagship SM Investments Corporation (SMIC) reported a 25 percent growth in consolidated net income to P77 billion in 2023 from the P61.7 billion earned in 2022 as the company continues to address needs of customers amid uncertain economic conditions. In a disclosure to the...
2GO Group Inc., the Philippines’ largest end-to-end transportation and logistics solutions provider and part of SM Group, has teamed up with the Department of Trade and Industry (DTI) to enable a community of online entrepreneurs in Central Luzon. Randy Zafra, 2GO Retail Operations Manager,...
The SM Group continues its commitment to spur local economic growth and homegrown brands through its property arm, SM Prime Holdings Inc. which recently opened its 85th mall in Santo Tomas, Batangas. SM City Sto. Tomas Situated at the foot of Mt. Makiling, SM City Sto. Tomas is conveniently located...
Food service chain owner Goldilocks Bakeshop Inc., one of the SM Group’s portfolio investments, is ramping up its store openings by 46 percent to 60 in 2024 to further increase its nationwide presence. In a statement, SM Investments Corporation (SMIC) said Goldilocks opened 41 stores in...
Foreign investment pledges more than doubled in the last quarter of last year, with the energy industry accounting for the majority of the investments, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report, total foreign investments approved by investment promotion...
Former Department of Finance (DOF) secretary Margarito ''Gary'' Teves (MANILA BULLETIN) Former Department of Finance (DOF) secretary Margarito ''Gary'' Teves has joined a long list of experts who expressed support to amending the supposed restrictive...
Foreign investors interested in entering the Philippines' renewable energy sector will be required to secure 167 signatures before they commence operations. While this may seem like a daunting number to many, an industry stakeholder pointed out that this requirement has already been reduced from...
SM Investments Corporation’s (SMIC) transportation and logistics unit 2GO Group Inc. has signed an agreement with National University (NU) to provide maritime experiential on-the-job training for its tourism and hospitality students. In a statement, 2Go said this strategic alliance aims to...
