SM Investments President and Chief Executive Officer Frederic C. DyBuncio thanks the IABC for SM's 20 wins in the recently held Philippine Quill Awards. The SM Group, led by SM Investments Corporation, with BDO Unibank, Inc., SM Foundation Inc., and SM Supermalls, won 20 awards for excellence in...
The Department of Finance (DOF) said the Philippines is committed to providing a welcoming environment for potential investors from the United States, symbolically represented by the concept of rolling out a "red carpet." In a statement, Finance Secretary Ralph G. Recto has assured US officials of...
House Speaker Martin Romualdez (Speaker’s office) With its unique demographic advantage, ongoing economic reforms, and synergy with the Association of Southeast Asian Nations (ASEAN), the Philippines makes for an ideal destination for foreign investment,...
SM Investments Corporation (SMIC) subsidiary 2GO Group Inc., the Philippines’ largest integrated transportation and logistics solutions provider, has marked the opening of its 100th 2GO-owned retail store at Greenhills Shopping Center. In a statement, 2Go said the new store allows it to extend...
2GO Group Inc. is supporting the growth of micro, small and medium-sized enterprises (MSMEs) with the introduction of 2GO Getters, a “community of MSMEs, start-up companies and anyone who aspire to build their business empires in need of delivery services.” The logistics arm of the SM...
The Philippines saw a significant 29.6 percent drop in foreign direct investment (FDI) with net inflows of $655 million in October 2023 from the $930 million net inflows registered in the same month in 2022. The October figure has brought cumulative net FDI inflows for the period...
The Yuchengco family’s holding company House of Investments (HI) is diversifying its business portfolio by strategically expanding into the financial services and property sectors. In a disclosure to the Philippine Stock Exchange, the firm said its diversification includes the P15.7 billion...
The Yuchengco family’s holding company, House of Investments (HI), continues to divest from former subsidiary EEI Corporation, this time with the sale of a 4.5 percent stake to a Singaporean firm. In a disclosure to the Philippine Stock Exchange (PSE), HI said it has sold 4.5 percent of EEI to...
The action taken by the Bangko Sentral ng Pilipinas (BSP) on allowing banks to expand green financing facilities is expected to accelerate renewable energy (RE) installations in the country that will usher in comprehensive decarbonization of the Philippine economy moving forward. As cited by Energy...
With the need to get things ready and all set for the holidays, gifts need to be taken care of, and still well thought out. Here are three reasons why SM’s gifting solutions can make giving easy and fun. 1. Allowing the recipients to choose the gifts they want can be a gift in itself. No...
SM Investments Corporation (SMIC), the flagship of the Sy family, and its banking arm BDO Unibank Inc. are cautiously optimistic about their prospects next year even as they expect to wrap up 2023 with decent growth numbers. In an interview, SMIC Vice Chairperson Teresita Sy-Coson said “this year...
SM Investment Corporation’s (SMIC) subsidiary 2GO Group Inc., the Philippines' largest transportation and logistics solutions provider, was selected to be the primary logistics solutions and delivery partner for WalterMart Supermarket’s e-commerce business. In a statement, SMIC said this...
