SM Investments Corp. (SMIC), the country 's largest conglomerate by market value, and its shopping mall unit secured 12 Stevie Awards at the 2026 International Business Awards. The parent company captured four awards, highlighted by Gold Stevies in the Conglomerates (Large) and Best Annual...
The Sy family is set to consolidate its controlling stake in Atlas Consolidated Mining and Development Corp. by next year after SM Investments Corp. (SMIC) transfers its mining interest to Dominion Holdings Inc. SMIC is set to divest from Atlas Mining next year so it can focus more on growing the...
The Sy family’s flagship conglomerate, SM Investments Corp. (SMIC), remains upbeat about its prospects for the second half of 2026 after posting higher earnings across all its business segments in the first semester, despite a challenging economic environment. “We remain positive about the...
The Sy family has gained control over Atlas Consolidated Mining and Development Corp. from the Ramos family after raising its stake to 54.48 percent through the acquisition of a 20.43-percent interest by Dominion Holdings Inc. (DHI) from Anglo Philippine Holdings Corp. (APO). In a disclosure to the...
Critics of corporate sustainability often assume it means taking on increased costs and compliance requirements—usually driven by heavy-handed regulation or high-minded altruism—that businesses would rather avoid. Sustainability is often framed as a choice between creating business value or...
Long before the late Henry Sy Sr. built the air-conditioned megamalls that reshaped the daily lives of Filipinos, his world was bounded by just 450 square meters of red brick, granite, and tile. Far from the retail, real estate, and banking empire in Metro Manila that made Sy the country’s...
SM Investments Corp. (SMIC)-backed PayRex is expanding in the local market with an approach that bypasses the growth-at-all-costs gospel of the financial technology (fintech) sphere. Instead, it favors the unglamorous over the flashy, and resilience over explosive expansion. Jaime Hing III,...
SM Investments Corp. (SMIC), the flagship of the SM Group, is on track to reduce its greenhouse gas emissions by 40 percent by 2040 through continued investments in renewable energy, energy efficiency, and other sustainability initiatives across its businesses. Speaking at the recent MUFG NOW...
The Sy family’s flagship SM Investments Corp. (SMIC) has completed the sale of its prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc. (SM Prime), as part of efforts to consolidate property assets under the subsidiary. In disclosures to the Philippine Stock...
2GO Travel, the shipping and passenger transport unit of conglomerate SM Investments Corp.’s logistics arm, has introduced a direct sea route between Batangas and Cebu City to capture growing travel demand from Southern Luzon by bypassing the heavily congested hub of Manila. The weekly service,...
SM Investments Corp. and its major subsidiaries clinched a combined 24 awards at the 16th Asian Excellence Awards. The parent company bagged eight distinctions from Hong Kong-based publication Corporate Governance, including the Sustainable Asia Award, Asia’s Best CSR, Best Corporate...
Sy-led SM Investments Corp. (SMIC) maintained its top-tier credit rating for its ₱7.5 billion outstanding fixed-rate bonds as robust earnings and aggressive expansion in its retail, banking, and property units shore up its financial stability. Philippine Rating Services Corp. (PhilRatings) kept...
