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...
Passing the torch in a family-run enterprise is an intricate dance of preserving legacy while allowing room for disruptive innovation; it is never just about changing signatures on corporate bylaws. In the Philippines, family-controlled empires are the bedrock of the economy, and as a generation of...
The Sy family’s SM Investments Corp. (SMIC) and BDO Unibank Inc. led the seven largest Philippine public companies in the Forbes Global 2000 ranking for 2026. For the 24th year, Forbes’ Global 2000 ranked the largest public companies in the world using four metrics—sales, profits, assets, and...
Forty-two Philippine companies earned spots on the third annual Fortune Southeast Asia 500 ranking, driven by strong performances from the country’s largest family-led conglomerates and financial institutions. Top Frontier Investment Holdings Inc., the controlling shareholder of San Miguel Corp.,...
Sy-led conglomerate SM Investments Corp. has assured its customers and stakeholders of its continued commitment to maintaining rigorous data privacy standards as a core component of corporate governance. The conglomerate highlighted that its subsidiary, SM Retail, received the NPC Seal of...
