Exin Therapeutics Inc., a biotech startup that harnesses artificial intelligence (AI) to expedite drug discovery, is planning to invest over ₱1 billion within the next four years as part of its expansion in the Philippines. In a statement, the Board of Investments (BOI) said it has facilitated...
Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) expects to sustain its double-digit growth trajectory when it reports its third-quarter financial performance in November. In an interview, MPIC Chief Finance, Risk, and Sustainability Officer Chaye Cabal-Revilla said the company’s...
Metro Pacific Investments Corp.’s (MPIC) digital healthcare arm mWell has partnered with the Department of Information and Communications Technology (DICT) to explore the integration of healthcare services into the government’s eGov PH App. According to MPIC, the collaboration aims to create...
Alfamart Philippines, the minimart chain of the SM group, is ramping up its nationwide expansion with the launch of its franchising program, which also opens doors for the growth of micro, small, and medium enterprises (MSMEs). SM Investments Corp.said Alfamart’s pilot began in Laguna with two...
Metro Pacific Tollways Corp. (MPTC) plans to raise up to ₱20 billion through a planned bond issuance, while continuing to explore options to reduce debt, as market conditions are still not favorable for an initial public offering. Philippine Rating Services Corp. (PhilRatings) said MPTC is...
SM Investments Corp. led four firms under the SM Group that have been certified as a Great Place to Work for 2025 by Great Place to Work, the global authority on workplace culture. Other SM companies also earned Great Place to Work Certification this year, including SM Prime Holdings, Inc., SM...
Investors are more keen in investing in a country whose leader fights corruption. This was how Malacañang made an assurance over the reputational risks the ongoing investigation on corruption practices may cause to domestic and foreign investments. "We all know that investors want to invest in...
The Board of Investments (BOI) expects a reduction in the imports of livestock and poultry through the broader adoption of good animal husbandry practices (GAHP), which aim to ensure the safety and health of both farm workers and animals. In a statement, the BOI said it is working to promote the...
The local pharmaceutical industry is expected to generate nearly $2 billion in revenues this year, with more potential for growth as the government eyes stronger support for domestic manufacturing, according to the Board of Investments (BOI). The BOI, the country’s lead investment promotion...
The SM Group, through its retail subsidiaries, is expanding its product lines and enhancing accessibility nationwide to meet the rising demand for beauty and wellness products. In a statement, SM Investments Corp. said SM Beauty offers more than 1,000 beauty brands across its 77 branches, with...
The Sy family’s flagship SM Investments Corp. is selling a prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc., while preparing a corporate vehicle for its first premium residential project under the newly launched Signature Series brand. In a disclosure to...
Ten Philippine companies, including conglomerates Ayala Corp. and SM Investments Corp., made it to TIME Magazine and Statista’s World 's Best Companies 2025 list, which measures employee satisfaction, revenue growth, and sustainability transparency. The list, which includes 1,000 companies...