Sy-led SM Investments Corporation, one of the Philippines’ largest conglomerates, sees new growth in its logistics and renewable energy units even as its core real estate, retail, and banking businesses continue to thrive with the country’s economy. “But, really, all of our businesses have...
The SM Group has partnered with the Technical Education and Skills Development Authority (TESDA) to expand the conglomerate’s J.O.B.S. (Jobs Opportunities Building Skills) program by integrating skills training into its nationwide job fairs. The group said this further aligns its efforts with the...
Investors eager to buy into the planned real estate investment trust of SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, will have to wait longer as the $1 billion initial public offering has been deferred to “beyond 2026.” During the Philippine Stock Exchange...
SM Investments Corp., the flagship of the Sy family’s business group, is strengthening its entertainment ecosystem across its portfolio to be more appealing and in tune with the preferences of the new generation of Filipino consumers. “At SM, we recognize the younger generation’s growing...
Macau-based Melco Resorts & Entertainment Ltd. is talking to about two prospective buyers or investors for its City of Dreams Manila integrated resort, which it is operating using the property of Belle Corp. and the license of Premium Leisure Corp., both of the SM Group. “At the moment, as far...
SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has retained its place in the FTSE4Good Index Series for nine consecutive years. Created by FTSE Russell, a subsidiary of the London Stock Exchange Group, the FTSE4Good Index is a globally...
Sy family-led SM Investments Corp. (SMIC) is optimistic about the second semester after it posted a six-percent improvement in consolidated net income to ₱42.6 billion in the first half of 2025 from ₱40.2 billion in the same period last year as its business benefited from the growing economy....
SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, reported record high profits as it remains optimistic due to strong consumption, lower interest rates, and continued recovery in retail and tourism. “With inflation contained and policy easing...
Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro assured that the government is working for the release of the nine Filipino seafarers of Liberia-flagged vessel MV Eternity C being held by Houthi rebels in Yemen. In a media interview on Wednesday, July 30, the official said that...
Tanduay Distillers Inc., the spirits unit of the Lucio Tan Group, reported that its flagship Tanduay rum has climbed to seventh place in The Spirits Business’ “Top 10 Best-Selling Brand Champions” list and is its Rum Brand Champion for 2024, with sales of 23.8 million cases in 2024. “Being...
Nine Filipino seafarers are in the hands of Houthi rebels, the Department of Foreign Affairs (DFA) said on Wednesday, July 30, assuring that “they are well” while the government works to secure their release. “All indications are that they in Sanaa, inland Yemen. At hands of Houthis. 9 of...
WASHINGTON (AP) — Emma Raducanu reached the semifinals at the D.C. Open — the biggest tournament where she 's made it that far since her surprising 2021 U.S. Open title — by eliminating Maria Sakkari, 6-4, 7-5, on Friday, July 25. On a muggy day with the temperature topping 90 degrees...
