Philippine Geothermal Production Co. (PGPC), the renewable energy unit of SM Investments Corp. (SMIC), plans to spend at least ₱2.9 billion this year to ramp up drilling and exploration across its existing facilities and six new concession areas. Frederic C. Dybuncio, SMIC president and chief...
SM Investments Corp. (SMIC) is considering reducing its stake in Atlas Consolidated Mining Corporation or taking it out of its investment portfolio since it does not have any synergy with any of the group’s businesses. In a briefing on Monday, March 2, Frederic C. DyBuncio, SMIC president and...
SM Investments Corp. (SMIC), the holding company of the Philippines’ wealthiest family, is ramping up capital spending across its core businesses as it bets on provincial consumption boom to drive growth through 2026. In a briefing on Monday, March 2, SM Investor Relations and Sustainability Head...
SM Investments Corp. (SMIC), the flagship of the Sy family’s SM Group, will continue expanding its various businesses amid optimism over the Philippines’ consumer-driven economy. “Looking ahead, we remain optimistic about the Philippine growth outlook, supported by easing inflation, steady...
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...
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...
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...
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...
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 Investments Corporation President and CEO Frederic C. DyBuncio has been recently honored with the 2025 Asia’s Golden Icon Awards for Asia’s Remarkable Leadership in Financial Excellence. Presented by the Golden Icons organization, an alliance of leaders from the public and private sectors...