SM Investments Corp. (SMIC), the flagship of the Sy family, has been named by Hong Kong-based publication FinanceAsia as the best large cap company in the Philippines, based on its highly anticipated Best Companies Poll 2025. The conglomerate, which marked its 20th listing anniversary on the...
SMIC President and CEO Frederic C. DyBuncio SM Investments Corp. (SMIC), the Sy family’s flagship, is considering launching its data center business in Batangas but is still waiting for better timing since foreign hyperscalers are still not too keen on setting up shop in the Philippines. In...
SM Investments Corporation (SMIC), the flagship of the Sy family, reported a seven percent improvement in consolidated net income to ₱82.6 billion last year from ₱77 billion in 2023 as its banking, real estate, and retail businesses fueled revenue growth. In a disclosure to the Philippine Stock...
SM Investments Corporation, the flagship of the Sy family, is cautiously optimistic and expects its upward trajectory to continue this year on the back of the strength of the Philippine economy. In an interview, SMIC Chairman Amando M. Tetangco Jr. said, “We will continue to grow in 2025. As many...
Ayala Corporation and San Miguel Corporation led 29 Philippine conglomerates and businesses that made it to Time magazine and Statista’s inaugural 500 Best Companies in Asia-Pacific for 2025. The ranking of 500 of the Asia-Pacific’s best companies by Time and Statista is based on a formula of...
The Sy family’s flagship SM Investments Corporation (SMIC) expects to stay on its long-term growth trajectory, banking on the Philippines’ resilient consumption-led economy, synergies across its business segments, and strong consumer fundamentals. “The Philippine economy remains...
Sy family flagship SM Investments Corporation (SMIC) bagged titles of Asia’s Most Influential Companies and Top Sustainability Advocates in Asia at the Asia Corporate Excellence and Sustainability Awards 2024 (ACES). “We are grateful for the recognition and are inspired to continue to work even...
SM Investments Corporation, the flagship of the Sy family, reported a nine percent growth in consolidated net income to P60.9 billion in the first nine months of 2024 from P55.9 billion in the same period last year on stronger earnings of its banking and property units. In a disclosure to the...
Alfamart, the SM Group’s super minimart chain, has opened its 2,000th store in a residential village in Sta. Rosa, Laguna, as it continues to enhance grocery accessibility in local neighborhoods and communities. "Alfamart sees immense value in serving underserved communities. Our 2,000th store...
SM Investments Corporation, the flagship of the Sy family and one of the country’s biggest conglomerates, reported a 10 percent improvement in consolidated net income to P40.2 billion in the first half of 2024 from P36.5 billion in the same period last year. In a disclosure to the...
The Sy family’s flagship SM Investments Corporation has been recognized by Hong Kong-based magazine Alpha Southeast Asia as the best company in the Philippines with the Strongest Adherence to Corporate Governance. Given during the magazine’s 14th Institutional Investor Corporate Awards, this...
SM Investments Corporation, the flagship of the Sy family, is alloting capital expenditures of P110 billion to P115 billion this year, 44 percent higher than the P80 billion spent in 2023, even as it continues to be cautiously optimistic about its prospects. During a briefing after the firm’s...
