Metro Pacific Investments Corporation (MPIC) is expanding its agriculture business by acquiring a 34.76 percent stake in listed coconut products exporter Axelum Resources Corporation for P5.32 billion. In a disclosure to the Philippine Stock Exchange, Axelum said it has entered into a strategic...
SM Investments Corporation is optimistic about its prospects this year as it pushes forward with its expansion and growth plans to reach more communities. “We are investing in the future growth of the Philippines as it continues to present tremendous potential,” SM Investments Corporation...
SM Investment Corporation’s logistics unit 2GO Group announced that it is now the country’s first to have mixed temperature vans that will boost the safe and secure transport of perishable goods. In a statement, the pioneer in less than container load (LCL) reefers in the Philippines said the...
Metro Pacific Investments Corporation’s possible voluntary delisting from the Philippine Stock Exchange is among the options being discussed by the firm’s board of directors due to the low market price of its shares. In a disclosure to the bourse, MPIC said it “discusses several options...
The SM Group of companies bagged six trophies during the ASEAN Corporate Governance Scorecard (ACGS) Awards which was hosted by the Institute of Corporate Directors Philippines. In statement, the group said SM Investments Corporation, SM Prime Holdings Inc., BDO Unibank Inc., China Banking...
SM Investments Corp. is looking forward to continue working with communities, particularly through micro, small and medium enterprises (MSMEs), to sustain and support growth and recovery. As SM pursues expansion and growth, the firm said it contributes to increasing economic activity and growing...
Seven members of the SM group of companies were recognized as top business taxpayers by Pasay City. In a statement, the conglomerate said the awards are among the highlights of the 159th founding anniversary of the City of Pasay which recognized the Top Taxpayers for both Business and Real Property...
mWell mWell , Philippines' first fully integrated health app and a DOH-recognized Telelemedicine Service Provider, partners with top names in technology, wellness, and healthcare. mWell’s ecosystem offers a holistic approach to digital healthcare-- from doctor consultation, e-pharmacy, emergency...
SM Investments Corporation has been recognized among Forbes’ sixth annual "World’s Best Employers" published in October in partnership with market research company Statista. Forbes and Statista selected the World’s Best Employers 2022 based on independent surveys of roughly 150,000 employees...
Investor sentiment in the local stock market is more upbeat and analysts expect share prices to continue climbing this week following positive economic data released last week and as more companies announced third quarter results. “So far, we’re seeing the bullish case for the local market...
Metro Pacific Investments Corporation (MPIC) reported that its attributable net income inched up four percent to P16.4 billion in the first nine months of 2022 from the P15.74 billion in the same period last year. In a press briefing, MPIC Chief Finance, Risk and Sustainability Officer Chaye A....
SM Investments Corporation, one of the country’s top conglomerates, reported that its consolidated net income leaped 50 percent to P42.9 billion in the first nine months of 2022 from P28.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its...