Metro Pacific Investments Corporation reported a 23 percent hike in consolidated core net income to P9.5 billion for the first nine months of 2021 from P7.7 billion in the same period last year. In a press briefing, MPIC President and CEO Jose Ma. K. Lim said “this substantial improvement from...
SM Investments Corporation, the flagship of the Sy family, reported a 79 percent jump in consolidated net income to P27.2 billion in the first three quarters of 2021 from the P15.2 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
While a lot of businesses suffered because of lockdowns due to the pandemic, there are some companies like logistics firm Airspeed which found a niche and thrived. Airspeed, part of SM Investments Corporation’s portfolio investments, is one of the largest end-to-end logistics solutions and...
The pandemic and the climate crisis are increasing the pressure on corporations globally, including the Philippines, to take accountability for their impact on the environment and push for sustainability efforts. During the ASEAN Sustainability E-Summit on Friday, Tim Daniels, investor relations...
Some of the next generation leaders in the Philippines are bent on pushing for sustainability, even as they noted of challenges that need to be addressed to achieve the goal. 40301 During the first session of ASEAN Sustainability E-Summit on Thursday, Oct. 21, Mariana Beatriz Zobel de Ayala, vice...
SM Investments Corporation (SM) is calling on business leaders across the ASEAN region to adopt sustainable business practices during the Global Reporting Initiative (GRI)-SM ASEAN Sustainability E-Summit 2021. To be held on Oct. 21 and 22, the E-Summit will have the theme “Leaving No One Behind:...
SM Markets, the supermarket business of SM Investments Corporation, is expanding its presence only to serve more communities around the country. SM Markets Online, via https://smmarkets.ph/ is currently available in 70 branches in Metro Manila, Cebu, Davao and key cities in Luzon and Visayas. SM...
MyTown, the co-living brand owned by Philippines Urban Living Solutions (PULS) with SM Investments Corporation as majority shareholder, reported that it has boosted its corporate clientele by 70 percent during the pandemic. In a statement, the firm said this comes as it continued to expand its...
SM Retail, a subsidiary of SM Investments Corp., is continuing the expansion of Pet Express on growing demand for pet companionship during this pandemic. In a statement Friday, Sept. 24, SM Retail said it is opening three stores this year. “In the wake of hard lockdowns, the need for pet...
SM Investment Corporation reported that its broad vaccination efforts have intensified in solid support of national recovery. In a statement, the conglomerate said the health and safety of its workforce remain paramount with about 94 percent of eligible SM employees vaccinated to date and growing....
SM Investments Corporation, the holding company of the Sy family, has committed to support of the Task Force on Climate-related Financial Disclosures (TCFD) in a strong bid to ensure its businesses meet global sustainability targets. This was announced by SMIC during a Virtual Roundtable Discussion...
Metro Pacific Investments Corporation has committed to fully support the ASEAN Green Initiative (AGI) led by the ASEAN Centre for Biodiversity (ACB) in line with the United Nations Decade on Ecosystem Restoration. “As the Philippines’ leading infrastructure investment Company, MPIC is...
