The Securities and Exchange Commission (SEC) has revoked the corporate registrations and issued fines against two construction companies owned by the Discayas, contractors linked to a high-profile flood control corruption scandal, for submitting false beneficial ownership information. In separate...
President Marcos has slammed the contractor behind the P96.4-million flood control project in Calumpit, Bulacan, saying they need to explain why the project failed. Marcos said he will have St. Timothy Construction Corporation to answer to the alleged failed rehabilitation of the river protection...
SM Investments Corporation (SMIC), the flagship of the Sy family, expects 2025 to be another banner year, following its record performance in 2023 and 2024, on the back of the strength of its core businesses and portfolio investments. “We continue to be cautiously optimistic for 2025. We believe...
Of all the trash we generate, plastics likely have the strongest chokehold on us. They are produced massively and at a pace which human consumption cannot keep up. This material offers convenience (and profit, of course, for the top plastic polluters) at the cost of a warming climate. What a...
While the coverage of its sustainability program is very broad, SM Investments Corporation (SMIC), the holding company of the SM Group, is putting more emphasis on projects that have the greatest impact on people and the environment through a more practical approach. Acknowledging the critical role...
SM Investments Corporation (SMIC) reported that it is advancing meaningful discourse on climate action and fostering partnerships aligned with efforts to support the country’s commitment to address climate change. In a statement, the firm said it extended its support for the promotion of a low...
The Sy siblings’ flagship SM Investments Corporation (SMIC) is expecting that its portfolio investments will account for more than 10 percent of overall earnings in the medium term. The firm’s investments are in integrated resorts through Belle Corporation, in copper mining through Atlas...
SM Investments Corporation (SMIC) has confirmed that the planned $1-billion initial public offering (IPO) of real estate SM Prime Holdings Inc., one of the largest integrated real estate companies in Southeast Asia, will be moved to 2024 instead of later this year. During the investor conference...
A young Filipino architect has just completed a prestigious master’s degree in Europe. Timothy Augustus Y. Ong just returned from Italy where he completed a two- year program, the Erasmus Mundus joint master’s degree in architecture, landscape, and archaeology conducted by four renowned...
With eyes set on redemption and reclaiming the lost glory for Filipinos in the Dota 2 professional scene, Tier One Entertainment has finally unveiled the roster of its Blacklist International Dota 2 team that is set to see action in the 2022-’23 DPC season. Photo from Blacklist International The...
Manny Pacquiao and Errol Spence Jr. (Photo from Manny Pacquiao'' Twitter account) Former opponents of Manny Pacquiao have added their voice to the Filipino boxing legend's mega-bout against unified WBC and IBF welterweight champion Errol Spence Jr. on August 21. Both Jessie Vargas and Timothy...
Partial operability of a segment of the Philippine National Railway's (PNR) Bicol Project is expected to begin in the second quarter of 2022, the Department of Transportation (DOTr) said. PNR123 Transportation Secretary Arthur P. Tugade said the Department and its attached agency, the PNR, is...
