SM Investments Corporation (SM Investments), the Sy family’s flagship and one of the leading conglomerates in the Philippines, won a Stevie at the 20th Annual International Business Awards. In a statement, the firm said it bagged the Stevie Award as Bronze Winner for the Best Annual Report –...
While some bargain hunting may be seen this week at the stock market, sentiment will continue to be weighed down by slower economic growth, inflationary pressures, and the start of the Chinese ghost festival. “With our second quarter Real Gross Domestic Product growth coming in below...
Most of the Philippines’ 50 Richest on the Forbes Magazine list continue to increase their wealth with three newcomers on the list as the fortunes of the Gotianun, Yuchengco, and Lopez families have been passed on to the next generation. The combined wealth of tycoons on the 2023 Forbes list of...
2GO Group Inc., one of the country’s largest sea travel transportation solutions providers and a part of the Sy family’s SM Investments Corporation, has recently been accredited by the Department of Tourism (DOT) as a Tourism Water Transport Operator and Tourism Water Vessel. In a statement,...
SM Investments Corporation (SM Investments), the flagship of the Sy family, reported a 32 percent growth in its consolidated net income to P36.5 billion in the first half of 2023 from P27.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Ampleon, the world’s third largest radio frequency (RF) power products manufacturer based The Netherlands, is exploring the country’s tax incentives regime to help them grow their existing business in Laguna. A BOI statement released Friday, Aug. 4, said the company based in Nijmegen, The...
The Board of Investments (BOI) has issued Green Lane Certificates to P183 billion worth of investments from four sustainable projects, ranging from floating solar projects to data centers and common towers. BOI Managing Head Ceferino S. Rodolfo identified these strategic investments to include the...
SM Investments Corporation (SM Investments), one of the leading conglomerates in the Philippines has recently received three major wins at the 13th Asian Excellence Award of Corporate Governance Asia. The Hong Kong-based magazine conferred SM Investments with multiple awards including Asia’s...
CARMONA, Cavite – The province’s newest component city is now working to position itself as a prime location for businesses and foreign direct investments (FDIs). Carmona’s conversion from a first-class municipality into a city was ratified through a...
President Ferdinand "Bongbong" Marcos Jr. is optimistic that the country would get more Foreign Direct Investments (FDIs)--which can boost the country's economy--with the launch of the so-called green lanes. *President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy)* Marcos said this after he led the...
President Ferdinand "Bongbong" Marcos Jr. has assured that the One-Stop-Action-Center for Strategic Investments (OSAC-SI) of the Board of Investments (BOI) would not cause delays but would entice potential investors by lifting the bureaucratic load off them. *President Ferdinand ‘Bongbong’...
Citing the need for the country to be more competitive in terms of trade, President Ferdinand "Bongbong" Marcos Jr. said the government has to stop hiding behind "protectionist laws" to make the Philippines a fertile ground for investments. *President Ferdinand ‘Bongbong’ Marcos Jr. (Ali Vicoy)*...
