Alfamart Philippines, the minimart chain of the SM group, is ramping up its nationwide expansion with the launch of its franchising program, which also opens doors for the growth of micro, small, and medium enterprises (MSMEs). SM Investments Corp.said Alfamart’s pilot began in Laguna with two...
Metro Pacific Tollways Corp. (MPTC) plans to raise up to ₱20 billion through a planned bond issuance, while continuing to explore options to reduce debt, as market conditions are still not favorable for an initial public offering. Philippine Rating Services Corp. (PhilRatings) said MPTC is...
SM Investments Corp. led four firms under the SM Group that have been certified as a Great Place to Work for 2025 by Great Place to Work, the global authority on workplace culture. Other SM companies also earned Great Place to Work Certification this year, including SM Prime Holdings, Inc., SM...
Investors are more keen in investing in a country whose leader fights corruption. This was how Malacañang made an assurance over the reputational risks the ongoing investigation on corruption practices may cause to domestic and foreign investments. "We all know that investors want to invest in...
The Board of Investments (BOI) expects a reduction in the imports of livestock and poultry through the broader adoption of good animal husbandry practices (GAHP), which aim to ensure the safety and health of both farm workers and animals. In a statement, the BOI said it is working to promote the...
The local pharmaceutical industry is expected to generate nearly $2 billion in revenues this year, with more potential for growth as the government eyes stronger support for domestic manufacturing, according to the Board of Investments (BOI). The BOI, the country’s lead investment promotion...
The SM Group, through its retail subsidiaries, is expanding its product lines and enhancing accessibility nationwide to meet the rising demand for beauty and wellness products. In a statement, SM Investments Corp. said SM Beauty offers more than 1,000 beauty brands across its 77 branches, with...
The Sy family’s flagship SM Investments Corp. is selling a prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc., while preparing a corporate vehicle for its first premium residential project under the newly launched Signature Series brand. In a disclosure to...
Ten Philippine companies, including conglomerates Ayala Corp. and SM Investments Corp., made it to TIME Magazine and Statista’s World 's Best Companies 2025 list, which measures employee satisfaction, revenue growth, and sustainability transparency. The list, which includes 1,000 companies...
Senate President Francis “Chiz” Escudero expressed confidence that more foreign investors will look at the Philippines as an ideal investment destination with the enactment of a law that extends their land lease contract to 99 years. The measure, principally authored by Escudero during the...
Metro Pacific Investments Corp.’s (MPIC) digital healthcare arm, mWell, has launched the country’s first fully digital health identity designed to enable Filipinos to carry their complete personal health records in their pocket. Accessible via the mWell app, the mWell Health ID serves as a...
Pangilinan-led Metro Pacific Investments Corp. (MPIC), the Philippines’ leading infrastructure investments company, has appointed former Philippine Airlines President Gilbert Gabriel F. Santa Maria as the new President and CEO of Metro Pacific Tollways Corp. (MPTC), effective Sept. 1, 2025. Santa...