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...
Sy-led SM Investments Corporation, one of the Philippines’ largest conglomerates, sees new growth in its logistics and renewable energy units even as its core real estate, retail, and banking businesses continue to thrive with the country’s economy. “But, really, all of our businesses have...
The SM Group has partnered with the Technical Education and Skills Development Authority (TESDA) to expand the conglomerate’s J.O.B.S. (Jobs Opportunities Building Skills) program by integrating skills training into its nationwide job fairs. The group said this further aligns its efforts with the...
Sy-led SM Investments Corp. (SMIC) is expanding its renewable energy portfolio by developing more geothermal sites, commissioning new solar projects, and eyeing investments in wind energy. In a statement on Tuesday, Frederic C. DyBuncio, SMIC president and chief executive officer, said the company...
The Board of Investments (BOI) has sealed its first provincial partnership in Mindanao with the local government of South Cotabato, positioning the province as the premier investment hub in the Soccsksargen region. In a statement, the BOI said it has signed a memorandum of agreement (MOA) with...
Pangilinan-led Metro Pacific Investments Corp. (MPIC) has entered a memorandum of understanding (MOU) with Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch (Mitsui) and SteelAsia Manufacturing Corp. to explore the creation of a closed-loop steel recycling system that supports a circular economy....
