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....
SM Investments Corp., the flagship of the Sy family’s business group, is strengthening its entertainment ecosystem across its portfolio to be more appealing and in tune with the preferences of the new generation of Filipino consumers. “At SM, we recognize the younger generation’s growing...
After reducing its stake in EEI Corporation last year, the Yuchengco Group’s flagship House of Investments (HI) has laid down its ₱22 billion investment plan for 2025 and 2026 focusing on expanding its renewable energy, property, and education businesses. “Our investment roadmap is more than...
The Board of Investments (BOI) has approved the registration of the country’s most advanced cancer treatment technology yet, poised to harness artificial intelligence (AI) to offer more precise and non-invasive care for Filipino patients. In a statement on Monday, Aug. 11, the BOI said it has...
The Aboitiz and Yuchengco groups have secured their respective boards’ approval for a planned joint venture to significantly expand the TARI Estate in Tarlac by 184 hectares to 384 hectares. The joint venture agreement is between LIMA Land, Inc., a wholly owned subsidiary of Aboitiz InfraCapital...
Macau-based Melco Resorts & Entertainment Ltd. is talking to about two prospective buyers or investors for its City of Dreams Manila integrated resort, which it is operating using the property of Belle Corp. and the license of Premium Leisure Corp., both of the SM Group. “At the moment, as far...
Citing that the Philippines ' investment environment has become open and liberal, President Marcos urged Indian business leaders to seize the growing opportunities in the country. During a roundtable meeting with Indian business leaders on Wednesday, Aug. 6, Marcos encouraged them to engage...
Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) reported a 20 percent increase in net income for the first half of 2025, driven by improved financial and operational performance and strong contributions from its energy, water, and hospital businesses. During a financial briefing,...
Sy family-led SM Investments Corp. (SMIC) is optimistic about the second semester after it posted a six-percent improvement in consolidated net income to ₱42.6 billion in the first half of 2025 from ₱40.2 billion in the same period last year as its business benefited from the growing economy....
The SM Group continues to tap into the synergy within its ecosystem, as well as with its customers and various business units, to help uplift communities. Through one of these partnerships, almost 90,000 students, youth, farmers, women, and children have benefitted from Shop & Share, a flagship...
