SM Investments Corporation has listed its P15-billion fixed rate bonds at the Philippine Dealing and Exchange Corp. (PDEx) after the offering was 3.7 times oversubscribed to as much as P55 billion. Investors snapped up the bonds after the offering closed on February 11, 2022, a strong testament to...
Millennial Resorts achieves the first EDGE certification for Resort Hospitality in the Philippines TRANQUILITY EDGE-Certified Millennial Resorts feature the Cocoons and Club Laiya Millennial Resorts has achieved the very first EDGE (Excellence in Design for Greater Efficiencies) certification for a...
SM Investments Corporation (SMIC) has issued a statement reiterating that it has never had any ownership of nor is it in any acquisition talks for a property in Barangay Patungan, Maragondon, Cavite that is the subject of a court-ordered demolition. “The area of the demolition incident that...
SM Investments Corporation (SMIC), the holding company of the SM Group of Companies, is planning to raise up to P15 billion from a planned bond issuance. The conglomerate plans to issue P10 billion in bonds with an oversubscription option of up to P5 billion. The bonds have been assigned the...
2GO employee getting his COVID-19 vaccine The Philippine’s largest transportation and logistics provider, 2GO Group, Inc., completed its COVID- 19 vaccination drive after inoculating 96 percent of its workforce. “As a company operating in an essential industry, transporting passengers and...
SM Investments Corporation (SM) bagged three awards conferred by Hong Kong-based Alpha Southeast Asia magazine during its 11th Institutional Investor Corporate Awards 2021. The conglomerate was recognized for Most Organized Investor Relations, Best Senior Management Investor Relations (IR) Support,...
Metro Pacific Investments Corporation reported a 23 percent hike in consolidated core net income to P9.5 billion for the first nine months of 2021 from P7.7 billion in the same period last year. In a press briefing, MPIC President and CEO Jose Ma. K. Lim said “this substantial improvement from...
SM Investments Corporation, the flagship of the Sy family, reported a 79 percent jump in consolidated net income to P27.2 billion in the first three quarters of 2021 from the P15.2 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
While a lot of businesses suffered because of lockdowns due to the pandemic, there are some companies like logistics firm Airspeed which found a niche and thrived. Airspeed, part of SM Investments Corporation’s portfolio investments, is one of the largest end-to-end logistics solutions and...
The pandemic and the climate crisis are increasing the pressure on corporations globally, including the Philippines, to take accountability for their impact on the environment and push for sustainability efforts. During the ASEAN Sustainability E-Summit on Friday, Tim Daniels, investor relations...
Some of the next generation leaders in the Philippines are bent on pushing for sustainability, even as they noted of challenges that need to be addressed to achieve the goal. 40301 During the first session of ASEAN Sustainability E-Summit on Thursday, Oct. 21, Mariana Beatriz Zobel de Ayala, vice...
SM Investments Corporation (SM) is calling on business leaders across the ASEAN region to adopt sustainable business practices during the Global Reporting Initiative (GRI)-SM ASEAN Sustainability E-Summit 2021. To be held on Oct. 21 and 22, the E-Summit will have the theme “Leaving No One Behind:...
