SM Investments Corporation, the holding company of the Sy family, has committed to support of the Task Force on Climate-related Financial Disclosures (TCFD) in a strong bid to ensure its businesses meet global sustainability targets. This was announced by SMIC during a Virtual Roundtable Discussion...
Metro Pacific Investments Corporation has committed to fully support the ASEAN Green Initiative (AGI) led by the ASEAN Centre for Biodiversity (ACB) in line with the United Nations Decade on Ecosystem Restoration. “As the Philippines’ leading infrastructure investment Company, MPIC is...
Metro Pacific Investments Corporation (MPIC) reported a 13 percent improvement in consolidated core net income to P6.0 billion for the first half of 2021 from P5.3 billion in the same period last year. In a press briefing, MPIC President Jose Ma. K. Lim said “This is a substantial improvement...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
Metro Pacific Investments Corporation (MPIC), through its operating companies and with the support of various businesses led by Manuel V. Pangilinan, launched its GABAY Advocacies that aimed to champion a sustainable Philippines through a two-hour digital concert featuring the country’s top OPM...
SM Investments Corporation (SMIC) has taken control over 2Go Group Inc. with the completion of the divestment of Dennis A. Uy from the company in favor the Sy family’s investment arm and Singapore private equity fund Archipelago Capital Partners Pte. Ltd. In a disclosure to the Philippine Stock...
Metro Pacific Investments Corporation (MPIC) is interested in partnering with to other vaccine manufacturers globally to locally produce a COVID-19 vaccine as well as for other diseases since the Philippines has yet to produce a single vaccine of its own. “You know, if you're at it anyway, you...
Six Philippine companies, led by the Sy family’s SM Investments Corporation and BDO Unibank, made it to Forbes Magazine’s 19th annual Global 2000 list. The list is an international ranking of the world's biggest, most-powerful and most-valuable companies based on an analysis of four metrics:...
SM Investments Corporation (SMIC), the flagship of the Sy family, reported a five percent improvement in consolidated net income to P9.5 billion in first quarter of 2021 from the P9.0 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
Metro Pacific Investments Corporation reported a 272 percent surge in attributable consolidated net income to P7.0 billion in the first quarter of 2021 although core profits declined. In a media briefing, MPIC President Jose Ma. K. Lim said the firm’s bottomline benefitted from the gain...
SM Investments Corporation, a giant conglomerate whose businesses cater mostly to consumers, is focusing on the country’s recover from the pandemic by supporting moves to get people vaccinated against COVID-19. During the firm’s annual stockholders’ meeting, SMIC President and CEO...
SM Investments Corporation (SMIC) has joined a business group of dedicated global sustainability champions through the 50 Sustainability & Climate Leaders campaign with a focus on responding to climate change. This makes SMIC the only Filipino company to join the campaign among countries like...