SMIC President and CEO Frederic C. DyBuncio SM Investments Corp. (SMIC), the Sy family’s flagship, is considering launching its data center business in Batangas but is still waiting for better timing since foreign hyperscalers are still not too keen on setting up shop in the Philippines. In...
Manuel V. Pangilinan-led First Pacific Co. Ltd. is directly investing ₱726.29 million in Maynilad Water Services Inc. through its ₱49 billion initial public offering (IPO) to offset a small portion of the dilution in the stake of subsidiary Metro Pacific Investments Corp. (MPIC). In a...
SM Investments Corp. (SMIC), the flagship of the Sy-led SM Group, is optimistic about the Philippines’ growth momentum, reaffirming its commitment to the economy’s future. In recent interviews on CNBC and Bloomberg, SM Executive Vice President for Treasury, Finance, and Planning Erwin G. Pato...
Metro Pacific Investments Corp. (MPIC) is aiming to seal a deal to sell about 20 percent of subsidiary Metro Pacific Tollways Corp. to a foreign strategic investor in the next two months. In an interview, MPIC Chairman, President and CEO Manuel V. Pangilinan said they have whittled the number of...
Pangilinan-led Metro Pacific Investments Corporation (MPIC) is investing ₱116.15 billion for capital expenditures this year as it expects its 2025 earnings to exceed the record performance in 2024. In a press briefing, MPIC Chief Finance, Risk, and Sustainability Officer Chaye Cabal-Revilla said...
Erwin G. Pato, Executive Vice President for Treasury, Finance, and Planning at SM Investments SM Investments Corp., the flagship of the Sy family’s SM Group, reported that it continues to strengthen its market leadership with sustained growth across key sectors, including retail, banking,...
SM Investments Corporation (SMIC), the flagship of the Sy family, expects 2025 to be another banner year, following its record performance in 2023 and 2024, on the back of the strength of its core businesses and portfolio investments. “We continue to be cautiously optimistic for 2025. We believe...
SM Investments Corporation (SMIC), the flagship of the Sy family, reported a seven percent improvement in consolidated net income to ₱82.6 billion last year from ₱77 billion in 2023 as its banking, real estate, and retail businesses fueled revenue growth. In a disclosure to the Philippine Stock...
Alfamart Philippines, the minimart business of the SM Group, is expanding its network by at least 200 more new stores in Luzon this year to strengthen further its commitment to making fresh goods and daily essentials more accessible to Filipino neighborhoods. As of end-2024, Alfamart had 2,100...
SM Investments Corporation, the flagship of the Sy family, is cautiously optimistic and expects its upward trajectory to continue this year on the back of the strength of the Philippine economy. In an interview, SMIC Chairman Amando M. Tetangco Jr. said, “We will continue to grow in 2025. As many...
Ayala Corporation and San Miguel Corporation led 29 Philippine conglomerates and businesses that made it to Time magazine and Statista’s inaugural 500 Best Companies in Asia-Pacific for 2025. The ranking of 500 of the Asia-Pacific’s best companies by Time and Statista is based on a formula of...
The Sy family’s flagship SM Investments Corporation (SMIC) expects to stay on its long-term growth trajectory, banking on the Philippines’ resilient consumption-led economy, synergies across its business segments, and strong consumer fundamentals. “The Philippine economy remains...
