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...
Sy-led conglomerate SM Investments Corporation’s successful issuance of $500 million five-year bonds in 2024 has been awarded the “Philippine Capital Market Deal of the Year” by International Financing Review Asia (IFR Asia). IFR Asia cited SM Investments’ return to the US dollar bond...
Metro Pacific Investments Corporation’s (MPIC) digital healthcare arm mWell is pioneering the use of drones for the delivery of medicine in Southeast Asia in order to reach hard-to-access areas in the Philippines. In a statement, the firm said the service is designed to complement the...
Mr. Erwin G. Pato, SM Investments Executive Vice President for Treasury, Finance and Planning, receives the Anvil Award from Mr. Norman Agatep, Vice President for External, Public Relations Society of the Philippines for SM’s landmark Euro Medium-Term Notes Program. The SM Group, led by...
Watsons Philippines, a leading health and beauty retail brand under the SM Group, reported that ended 2024 with 1,166 stores after it opened 80 new stores last year as part of its strategic expansion. In a statement, the company said more than 50 of the new stores opened last year were...
