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...
Meritocracy is no longer a buzzword in the corporate world. It's becoming a key indicator of effective governance, as companies increasingly prioritize expertise and independent judgment in their boardrooms to navigate a rapidly evolving business landscape. While many companies boast about their...
West Zone concessionaire Maynilad Water Services Inc., a partnership between Metro Pacific Investments Corporation (MPIC), DMCI Holdings and Marubeni Corporation, is already talking to several banks in preparation for its planned $1 billion initial public offering (IPO). In an interview at the...
Metro Pacific Tollways Corporation (MPTC), a subsidiary of Pangilinan-led Metro Pacific Investments Corporation (MPIC), is raising P30 billion to P50 billion in equity to pay for maturing obligations. In an interview at the sidelines of Management Association of the Philippines general membership...
Gone are the days of billboards and TV commercials dominating the advertising landscape. In the Philippines, where social media usage is among the highest in the world, businesses are increasingly relying on digital platforms to reach consumers. This shift has fueled an explosion of opportunities...
Metro Pacific Water Solutions (MPWS), a unit of the Metro Pacific Group, has signed a memorandum of understanding (MOU) with Hitachi Asia Ltd., a subsidiary of Hitachi Ltd., to explore potential joint projects in the water and wastewater management sector in the Philippines. In a statement, Metro...
The Sy family’s SM Group is optimistic about the country’s economic growth prospects in 2025, despite challenges such as peso volatility and high inflation. In a statement, SM Investments Corporation (SMIC) President and Chief Executive Officer Frederic C. DyBuncio, said the group plans...
The SM group is planning to significantly expand the SMX Convention Center Clark by 2026–2028 to boost its capacity to host large-scale events and address the growing demand in the region. SM Investments Corporation stated that this is made possible by its integrated property development...
Metro Pacific affiliate Axelum Resources Corporation, the country’s leading fully-integrated manufacturer and exporter of premium coconut products, expects to perform even better next year after turning its performance around in 2024. “Rising demand in key export markets continue to fuel our...
