SM Investments Q1 net income grows 27% on continued recovery momentum
(11 May 2022. Pasay City, Philippines) SM Investments Corporation (SM Investments) reported its consolidated net income grew 27% to PHP12.0 billion in the January to March period from PHP9.5 billion
SM Investments launches second integrated report, calls on recovering together
(02 May 2022. Pasay City, Philippines) SM Investments Corporation (SM Investments) released its Integrated Report for 2021 in line with the group’s Annual Stockholder’s Meeting (ASM) held on April 27,
Shareholders give nod to SM’s strategic bid for renewable energy investments
(28 April 2022. Pasay City, Philippines) – Shareholders of SM Investments Corporation (SM Investments) approved the company’s acquisition of Philippine Geothermal Production Company (PGPC), in line with SM’s strong commitment
SM signals optimism on business outlook as it hikes dividend payout to shareholders
(27 April 2022. Pasay City, Philippines) SM Investments Corporation (SM Investments) is optimistic about the outlook for business with the revival in economic activity. Reflecting this optimism, the company declared
SMIC to acquire Philippine Geothermal Production Company (PGPC)
(1 April, 2022. Pasay City, Philippines) – Today the Board of Directors of SM Investments Corporation (SMIC) approved the acquisition of the 81% stake from related parties in Allfirst Equity
SM companies win at the 57th Anvil Awards
(21 March 2022, Pasay City, Philippines) SM Investments Corporation (SM Investments) nets two wins from the recent 57th Anvil Awards dubbed as the Gabi ng Parangal last February 24, 2022,
All aboard! 2GO sets sail for affordable ‘revenge travels’ to Cebu
As more regions in the country open with less restrictions on leisure trips under the most relaxed Covid-19 alert level, 2GO and its partners launch the Sail & Stay in
SM, BDO take home sustainability awards
(04 March 2022, Pasay City, Philippines) SM Investments Corporation (SM Investments) and BDO Unibank, Inc. received the highest honors for their performance on sustainability initiatives from multimedia company the Asset
SM net income grows 65% to PHP38.5B in 2021
(28 February 2022, Pasay City, Philippines) SM Investments Corporation reported its net income increased 65% to PHP38.5 billion in 2021 from PHP23.4 billion in 2020. Consolidated revenues grew 9% to
Sailing Home: 2GO provides safe travel to returning heroes from Odette-hit areas
Modern heroes don’t wear capes, as they say. Sometimes, they are clad in leather protectors, insulated sleeves, and hard hats. As most Filipinos take part in the revelries of the
The SEC and sustainable finance
SEC Commissioner Kelvin Lester K. Lee elaborated on their ongoing and planned initiatives to develop sustainable finance market, promote investments in ESG in line with its SuperVision 2025 in the recent GRI-SM ASEAN Sustainability E-Summit.
2GO Travel allows passengers with vaccination cards
2GO Travel, the country’s largest premier sea travel provider said local government units of five destinations in its travel network have relaxed travel restrictions and have simplified entry requirements.
Alfamart opens its first store in Bataan
Alfamart, the first and only Super Minimart chain in the Philippines, recently opened its first store in the province of Bataan. The new location plays a pivotal role in Alfamart’s strategic expansion.
SM, GRI set sustainability agenda
SM Investments Corp. partnered with the Global Reporting Initiative (GRI) in this year’s GRI-SM ASEAN Sustainability E-Summit held on October 21 and 22.
More companies are carving pathways to sustainable business
SM together with Global Reporting Initiative (GRI) convened industry leaders and sustainability experts in a forum that tackled important issues and ESG principles as guideposts for enterprise action.
Sustainability will be a must in the new normal
With the tremendous impact of the COVID-19 pandemic on society, businesses are seen to heed the growing demand from consumers for sustainability to show that they care for both the environment and the community they operate in.
Finance sector collaborates with BSP on sustainability guidelines
Financial regulators led by the Bangko Sentral ng Pilipinas (BSP) are arming banks, financial institutions and corporates with the necessary tools and guidance in the effective management of climate and other environment-related risks.
Corporations feel growing public pressure for sustainability
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.
Incentives for banks being eyed – BSP
The Bangko Sentral ng Pilipinas (BSP) is considering giving incentives to banks that adhere to sustainability standards, according to BSP Deputy Governor Chuchi Fonacier in the recent GRI-SM ASEAN Sustainability E-Summit 2021.
PHL ‘might stand a chance’ on achieving sustainable dev’t goals
During the GRI-SM ASEAN Sustainability E-Summit, the Securities and Exchange Commission enjoined all publicly listed companies to help move the sustainability agenda forward by adopting more sustainability practices.