The resilience of the Filipino shopper
The strong performance of retail in the first six months of 2022 not only speaks of the resilience of consumption in the Philippines despite economic headwinds. This also gives insight
Resurgence of fashion buoys SM Store Growth
With strong consumer spending in retail, donning stylish outfits is definitely back in season. The SM Store saw a resurgence in its fashion department with the lifting of community restrictions
Tagaytay Highlands’ Primrose Parks offers year-round ‘perfect modern summer’
Summer of 2022 brought pleasurable times to city folks who spent endless days reclaiming the sun and heading for beaches, farms, and mountain aeries to revel in it. With the
SM bags best IR and Corporate Governance in Southeast Asia awards
(26 August 2022, Pasay City, Philippines) SM Investments Corporation (SM Investments) tops two award categories in the recent Alpha Southeast Asia magazine awards based on a poll of industry investors.
Hamilo Coast and WWF: partners in eco-tourism and sustainability
Hamilo Coast, the premier beach resort town in Nasugbu, Batangas, may be the weekend haven of the country’s affluent set, yet it is on track as a thriving model of
2GO delivers financial turnaround in Q2 2022
(10 Aug 2022. Pasay, Philippines) 2GO Group, Inc. (2GO), the country’s leading transportation and logistics company and a subsidiary of SM Investments Corporation, delivered strong second quarter results, with net
SM joins Hall of Fame for excellence in Good Governance
(10 August 2022, Pasay City, Philippines) SM Investments Corporation (SM Investments) was recently cited as a Hall of Famer in the Corporate Governance category of the Asia Responsible Enterprise Awards
Sustainability mandate keeps Tagaytay Highlands safe for generations
In a semi-annual consumer sentiment survey conducted by PropertyGuru, respondents expressed their aspirations to live in sustainable homes, no matter the cost. More now prefer to future-proof their abodes by
SM’s business bright spot: Strong retail activity pushes SM net income 27% higher to PHP26B in H1
(03 August 2022, Pasay City, Philippines) SM Investments Corporation reported its consolidated net income increased 27% to PHP25.5 billion in the January to June period from PHP20.1 billion in the same
SMIC receives approval to acquire Philippine Geothermal Production Company (PGPC)
(1 August 2022. Pasay City, Philippines) – Today SM Investments Corporation (SMIC) received approval from the Securities and Exchange Commission to acquire the 81% stake of related parties in Allfirst
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.