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
SM Investments lists PHP15B bonds
Investors snap up bonds in largest SM offering since 2016 (18 February 2022, Pasay City. Philippines) SM Investments Corporation listed its PHP15 billion fixed-rate bonds at the Philippine Dealing and
2GO stories on the frontlines: serving others in the face of adversity
MANILA, 11 February 2022 – While Super Typhoon Odette (Rai) ravaged provinces across Southern Philippines, stories of malasakit (personal sacrifice, concern to help others) and resilience rang loudest even in
Alfamart: Serving and connecting underserved families and communities
Alfamart serves the underserved family customers who are unable to go online or live too far from a market and gives a variety of choices and value to those who prefer safe, personal community grocery shopping for essential goods.
2GO moves 500 tons of critical goods to typhoon-hit areas
MANILA, 21 January 2022 – 2GO Group, Inc.’s business arm 2GO Sea Solutions, the leader in domestic freight transportation in the Philippines, has transported 500 tons of relief goods port-to-port,
Airspeed bridges communities to bring critical relief to typhoon-hit areas
Integrated logistics firm Airspeed, a part of SM Investments Corporation’s portfolio investments, quickly responded to the call to bring relief to typhoon-stricken areas in the wake of Typhoon Odette (Rai).
Carmen Copper is One with the Community after Odette
Cebu-based mining firm Carmen Copper Corporation focused on helping its communities recover from the devastation of typhoon Odette (Rai) which hit Visayas and Mindanao on December 16, 2021. Efforts started
2GO offers free transport of relief goods to Odette-stricken areas
MANILA, 24 December 2021 – 2GO Group, Inc.’s business arm 2GO Sea Solutions, the leader in domestic freight transportation in the Philippines, has been transporting donations and relief goods port-to-port,
SM Investments clinches Best IR website award
(17 December 2021, Pasay City, Philippines) Philippine conglomerate SM Investments Corporation (SM Investments) won the Best Investor Relations website award in the recent IR Magazine South East Asia Awards 2021.
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.