Corporate

SM Investments Corp. (SMIC) is leaning on financial discipline, diversification, and ready access to capital to navigate persistent geopolitical and market volatility, Chairman Amando M. Tetangco Jr. told stockholders on Wednesday.

Aboitiz Equity Ventures Inc. (AEV) reported that its net income almost doubled in the first quarter of 2026, reaching P6.3 billion from P3.2 billion a year earlier. The figure includes P43 million in non-recurring gains.

Robinsons Land Corp., the property arm of the Gokongwei Group, has secured a key regulatory milestone in Singapore, becoming the first Philippine developer to complete due diligence requirements set by the Council for Estate Agencies (CEA). 

The controlling shareholders of Lopez Inc. on Wednesday escalated their criticism of controversial “poison pill” provisions tied to transactions between First Gen Corp. and Prime Infrastructure Capital Inc., warning that major institutional investors, including state pension funds, could face significant losses if the clauses are triggered.

SM Investments Corp., the investment holding company of the Sy Group, opened 2026 with steady earnings growth, reporting a 7 percent increase in first-quarter net income to P21.5 billion, supported by broad-based gains across retail, banking, and property.