Corporate

SM Investments Corp. (SM Investments), the parent company of the SM Group, received the Platinum Award for Asia’s Best Materiality Reporting at the 11th Asia Sustainability Reporting Awards (ASRA)held recently at the Grand Hyatt Singapore.

D&L Industries reported recurring income of P1.95 billion in the first nine months, an 8 percent increase year-on-year. In the third quarter alone, recurring income reached P554 million, up 12 percent, driven largely by resilient volume growth despite elevated coconut oil prices.

Petron Corp., the country’s largest oil refiner and fuel retailer, reported a 37 percent increase in net income to ₱9.7 billion for the first nine months of the year, up from ₱7.1 billion in the same period last year.

Ayala Corp. heiress Mariana Zobel de Ayala and Robinsons Land Corp. (RLC) president and CEO Mybelle V. Aragon-GoBio have been named to Forbes Asia’s 2025 Power Businesswomen list, recognizing 20 influential female leaders driving change across the region.

Aboitiz Equity Ventures Inc. (AEV) reported a consolidated net income of ₱8.9 billion for the third quarter of 2025, a 71 percent increase from the previous quarter, driven by stronger performance across most of its business units. The result underscored the group’s resilience and ongoing transformation into the Philippines’ first “techglomerate,” a future-ready conglomerate powered by innovation, sustainability, and collaboration.