Corporate
SMIC sees shares as undervalued amid growth prospects
SM Investments Corp. (SMIC), the flagship investment holding firm of the Henry Sy Group, believes its shares are “significantly undervalued” considering the company’s strong financial performance and long-term growth potential.
BPI brings banking to drugstores in push for financial inclusion
Bank of the Philippine Islands (BPI) president and CEO Jose Teodoro “TG” Limcaoco visited Rodamel Drugstore in Tuguegarao to highlight the bank’s push toward more inclusive, community-based banking through its “May BPI Dito” initiative.
Security Bank ups bid for Home Credit PH stake
Security Bank Corp. has raised its acquisition price for a 25percent stake in Home Credit Philippines to ₱11.59 billion, marking a ₱1.22-billion increase from its initial offer to MUFG Bank Ltd., which currently holds the shares.
SMC Tollways reports steady profit, accelerates TR4 construction
SMC Tollways Corp., a unit of San Miguel Corporation, reported a 3 percent increase in net income to ₱4.9 billion for the first half of 2025, up from ₱4.8 billion year-on-year.
Toyota remits ₱24B in duties, leads Batangas Port collections
Toyota Motor Philippines Corp. (TMP), a unit of GT Capital Holdings Inc., has been recognized as the top customs revenue contributor to the Bureau of Customs-Port of Batangas for the first half of 2025.
