SM Investments Corp. is looking to renewable energy and logistics to become bigger engines of portfolio growth as the conglomerate prepares for a possible decline in the segment’s contribution after Atlas Consolidated Mining and Development Corp. is transferred to another listed SM entity.
South Korean fashion platform Musinsa is making the Philippines a springboard for its Southeast Asian ambitions, betting that the country’s young consumers can help turn Korean fashion’s popularity into a bigger retail business.
2GO Group Inc. expects growth to remain broad-based across its shipping, passenger, and logistics businesses, with higher airfares making sea travel a more attractive option for passengers heading to the Visayas and Mindanao.
ABS-CBN Corp. is raising P6 billion in fresh equity as the media giant looks to shore up its balance sheet and accelerate a business reset built around content, intellectual property, and entertainment.