Tag: Chemphil

At the 24th MAP International CEO Conference, SM Investments President & CEO Frederic C. DyBuncio stressed long-term thinking beats short-term cycles amid shifts like AI and changing consumer demand. Drawing on 70 years in the Philippines, he highlighted the country’s enduring potential and fast-growing regional markets beyond Metro Manila as key opportunities. While tech aids trend analysis, he noted leadership judgment remains critical. SM’s self-sustaining retail, banking, and property units expand nationwide, generate their own growth, and deliver steady dividends—offering investors a resilient, disciplined model focused on future demand and customer focus.

The Bangko Sentral ng Pilipinas (BSP), alongside the Philippine Department of Finance, Japan’s Ministry of Finance, and the Bank of Japan, hosted the 3rd ASEAN+3 Task Force meeting in Puerto Princesa City. Technical representatives from member authorities gathered to advance regional financial cooperation and stability, with support from the ASEAN+3 Macroeconomic Research Office (AMRO).

The Philippines is pushing Association of Southeast Asian Nations to move from setting economic agendas to implementing concrete measures as the region confronts supply-chain disruptions, geopolitical tensions, trade restrictions and uncertainty in global markets.

Cebu-based Aznar Shipping Corp. posted a 155-percent jump in first-half net income as revenue more than doubled, giving the ferry operator stronger financial momentum as it moves toward a planned initial public offering.