Tag: SM Investments

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SMIC sees retail growth as consumer spending holds

Corporate Context.ph Context.ph -
SM Investments Corp. (SMIC) expects its retail business to maintain its growth momentum in the second half as resilient consumer spending, easing inflation, and...

SM stays on track for 2040 emissions goal

Energy & Mining Context.ph Context.ph -
SM Investments Corp. said it remains on course to cut its greenhouse gas emissions by 40 percent by 2040, betting that investments in renewable energy, energy efficiency, and sustainable finance will strengthen both its environmental performance and long-term business resilience.

Seven Philippine firms land on  Forbes Global 2000

Corporate Bulletins Context.ph Context.ph -
Seven Philippine companies earned places in the 2026 Forbes Global 2000, with SM Investments Corp. emerging as the country’s highest-ranked firm, highlighting the resilience of the nation’s corporate giants amid a volatile global business landscape.

SM Investments powers up renewables, cuts emissions 

Energy & Mining Context.ph Context.ph -
SM Investments Corp. is turbocharging its clean energy push, with renewables powering 31 percent of its operations in 2025, up from 27 percent in 2024. 

Belle eyes Clark as next casino hub

Property Context.ph Context.ph -
Belle Corp., the gaming and high-end leisure unit of SM Investments, is looking at Clark as the Philippines’ next major integrated resort destination amid rising tourism demand and improving infrastructure in Central Luzon.
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MGEN says Terra Solar 2 project remains preliminary

Energy & Mining 0
Meralco PowerGen Corp. (MGEN) said its proposed Terra Solar 2 project remains in the early stages of evaluation, tempering earlier reports of a potential expansion of its large-scale renewable energy portfolio.

Manulife Philippines names Santos operations chief

Corporate Bulletins 0
Manulife Philippines has appointed Erica Jurilla Santos as chief operations officer, effective Sept. 15, as the insurer moves to strengthen operational capabilities and accelerate business transformation.

MREIT secures SEC nod for P27B asset deal

Corporate 0
MREIT Inc., the real estate investment trust of Megaworld Corp., has secured Securities and Exchange Commission approval for its P27-billion Wave 5 property-for-share swap, clearing the way for its largest asset acquisition and pushing assets under management to about P122 billion.

DOF pushes wider sugar tax, rates up to P40

Economy 0
The Department of Finance (DOF) is pushing a broader and potentially more costly sugar tax, proposing excise rates of up to P20 on beverages using caloric sweeteners and P40 on those containing high-fructose corn syrup.

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