Wednesday, 3 July 2024
10 hours ago
SM Store’s Shop & Share provides school kits for 12,000 students
The SM Store has relaunched its Shop & Share for Education program for the 2024-2025 school year.
9 Jun 2024
1:10PM
SM conglomerate puts sustainability on par with growth push
By: Miguel R. Camus
The SM Group is balancing sustainability goals with its corporate and financial growth objectives.
21 May 2024
12:38PM
SM Markets' major expansion: 15 new provincial stores in 2024
The SM Group’s SM Markets is set to open 10-15 new stores this year to provide provincial regions better access to modern grocery shopping.
8 May 2024
12:20PM
Sy’s SM Investments “cautiously optimistic” on steady first quarter profits
By: Miguel R. Camus
Resilient consumer spending during the first quarter of 2024 pushed up profits of the Sy family conglomerate SM Investments Corp. by 6 percent to P18.4 billion, while total revenues grew 4 percent to P144 billion.
8 May 2024
9:36AM
SM Group sets up $3B offshore bonds program
By: Miguel R. Camus
The SM Group, owner of the country’s No. 1 bank and shopping mall chain, is looking to bolster growth through a $3 billion European medium-term note (EMTN) program, which marks its biggest fundraising effort to date.
24 Apr 2024
8:31PM
SM Investments maps out P120 billion spending for 2024 expansion
By: Miguel R. Camus
The Sy family conglomerate SM Investments Corp. is ramping up spending across its property, retail and portfolio companies to the tune of P120 billion this year to sustain growth after earnings touched a historic high in 2023.
9 Apr 2024
1:10PM
Sy family’s SM gets P1.3B stake in Grab, signalling broadening ambitions in tech
By: Miguel R. Camus
The Sy family-led conglomerate SM Investments Corp. has gained a P1.3-billion stake in regional ride hailing giant Grab, part of small but meaningful moves to expand outside its core segments.
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