Thursday, May 7, 2026
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Tag: SMIC

PCCI lauds SMIC, BDO as ‘country movers’ for national development

The Philippine Chamber of Commerce and Industry (PCCI) recognized SM Investments Corp. and BDO Unibank Inc. as among this year’s “country movers,” highlighting their...

SMIC named ‘Conglomerate of the Year’ at 21st International Business Awards

The International Business Awards (IBAs), one of the world’s premier business awards programs, conferred SM Investments Corp. with distinguished accolades at the 21st Annual...

SMIC cautiously optimistic as first-half profit hit P40.2b

Conglomerate SM Investments Corp. (SMIC) of the Sy family posted a net income of P40.2 billion in the first half of 2024, up by...

SMIC returns to bond market, raises $500m

Conglomerate SM Investments Corp. (SMIC) returned to the offshore bond market with the issuance of $500 million five-year US dollar-denominated bonds amid strong investors...

SM Group raises $500 million from global bond market

SM Investments Corp. said Thursday it priced a $500-million drawdown from its $3-billion multi-issuer euro medium-term notes (EMTN) program established in May this year....

SMIC taps 6 foreign, local banks to arrange dollar bond offering

Conglomerate SM Investments Corp. (SMIC) said Tuesday it mandated four foreign and two local banks to arrange a series of fixed-income investor meetings for...

SMIC spending up to P115b to expand property, retail businesses

SM Investments Corp. (SMIC) of the Sy family said Wednesday it is spending between P110 billion and P115 billion this year primarily to support...

SM Investments vows to pursue expansion outside Metro Manila

Conglomerate SM Investments Corp. (SMIC) said Friday it will continue pursuing regional development as it sees huge opportunities outside Metro Manila. “There is a lot...

SM Group reported six-month profit of P36.5 billion

SM Investments Corp., the holding company of the SM Group, reported a consolidated net income of P36.5 billion in the first six months of...

Stock market extends retreat; BPI, SMIC lead active gainers

Stocks fell Wednesday, following a downbeat lead from Wall Street as investors braced for Fed boss Jerome Powell’s testimony to the US Congress. The PSE...

SMIC names Tetangco new board chairman

SM Investments Corp. announced Friday the appointment of former Bankgo Sentral ng Pilipinas Governor Amando Tetangco Jr. as its new chairman. SMIC said in a...

SMIC’s 9-month income jumped 50% to P42.9b

Conglomerate SM Investments Corp. said Wednesday net income climbed 50 percent in the first nine months to P42.9 billion from P28.6 billion in the...

SMIC hikes stake in Airspeed Group to 51% to build up logistics business

Conglomerate SM Investments Corp. said Wednesday it increased its stake in logistics firm AIC Group of Companies Holding Corp., or Airspeed Group, to 51...

SMIC takes over Goldilocks Bakeshop

Conglomerate SM Investments Corp. is acquring more shares to have a controlling interest in Goldilocks Bakeshop Inc. SMIC said in a disclosure to the stock...
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