Business

SMDC’s ICE Tower Residential Offices Empowering Enterprise, Enabling Entrepreneurs

Success is an iceberg; what people see is only on the surface,” says Time Magazine writer Alex Altman. Its pinnacle juts out of a vast ocean, yet beneath it, unseen, are things that make it rise gloriously to the top: hard work, sacrifices, discipline, perseverance, rejections, failure and risk. Crystals of small victories and tribulations slowly coalesce and gather momentum, …

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On The Right Track to Recovery: SM Supermalls Records 2M Jabs

SM Supermalls celebrates another milestone in its vaccination drive in partnership with the government: the administering of the 2 Millionth COVID-19 vaccine dose today, August 5, at the Mega Vaccination Center in SM Megamall.

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Davao teacher touches lives through agriculture

Jeffrey Toleran, a high school teacher from Davao City, exemplifies how an SM Foundation (SMFI) Kabalikat Sa Kabuhayan (KSK) on Sustainable Agriculture farmer-graduate put into good use all the learnings acquired from the said training program.

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Partnership in building a nation of homeowners.

SMDC, SM Prime, DHSUD, and the Local Government Unit of Iloilo City recently inked an agreement to develop the Uswag Low-rise Residential Building in Brgy. San Isidro, Jaro, IloIlo City. The housing project is expected to benefit low-income, local government regular employees. Present at the online MOA signing (from left to right) DHSUD, Secretary Eduardo del Rosario; SMDC President, Jose …

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ICTSI’s net income for the 1st half of 2021 increased by 73% to $196.7-M across all indicators exceeds 2019 pre-pandemic levels

Throughput grew 14% to 5.5 million TEUs Revenues increased 22% to US$882.6 millionEBITDA 28% higher to US$532.5 million 

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New XTREME Cool Portable Aircon for your home

Whether during the summer or rainy season, Filipino households have practically deemed air conditioning units as one of the most essential appliances at home. XTREME Appliances, the country’s leading one-stop shop appliances, offers a wide range of air-cooling products to cater to the needs and preferences of Filipino households — window type, split type, floor standing, ceiling cassette, and ceiling …

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ICTSI Honduras, Big Creek Terminals ink mutual benefit pact

Operadora Portuaria Centroamericana (OPC), the Honduran subsidiary of International Container Terminal Services, Inc., has signed a sister port agreement with the Port of Big Creek in Belize to strengthen relations and promote interconnectivity between the two Central American ports. The partnership benefits both ports and their respective areas of influence.

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ALI’s first half of 2021 income up 34%, presales jump 45% in 2Q of 2021

Ayala Land Inc. (ALI) registered consolidated revenues of P49.0 billion and a net income of P6.0 billion in the first six months of 2021, up 19% and 34% respectively from the same period in 2020, as the company showed significant improvements in performance compared to the first half of 2020 during the onset of the pandemic. In the second quarter …

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AREIT net income up 31% to P1.34 billion in first half of 2021

Ayala Land’s pioneering Real Estate Investment Trust (REIT) in the Philippines, AREIT Inc. (AREIT), posted revenues of P1.36 billion and earnings before interest, taxes, depreciation and amortization (EBITDA) of P1.05 billion for the first half of 2021, a 49% and 39% growth, respectively, versus last year.  This is a result of the positive contribution of new properties, The 30th in …

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New Clark International Airport terminal dedicates lounge to OFWs

As a gesture of appreciation to the country’s modern day heroes, the newly completed Clark International Airport terminal building has dedicated a transit lounge exclusively for the use of overseas Filipino workers (OFWs).

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