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SM pushes ‘constructive dialogue’ on rail station

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SM Investments vice chair Teresita Sy-Coson: We’re keen on finding a solution. CONTRIBUTED PHOTO

Listed conglomerate SM Investments Corp. said it was open to a “constructive dialogue” with the Department of Transportation and Communications (DOTC) over the location of a railway common station in Quezon City that has held back the awarding of a major public-private partnership (PPP) deal.

Posted: September 11th, 2014 in Editor's Pick,Headlines | Read More »

Biz Buzz: Alfamart in PH

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Not to be left out in the convenience store race, SM Investments Corp. has rolled out three “experimental” stores in partnership with Indonesian retailing giant Alfamart, choosing the following high-density locations in the south: Trece Martirez and Dasmariñas in Cavite and another in Las Piñas.

Posted: August 8th, 2014 in Columnists,Inquirer Columns | Read More »

SMIC income down

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SM Investments Corp. (SMIC), the country’s largest conglomerate, posted a 3.1-percent decline in six-month net profit to P12.3 billion in the absence of extraordinary trading gains that jacked up the earnings of its banking business in the same period last year.

Posted: August 8th, 2014 in Headlines | Read More »

SMIC returns to offshore debt market

Conglomerate SM Investments Corp. is returning to the overseas debt market after two years with an offering of 10-year US dollar-denominated bonds.

Posted: June 4th, 2014 in Headlines | Read More »

SM nets P6.24B in Q1

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Screengrab from www.sminvestments.com

SM Investments Corp. posted a 16-percent year-on-year decline in first quarter net profit to P6.24 billion in the absence of large extraordinary trading gains that jacked up earnings of banking unit Banco de Oro Unibank in the same period last year.

Posted: May 14th, 2014 in Latest Business Stories | Read More »

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