SM Investments Corporation (SM Investments) delivered another year of robust growth, reporting a consolidated net income of P82.6 billion in 2024, marking a 7% increase from P77.0 billion in 2023. Consolidated revenues climbed 6%, reaching P654.8 billion from P616.3 billion in the prior year. “We ended 2024 with a strong performance despite the high base…
The Metropolitan Manila Development Authority (MMDA) shared that they are expecting heavier traffic on major thoroughfares from the afternoon until evening due to payday Friday. “Actually sa umaga na ma-manage naman natin ng maayos yung traffic at ang problema ngayon nga is 28, katapusan—its payday Friday. So, we’re expecting so many people na lalabas at…
As the Philippines’ largest electric distribution utility, the Manuel V. Pangilinan-led Manila Electric Company (Meralco) leads the charge toward a more sustainable future. Through transformative initiatives that extend beyond its core business, Meralco is making significant strides in reshaping the country’s energy landscape. Rooted in the United Nations’ Sustainable Development Goals (UN SDGs), Meralco’s sustainability…
World Health Organization (WHO) director-general, Dr. Tedros Adhanom Ghebreyesus, announced on Thursday that the mpox upsurge continues and meets the criteria of a public health emergency of international concern as outlined in the International Health Regulations (IHR). The announcement came following the third meeting of the IHR Emergency Committee on the outbreak of mpox, which…
Senate President Francis “Chiz” Escudero stated that his colleagues turned down a proposal for an all-member caucus to deliberate on the next steps in Vice President Sara Duterte’s impeachment trial. Senate minority leader Aquilino Pimentel III had suggested holding a caucus to informally discuss the matter of convening, noting that the Senate went on recess…
A member of the House of Representatives’ prosecution panel stated that preparations for Vice President Sara Duterte’s impeachment trial are nearly complete. House assistant majority leader Raul Angelo “Jil” Bongalon of the Ako Bicol Party-list said on Thursday that they are 90% to 95% ready, having gathered substantial evidence and identified potential witnesses. He added…
Partnerships for impact. One Meralco Foundation, led by its president Jeffrey O. Tarayao (4th from right), brought its Household Electrification Program to Majayjay, Laguna, headed by Mayor Romeo P. Amorado (5th from right), with the help of Meralco Sta. Cruz Business Center led by head Elizer C. Acordo (4th from left). Through OMF’s Household Electrification…
Suraj Ramchandani, chief growth officer, CIMB; Ankur Sehgal, chief business and strategy officer, CIMB; Vijay Manoharan, CEO, CIMB; Jeffrey Navarro, country manager, Visa Philippines; Isidore Bada, head of clients, Visa Philippines; Oliver Ornido, director and account executive, Visa Philippines. Digital payments firm Visa and digital-only commercial bank CIMB Bank Philippines have announced an exclusive partnership…
The Supreme Court has requested that the leaders of the House of Representatives provide their comments on a petition filed by vloggers and social media influencers seeking a temporary restraining order (TRO) against congressional hearings on the spread of disinformation on social media. The petition for certiorari and prohibition, which includes a request for a…
Dr. Ava Easton Part One: The increasing global threat of encephalitis and what the world should be doing Expanding beyond the local context, the document outlines the global implications of encephalitis as illuminated by the WHO Technical Brief—developed with support from Encephalitis International. The brief categorizes encephalitis as a growing global threat, emphasizing its high…