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That is the title of SM Prime Holdings Inc.’s first-ever integrated report presented during its annual stockholders meeting last week. According to SM Prime President Jeffrey Lim, the Integrated Report 2020 translates the listed company’s business cycle into a concise, thorough, and transparent document combining both financial and non-financial information into one report. “It highlights how SM Prime remains productive even through times of crisis by keeping our businesses stable, supporting our partners, and continually contributing to nation-building,” he said at the virtual meeting. In previous years, the firm’s annual financial report was published separately from its sustainability report that adheres to the Global Reporting Initiative (GRI) standards. ....
SM Prime decides to maintain its capital expenditures for 2021 at ₱80 billion. The integrated property developer likewise elects three new independent directors to its board, which include former Bangko Sentral ng Pilipinas governor Amando Tetangco Jr. ....
Manuel “Manny” B. Villar Jr. MANILA, Philippines, April 7 (The Philippine Inquirer/ANN) – Seventeen tycoons from the Philippines – led for the third straight year by “brown taipan” Manuel “Manny” B. Villar – made it to Forbes magazine’s 2021 list of wealthiest people on the planet. Forbes, which has been counting persons with net worth of at least $1 billion for the last 35 years, announced a record-breaking roster of 2,755 billionaires, including 493 newcomers. This was seen as unprecedented by any measure, especially in a period when the COVID-19 pandemic has continued to wreak havoc on the global economy. Altogether, these billionaires are worth $13.1 trillion, up from $8 trillion on the 2020 list. Still at the top of the heap is outgoing Amazon CEO Jeff Bezos, who has an estimated net worth of $177 billion while Tesla and SpaceX founder Elon Musk pole-vaulted into the number two spot with an estimated wealth of $151 billion, up from No. 31 l ....
Philippines sees 17 tycoons on Forbes' global billionaire list; their wealth grew despite pandemic gasiantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gasiantimes.com Daily Mail and Mail on Sunday newspapers.
Published February 23, 2021, 7:16 AM After the SM Hotels and Conventions Corp.’s (SMHCC) properties have rolled out its contact tracing technology solutions across the country to fully intensify health and hygiene protocols, it was still waiting for the right timing and blessing from Mr. Hans Sy, Chairman of the Executive Committee of SM Prime, who wanted a unified solution in handling contact tracing data in malls. This was later enrolled in the system of the Retail group and its affiliates in the department stores. Initially, the contact tracing technology, developed and spearheaded by Eric Charles S. Uy, SMHCC Vice-President for Technical Services, had an impressive user base count from the influx of registered users from the malls, tenants, retail affiliates, and department stores. ....