A Legacy of Business Excellence
SM Investments Corporation (SMIC) has grown from a modest shoe store in Manila, founded by Henry Sy, Sr. in 1958, into the Philippines’ largest and most diversified conglomerate. Headquartered in Pasay City, the company is a dominant force in retail, property development, and banking, serving millions of Filipinos through its vast network of businesses. As a holding company, SMIC oversees operations across its subsidiaries, including market leaders SM Prime Holdings, Inc., BDO Unibank, Inc., and China Bank Corporation.
A Retail Powerhouse Serving Millions
SMIC’s retail business is one of its core pillars, with over 4,200 stores nationwide, offering a comprehensive range of products and services. Its brands, including The SM Store, SM Supermarket, SM Hypermarket, and Savemore, have become household names, providing convenience and affordability to Filipino consumers. The SMAC loyalty program, with over 10 million members, enhances customer engagement through exclusive rewards and promotions. Additionally, the company promotes sustainable shopping through the SM Green Finds program, which features over 12,000 eco-friendly products, encouraging consumers to make greener choices.
Transforming Urban Landscapes Through Sustainable Property Development
SM Prime Holdings, Inc., the company’s real estate arm, leads the development of integrated lifestyle communities that contribute to the modernization of cities across the Philippines. SM Investments operates 95 malls across the Philippines and China, attracting millions of visitors daily. These malls serve as community hubs, integrating residential, office, hotel, and convention spaces to create thriving economic and social centers. SM Prime also integrates sustainable design features, such as water catchment systems, solar energy installations, and waste management solutions, reinforcing its commitment to environmental stewardship.
Leading the Banking Industry With Financial Innovation
SMIC’s presence in the financial sector is anchored by BDO Unibank, the largest bank in the Philippines, with over 1,700 branches and more than 4,800 ATMs. BDO provides a full suite of financial services, from consumer and business banking to insurance and wealth management. Its focus on digital banking enhances accessibility and convenience for customers nationwide. Meanwhile, China Bank plays a critical role in supporting business expansion through its lending programs and financial solutions.
Pioneering Renewable Energy Investments
SM Investments is committed to sustainability and responsible growth, particularly in the energy sector. Through its subsidiary, Philippine Geothermal Production Company (PGPC), the company has invested in geothermal energy projects that have generated over 2,600 GWh of clean energy. With ongoing exploration in five new geothermal contract areas, the company aims to add up to 400 megawatts of capacity over the next five years, contributing to the Philippines’ transition to a low-carbon economy.
Expanding Logistics for a Resilient Supply Chain
Recognizing the growing demand for efficient logistics, SMIC has expanded its investments in this sector. 2GO Group, one of its key logistics companies, has recently added two new ships to its fleet, with plans for further expansion. Meanwhile, Airspeed, another subsidiary, provides customized logistics solutions tailored to the needs of small and medium enterprises (SMEs), supporting their growth and competitiveness in the market.
Empowering Communities Through Inclusive Growth
SMIC’s vision extends beyond business growth—it is deeply committed to creating shared value for communities. Through various initiatives, the company supports education, healthcare, and micro, small, and medium enterprises (MSMEs). As one of the largest platforms for MSMEs in the Philippines, SMIC actively engages with over 100,000 MSMEs, providing them with market access, financing, and mentorship opportunities. By fostering entrepreneurship, SMIC strengthens local economies and promotes inclusive development.
A Sustainable Future for the Philippines
SM Investments Corporation continues to be a driving force in the Philippine economy, integrating sustainability into its core business strategies while pursuing high-growth investments. With its unwavering commitment to stakeholders, a focus on innovation, and a clear vision for the future, SMIC is well-positioned to sustain its growth trajectory and contribute meaningfully to national development.
