Sunday, May 31, 2026

Shirley Agrupis's leadership at CHED is under scrutiny due to governance issues



Concerned employees of the Commission on Higher Education (CHED) have filed administrative and ethics complaints against Chairperson Shirley C. Agrupis, raising concerns about the organization's governance, policymaking, and leadership. 

The complaints, which were purportedly sent to the Office of the President, include issues with appointments, workplace management, administrative procedures, and the use of government programs and events. Complainants are asking for a review of certain decisions made during Agrupis' administration because CHED is tasked with overseeing the country's higher education system.

One of the issues raised was the National Directorate Meeting, which was held in January at Mariano Marcos State University (MMSU) and attended by CHED directors, state university and college (SUC) presidents, and representatives from the Department of Education (DepEd) and the Technical Education and Skills Development Authority (TESDA). According to the lawsuit, authorities from all around the country were required to attend the week-long event, where a biographical movie called "Shirley" was allegedly screened.

The film reportedly focused on the chairperson's life and accomplishments. Opponents questioned the propriety of using government resources, staff time, and official activities for such a presentation, arguing that agency events should remain focused on institutional goals and the pressing concerns affecting higher education.

The complaint also revisits the proposed General Education (GE) curriculum revision, which sought to reduce GE units to 18. CHED made the decision to delay the proposal's adoption until after further negotiations in response to harsh criticism from educational institutions, organizations, and instructors. Critics claim that the episode demonstrated how important it is for stakeholders to participate in policymaking, particularly when it comes to measures that will significantly affect higher education institutions nationwide.

Additionally, employees questioned what they saw as inconsistent adherence to the travel rules. According to the complaint, SUC presidents were subject to restrictions on their official travel whereas the CHED chairperson continued to travel both domestically and internationally during her term. Critics claimed that the apparent disparity raised concerns about fairness, consistency, and setting an example.

More broadly, the complainants contended that CHED should keep focusing on addressing core concerns in higher education, including curriculum development, accreditation, quality control, and academic outcomes. They expressed concern that branding and image-building initiatives may have diverted attention from the industry's ongoing major institutional and policy problems. As of this writing, CHED has not yet issued a comprehensive public response to the allegations. As the complaints proceed through the appropriate administrative and judicial procedures, all parties will have the opportunity to present their opinions and supporting data.

Beyond the particular charges, the event has sparked discussions about transparency, accountability, and stakeholder participation in higher education system governance. Academic organizations, university officials, and educators have long emphasized that genuine participation and institutional integrity are essential to the success of changes affecting millions of Filipino students.

Many observers think that the issue extends beyond a certain official's activities. Instead, it highlights broader concerns about how public institutions are run and how important policy decisions are made and carried out. As the complaints move through the appropriate channels, their resolution may serve as a test of the mechanisms implemented to ensure accountability within one of the biggest educational institutions in the country.

Thursday, May 28, 2026

Vermosa Green Run 2026 will return with more robust sustainability advocacy and practical solutions to protect the environment

“We want runners to feel – both literally and symbolically – that choosing to participate means choosing to support responsible resource use. Embedding sustainability directly into the race kits was a deliberate choice that reflects Vermosa’s values. It transforms a souvenir into a lasting reminder of conscious living.” ~Kristin Raval-Ofilada, Ayala Land Project Development Manager


The historic fifth consecutive Vermosa Green Run, a ground-breaking advocacy event that motivated the community to return to the tracks after the pandemic, will take place in Vermosa, Imus, Cavite on June 28, 2026.

This time, the race is taking proactive steps to increase the running community's passion and commitment to an active lifestyle and sustainable green living. The marathon has attracted fitness fanatics, casual runners, professional athletes, pet owners, and families out for fun and fitness.

One of the main attractions of the fifth edition of the Green Run, which incorporates more ecologically conscious elements into the race experience and encourages racers to take part in long-term forest restoration programs across the country, is immersion in nature and lush, green surroundings. For instance, running the scenic Green Run course inspires runners to promote conservation and sustainable living.






This year, in order to take advantage of race kit discounts, families, pet owners, elite athletes, and fitness enthusiasts are being asked to actively contribute in localized waste reduction by bringing old PET (polyethylene terephthalate) water bottles or food containers when they register. 3K, 5K, 10K, 21K, and a 1K Dog race are all included in the multi-level race.  In order to reduce their detrimental impacts on the environment and encourage sustainable building and community behaviors, the Makati Development Corporation (MDC) would accept the collected bottles and upcycle them into eco bricks.

Additionally, racing jerseys, singlets, and dog bandanas are made from recycled PET bottles. Ms. Raval-Ofilada added that in addition to the recycled race suits, this year's Green Run encourages group participation from racing enthusiasts.

“Every group of 10 participants automatically becomes part of Haribon Foundation’s Forests for Life Movement. As such, they will support native tree planting and forest restoration projects in partner communities nationwide. Through this movement, Haribon brings together individuals, organizations, and local communities to restore degraded forests using a science-based rain forestation approach focused on planting and nurturing native tree species.” ~Ms. Raval-Ofilada 

The Forests for Life Movement seeks to create long-term ecological value by ensuring that seedlings endure, grow, and mature into healthy forests. Restored woods help provide clean water, healthy soil, and stable temperatures, all of which are critical for sustaining communities across the country, according to Ofilada. 

In addition to environmental preservation, the Green Run is still founded on holistic health, animal welfare, and athletic performance. As co-beneficiaries of the Haribon Foundation, Takbo Kabitenyo and Pawssion Project highlight the link between community and planetary health, emphasizing that safeguarding natural ecosystems is crucial to the welfare of both humans and animals.





The Green Run, which will take place in Vermosa's expansive, ecologically sensitive open spaces, will make use of the top-notch facilities of the Ayala Vermosa Sports Hub, the region's leading hub for athletic training and active lifestyles. As anticipated, the 2026 marathon will have stringent waste-reduction guidelines and conscientious hydration systems to promote eco-friendly practices even after the run.

Green Run 2026 is supported by Pocari Sweat, Merrell, Fitbat, Salonpas, Topbreed, Smart C, Dunsk Kuhner, Baby Boo, Chef Especial, Entrée, Saint Roche, The Gourmet Specialist, and Zert.





For more information about Vermosa Green Run 2026, go to https://ayalaland.myruntime.com/register  to register.

Green Run 2026 is supported by Pocari Sweat, Merrell, Fitbat, Salonpas, Topbreed, Smart C, Dunsk Kuhner, Baby Boo, Chef Especial, Entrée, Saint Roche, The Gourmet Specialist, and Zert.

For more information about Vermosa Green Run 2026, go to https://ayalaland.myruntime.com/register  to register. 

Wednesday, May 27, 2026

Ballet Manila celebrates love and triumph with historic full-length world premiere of Paquita

“Quite like a soap opera, with twists and turns that are amusing and entertaining which is perfect for Filipinos who love a great story or telenovela. When I finally read it in full, I decided that it would be exciting and perfectly manageable to present a two-act classical ballet to the Filipino audience. I started to build the ballet chapter by chapter in my head. But the actual creation didn’t happen until I was in the studio in front of the dancers. I hope the audience will laugh at the comedic scenes and swoon in the romantic ones; as well as stand up and scream during the technically difficult portions! I hope the audience comes out of the theater smiling and humming the music.” ~Lisa Macuja Elizalde

Ballet Manila principal dancers Abigail Oliveiro and Joshua Enciso



Filipino viewers have traditionally enjoyed tales of intense passion, hidden identities, and arduous triumph. Ballet Manila is now bringing these concepts to life in a historic event: the country's first full-length performance of the classical masterwork Paquita. The company's founder and artistic director, Lisa Macuja Elizalde, is choreographing the production, which will begin at 8:00 p.m. on June 19 at the Aliw Theater in Pasay City. & June 20–21 at 5:00 p.m.

Paquita is rarely performed in its full, despite being an essential component of classical ballet. Lisa also believes that Filipinos will find it very relevant due to the tragic narrative. Lisa describes the narrative as “quite like a soap opera, with twists and turns that are amusing and entertaining which is perfect for Filipinos who love a great story or telenovela.” 

The plot, set in Spain, revolves around a young Romani woman who stops a governor from executing Lucien, a French lieutenant. Along the way, she discovers her own aristocratic heritage, which helps the couple overcome rigid social norms and get married in a happy ending that appeals to many Filipinos.

Paquita's big divertissement at Ballet Manila's Pearl Gala event in March 2025 set the stage for this historic production. Lisa recalled getting interested in learning more about the story behind the ballet footage. Even though the show honors its classical roots, Macuja Elizalde deliberately avoided watching earlier performances in order to keep her choreography entirely original.

Her close cooperation with her crew has reinforced Ballet Manila's strong Russian ballet foundation. Lisa noted that the company's 40-person ensemble is the perfect size to handle the challenging, intricate choreography. Joshua Enciso and Abigail Oliveiro, two talented lead dancers, and Shamira Drapete and Jos David Andes, two solos, alternate as the central protagonists in this show. Together, they bring fresh beauty to one of the most amazing classical ballet performances by capturing the dual spirit of Paquita and Lucien.

“It is always a good experience, and she is very clear in what she wants while keeping an open mind. I try to listen and observe what Ma'am Lisa wants from the ballet, character, or scene so I can understand her vision and fulfill it. I realized I had to tap into my more playful side which, dare I say, is not a common theme in a lot of my repertoire. So I’m certainly enjoying being playful.” ~Abigail Oliveiro, Principal Dancers

Under Lisa's guidance, Oliveiro has found taking on Paquita's position to be incredibly rewarding and cooperative. Furthermore, the role offers Oliveiro a special chance to showcase a particular facet of her creative skills. Ultimately, the creative team and performers hope that the show will excite and inspire viewers.

The Philippine ballet scene will reach another milestone with the historic world premiere of Paquita on June 19 at 8:00 p.m., June 20 & 21 at 5:00 p.m. Keep up-to-date with Ballet Manila’s schedule of performances and celebration events by visiting Ballet Manila’s website www.balletmanila.com.ph or Ticketworld page www.ticketworld.com.ph

Monday, May 25, 2026

Philippine Manufacturing Week 2026 is a strategic platform that brings together precise engineering and automotive excellence

"The automotive industry cannot thrive without precision tooling and die and mould manufacturers depend on automotive demand as a primary market driver. By uniting these complementary sectors, Philippine Manufacturing Week 2026 creates powerful synergies that accelerate innovation, facilitate strategic partnerships, and position the Philippines as a complete manufacturing solution provider capable of competing on the global stage." ~Ms. Rungphech Chitanuwat, County General Manager of Informa Markets Philippines


The Philippine manufacturing industry has reached a revolutionary milestone with the official start of Philippine Manufacturing Week 2026, the premier event for manufacturing technology and innovation advancement that unites the Philippine Die and Mould Machineries and Equipment and the Auto Parts and Vehicles Expo Philippines (APVE Expo 2026). Exposition (PDMEX 2026) on a single, comprehensive B2B platform. Thanks to this strategic synergy, which highlights the critical role that manufacturing, automotive supply chains, precision engineering, technology adoption, and collaboration play in driving the nation's economic success, the Philippines is now at the forefront of regional industrial competitiveness.





Bringing Together the Manufacturing Value Chain



The pivotal event for all things manufacturing, Philippine Manufacturing Week 2026 will create a cohesive ecosystem where precision engineering innovation and automobile excellence collide. The strategic merger of APVE Expo 2026 and PDMEX 2026 illustrates the basic interdependence of these sectors, where the production of automotive parts depends on dies, molds, and sophisticated machinery, resulting in an integrated value chain that boosts manufacturing competitiveness. Find prospects for cooperation and obtain all-encompassing answers in a one effective location.




The launch of Philippine Manufacturing Week 2026 comes at a crucial time, with robust market data highlighting the country's industrial sectors, outstanding economic momentum, and investment potential.




Manufacturing Sector Strength: The Philippine manufacturing sector demonstrates remarkable resilience and expansion, with industrial production climbing 10.5% year-on-year in March 2026, which is the strongest annual growth since January 2023. This acceleration reflects strong performance across key subsectors, including computer and electronic products (20.8% growth), basic metals (42% growth), and transport equipment (7.4% growth), signaling broad-based industrial expansion.

Automotive Market Expansion: The Philippine automotive market reaches 515, 400 units in 2025 and projects impressive growth at a CAGR of 8.41% through 2034, reaching 1.09 million units. This expansion creates substantial demand for locally produced automotive components, precision-engineered parts, and advanced manufacturing capabilities. The auto parts and accessories market anticipates significant growth at a CAGR of 5.6% during 2025-2031, reflecting increasing localization efforts and supply chain development initiatives.

Die and Mould Industry Growth: The Philippine tooling market, valued at 1.3 billion in 2025, projects robust expansion to USD 2.8 billion by 2034, exhibiting a CAGR of 8.05%. This growth trajectory reflects increasing demand for precision components across automotive, electronics, and manufacturing sectors. Globally, the dies and molds segment captures 40.8% of the global tooling market share, with the automotive sector accounting for over 60% of global mold usage, underscoring the strategic importance of this industry to automotive manufacturing success.




The strategic placement of PDMEX 2026 and APVE 2026 in Philippine Manufacturing Week 2026 provides revolutionary benefits that increase value throughout the entire manufacturing environment. Through overlapping conference sessions, technological demos, and industry forums, the event unites these complimentary industries to enable comprehensive value chain exposure, exponential networking opportunities, and expedited information transfer. Through direct access to integrated solutions and key partnerships, participants build supply chain resilience while enjoying increased cost and time efficiency.


Event Highlights: Scale, Scope, and Strategic Impact




Over 200 domestic and international exhibitors will occupy three halls of the World Trade Center Metro Manila during Philippine Manufacturing Week 2026, which is expected to draw 13,000 attendees. To link qualified suppliers and customers, investors and startups, technology providers and adopters, and overseas partners searching for Philippine manufacturing possibilities, the PMW will provide a business matching program in addition to technical seminars and conference sessions.



Philippine Manufacturing Week 2026 proudly presents the Philippine Die
The Manufacturers Association (PDMA) is an industry partner of PDMEX 2026. The nation's die and mold manufacturing community, which provides essential inputs to significant industries like consumer goods, electronics, automotive, and construction, is brought together by PDMA. By working together, PDMA ensures that PDMEX 2026 accurately reflects industry expectations, emphasizes regional competences, encourages information sharing, and industrial expansion through collaboration, standard-setting, and international engagement. 




The association's involvement improves the event's credibility and ensures EXPO 2026 AUTO PHILIPPINES Informa Markets Exhibitions Philippines Inc. Participants across the die and mould Maza Fly Ace Corporate Center, and As the country's manufacturing sector continues its impressive wrowth traiesterss supported by favorable demographics, government support, the Philippine Manufacturing Week provides the essential increasing foreign investment, platform for industry stakeholders to connect, collaborate, and capitalize on emerging opportunities. Industry professionals, technology providers, investors, and government representatives are invited to participate in this transformative event that shapes the future of Philippine manufacturing.


About Informa Markets Philippine Manufacturing Week is organised by Informa Markets, a division of Informa plc. Informa Markets creates platforms for industries and specialist markets to trade, innovate, and grow. We provide marketplace participants around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, targeted digital services, and actionable data solutions. As the world's leading market-making company, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.


For more information, please contact the organisers:

Ms. Jomia Pagkatotohan
Marketing Manager
Tel. no.: +63 2 8581 1917 | Email address: Jomia. pagkatotohan@informa.com
For media inquiries, please contact:
Majivel Marbibi
09152057446

Sunday, May 24, 2026

The best 3x3 teams from the Philippines compete for international recognition at the Red Bull Half Court National Finals

“Earning a chance at the World Final isn’t only about winning games. It’s about proving that the path from local community courts to the international stage is possible through discipline, resilience, and belief in the team.” ~Mart Redyn Arellano of Davao Agilas


For months, the Philippines' top three-on-three teams have been preparing for regional qualifying. On June 13, they find out which of them is created for the world.

The Red Bull Half Court Philippines National Finals, a one-day, winner-take-all event where offensive force, speed, and technique are critical, will take place in Mandaluyong. Following a series of qualifiers in Luzon, Visayas, and Mindanao, the best streetball teams in the country now battle for the chance to represent the Philippines in the Red Bull Half Court World Finals in Manila.




Red Bull Half Court is the fastest place to play three-on-three basketball. Games last ten minutes, and the first team to score twenty-one points wins. What sets it apart from other 3-on-3 games are the two unique rules that sustain the pressure. The first is the Own the Court Bonus, which awards six points to the side with the highest overall score. In some cases, this bonus determines the teams' final standings.

Next is the three-point shot rule. Two three-point locations are denoted by circles drawn two meters behind the arc in this rule, which went into effect in 2024. When a player makes a shot with their foot on the circle, they score three points.




Spotlighting the Philippines’ Rich Basketball Culture



Instead of merely a championship, the National Finals are a collision of stories, styles, and stakes. After winning their respective regional qualifications, the following regional teams compete for one men's and one women's spot at the world court:

  • Manila
Uratex Tibay (Women’s Team)
Lady Maroons (Women’s Team)
SGF Kings (Men’s Team)
Filipino Mixtape (Men’s Team)
  • Cebu
Gimcuad-Ninz (Women’s Team)
Team BOKKI (Men’s Team)
  • Davao
Three-time winner Coaches Corner (Women’s Team)
Two-time winner Davao Agilas (Men’s Team)


Every team has earned their place by putting on excellent performances under pressure; some have well-established reputations, while others are emerging contenders who fought their way through hotly contested tournaments.

Each winning team entered the regional qualifiers with a distinct style of play shaped by its local basketball culture. Manila's approach was swift and methodical, with readings and answers derived from years of metropolitan court history. Cebu offered relentless offensive energy and a high-scoring mentality that thrives in the quick-paced game.

Davao came with confidence, perseverance, and unity, turning their regional qualifier into a show of total dominance. After dominating on home courts, teams now have to adapt to a structure where scoring output is equally as crucial as winning, requiring them to balance control and agility in every possession.

“Getting a spot at the World Finals means the world to us. As players from the province, we’ve spent years dreaming of sharing the court with the stars we look up to—the ones who inspire us every day to elevate our game. This opportunity is more than just a tournament; it is a moment we will carry with us forever.” ~Lorelaine Pulido Gestopa of Coaches Corner


The Road to the World Stage


“It’s about time to bring the Red Bull Half Court World Finals here. Filipinos have improved and have been preparing for this kind of platform. 3-on-3 Basketball is well represented here in every street and every corner. As long as we can shoot a hoop, Filipinos will play basketball. All I’m saying is, welcome to the Philippines, where basketball is a part of being a Filipino.” ~Nathan Heinrich Egea of Filipino Mixtape

The National Finals are an important occasion for the participating teams as well as the continuous development of streetball in the Philippines. Red Bull Half Court has created a platform since 2021 that has taken streetball players from local courts to well-known international stadiums. Two Filipino teams will once more show off their patriotism on home court.

“If our team makes it to the World Finals, I would want the world to see that we, Filipinos, not only play with so much heart and passion, but we also play with great sportsmanship and integrity.” ~LJ Miranda of Uratex Tibay


“If there’s one thing that I’d want the world to see as they watch Filipino streetball, it’s our heart. Everyone here in the Philippines plays with their whole heart.” ~Mary Angela Abejar Alcos of Gimcuad-Ninz

Witness Manila, Cebu, and Davao’s best streetballers battle it out at the Red Bull Half Court Philippines National Finals on June 13 at Bigger Pictures, Mandaluyong. Doors open at 3PM. 

Find out which squads will earn the right to carry the Philippine flag to the Red Bull Half Court World Finals in Manila this December. Visit Red Bull Philippines’ official website and social media channels (Facebook | Twitter | Instagram | TikTok) to learn more.


















About Red Bull
Red Bull gives wings to people and ideas. As a functional beverage, we give wings to people by vitalizing the body and mind – supporting their dreams and aspirations through their passion for sports.




GCash cracks down on Online Task Scammers, intensifies anti-fraud campaign



GCash is boosting up its efforts to prevent task scams and other forms of social engineering fraud as digital scam syndicates become increasingly sophisticated across the country.

In task scams, fraudsters may pretend to be recruiters, retailers, or online platforms, offering quick money in exchange for performing simple online tasks. Later, on the pretense of higher commissions or withdrawals, victims are duped into paying money.


To help you stay safe, remember:
  • Mind the "Unsolicited" Invite: Professional recruiters typically use official platforms. Be cautious of job offers that arrive unexpectedly via email, SMS, or cold call offers.
  • Credentials Matter: Authentic employers are interested in your skills and will usually ask for a CV or a brief interview. If an offer requires "no experience" and "no resume," it’s best to verify the source.
  • Your Money Should Stay with You: Legitimate jobs pay you for your work. A major red flag is when you are asked to "top up" or “upfront payments” or make a deposit to unlock higher-tier tasks or "premium" commissions.
  • Simple Withdrawal Access: You should be able to access your earnings without hurdles. Be wary of platforms that force you to complete a specific "set" or "cycle" of tasks before allowing you to withdraw your funds.
  • Official Communication Only: Look for emails from company domains (e.g., @companyname.com). Official business is rarely conducted through generic @gmail.com or @yahoo.com addresses.
  • Keep Your Account Private: Your MPIN and One-Time Password (OTP) are your digital keys. GCash will never ask for these via call, SMS, email, or social media.
  • Your GCash account is for your personal use only: Do not let others use your GCash account for any transaction, and do not use the GCash account of other people as well.
  • Trust Your Instincts: If an offer promises unusually high pay for very little effort, it is often a sign to take a step back and investigate further.

GCash continues to strengthen its scam and fraud prevention efforts
  • Fraud Monitoring Systems & Proactive Wallet Blocking: Since 2025 to date, GCash reported closing over 3.3 million scam-linked wallets. When a user reports a scam, the receiving wallet is often part of a larger network that GCash can identify and shut down.
  • Coordination and Partnerships with Law Enforcement: GCash continues to work closely with the PNP Anti-Cybercrime Group (ACG), Cybercrime Investigation and Coordinating Center (CICC), National Bureau of Investigation (NBI) and other regulators to strengthen our ecosystem.

If you encounter a suspicious task offer or transaction, reporting it helps protect the whole community. You can reach out through these official channels:

GCash Official Support:
In-App Help Center: Call via 2882 (toll free) or submit a ticket in-app Help Center or chat with Gigi 24/7 for immediate assistance.

Government Cybercrime Support Channels:
PNP-ACG Hotline: (02) 8723 0401 (loc 7491) | 0968 867 4302
CICC Hotline: 1326
NBI Cybercrime Division: ccd@nbi.gov.ph


Given the constantly changing threat landscape, we continue to enhance client protection tactics and response techniques in awareness of the suffering caused by online frauds.

We can fight online fraud and safeguard the digital financial community by increasing knowledge, exercising caution, and cooperating throughout the ecosystem.


















About GCash 
GCash is the Philippines’ #1 Finance Super App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. Its mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only $5 billion unicorn in the Philippines. 

GCash is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively. 

SM Group raises renewable energy sourcing to 31% in 2025

“For us, investing in renewable energy is both a sustainability and business decision. It helps us manage long-term energy costs, improve operational efficiency and build more resilient businesses to help us better serve our customers, tenants, communities and other stakeholders. Reliable and affordable energy is important not only for businesses but also for communities and the broader economy. We believe renewable energy, particularly geothermal, can help strengthen long-term energy security while supporting economic growth.~Frederic C. DyBuncio, SM Investments President and Chief Executive Officer
The SM Group operates the country’s largest rooftop solar panel network nationwide among property developers. Its investment in renewable energy started in 2014 with the very first installation of solar panels in SM North EDSA.


According to SM Investments Corporation (SM Investments), the parent company of the SM Group, the Group boosted its renewable energy sourcing to 31% of total power consumption in 2025, up from 27% in 2024, as it continued to encourage cleaner energy use throughout its subsidiaries.

The Group received roughly 730 million kWh of electricity from renewable energy sources throughout the course of the year.

370,644.07 metric tons of carbon emissions were avoided by switching to renewable electricity, which is the same as taking around 296,954 electric passenger cars off the road for an entire year.

The Group's broader renewable energy strategy is overseen by the Philippine Geothermal Production Company (PGPC), a fully-owned subsidiary of SM Investments. It now operates the Mak-Ban and Tiwi steam fields in the provinces of Batangas, Laguna, and Albay, supplying geothermal steam capable of producing up to 400 megawatts of clean, renewable energy to power residences, businesses, and industrial facilities continuously. 
 

The Tiwi steam field in Albay is one of PGPCs geothermal sites


PGPC is developing new geothermal sites in six locations around Luzon that might provide the country with an additional 400 megawatts of clean, renewable geothermal energy. 

The Mak-Ban and Tiwi steam fields in Laguna and Albay alone may provide enough geothermal steam annually to power up to a million homes.

The Group's integrated activities continue to see an increase in the utilization of renewable energy. Over 200,000 solar panels have been put on 69 properties by SM Prime Holdings, Inc. as part of its broader energy conservation initiatives.

The Group's transition to renewable energy is becoming more and more reflected in its broader business environment. 


The Philippine Geothermal Production Company, Inc. (PGPC)’s Mak-Ban steam field located in Batangas and Laguna is one of the company’s sites supporting a stable, low-carbon renewable energy production. 


Alfamart's Saraiya Distribution Center in Quezon Province now has solar panels with a 120.28 kWp solar peak capacity, which will improve the operating efficiency of the supply chain network.

The Group's banking divisions continue to assist sustainable finance initiatives in the meantime. BDO Unibank, Inc. would have contributed PHP 1.21 trillion to sustainable initiatives by the end of 2025, including 71 renewable energy projects for PHP 177 billion. Energy access, renewable energy, and energy efficiency initiatives received PHP72 billion from China Banking Corp. in 2025.

Sustainability and operational efficiency are still included into the Group's retail, real estate, banking, and portfolio investments, according to SM Investments.


















About SM Investments Corporation
SM Investments Corporation (SM) is an owner-operator of market-leading businesses in retail, banking, and property, with investments in high-growth opportunities in the Philippine economy. Through its portfolio, SM generates resilient cash flows and reinvests with discipline to compound value over the long term.
 
Its retail operations are the largest and most diversified in the country. Its property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines. Its banking interests include BDO Unibank, Inc., the country’s largest bank, and China Banking Corporation, one of the country’s largest private domestic banks.
 
For more information, please visit www.sminvestments.com