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SM strengthens retail amid rising demand for beauty and wellness

MANILA, Philippines — The SM Group has bolstered its retail subsidiaries to meet rising consumer demand for beauty and wellness products with greater accessibility nationwide. SM Beauty offers more than 1,000 beauty brands across its 77 branches. It has expanded offerings that include global premium brands such as YSL, Lancôme, and Calvin Klein.  Also, the SM unit has also introduced beauty hubs in

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Ayala acquires majority stake in Cebu Velez General Hospital

MANILA, Philippines — The healthcare arm of the Ayala Group has expanded its presence in the country’s second-largest metropolis. AC Health on Friday announced it had acquired a majority stake in Cebu Velez General Hospital (CVGH). This was done through the Zobel family-led company’s provider arm Healthway Medical Network, in an agreement with the Velez family. READ: Temasek