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SM founder Henry Sy, Sr passes away

Henry Sy, Sr., country’s richest man and the founder of the largest chain of shopping malls in the Philippines, passed away on Saturday morning,...

SM Retail eyes 3,000 stores in the next five years

SM Retail, Inc. looks to grow the number of stores under its portfolio to 3,000 within the next five years, banking on the increased...

SM Prime profit up by 16% in first half

The property firm of country’s richest man Henry Sy, Sr. reported a 16% profit growth for the first six months of 2018, driven by...

China Bank income rises in Q1

CHINA BANKING Corp. (China Bank) saw its net profit rise slightly in the first quarter of the year amid growth in its core businesses. In...

No penalties for BDO over card skimming cases

THE BANGKO SENTRAL ng Pilipinas (BSP) has not imposed any sanctions on BDO Unibank, Inc. over reported card skimming cases back in June. The listed...

Duterte’s infrastructure dev’t drive impacts Philippine tycoons’ fortunes

By Krista A. M. Montealegre National Correspondent HENRY SY, Sr. of the SM Group has remained the country’s wealthiest man on the Forbes Philippines’ 50 Richest...

Who made it to Forbes' billionaire club?

ELEVEN Philippine businessmen made it to this year’s Forbes’ billionaire club, with Henry S. Sy, Sr., chairman of SM Investments Corp. retaining his spot...