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News and Events

Meet the Two Filipinas Included in the World's Billionaires List

They're the country's richest women

For the first time, two women from the Philippines were included in US magazine Forbes’ rankings of the world’s billionaires. Filipino tycoons on the annual lists have always been predominantly male.The two women that were on the latest rankings are Teresita Sy-Coson ...

by Pauline Macaraeg for Esquiremag.ph  | March 12, 2019 10:00:00
News and Events

7-Eleven, Robinsons, Puregold or SM: Which Retailer Benefited the Most From TRAIN Law?

Giant store chains enjoy revenue boost in the first half of 2018 thanks to personal income tax cuts

The personal income tax cuts mandated by the Tax Reform for Acceleration and Inclusion (TRAIN) law that took effect in January 2018 may have been sizeable but their impact on overall economic growth is anything but.With higher take home pay, workers and employees ...

by Elyssa Christine Lopez  | August 17, 2018 01:00:00
News and Events

WATCH: Tessie Sy Coson and Robina Gokongwei Pe Sing a Duet

The empresses of Philippine business take centerstage

Philippine business empresses Tessie Sy Coson and Robina Gokongwei were persuaded to sing a duet at a birthday dinner in honor of Millet Mananquil, lifestyle editor of the Philippine Star, hosted by Peter and Elena Coyiuto a few nights ago.To the delight of ...

by Yvette Fernandez for TownandCountry.ph  | April 17, 2018 12:00:00
News and Events

Tessie Sy-Coson: Many Working Women Don't Want to Break the Glass Ceiling, Prioritize Family Instead

Personal choices, not lack of opportunity, explain why only a tenth of boardroom positions in PH are held by women

Since 2006, the Philippines has been the top country in Asia with the narrowest gender gap, having consistently placed in the top 10 of the World Economic Forum’s annual Global Gender Gap Index.The Philippines’ performance is all the more remarkable as it ...

by Elyssa Christine Lopez  | December 04, 2017 09:00:00
News and Events

How Would PH Billionaires Fare if They Were Part of Forbes’ 400 List of Richest People in America?

Henry Sy Sr. would land on the 25th spot while John Gokongwei Jr. would be 97th in the US rankings

Forbes magazine released the 2017 Forbes 400 list of the wealthiest people in America in October. Bill Gates led the 36th edition of the annual list with a net worth of $89 billion, followed by Jeff Bezos with $81.5 billion.The minimum net ...

by Pauline Macaraeg  | November 27, 2017 01:00:00
News and Events

Teresita Sy-Coson Recounts How Being Contrarians Helped the SM Group Thrive Amid Crisis in 1980s. Will It Help Them Adapt to Rise of E-Commerce?

SM Investments Corp. vice chairman speaks on the role of shopping malls in age of online stores

Popularly known as Singles' Day, November 11, 2017 represented another milestone for Southeast Asian e-commerce platform Lazada, which sold 6.5 million items worth $123 million on that day to people without romantic partners to buy stuff for them. That was double its ...

by Elyssa Christine Lopez  | November 14, 2017 02:00:00
News and Events

Becoming Big Brother: How SM Group’s Early Support Spurred the Rise of Davao Tycoon Dennis Uy

Phoenix Petroleum founder recalls how BDO’s first clean loan helped the oil company grow

Long before entrepreneurship advocate Jose Ma. “Joey” Concepcion III launched the Mentor Me Program where big business leaders act as some sort of “big brother” to small business owners, an early version of the relationship was already playing out between the country’s ...

by Elyssa Christine Lopez  | September 15, 2017 09:00:00
News and Events

In Praise of Corporate ‘Suicide’ and Other Thoughts from MVP and Sy-Coson

The heads of two of the Philippines’ biggest conglomerates share key business insights

The final session at the ASEAN Business Advisory Council’s (BAC) Prosperity for All Summit on April 28 in Manila was titled “Initiating ASEAN Mentorship for Entrepreneurs Network (AMEN)”.Appropriately, the heads of the Philippines’ two biggest conglomerates who took part in the panel discussion ...

by Roel Landingin and Glen Concio  | April 29, 2017 09:00:00
News and Events

Which of the Biggest PH Businesses are Investing in the ASEAN Region?

Vietnam and Singapore attracted the most attention from the country’s largest conglomerates

Economic integration within the Association of Southeast Asian Nations (ASEAN) achieved a crucial milestone with the formal establishment of the ASEAN Economic Community (AEC) at the end of 2015. The AEC aims to transform the region into a single market and production ...

by Lorenzo Kyle Subido  | April 27, 2017 02:00:00
News and Events

Power Plant, Poultry Farm and Coco Mill: Christmas Comes Early to Sulu

In front of President Rodrigo Duterte, Filipino business tycoons promise to invest more in the country's second poorest province

President Rodrigo Duterte poses with some of the country's biggest tycoons after the Negosyo Para sa Kapayapaan sa Sulu: Christmas Town Hall at the Malacañan Palace on December 19, MondayLess than a week before Christmas day, Filipino tycoons played Santa Claus to ...

by Elyssa Christine Lopez  | December 21, 2016 01:00:00
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