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2019 Yearender: Business -- Taipans pass on, inflation eases, POGOs in spotlight

ABS-CBN News
Updated as of Dec 24 09:33 AM

Deaths, debt, near-death, and "JoyRulBee" were among our top business stories in 2019.  Read more »

Filipino tycoons pass on, signal changing of the guard

ABS-CBN News
Posted at Nov 11 04:37 PM

Here is a list of Philippine taipans who passed on in the last 2 years.  Read more »

'A lot of rice to eat,' Henry Sy's grandchildren must prove their worth

ABS-CBN News
Updated as of Oct 21 01:54 PM

While the third generation of Sys have the "advantage" of getting advice from their parents, succession in the SM Group is open to everyone, said Hans Sy, who groomed a non-relative to replace him as president of SM Prime Holdings. Read more »

Villar is PH richest man, but Henry Sy's children are wealthier: Forbes

ABS-CBN News
Updated as of Sep 26 01:43 PM

Former Senate President Manny Villar remains the richest man in the Philippines, but his fortune is still eclipsed collectively by the children of the mall magnate that used to hold the title, according to Forbes.com. Read more »

SM grows new ventures, professionalizes after Henry Sy's passing

Cathy Yang, ABS-CBN News
Updated as of Sep 11 04:26 PM

There will be synergies among the nascent ventures and SM's core retail, banking and property arms, while they are unlikely to overtake the main businesses in terms of revenue said SM Investments President and CEO Frederic DyBuncio. Read more »

Stay 'humble, hungry': Henry Sy's grandson shares business advice from family

Jessica Fenol, ABS-CBN News
Updated as of Aug 16 03:27 PM

In the family-run conglomerate, "there is never pwede na (good enough)," and the Sys are encouraged to innovate to grow their shopping mall, banking and retail empire, said Hans Sy Jr. Read more »

SM plans to open 5 to 7 malls each year in next 5 years, says COO

Jessica Fenol, ABS-CBN News
Updated as of Jun 21 04:27 PM

The key to staying relevant today is changing the retail mix and by "elevating" customer service, SM Supermalls COO Steven Tan told ABS-CBN News on the sidelines of the Philippine Retailers Associations OFR Awards night.    Read more »

SM Investments net income up 26 percent in Q1

ABS-CBN News
Posted at May 09 02:55 PM

SM Investments Corporation said Thursday it posted a net income of P10.7 billion in the first quarter of 2019, up 26 percent from the same period last year. Read more »

‘To mall or not to mall’: Finding the best place for business

Jessica Fenol, ABS-CBN News
Updated as of Mar 28 05:09 PM

During the Franchise Asia Philippines 2019 International Conference, the Philippine Franchise Association (PFA) engaged mall operators and entrepreneurs in a debate called “To Mall or Not to Mall: Which is Better for my Business.” Read more »

PH franchise group honors 'King of Retail' Henry Sy Sr

Jessica Fenol, ABS-CBN News
Posted at Mar 27 03:44 PM

The Philippine Franchise Association said Sy laid the cornerstone for the advancement of the country’s retail sector which enabled the franchising sector to expand and maximize its market reach.   Read more »

SM Investments net income up to P37.1 billion in 2018

ABS-CBN News
Posted at Feb 28 12:54 PM

The holding firm of the late tycoon Henry Sy said its property, mall and banking businesses all grew in 2018 compared to the previous year. Read more »

VIDEO Part 2: The real legacy of Henry Sy

ANCX
Posted at Jan 25 12:19 PM

Henry Sy, passed away at the age of 93, barely a month into the new year, right after SM celebrated an important milestone: 60 years of being the top shopping destination in the Philippines. In 1983, Tatang as he is fondly called, established the SM Foundation. Sy’s six children now run his business empire and will continue his legacy of philanthropy. Read more »

Remembering ‘Tatang’: Chiefs, employees share fondest moments with Henry Sy Sr.

ABS-CBN News
Updated as of Jan 25 01:16 AM

From a humble shoe seller to the country's richest man, Henry Sy Sr.'s success story is nothing unheard of. Read more »

Remembering ‘Tatang’: SM chiefs, employees share fond moments with Henry Sy Sr.

Christel Lagdameo, ABS-CBN News
Posted at Jan 24 10:52 PM

Aside from his children, he also trusted individuals outside his family. But these executives all agree, each of them eventually felt they were part of the Sy family. Read more »

Paalam, Henry Sy

ABS-CBN News
Posted at Jan 24 07:00 PM

Inilibing na ang negosyante at bilyonaryong si Henry Sy.  Read more »

VIDEO Part 1: From G.I.s to SM—the success story of Henry Sy, Part 1

ANCX
Updated as of Jan 25 03:21 PM

Henry Sy Sr, the Philippines’ richest man was laid to rest today. He leaves a fortune of an estimated $ 19 B. His imprint on the Filipino culture and psyche lives on in millions of mall goers.  SM Investment Corporation’s 72 malls (as of last count) began from a shoe store in Quiapo. Read more »

Henry Sy, billionaire trailblazer of PH mall culture, laid to rest

ABS-CBN News
Updated as of Jan 24 06:37 PM

Henry Sy Sr., once hailed the Philippines' richest man, was laid to rest Thursday, leaving behind a billion-dollar empire that spans retail, banking and property. Read more »

LOOK: Mall of Asia globe lights up for ‘Tatang’ Henry Sy

ABS-CBN News
Updated as of Jan 24 07:31 PM

The popular globe landmark at SM Mall of Asia on Wednesday lit up to pay respects to Henry Sy Sr., the company's founder who died Saturday. Read more »

Tycoons' deaths signal history's 'greatest wealth transfer,' says analyst

ABS-CBN News
Updated as of Jan 23 04:55 PM

The deaths of tycoons who built their empires from scratch such as Henry Sy and George Ty signal a changing of the guard while highlighting the need for succession planning, an analyst said Wednesday. Read more »

BALIKAN: Buhay ng SM Group founder na si Henry Sy

ABS-CBN News
Posted at Jan 21 09:33 PM

Mula sa pagtitinda ng sapatos, kinilala bilang pinakamayamang Pilipino si Henry Sy. Read more »