SM Investments
SM Investments acquires 5 BPO buildings in Manila
SM Investments, a holding company of Philippine billionaire Henry Sy, has completed the acquisition of five business process outsourcing (BPO) infrastructures in Bonifacio Global...
Philippine stock market reopens, index plunges 6%
The Philippines Stock Exchange reopened on August 22 after after severe floods and a public holiday closed markets this week.
As expected, the main index...
Philippine jobless rate rises to 7.5%
The Philippines’ unemployment rate rose to 7.5 per cent in April, higher than the 7.1 per cent registered in January and 6.9 per cent...
The Philippines’ influential business families
The Philippines’ business world is dominated by a handful of influential business families that have stakes in almost every aspect of the economy, from energy and media to real estate and manufacturing. An overview.
Philippines’ largest developer created
Manila-based SM Investments, one of the Philippines's largest business conglomerates owned by billionaire Henry Sy and his family, on May 31 announced in a...
Manila challenges Macao with $1.2b casino
The opening of a new casino complex in Manila on March 16 comes as an attempt of the Philippines to emulate the success of...
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New Philippine leader seeks help from South Korea for revival of nuclear power plant
Philippine president-elect Ferdinand Marcos emphasised his determination to adopt nuclear power in the country, holding talks on May 23 with South Korea's envoy on...
Stories of the week
Thai AirAsia X files for bankruptcy protection
Thai AirAsia X, the long-haul division of the Thai unit of Malaysian budget airline AirAsia Group, has become the third airline in Thailand to...