Henry Sy
ARTICLE FINDER

SM Group celebrates its 60th anniversary

Jun 11, 2018 - 3:16 PM

Expect fun activations and great deals until October!

SM 60th. Photo by Alecs Ongcal/Rappler

SM gets income boost from property, retail units

May 09, 2018 - 3:35 PM

The listed conglomerate of the Philippines' richest man posts a 10% rise in net income for the 1st quarter of 2018, thanks to its core businesses

STRONG RESULTS. SM president Frederic DyBuncio says: 'We continue to build on our strong 2017 performance with revenues rising faster in the first quarter this year.' Photo by Rob Reyes/Rappler

SM Group to expand, but not keen on telco

Apr 25, 2018 - 6:05 PM

SM Investments Corporation does not plan to go into the telecommunications industry, citing its lack of know-how and the high capital budget requirement

EXPANDING FOOTPRINT. SM president and chief executive officer Frederic DyBuncio says SM group is looking to invest in 'partners' in high-growth sectors. Photo by Rob Reyes/Rappler

Henry Sy Jr retires early from NGCP

Mar 07, 2018 - 5:00 PM

The son of the country's richest man leaves the National Grid Corporation of the Philippines 'to focus on his real estate business'

Duterte on ICC, 2018 Forbes’ Richest List, Cayetano on West PH Sea | Midday wRap

Mar 07, 2018 - 1:15 PM

Watch the midday newscast with Mara Cepeda

Henry Sy still leads Filipinos on Forbes' 2018 billionaires list

Mar 07, 2018 - 9:55 AM

The number of Filipinos on the list drops from 14 last year to 12 this year, but their combined net worth increases from $45.8 billion to $55.2 billion

Property still drives SM's healthy financials in 2017

Feb 28, 2018 - 2:45 PM

The listed conglomerate of the Philippines' richest man posts consolidated revenues of P396.1 billion in 2017, 9% higher than the level in 2016

HEALTHY FINANCIALS. 'Our property and specialty retail businesses delivered particularly strong results,' SM president Frederic DyBuncio says. Photo by Rob Reyes/Rappler

SM to open 3rd mall in Batangas on December 15

Dec 14, 2017 - 4:43 PM

The 3-storey SM Center Lemery is SM Prime's 3rd mall in the province and will add 25,000 square meters to the developer's total gross floor area

RISING SOON. The new SM Center Lemery will be opening its doors in time for the holidays. Image from SM Prime

SM Investments' income up on strong core businesses

Nov 08, 2017 - 7:25 PM

The listed conglomerate of the Philippines' richest man, Henry Sy Sr, benefits from growth in its property and retail units

VIBRANT GROWTH. 'Our solid 3rd quarter results benefitted from vibrant growth in our property and retail businesses,' SM president Frederic DyBuncio says. Photo by Rob Reyes/Rappler

SM Prime income surges 16% on steady mall rental, residential sales

Nov 06, 2017 - 9:35 PM

SM Prime attributes revenue growth to higher rental revenues, steady improvement in same-mall-sales, and higher contribution from residential sales

65TH. SM Center Tuguegarao Downtown is the Sy family's 65th mall in the Philippines. Photo by Raymon Dullana/Rappler

SM Prime to open mall in Puerto Princesa, Palawan

Sep 13, 2017 - 4:50 PM

Once the mall opens on Friday September 15 it will be competing with Robinsons Place Palawan Chinatown Center Palawan NCCC Mall and LRC 908 Market Mall

ITS FIRST. SM City Puerto Princesa will have 3 levels of retail and dining floors, a supermarket, 3 158-seater SM digital cinemas, and two 48-seater Director's Club cinemas. File photo Rappler

SM wants to buy into Goldilocks

Aug 29, 2017 - 1:40 PM

The conglomerate of Henry Sy Sr the country s richest man is in preliminary talks with Goldilocks the country s largest bakeshop chain for a potential investment

NEW PROSPECT. The country's largest mall developer plans to acquire shares in Goldilocks Bakeshop. Photo from Wikipedia commons

Wealth of 50 Filipinos account for 24% of PH's 2016 GDP

Aug 24, 2017 - 3:10 PM

4th UPDATE Henry Sy Sr tops Forbes Philippines rich list in 2017 for a decade now but younger and self made tycoons are gaining ground

STILL RICHEST. Henry Sy Sr (extreme right) with wife Felicidad Sy (woman in glasses in the middle) and son Hans Sy (beside Felicidad) during SM grou's 2017 stockholders' meeting. Photo by Rob Reyes/Rappler

SM Investments earns over P16 billion in just 6 months

Aug 09, 2017 - 4:55 PM

Even without the benefits of an election year the Philippines biggest conglomerate sustains growth across its core businesses

Mall operations continue to drive SM Prime's net income

Aug 07, 2017 - 5:45 PM

The additional 1 1 million square meters of retail space from new malls as well as expansions between 2015 and 2017 drive growth in SM Prime s mall rentals

FAST FACTS: SM Investments Corporation

Jun 28, 2017 - 7:45 PM

Here s what every consumer should know about SM Investments Corporation the conglomerate of the Philippines richest man

Doing business under Duterte? Philippines' richest family shows how

Jun 21, 2017 - 7:13 PM

Henry Sy Sr s conglomerate is expanding its presence in China and Mindanao His group has also started submitting unsolicited proposals for public infrastructure

No merger? Henry Sy firm among top shareholders of RCBC

May 23, 2017 - 12:15 AM

A privately held company of the Sy family owner of China Bank and BDO Unibank has been buying shares of RCBC a Yuchengco led bank

SM Investments shakes up management, prepares 3rd generation

Apr 27, 2017 - 8:45 AM

It is an indication that the family would like to professionalize the management of the SM group in preparation for the future says its new chairman Jose Sio

MANAGEMENT SHAKE UP. Frederic DyBuncio, 57, replaces Harley Sy as the president of SMIC. All photos by Rob Reyes/Rappler

SM Prime, Ayala to defy China's slowdown

Apr 26, 2017 - 9:15 AM

While SM Prime plans to increase its investments in China Ayala is in talks with several Chinese firms that are interested in venturing into Philippine infrastructure

CHINESE TASTES. SM City Xiamen shows how well SM has adapted to China. It started as a mass market department store in 2001, then expanded to a lifestyle mall with upscale brands. Photo by Mia Gonzales/Rappler

Can conglomerates foster inclusive development in PH?

Apr 03, 2017 - 10:00 AM

The country faces a dilemma in development as it strives to achieve growth and progress amid distress and poverty

DILEMMA. The Philippines is one of the fastest growing economies despite having the third highest poverty incident rate in ASEAN.

Road rage suspect, richest Filipinos, Comey | Midday wRap

Mar 21, 2017 - 12:04 PM

Watch the midday newscast with Ana Arceo

Record number of Filipinos among 'richest people on the planet'

Mar 21, 2017 - 8:03 AM

Joining the 14 Filipinos who are dollar billionaires in 2017 are Ramon Ang Injap Sia Eduardo Cojuangco and Roberto Ongpin

Be it Sangley or Bulacan, San Miguel keen on new airport dev't

Jan 23, 2017 - 1:00 PM

At the end of the day we will join all of the auctions for projects of the government says San Miguel Corporation president Ramon Ang

GOVERNMENT AUCTION.'At the end of the day, we will join all of the auction for projects of the government,' SMC chief Ramon Ang says. Photo by Martin San Diego/Rappler

Tieng, Sy group optimistic Sangley airport proposal will be approved

Dec 12, 2016 - 1:00 PM

The proposal for the P1 3 trillion Philippine Global Gateway project is up for approval of the NEDA Board

POSITIVE. All-Asia Resources & Reclamation Corporation says the proposal was welcomed by no other than President Rodrigo Duterte himself. Image background from ARRC

MVP open to partnering with Sy or Ang for new Manila airport

Nov 28, 2016 - 12:40 AM

One thing is sure – the Philippines needs a new airport to ease congestion at the NAIA

UPGRADED. The NAIA Terminal 1's improved check-in lobby. Photo from Department of Transportation

Group of Sy and Tieng also wants to build a new airport

Oct 31, 2016 - 7:11 PM

The group will join the China Communications Construction Company s dredging unit in this project says a Bloomberg report

WAY HIGHER CAPACITY. ARRC's proposed new airport is seen to handle up to 90 million passengers per year, way higher than NAIA's 28 million

Asia's Emerging Dragon to bid for NAIA PPP

Oct 03, 2016 - 9:05 PM

The corporation formed back in 1993 by several taipans again expresses interest in redeveloping the Ninoy Aquino International Airport

A passenger arrives at the Ninoy Aquino International Airport in Manila on October 18, 2013.The Philippines' main Manila airport terminal has been named the world's worst for the second year in a row in a survey by an online travel website. AFP PHOTO/ NOEL CELIS / AFP PHOTO / NOEL CELIS

SM Prime to open 7 new malls in 2017

Aug 30, 2016 - 1:08 PM

By end of 2017 SM Prime will have 67 malls nationwide

AGGRESSIVE EXPANSION. The biggest mall to open in 2017 is SM Premier Cagayan de Oro with 81,133 sqm. Rappler file photo

Chavit Singson secures major sponsors for Miss Universe 2016

Aug 29, 2016 - 4:50 PM

The group of Chavit Singson secures commitment from Philippine Airlines SM Japanese casino mogul Kazuo Okada and Solar Entertainment among others the tourism chief says

INVESTOR INTEREST. Tourism Secretary Wanda Teo says her department is getting a lot of private sector interest for Miss Universe 2017. Photo by Chrisee Dela Paz/Rappler

Henry Sy still PH's richest man for 9th straight year – Forbes

Aug 25, 2016 - 1:35 PM

The biggest gainer on the list of richest Filipinos percentage wise is Edgar Sia II

Hans Sy retiring as SM Prime president

Jul 05, 2016 - 8:00 PM

But Sy will remain highly involved in the company s overall strategic direction as chairman of SMPHI s Executive Committee and member of the board

BOW. SM Prime President Hans T. Sy leads the opening of SM Angono, the company's 50th mall, on Friday, November 14, 2014. Photo from SM Supermalls Facebook page

Marcos’ candidacy, HBO on Pacquiao, PH billionaires | 6PM wRap

Mar 03, 2016 - 7:05 PM

Watch Rappler’s 6PM newscast with Chay Hofileña

11 Filipino tycoons back in Forbes' list of world's richest

Mar 03, 2016 - 2:30 PM

Henry Sy Sr the 91 year old chairman of SM Investments Corporation retains his spot as the richest Filipino according to Forbes 2016 World s Billionaires

PHILIPPINES' RICHEST. (From left): Henry Sy, John Gokongwei Jr, Lucio Tan, and George Ty

New UP campus in BGC to open this 2016

Mar 02, 2016 - 9:29 AM

UPDATED UP Vice President for Public Affairs Prospero de Vera says UP BGC s College of Law will offer two classes starting school year 2016 2017

NEW CAMPUS. The University of the Philippines Bonifacio Global City will offer graduate level courses to professionals. Photo by Misael Bacani/UPSIO

China Bank to open 11 branches in December

Nov 28, 2015 - 9:51 AM

Retail and banking magnate Henry Sy’s China Bank expects to close 2015 with 508 branches including those of China Bank Savings and Planters Development Bank

BEEFING UP. China Bank will open branches in Makati, Quezon City, and San Juan in December

#PugadBaboy: Canada punchline 2

Nov 12, 2015 - 5:00 AM

UP expands to Taguig with new building

Nov 06, 2015 - 5:51 PM

Henry Sy Sr Hall will serve students of both graduate and undergraduate levels

SM opens first mall in Caloocan City

Oct 23, 2015 - 3:49 PM

It is SM s 55th mall in the Philippines and targets to close 2015 with 56 in the country and 6 malls in China

NEW MALL. The newest SM mall eyes to cater to more than 1.5 million Filipinos with 90% of the space lease awarded to various tenants.  Image from SM Prime

PH to UN body, Mamasapano probe, forest fires | 6PM wRap

Oct 08, 2015 - 6:20 PM

Watch the 6PM edition of Rappler s newscast The wRap

Sy, Ayala, Aboitiz in Forbes' list of Asia's richest families

Oct 08, 2015 - 1:53 PM

The 3 prominent Filipino clans are included in the magazine s inaugural list of the 50 wealthiest business dynasties in the region

LEADERS. (From left) Henry Sy, Jaime Zobel, Jon Ramon Aboitiz has led their families in building businesses and their families are now considered among the richest in Asia, according to Forbes magazine.

PH's Monde Nissin buys meat-alternative producer Quorn

Oct 01, 2015 - 7:01 PM

UPDATED Henry Sy led BDO Unibank Inc which played a major role in the 831 million deal to acquire Quorn Foods is bullish about Monde Nissin s global expansion

Virginia shooting, US-PH talks, Forbes richest | 6PM wRap

Aug 27, 2015 - 7:55 PM

Watch the 6PM edition of Rappler s newscast The wRap

Who else made the Forbes' richest list in PH?

Aug 27, 2015 - 3:50 PM

Know the newbies youngest oldest and other interesting personalities in Forbes Philippines 50 richest list for 2015

Henry Sy remains Philippines' richest – Forbes

Aug 27, 2015 - 9:42 AM

UPDATED The mall magnate s net worth climbs to 14 4 billion making him the country s wealthiest for the 8th consecutive year Forbes magazine s list of 50 richest Filipinos reveals

Belle Corp's net income halved in H1

Aug 01, 2015 - 8:41 PM

Without non recurring gains from last year Belle Corporation would have doubled its recurring profit in the first half of 2015

CONSOLIDATION. Belle spun off its key gaming assets in 2014, transferring its stakes in City of Dreams Manila and Pacific Online Systems Corporation. File photo by Ted Aljibe / Agence France-Presse

BDO completes acquisition of largest rural bank

Jul 22, 2015 - 12:59 PM

The Henry Sy led bank cements its foothold in the Philippine banking industry by taking over Mindanao based One Network Bank

SM Prime sets P20-B annual budget for China expansion

Apr 14, 2015 - 8:44 PM

SM eyes to put more shopping malls landbanking activities and residential projects in the 2nd largest economy in the world

'Lechon queen’s' advice to OFW families

Mar 31, 2015 - 10:13 PM

Says the woman behind Lydia s Lechon: Whenever you are presented with a good business opportunity just say yes then figure out how to deliver on your promise

Pacquiao tops BIR list of individual taxpayers

Mar 28, 2015 - 4:53 PM

UPDATED Of 12 known Filipino billionaires this year only one is in the top 10 of 2013 taxpayers – Andrew Tan of Alliance Global

Pacquiao tops list of top taxpayers for 2013