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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 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

Sy, Zobel still in, Aboitiz out of Forbes' list of Asia's richest families

Nov 15, 2017 - 2:09 PM

Two prominent Filipino clans are included in the magazine's annual list of the 50 wealthiest business dynasties in the region

BILLION-DOLLAR CLAN. Sy and Zobel de Ayala families are Philippines' two richest clans. Photos from Ayala's and SM Investments's official website

Who are the richest families in ASEAN?

Nov 10, 2017 - 9:00 PM

All together, the estimated net worth of ASEAN’s richest families is about $222.86 billion

BILLIONAIRES. Several members of the richest families in ASEAN are also some of the richest people in the world.

How the Sy family and Dennis Uy became business partners

Aug 15, 2017 - 6:04 PM

Davao based businessman Dennis Uy has earned the trust of the Philippines richest family the Sys who backed him in his foray into shipping and logistics

Sit down interview with Phoenix Petroleum President and CEO Dennis Uy on July 12, 2017. Photo by LeAnne Jazul/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

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

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