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On 68th birthday, Cebu archbishop wishes for drug killings to end

CEBU CITY — Cebu Archbishop Jose Palma had two wishes as he turned 68 on Monday – peace and end to the spate of killings in the country. (6-0)

More fund-raising activities for infrastructure projects expected

2018-03-18 bworldonline
THE Philippine Dealing and Exchange Corp. (PDEx) hopes to equal the volume of listings it recorded in 2017, as it sees more fund-raising activities to finance infrastructure projects. (35-0)

The richest man in the Philippines

2018-03-18 bworldonline
He always sat in front of the cash register. “Cabisé, wala bang size 4, children’s, nito (don’t you have size 4, children’s, of this style)?” the young mom would ask. Unspeaking, he would almost lazily lift the shoes to eye-level of the lady sitting on a high stool near the opposite wall. The lady-barker would nod to him in acknowledgement while chanting an endless staccato of something like: 4, 4-? B232; 6, 6-? A101; 5, 5-? C323; etc. (16-0)

The World’s Best-Performing Property Stock Has Surged 1,386% This Year - Bloomberg

2018-03-09 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (20-0)

12 richest Pinoys have P2.9 trillion

With an estimated net worth of $20 billion, SM founder Henry Sy Sr. remains the richest among the tycoons from the Philippines who made it to Forbes magazine’s latest annual list of the wealthiest people on the planet. (76-0)

Henry Sy, Jr. retires from NGCP to focus on real estate

2018-03-07 bworldonline
THE board of directors of privately owned National Grid Corporation of the Philippines (NGCP) approved on Wednesday the request of its president and chief executive officer Henry T. Sy, Jr. to avail of an early retirement “to focus on his real estate business.” (20-0)

Henry Sy, 11 other tycoons from PH, among the world’s richest

A dozen tycoons from the Philippines, Henry Sy Sr. who founded the storied SM group, are among the wealthiest people on the planet, based on Forbes magazines’ 2018 list of billionaires. (44-0)

SM Prime hikes capex

2018-03-01 bworldonline
SM PRIME Holdings, Inc. (SM Prime) is accelerating its spending program in the next two years to support the continued expansion of its shopping mall and residential projects into the provinces. (6-0)

Stocks continue decline

2018-03-01 bworldonline
Local share prices extended their decline on Thursday, March 1, as investors tracked movements of global markets alongside the release of economic data. (11-0)

SM group 2017 profit rises by 6%

The country’s largest conglomerate SM Investments Corp. grew its net profit last year by 6 percent to P32.9 billion on higher earnings from its property and banking businesses. (22-0)

Sy’s SMIC posts 6% profit growth, but shares slip

2018-02-28 bworldonline
THE HOLDING FIRM of country’s richest man Henry Sy, Sr. clocked in a 6% growth in earnings in 2017, fueled by the continued expansion of its property, retail, and banking units. (17-0)

SM Prime recurring profit up 16%

2018-02-19 bworldonline
NEW MALLS and sales of residential properties continued to drive SM Prime Holdings, Inc.’s earnings higher in 2017. (6-0)

PSEi returns to 8,700 level as rate hike fears ease

2018-02-19 bworldonline
SHARES jumped on Monday as positive corporate earnings alongside dwindling fears for a faster rate hike by the US Federal Reserve fuelled optimism. (16-0)

SM Prime nets P27.6B

Property giant SM Prime Holdings grew its recurring net profit last year by 16 percent to P27.6 billion on higher rental revenue from shopping malls and residential development. (6-0)

SM Prime opening 6th mall in Cavite

SM Prime Holdings Inc. is opening a new shopping mall in Imus, Cavite, marking its 68th retail hub in the Philippines and the sixth in the province of Cavite. (6-0)