SM Investments—controlled by the family of the late billionaire Henry Sy Sr—has earmarked as much as 90 billion pesos ($1.6 billion) in capital expenditures this year to expand its real estate and retail footprint across the Philippines, betting the country’s economic growth will remain robust. “Opportunities for growth remain high,” SM Investments president Frederic C DyBuncio said at the company’s…
Billionaire Sy Family’s SM Earmarks Up To $1.6 Billion To Expand Philippine Property, Retail Footprint – Forbes
