Eastland Heights Village by Megaworld

Henry Sy tops PH billionaires in 2018 — Forbes By CNN Philippines Staff Updated 17:45 PM PHT Wed, March 7, 2018 Metro Manila (CNN Philippines, March 7)  — Retail magnate Henry Sy is still the richest person in the country with a net worth of $20 billion or P1.04 trillion, according to business magazine Forbes. This is the 11th year in a row Sy topped the list of the richest people in the Philippines. His net worth is almost double compared to last year, which was at $12.7 billion or P 660.26 billion. The self-made business tycoon also ranked the 52nd richest worldwide for 2018. He is also one of the oldest billionaires in the world at 93 years old. Sy is the chairman emeritus of the country's largest retailer, SM Investments Corporation. His company has stakes in the retail, banking, and property sectors. Next to Sy is John Gokongwei, Jr., with a net worth of $5.8 B or P 301.54 billion. The 91-year-old Gokongwei Jr. of conglomerate JG Summit has i...

Philippines named best country to invest in By CNN Philippines Staff Updated 15:53 PM PHT Tue, March 6, 2018 http://cnnphilippines.com/business/2018/03/06/Philippines-tops-Best-Countries-to-Invest-In-list.html Metro Manila (CNN Philippines, March 6)  — The Philippines ranked first in a U.S. report's list of the "Best Countries to Invest In" for 2018. The U.S. News and World Report said the Philippines has been performing well in terms of foreign direct investment (FDI), despite declining inflows to other Southeast Asian countries. "In years to come, the country is expected to receive more FDI from within the region from powerhouses like China that are looking to utilize available labor in developing nations," the report said. The Philippines topped the list of 80 countries. It is followed by Indonesia, Poland, Malaysia, and Singapore. On its website, the U.S. News said its ranking is based on scores given by "more than 6,000 busi...