Integrated property development firm SM Prime Holdings Inc. could tap the debt market anew in the first quarter of 2017 for its general funding requirements, its top official said.

The chief finance officer (CFO) of yesteryear mainly took care of back-office functions and number-crunching.

Local and foreign developers including the SM and Ayala Groups as well as a Las Vegas-based company have expressed interest in developing a five-hectare real estate property within the Mactan-Cebu International Airport (MCIA) complex.

SM management commissioned the services of Deyan Construction to initially monitor the growth of the 30,000 agoho tree seedlings that were planted in Camp 7 and Santo Tomas area of the city-owned property and will plant the remaining 20,000 seedlings also in the same area this year.

SM Prime Holdings Inc., the country’s largest integrated property developer, said it plans to open seven shopping malls in 2017 to bring total leasable area to 7.95 million square meters.

TYCOON Henry Sy remained the wealthiest person in the Philippines for the ninth year in a row, based on the annual ranking of Forbes Asia magazine.

An investment opportunity literally landed on the laps of a five-month-old boy and his parents in Cagayan de Oro. In a Facebook post, SM Investments Corp. SVP for Investor Relations

Two of the country’s most respected taipans–Henry Sy Sr. and John Gokongwei–have been engaged in a healthy competition in business. At one time, they had to settle their interest in a very simple way: toss coin.

SM Investments Corp., the holding company of tycoon Henry Sy, said Wednesday it is negotiating for a partnership or possibly a joint venture with Swedish furniture brand Ikea.