Davao’s Dennis Uy exits 2GO, sells to SM Group

Miguel R. Camus - Reporter / @miguelrcamusINQ 03/19/2021

MANILA, Philippines — The Sy family’s conglomerate SM Investments Corp. is taking over 2Go Group Inc., strengthening its footprint in logistics during a period of upheaval for the industry. SM is taking a controlling stake in 2Go…

Osmeña files ‘tax fraud’ complaint vs BDO-Magallanes

Izobelle T. Pulgo, Nestle L. Semilla, Victor Anthony V. Silva 01/04/2017

Cebu City Mayor Tomas Osmeña has lodged a complaint before the Office of the City Prosecutor against the Magallanes branch of Banco de Oro (BDO) for alleged tax fraud after the branch declared a gross annual revenue…

SM eyes expansion in Visayas, Mindanao

Victor Anthony V. Silva 08/22/2016

Alfa Mart to be introduced in the regions including the Visayas soon The Henry Sy-led conglomerate SM Investments Corp. (SM) is primed to expand to Visayas and Mindanao where huge potential for growth is seen. Corazon Guidote,…

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