Forbes Philippines - May 2015

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Welcome to the premier issue of FORBES PHILIPPINES, the 38th edition of the world renowned business magazine, Forbes.
We highlight how the local tycoons and other key business leaders are investing in the country, now more than ever, supporting an economy that’s growing the second fastest in Asia.
Gracing the first issue is Andrew Tan, a billionaire tycoon who used to be snubbed by banks, but has snapped back big time. Now, the man behind Megaworld, Emperador, McDonalds and Resorts World is among the big league.
We also put the spotlight on the Ayala family, and how the heirs-in-charge are defying an age-old mantra not to invest in risk-laden infrastructure and power industries.
Another side of the Sy family, the countries richest, is another story. Their stake in National University has been a case study not just of the influence of additional capital but of sports marketing in general. One of their key partners, Megawide, has since expanded from building condominiums for SM to big-ticket infrastructure projects, like the Cebu airport.
Enjoy research-heavy based visual treats in our leaderboard pieces. Go to the page on “Where CEOs live” for a map of where close to 300 leaders of the country’s biggest companies call home.
We also give you a taste of how risk-management techniques are applied by investment banker Louie Bate into buying paintings.
All this and more in the May 2015 issue of FORBES Philippines.