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Villar, Sy siblings still top list of richest Filipinos

TYCOON Manuel B. Villar Jr., chairman of the Villar Group, is still the country's richest person, according to a list compiled by Forbes magazine. Villar, who made his fortune in property development, including retail and memorial parks, has a net worth of about $9.7 billion, according to the methodology used…

EDC makes changes in senior leadership

MANILA, Philippines Clean energy powerhouse Energy Development Corp. (EDC) of the Lopez group is making senior leadership changes as the company’s long-time president Richard Tantoco is set to step down next month. First Gen, in a stock exchange filing, said Tantoco will be stepping down as executive vice president of the listed energy company effective July 1 due to medical reasons. He will also be resigning as president of First Gen.

EDC makes changes in senior leadership

EDC makes changes in senior leadership
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