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Top SM Investments executive pushes 'Philippines first'

Domestic focus to counter protectionist sentiments abroad

SM Investments started out as a shoe store. Now a business empire with $16 billion in assets, the group is led by Vice Chairperson Teresita Sy-Coson. (Photo by Akiyoshi Inoue)

MANILA -- A top executive from the biggest Philippine conglomerate is advocating a "Philippines-first" attitude in the face of protectionist sentiments around the world led by Donald Trump, the new U.S. president.

"All of us are supposed to look at the Philippines first -- there are still a lot of opportunities," SM Investments Vice Chair Teresita Sy-Coson told reporters on the sidelines of an ASEAN Business Advisory Council meeting on Wednesday.

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