Family Business
In a rare media interaction, Henry Cheng, chairman of New World Development's parent company, shared his family's investment philosophy, emphasizing that mutual benefit is more than words for Chow Tai Fook Enterprise (CTFE). Cheng stressed investing the right way by trusting professional teams and compounding value over time. His comments come amid scrutiny over the group's handling of New World Development's mounting debt, though he declined to comment on it.
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The Mendoza family has established Modala Beach Resort at the serene tip of Doljo Beach in Panglao, Bohol, focusing on warmth and Filipino hospitality. Drawing from their own travel experiences, they created a space for relaxation away from crowds. Linked to a unique strip mall, it provides convenience without losing tranquility.