SM Investments Vice Chairman Teresita Sy-Coson

SM Investments Vice Chairman Teresita Sy-Coson

Julian Abram Wainwright/Bloomberg

“My father always said tourism is the business of the future,” said Teresita Sy-Coson, vice chairwoman of SM Investments Corp. “The problem is tourism projects have a long gestation period. The asset revaluation opportunity is OK but in terms of returns it’s not that good.”