01 Apr
2024
OpenGov Forum 2024 Brings Together Women Leaders in Disaster Risk Reduction
In celebration of Women’s Month this 2024, 800 local government unit (LGU) officials together with representatives from the private sector, convened for the first series of this year’s Open Government
31 Mar
2024
SM Prime Embarks on a Unified Waste Management Program for an #SMWasteFreeFuture
MANILA – SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is embarking on a unified waste management and segregation campaign in response
26 Mar
2024
‘Listen to your Employees,’ and Other Lessons from Best Employer Awardee SMDC
With a focus on active and consistent employee engagement through meaningful activities, SM Development Corporation (SMDC) has been acknowledged by several award-giving bodies as one of the best employers in the country.
25 Mar
2024
Beyond Lights Out: SM Supermalls Empowers Youth to Champion Sustainability
SM Supermalls once again showed its continuous commitment to sustainable practices like this Earth Hour, by supporting the annual Global Lights Switch Off on March 23rd from 8:30pm to 9:30pm.
25 Mar
2024
SM Shows Solidarity for Down Syndrome Community Through This Year’s Happy Walk
SM Cares, in partnership with the Down Syndrome Association of the Philippines (DSAPI), continues to show its support and commitment to raising awareness and empowering the Down syndrome community through
22 Mar
2024
SM Celebrates Sustainability on World Water Day: Supporting DENR-NCR’s Gawad Taga-Ilog and Beyond
In time for World Water Day on March 22, SM, a long-time partner of the Department of Environment and Natural Resources (DENR) – National Capital Region (NCR), celebrated their commitment
19 Mar
2024
Building Tomorrow’s Homes Today: SMDC and Sustainability
SMDC takes its role of helping create a nation of homeowners very seriously SMDC takes its role of helping create a nation of homeowners very seriously. As the Good Guys,
19 Mar
2024
Happy Walk 2024 at SM: Celebrating Inclusivity for our Natatanging Nilalang
Since its inception in 2003, Happy Walk has been synonymous with spreading joy, raising awareness, and fostering inclusivity for individuals with Down Syndrome and their families. What started as a
19 Mar
2024
Time to Shine: Make Your Mark for Earth Hour at SM Malls
Small actions can make a big difference. This year, SM Supermalls invites everyone to #GiveAnHourForEarth by joining millions around the world in the annual Global Lights Switch Off on March
15 Mar
2024
SM SUPERMALLS and BFP Conduct Fire Drill to Commemorate Fire Prevention Month
More than 21k employees, security guards, janitors, other agency personnel, customers, BFP personnel in more than 106 SM malls, offices and properties participated in 3rd SM Supermalls and Bureau of
Stories
09 May
2007
SM Prime nets P1.5 B in Q1, up 11%
SM Prime Holdings, Inc., the country’s leading shopping mall developer and operator, reported an 11 percent rise in net income for the first quarter of the year to P1.5 billion, while EBITDA jumped 19 percent to P2.5 billion for an EBITDA margin of 71 percent.
09 May
2007
SM Prime profit jumps 11% to P1.5B in Q1
Shopping mall giant SM Prime Holdings Inc. posted a net profit of P1.5 billion in the first quarter this year, up 11 percent from a year ago on higher income from lease operations.
09 May
2007
New shopping malls earnings raise SM Prime’s net income
SM Prime Holdings Inc. said on Tuesday its first-quarter earnings climbed with the addition of new malls and the expansion of existing ones. In a statement, the Philippines’ biggest mall developer and operator said its net income for the first three months rose 11 percent to P1.5 billion.
03 May
2007
SM PRIME ‘Willing To Wait’ For Control Of South Road Properties
SM Prime Holdings Inc. (SMPHI) president Hans Sy has said the company is willing to wait on its plan to take full control over the 295-hectare (ha) South Road Properties (SRP) in Cebu City.
03 May
2007
Philippines’ property sector is red-hot
THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.
24 Apr
2007
SM Prime sets aside P35 B to continue expansion binge
SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.
24 Apr
2007
BusinessWorld: SM Prime sets P35-B plan
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.
24 Apr
2007
Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires
SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.
24 Apr
2007
Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007
SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.
24 Apr
2007
Philippines SM Prime Hikes Capital To PHP20B From PHP10B
SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.
