27 Feb
2024
SM Prime Invests in Future Sustainability Leaders with Scholarship Program
Inspired by the late Henry Sy Sr.’s belief in the power of education and driven by their commitment to sustainability, leading integrated property developer SM Prime Holdings, Inc. (SM Prime)
19 Feb
2024
SM Prime’s Net Income Up by 33% in FY2023
(19 February 2024, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, posted a PHP40.0 billion consolidated net income in 2023, 33%
15 Feb
2024
SM Hotels and Conventions Corp. Appoints Senior Vice President for Operations
SM Hotels and Conventions Corp. (SMHCC) announces the appointment of Ms. Catherine H. Nepomuceno as Senior Vice President for Operations. Cathy is a veteran in the hospitality industry with over
12 Feb
2024
SM & ASP Champion Change for an #AutismOKPH Future
The Autism Society Philippines (ASP) and SM Cares, in partnership with the National Council on Disability Affairs celebrated National Autism Consciousness Week with the AOK Pilipinas Live 2024, a live
12 Feb
2024
Fueling The Future: SM Prime Unveils Groundbreaking Waste-To-Fuel Partnership
SM Prime has entered a joint venture with GUUN Co. Ltd (GUUN), with SM Prime holding 70% of the equity of the Philippine joint venture company. GUUN Co. Ltd is
06 Feb
2024
SMX Convention Center Manila Recognized At The Asean Tourism Standards Awards
SMX Convention Center Manila has established its name in the MICE industry not only in the Philippines but also in Southeast Asia as it received the Association of Southeast Asian
26 Jan
2024
Lanson Place Mall of Asia, Manila Unveils 10 Ways to Enjoy the Newly Opened CYAN Modern Kitchen
CYAN Modern Kitchen opens 2024 with a plethora of flavours. From Hong Kong inspired dishes, authentic, Indian cuisine, curated charcuterie boards, to an interactive grilling station, the innovative open kitchen
24 Jan
2024
SMX Convention Center Clark And Olongapo Win Honors at The Department of Tourism Region 3 – TRES Awards
SMX Convention Center Clark and Olongapo bagged multiple awards at the recently concluded Department of Tourism Region 3 – Tourism Recognition for Enterprises and Stakeholders (TRES) Awards that took place
23 Jan
2024
SM Skating’s ‘Ice Castles’ and ‘Cool Runnings’ Dreams
As films like “Ice Castles” and “Cool Runnings” have shown us, no individual aspiration, no team goal, is too far-fetched or ridiculous to dream for. SM Skating knows this all
22 Jan
2024
SM Supermalls’ Bike-Friendly Initiatives Shine at Mobility Awards 2023
SM Supermalls recently clinched accolades at the Mobility Awards 2023, with 13 SM malls being recognized as establishments that champion sustainable and bicycle-friendly practices in the Philippines. SM Mall of
Stories
14 Aug
2006
SM Profits Grow 85% to Php5.1 bn for 1st Half 2006
(14 August 2006. Pasay City, Philippines) Holding company, SM Investments Corporation reported an 85% growth in net income for the first six months of 2006 to Php5.1 billion boosted by extraordinary gains from the sale of marketable securities during the period and Global Depository Receipts in the first quarter.
11 Aug
2006
SM Investments to simplify corporate structure
THE holding firm SM Investments Corp. of mall tycoon Henry Sy said its board had approved a plan to reorganize and simplify its corporate structure by grouping subsidiaries, affiliates and other assets together according to lines of business or interests.
11 Aug
2006
Retail space rental up on consumer spending
Rental rates for retail spaces in Metro Manila continued to rise in the first half with strong consumer spending supporting its growth, property services firm Jones Lang LaSalle said. In
10 Aug
2006
SM Corp. restructures to simplify ownership
SM Investments Corp. said it will create subsidiaries and affiliates as part of a ownership restructuring plan that will simplify its corporate structure. In a statement, SM Investments said it approved the plan aimed at realigning the ownership of shares and properties within SM to “follow major business lines, namely retail merchandising, mall operations, the banking and financial services, real estate and private investments.
10 Aug
2006
SM Investments approves corporate restructuring plan
SM Investments Corp. (SMIC), the listed investment holding company of retail tycoon Henry Sy, has approved a restructuring plan aimed at simplifying the company’s structure by grouping sub-sidiaries, affiliates and other assets together in their respective lines of business or interest.
10 Aug
2006
SMIC streamlines businesses, creates two new companies
SM Investments Corp. (SMIC), the listed holding firm of retail king Henry Sy Sr., is moving to simplify its corporate structure by putting subsidiaries, affiliates and other assets together in their respective lines of business or interest.
10 Aug
2006
SM holding firm to restructure
Sy-led holding firm SM Investments Corp. (SMIC) yesterday announced plans to form two new companies within this year as part of its efforts to simplify its organizational structure among its diverse business interests. An SM Hypermarket outlet at the new SM City North EDSA’s The Block.
07 Aug
2006
SM Prime profit up 9% on robust mall revenues
Mall developer SM Prime Holdings Inc. has posted a nine-percent increase in its net profit attributable to the parent firm for the first half of the year to P2.6 billion from P2.4 billion last year mainly driven by robust revenue growth during the period.
05 Aug
2006
SM Prime nets P2.6 B in 1st half
SM Prime Holdings, Inc. (SM Prime), the country’s leading shopping mall developer and operator, reported a 9 percent growth in net income for the first six months of the year to P2.6 billion from P2.4 billion in the same period 2005.
05 Aug
2006
SM Prime registers profit hike in first half
SM PRIME Holdings Inc., the Philippines’ largest shopping mall operator, said its profits in the first six months of the year rose on revenues from its new malls.
