24 Mar
2023
SM Hotels & Conventions Corp. (SMHCC) Strengthens its Partnership with Radisson Hotel Group (RHG) as it Celebrates Park Inn by Radisson Davao’s 10th Anniversary
SMHCC reaches an important milestone as it commemorates the 10th Anniversary of Park Inn by Radisson Davao, the very first Park Inn by Radisson hotel property to open in the
24 Mar
2023
SM Prime to issue the Fifth Tranche of its Fixed Rate Bonds
(23 March 2023, Pasay City, Philippines) SM Prime Holdings, Inc. has submitted to the Securities andExchange Commission (SEC) an application for a permit to sell for the fifth tranche issuance
23 Mar
2023
Hamilo Coast: Committed to Nurture and Protect the Marine Life
Home to the most diverse marine ecosystem in the world, the Philippines has been tagged as one of seven biodiversity hotspots across the planet. This means that a high number
23 Mar
2023
Horizon Terraces Garden Villas’ Scottsdale: Mountainside Homes for the Whole Family
Filipino home seekers are increasingly dreaming of alternative primary residences situated amid sweeping, lush naturescapes under a clear blue sky. Imagine waking up to a generous dose of mountain views,
02 Mar
2023
Elon Musk’s Starlink at Pico de Loro Beach and Country Club: A First in Southeast Asia!
Elon Musk’s Starlink was launched at Pico de Loro Beach and Country Club (PDLBCC) recently, the first in Southeast Asia! Owned by Space Exploration Technologies Corp. (SpaceX), Starlink is the world’s first
01 Mar
2023
Lee Min Ho is SMDC’s Newest “Good Guy”
The leading developer teams up with the Korean superstar for its “Step into Luxury” campaign Philippines, March 2023 – Leading property developer SM Development Corporation (SMDC) is launching its newest
27 Feb
2023
SM Hotels and Conventions Corp. (SMHCC) Partners with Airspeed for Value-Added Guest Services
SM Hotels and Conventions Corp. (SMHCC) launches ParcelExcellence™ in partnership with Airspeed, a subsidiary of SM Investments Corp. that provides end-to-end logistics solutions and express courier services. Available in all
20 Feb
2023
SM Prime’s Net Income Reaches PHP30 billion in FY2022
(20 February 2023, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, registered a PHP30.1 billion consolidated net income in
23 Jan
2023
SM Hotels and Conventions Corp. (SMHCC) Announces the Appointment of SMX Convention Center’s New Vice President/General Manager
SM Hotels and Conventions Corp. (SMHCC) announces the appointment of Mr. Albaña has over two decades of experience in the hospitality industry from reputable hotel brands here and abroad. Prior
04 Jan
2023
Tagaytay Highlands rising: The call of Midlands West
There’s something auspicious about the new year at Tagaytay Highlands. With the world now teetering on the brink of a new beginning, the country’s most exclusive leisure-residential mountain resort is
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.
