21 Feb
2022
SM Prime’s Net Income Reported PHP21.8 Billion in 2021
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a PHP6.2 billion consolidated net income in the fourth quarter of 2021. The Company’s consolidated revenues registered PHP25.5 billion, which is 20% higher from PHP21.2 billion in the same period being reviewed. Likewise, consolidated operating income increased by 67% to PHP10.8 billion in the fourth quarter of 2021 from PHP6.5 billion in 2020.
07 Feb
2022
Horizon Terraces Garden Villas: In-Demand Flexible Homes with Picturesque Views
Lush naturescapes have often been taken for granted for their sheer accessibility. That is, until a pandemic kept most Filipinos cloistered at home for two years and are now yearning to reconnect with nature. With studies showing that appreciating beautiful nature views promotes better mental health and a more positive outlook in life, property seekers are manifesting a growing preference for flexible homes with their own garden or ample backyard space.
04 Jan
2022
Tagaytay Highlands’ 2022 Outlook Bullish, Buoyed by DHSUD Award
Tagaytay Highlands ushers in the New Year with a special recognition from the Department of Human Settlements and Urban Development (DHSUD) hailing its developer Highlands Prime, Inc. (HPI), a subsidiary of SM Prime Holdings, as one of CALABARZON’s 2021 Outstanding Developers for Open Market Projects.
20 Dec
2021
SMX Convention Center Named Best Convention Center in The Philippines
SMX Convention Center Manila was recently named by World M.I.C.E Awards as the Best Convention Center in the Philippines for 2021. World M.I.C.E. Awards is an annual citation to honor the outstanding leaders in the M.I.C.E. (Meetings, Incentives, Conferences and Exhibitions) industry.
09 Dec
2021
Finding refuge amidst nature in Hamilo Coast
With the onset of COVID-19, Filipinos and the rest of the world have had to deal with an unprecedented upheaval in their lives: lockdown. Being confined in one’s home for an uncertain duration, with limited movement and access, required drastic adjustment, with some people inevitably experiencing higher levels of anxiety.
01 Dec
2021
Horizon Terraces Garden Suites: Come Home for Christmas Amid Nature Views
Dreaming of a green Christmas with the grandeur of nature in full view? You probably are if a nasty virus had you cloistered in a high-density condo or residential district in the congested metro for nearly two years. Now, all you want for Christmas is a place of your own surrounded by plentiful open green spaces that meet the World Health Organization’s (WHO) standards for adequate exposure to nature and opportunities for outdoor activities.
27 Nov
2021
A Season of Joy and Hope at Pico de Loro Cove
27 November 2021, Nasugbu, Batangas City Philippines– Pico de Loro Cove welcomes the holiday season with a Christmas Tree Lighting ceremony led by SM Hotels and Conventions Corp. President Ms.
24 Nov
2021
SM City Grand Central: SM Prime’s Newest Mall Destination in Metro Manila
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is scheduled to open SM City Grand Central on November 26th, Friday. This latest development will add more than 116,000 sqm of gross floor area (GFA) in the Company’s mall portfolio providing six levels of retail spaces meant for a whole new level of shopping, dining, entertainment and recreational experiences in the City of Caloocan.
24 Nov
2021
Park Inn by Radisson Bacolod Welcomed the Holiday Season with its Newly-Opened Art Gallery and Tree Lighting Ceremony
Park Inn by Radisson Bacolod, the new and vibrant upper midscale hotel in the City of Smiles, formalized its opening through a festive welcome of the holiday season.
23 Nov
2021
SMX Meetings: Small in Scale, Great in Value
SMX Convention Center (SMXCC), the leading convention center in the country, remains committed to adapting to the market’s evolving needs in light of the pandemic. As such, customized small meeting packages suitable for mid-year and budget planning sessions have been made available, without compromising guests’ safety and while abiding by #SMXsafespaces protocols.
10 Aug
2009
SM Prime posts P3.4B net income in H1
Mall developer and operator SM Prime Holdings Inc. posted an 8 percent increase in net income in the first half the year to P3.4 billion defying weak market expectations due to the global crisis.
10 Aug
2009
SM opens business center in Marilao
MARILAO, Bulacan—Bulakeño shoppers may now enjoy their malling activities better, even when they forget to pay their monthly bills or change their foreign currencies, when SM last week opened its new SM business service center (BSC) here.
07 Aug
2009
What crisis? SM malls unit of Henry Sy posts 8% profits
IF consumers are cutting back on spending, they certainly aren’t doing so within the massive box-like structures which today form the backbone of Henry Sy’s retail empire.
07 Aug
2009
SM Prime’s profits rise after opening new malls
SM Prime Holdings Inc. (SMPH), the Philippines’ largest mall operator, said its second quarter earnings rose after it opened new shopping centers and retail activity defied market expectations.
07 Aug
2009
SM mall, real estate units register profit despite slowing economy
THE country’s biggest mall developer and operator announced on Thursday that its profit in the first six months climbed on the back of higher rental payments even if the economy has barely expanded at the start of the year.
07 Aug
2009
SM’s mall and residential firms post higher first-half profits
PROFITS OF the mall and residential arms of the SM Group grew at the faster rate during the second quarter as customers continue to flock the Sy-led group’s products and services.
03 Aug
2009
SM pushes expansion; Calamba mall next
SM Prime Holdings Inc., the country’s top mall chain developer, expects to post a double digit growth in its revenues for the first half of the year on the back of its aggressive expansion program.
31 Jul
2009
SM Prime’s earnings likely went up on new malls, exec says
MANILA, Philippines – SM Prime Holdings, the Philippines’ largest mall operator, likely posted a double-digit revenue growth for the second quarter after it put up more shopping centers.
31 Jul
2009
Mall operator expects double-digit Q2 growth
THINGS CONTINUE to look good for the country’s largest mall operator, which yesterday hinted of positive April to May results. ‘It is good. Revenue is definitely double digit but for
31 Jul
2009
SM Prime sees double-digit top line growth By Zinnia Dela Peña
MANILA, Philippines – SM Prime Holdings Inc., the country’s largest shopping mall developer, expects a double-digit growth in its top line for the first half of the year, driven by new mall openings.