15 Nov
2024
SM Prime Expands to New Markets with SM Residences
(November 14, 2024, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, is undertaking a strategic reformat and expansion of
11 Nov
2024
SM Prime Net Income Rises by 12% in 9M 2024
(November 11, 2024, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, recorded PHP33.9 billion consolidated net income in the
01 Nov
2024
SM Group Stands in Solidarity with Typhoon Kristine Victims
Typhoon Kristine brought significant challenges to communities across Luzon. In the face of this adversity, the SM Group mobilized its resources to provide immediate relief and support to those affected.
31 Oct
2024
2024 WIN DRR Awards Honors Outstanding Women Leaders
The United Nations Office for Disaster Risk Reduction (UNDRR), the Australian government, and SM Prime recognize female trailblazers in disaster risk reduction. The United Nations Office for Disaster Risk Reduction
25 Oct
2024
International Exhibit and Fire Square Road Show Address Disaster Risks at SM Mall Of Asia
As the world comes together to observe the International Day for Disaster Risk Reduction (IDDRR) 2024 in October, an increased awareness on disaster risk reduction becomes everyone’s responsibility in the
23 Oct
2024
SM and Eye-Able® Pioneers Digital Accessibility in the Philippines
SM Cares is taking a significant step towards digital inclusivity by launching Eye-Able® on the SM Supermalls website. Starting October 21, users will experience a more accessible, user-friendly interface designed
23 Oct
2024
SM Prime Expands Visayas Footprint with Opening of SM City J Mall in Mandaue City
Pasay City, Philippines [October 23, 2024] – SM Prime Holdings, Inc. (SM Prime), a leading integrated property developer in Southeast Asia, has announced the grand opening ofSM City J Mall
22 Oct
2024
SM Life at SM Prime Group honored as 2024 PMAP People Program of the Year
The SM Prime Group has been recognized as the National Awardee for its SM Life program, winning the People Program of the Year 2024 (Employee Experience and Engagement category) at
18 Oct
2024
Private Sector Resilience Initiatives Take Center Stage at APMCDRR 2024
The Asia-Pacific Ministerial Conference on Disaster Risk Reduction (APMCDRR) 2024 was held with a strong focus on the private sector’s role in building resilient communities. Hosted annually by the Philippine
16 Oct
2024
SM Hotels and Conventions Corp. (SMHCC) Launches Tela Tales in Iloilo and Bacolod
After the success of its Manila launch, SMHCC brings Tela Tales to the “City of Love” and “City of Smiles,” in partnership with Park Inn by Radisson Iloilo and Bacolod.
Stories
28 Dec
2007
SM Prime not yet listing on other exchanges
Shopping Mall Developer and operator SM Prime Holdings, Inc. will wait for the enactment of proposed law on real estate investment trust (REITs) before it considers listing in other exchanges, Executive Vice-President Jeffrey C. Lim said.
20 Dec
2007
SM Prime eyes P4B in loans in 2008
SM Prime Holdings Inc., the mall development arm of tycoon Henry Sy, is considering borrowing P4 billion in 2008 to help fund construction of new malls, a company official said.
20 Dec
2007
Banco de Oro to refinance 0m worth of tier 2 notes
The Sy-controlled Banco de Oro, the country’s fastest growing bank, will refinance about 0 million of its tier 2 notes next year, bank president Nestor Tan told reporters yesterday.
20 Dec
2007
SM bank, mall units to raise P12.4B
SM Investment Corp.’s banking and mall subsidiaries plan to get loans and issue debt totaling at least P12.4 billion (6 million) next year to fund expansion projects and refinance debt, officials said.
20 Dec
2007
SM Prime Plans To Borrow PHP4 Bln In ’08 To Partly Fund Capex
SM Prime Holdings Inc. (SMPH.PH), the Philippines’ largest mall operator by sales, plans to borrow PHP4 billion (.9 million) next year to partly fund its capital expenditure, which is estimated at PHP6 billion, Executive Vice-President Jeffrey Lim said Wednesday.
20 Dec
2007
SM to borrow locally for additional malls
THE country’s biggest mall builder and operator said it will borrow a substantial part of the money required for next year’s capital expenditures from the local market. In a briefing, Jeffrey C. Lim, SM Prime Holdings Inc. executive vice president, said the company will borrow P4 billion out of the P6-billion capex for next year while the balance would come from internally generated funds.
20 Dec
2007
SM Prime plans P4-B borrowings next yr
Shopping mall giant SM Prime Holdings Inc. plans to borrow P4 billion next year to fund the continued development of new malls and the expansion of existing ones. SM Prime executive vice president Jeffrey Lim said the company needs P6 billion to fund its capital expenditures next year.
11 Dec
2007
SM Prime Expands SM City Cebu with Opening of New Annex
SM Prime Holdings, Inc. (“SM Prime�?) has just expanded SM City Cebu with the opening of its new annex, bringing total GFA to 268,611 square meters (sqm), making it the largest SM mall in the Visayas region. The new wing of SM City Cebu, which will be inaugurated on November 30, 2007 has a gross floor area (GFA) of 107,049 sqm.
11 Dec
2007
SM Nation
At the education summit, held at the Asian Institute of Management, I acknowledged the breakthrough importance of the Commission on Higher Education’s Memo Order No. 39, which standardizes the Bachelor of Science in Business Administration program nationwide. But I suggested that the world it assumed was skewed.
11 Dec
2007
Shopping Center of the Year
The SM Mall of Asia recently received the Philippine Retailers Association’s Shopping Center of the Year Award during its 2007 Outstanding Filipino Retailers and Shopping Centers of the Year Night held recently at the Crowne Plaza in Ortigas.
