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.
15 Oct
2024
Celebrating Super Citizens during Elderly Filipino Week 2024 at SM
As part of its Elderly Filipino Week 2024 celebrations, SM Cares, together with the National Commission of Senior Citizens (NCSC) and the SM Super Grannies Club, hosted a series 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.
