13 Sep
2024
SM Supermalls Powers Up Sustainability with Expanded Electric Vehicle Charging Network
SM Supermalls, a leading Philippine mall operator, reinforces its commitment to sustainability by significantly expanding its Electric Vehicle Charging Station (EVCS) network. With the completion of stations at SM City
12 Sep
2024
SM Hotels and Conventions Corp. (SMHCC) Works with Technical Inspection Association Rheinland for its Food & Safety Hygiene (FSH) Policies
SMHCC collaborated with TUV Rheinland, (Technischer Überwachungsverein or Technical Inspection Association), one of the world’s leading testing service providers in the review of SMHCC’s FSH guidelines, upholding the company’s commitment
11 Sep
2024
National Resilience Council Foundation Elects Board and Kicks off with Expert-led Risk Governance
The National Resilience Council (NRC) Foundation, Inc. held its inaugural meeting and elected Board officers on September 2, 2024, at the SM Prime Headquarters in Pasay City. SM Prime’s Hans
06 Sep
2024
PRC Engineering Board, IIEE, and SM Prime Collaborate on Rooftop Solar PV Compliance
The Professional Regulation Commission (PRC) Board of Electrical Engineering (BEE) and the Institute of Electrical Engineers of the Philippines (IIEE) collaborated with SM Prime Holdings, Inc. (SM Prime) to study improvements
04 Sep
2024
SM City Baguio’s Rainwater Treatment Facility: A Model for Water Sustainability
SM City Baguio is making significant strides in water stewardship with its innovative rainwater treatment facility (RTF), launched in July 2023. In the months since, the facility has already processed
30 Aug
2024
SM Prime Scores Big at the 14th Asian Excellence Award
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, received awards at the 14th Asian Excellence Award by Corporate Governance Asia, held in
23 Aug
2024
Book Nook Expands Horizons with New Branch at The Podium
In a celebratory atmosphere brimming with literary enthusiasm and community spirit, the Book Nook launched its second branch at the fifth level of The Podium on August 15, 2024. Building
22 Aug
2024
Double Recognition for SM Supermalls at HR Asia Awards
SM Supermalls scored a double win at the 2024 HR Asia Awards held last Friday, August 16. Recognized as both a ‘Best Company to Work For’ for the second consecutive
22 Aug
2024
Highlands Residences’ Ochre Tower: Everyday adventures at Tagaytay Highlands
Tagaytay Highlands stands as the pinnacle of exclusive residential living in the Philippines, renowned for its signature log cabins and sweeping mountain views, all set against a backdrop of cool,
21 Aug
2024
Embracing Net Zero: The Philippines’ Urgent Call to Climate Action
As we enter the typhoon season, recent extreme weather events have once again underscored the Philippines’ vulnerability to such conditions. As the nation grapples with the potential aftermath, it is
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.
