08 Mar
2024
SMX Convention Center Manila Wins the World MICE Awards for 2023 Philippines’ Best Convention Center
SMX Convention Center Manila has once again emerged as the Philippines’ Best Convention Center during the recently concluded World MICE Awards. After being recognized at the ASEAN Tourism Standards Awards
27 Feb
2024
SM Prime Invests in Future Sustainability Leaders with Scholarship Program
Inspired by the late Henry Sy Sr.’s belief in the power of education and driven by their commitment to sustainability, leading integrated property developer SM Prime Holdings, Inc. (SM Prime)
19 Feb
2024
SM Prime’s Net Income Up by 33% in FY2023
(19 February 2024, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, posted a PHP40.0 billion consolidated net income in 2023, 33%
15 Feb
2024
SM Hotels and Conventions Corp. Appoints Senior Vice President for Operations
SM Hotels and Conventions Corp. (SMHCC) announces the appointment of Ms. Catherine H. Nepomuceno as Senior Vice President for Operations. Cathy is a veteran in the hospitality industry with over
12 Feb
2024
SM & ASP Champion Change for an #AutismOKPH Future
The Autism Society Philippines (ASP) and SM Cares, in partnership with the National Council on Disability Affairs celebrated National Autism Consciousness Week with the AOK Pilipinas Live 2024, a live
12 Feb
2024
Fueling The Future: SM Prime Unveils Groundbreaking Waste-To-Fuel Partnership
SM Prime has entered a joint venture with GUUN Co. Ltd (GUUN), with SM Prime holding 70% of the equity of the Philippine joint venture company. GUUN Co. Ltd is
06 Feb
2024
SMX Convention Center Manila Recognized At The Asean Tourism Standards Awards
SMX Convention Center Manila has established its name in the MICE industry not only in the Philippines but also in Southeast Asia as it received the Association of Southeast Asian
26 Jan
2024
Lanson Place Mall of Asia, Manila Unveils 10 Ways to Enjoy the Newly Opened CYAN Modern Kitchen
CYAN Modern Kitchen opens 2024 with a plethora of flavours. From Hong Kong inspired dishes, authentic, Indian cuisine, curated charcuterie boards, to an interactive grilling station, the innovative open kitchen
24 Jan
2024
SMX Convention Center Clark And Olongapo Win Honors at The Department of Tourism Region 3 – TRES Awards
SMX Convention Center Clark and Olongapo bagged multiple awards at the recently concluded Department of Tourism Region 3 – Tourism Recognition for Enterprises and Stakeholders (TRES) Awards that took place
23 Jan
2024
SM Skating’s ‘Ice Castles’ and ‘Cool Runnings’ Dreams
As films like “Ice Castles” and “Cool Runnings” have shown us, no individual aspiration, no team goal, is too far-fetched or ridiculous to dream for. SM Skating knows this all
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.
