17 Dec
2013
The Big Impact of Small Acts of Kindness
SM shoppers filled their shopping carts with extra goods intended for Yolanda survivors. Loyal customers made adjustments in their shopping lists to make room for donations. Most of the items
29 Nov
2013
SM Prime opens SM City BF Paranaque
(28 November 2013. Pasay City, Philippines.) SM Prime Holdings, Inc., the Philippines’ dominant mall developer and operator will redefine the community’s movie experience with the opening of SM City BF
26 Nov
2013
SMDC launches Trees Residences in Quezon City
(26 November 2013. Pasay City, Philippines) SM Development Corporation (SMDC) has launched Trees Residences in Novaliches, Quezon City. Trees Residences promises its residents upscale living and greater convenience at even
20 Nov
2013
SM holds Top Leaders’ Forum: Incentives for Resilient Investment
(20 November 2013. Pasay City, Philippines) SM Prime Holdings, Inc. with the United Nations Office for Disaster Risk Reduction will jointly tackle discussions on increasing private sector resilience through business
04 Nov
2013
SM Prime net income grows 14% to Php8.4 billion
(04 November 2013, Pasay City, Philippines) Shopping mall developer SM Prime Holdings, Inc. reported that its net income grew 14% to Php8.43 billion from Php7.40 billion in the same period
08 Oct
2013
Convenience at Your Doorstep: SMDC Jazz Mall
(8 October 2013. Pasay City, Philippines.) Real estate developer SM Development Corporation (SMDC) recently launched the Jazz Mall, a retail podium built inside the towering Jazz Residences condominium complex in
01 Oct
2013
SMDC Turns Over Units of Light Residences in Mandaluyong to Condo Owners
(1 October 2013. Pasay City, Philippines) SM Development Corp.(SMDC), the residential development arm of the SM Group has started the turnover of units at Tower 1 of Light Residences, a
24 Jul
2013
SM Supermalls Tackle Business Resilience Amid Climate Change in 4th Green Retail Agenda
(24 July 2013. Pasay City, Philippines.) SM Supermalls will tackle business continuity amidst climate change in its annual Green Retail Agenda conference on July 24. The SM Green Retail Agenda
15 Jul
2013
SM Prime Builds Xiamen’s First Solar-Powered Mall
(08 July 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. built a 1.1 Megawatt Rooftop Solar Power Project in its mall, the first of its kind in Xiamen, Fujian Province,
11 Jul
2013
SM Prime Shareholders Approve Merger
(10 July 2013. Pasay City, Philippines.) Shareholders of SM Prime Holdings, Inc. (SM Prime) approved today a merger between the company and SM Land, Inc. which will pave the way for the
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.