SM Prime Holdings Inc., the country’s largest integrated property company, said Monday core net income climbed 12 percent in the first quarter to P5.8 billion, driven by the strong performance of mall business and steady contributions from office and residential units.

Property heavyweight SM Prime Holdings Inc. said core net income grew by 12 percent in the first quarter of the year to P5.8 billion from the P5.2 billion in the same quarter last year, driven by strong revenue from mall operations.

Shares opened lower on Monday, tracking seven straight days of losses, as concerns over presidential elections next week kept investors on the sidelines.

MANILA, Philippines – SM Investments Corp. (SMIC), the country’s largest conglomerate, has reported significant progress in its sustainability practices which involves its operations, social development programs and environmental conservation efforts.

SM Investments Corporation (SM) gave its shareholders a sneak peek of landmark Conrad Manila after it held its annual stockholders’ meeting on Thursday at the iconic hotel at the Mall of Asia Complex.

For 64-year-old pedicab driver Rogelio Palma Consalida, Nov. 8, 2013 is one date he will never forget for the rest of his life. It was when supertyphoon “Yolanda” made land fall in his hometown of Tacloban City in Leyte, and in just an hour he had lost all his possessions which took him several decades to build.

At least three bands have confirmed their Manila playing dates in the coming months.

WHEN she gave the inspirational talk at the launch of the Hotel Sales and Marketing Association’s (HSMA) 2nd Virtus Awards, Peggy Angeles spoke from the heart and generously shared her story with budding marketers of the industry.

DID you read the news in the national papers? The SM Group plans to build a major structure in Calamba, Laguna. No, it’s not the Sy family’s usual business. It’s not a mall, cinema or grocery.