15 Nov
2024
SM Prime Expands to New Markets with SM Residences
(November 14, 2024, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, is undertaking a strategic reformat and expansion of
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.
Stories
17 Nov
2009
SM to build new malls in RP, China next year
THE holding company of the SM group said it plans to build five more malls in the Philippines and one in China next year as it is poised to enter a new growth cycle led by the retail and property businesses. In a briefing, Cora Guidote, SM Investments Corp. (SMIC) vice president for investor relations, said the conglomerate will build new malls in Calamba, Laguna; Novaliches, Quezon City; Tarlac; Masinag in Antipolo City; and San Pablo, Laguna and one in China.
17 Nov
2009
SM Prime plans to build 10 malls in China in 5 yrs.
SM Prime Holdings Inc., the mall developer of the SM Group, is eyeing a total of 10 SM supermalls in China in the next five years to contribute 10 percent of its revenues from the present 2 to 3 percent.
17 Nov
2009
Retail, property businesses prop up SMIC 9-month earnings
MANILA – Earnings of SM Investments Corp. (SMIC), the holding firm of mall magnate Henry Sy, grew 14.3% in the first 9 months of the year, fueled by the strong performance of its retail and property businesses.
17 Nov
2009
Mall and banking group to invest P211B up to 2014
Sy-led SM Investments Corp. (SMIC) is confident the local economy will continue to remain robust in the next five years, disclosing yesterday that it plans to invest as much as P211 billion until 2014.
17 Nov
2009
SMIC earmarks P40.6B for 2010 projects; Jan.-Sept. profit up 14% to P10.8B
SM INVESTMENTS CORP. said Monday it was planning to invest P40.6 billion more in its retail, shopping malls, property, and hotel and entertainment businesses next year.
17 Nov
2009
SM Investments Expects to Post Record Annual Profit
Nov. 16 (Bloomberg) — SM Investments Corp., the holding company of Philippine billionaire Henry Sy, will post a record profit this year as its retail, property, shopping mall and bank units grabbed market share amidst a slowing economy.
17 Nov
2009
SMIC sets massive P211-billion capex over 5 years
MANILA, Philippines – SM Investments Corp. (SMIC), the investment holding firm of the Sy family, has set a massive capital expenditure program worth P211.32 billion over five years to take advantage of a global economic recovery as well as emerging business opportunities.
17 Nov
2009
SM Group sets 2010 capex budget at P41B
THE holding company of the SM Group is planning to increase next year’s spending by more than half as it forges ahead with a five-year plan to double profits to over P30 billion.
12 Nov
2009
The World’s Five Most Shocking Malls
Amusement parks, ice-skating rinks, wave pools, and IMAX theatres—believe it or not, these are all found inside of select malls around the world. And although many know of Minnesota’s Mall of America, which continues to be a popular road trip destination, the shopping centers that beat it in both size and attractions require an international voyage.
12 Nov
2009
SM offers to pay P50 million advance taxes
CEBU, Philippines – The management of SM Prime Holdings Inc. has offered the Cebu City government an advance tax payment of P50 million on condition that the money would be spent for the development of areas surrounding its mall.
