19 Mar
2024
Building Tomorrow’s Homes Today: SMDC and Sustainability
SMDC takes its role of helping create a nation of homeowners very seriously SMDC takes its role of helping create a nation of homeowners very seriously. As the Good Guys,
19 Mar
2024
Happy Walk 2024 at SM: Celebrating Inclusivity for our Natatanging Nilalang
Since its inception in 2003, Happy Walk has been synonymous with spreading joy, raising awareness, and fostering inclusivity for individuals with Down Syndrome and their families. What started as a
19 Mar
2024
Time to Shine: Make Your Mark for Earth Hour at SM Malls
Small actions can make a big difference. This year, SM Supermalls invites everyone to #GiveAnHourForEarth by joining millions around the world in the annual Global Lights Switch Off on March
15 Mar
2024
SM SUPERMALLS and BFP Conduct Fire Drill to Commemorate Fire Prevention Month
More than 21k employees, security guards, janitors, other agency personnel, customers, BFP personnel in more than 106 SM malls, offices and properties participated in 3rd SM Supermalls and Bureau of
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
Stories
23 Feb
2009
SM Prime increased ’08 profit by 7% to P6.4b
SM Prime Holdings Inc., the country’s dominant shopping mall developer and operator, reported a 7 percent increase in net income for 2008 to P6.4 billion from P6 billion in 2007.
23 Feb
2009
SM Prime posts 7% profit growth
SM Prime Holdings Inc., the mall developer and operator in the retail tycoon Henry Sy’s SM group, reported a 2008 consolidated net income of P6.4 billion, up seven percent from 2007.
23 Feb
2009
SM Prime posts higher net income of P6.4 billion in 2008
MANILA, Philippines – Shopping mall giant SM Prime Holdings Inc. managed to post a seven-percent increase in profit last year despite a slowing economy and tougher business environment.
23 Feb
2009
SM Prime earns P6.4 B in 2008, up 7%
SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported a 7 percent hike in consolidated net income to P6.4 billion in 2008 from P6.0 billion in 2007.
23 Feb
2009
Business Blitz in China
Vice President Noli ‘Kabayan’ de Castro, also chairman of the Housing and Urban Dvelopment Coordinating Council (HUDCC), leads the groundbreaking (upper photo) in Xiamen for the Eton Center, developed by the Eton Properties Xiamen Ltd., which is managed by the Lucio Tan Group of Companies.
21 Feb
2009
SM City Annex: The mall that started it all
The new 92,832-sqm., six-level Annex at SM City North EDSA is located on the site of the old Annex building.
20 Feb
2009
New malls boost SM Prime’s earnings
Retail giant SM Prime Holdings Inc. reported that its earnings in 2008 rose by single-digits, boosted by higher rental revenues coming from new malls.
20 Feb
2009
SM Prime profit growth slows even with more malls, expansion
THE Philippines’ biggest mall operator announced on Thursday that its full-year profit grew on the back of its mall expansion despite a slowing economy.
20 Feb
2009
SM Prime posts net income hike
PROFITS OF listed mall developer SM Prime Holdings, Inc. went up by almost 7% last year as revenues climbed by over a tenth, with consumers continuing to flock to malls despite a difficult economic situation, the company said in a statement yesterday.
19 Feb
2009
SBP, SM Malls sign youth 3-on-3 accord
MANILA, Philippines – The Samahang Basketbol ng Pilipinas (SBP) yesterday linked up with SM Supermalls in its nationwide search for young talents who could be given the chance to compete in the World Youth Games in July and the World Youth Olympics in 2010.
