21 Feb
2022
SM Prime’s Net Income Reported PHP21.8 Billion in 2021
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a PHP6.2 billion consolidated net income in the fourth quarter of 2021. The Company’s consolidated revenues registered PHP25.5 billion, which is 20% higher from PHP21.2 billion in the same period being reviewed. Likewise, consolidated operating income increased by 67% to PHP10.8 billion in the fourth quarter of 2021 from PHP6.5 billion in 2020.
07 Feb
2022
Horizon Terraces Garden Villas: In-Demand Flexible Homes with Picturesque Views
Lush naturescapes have often been taken for granted for their sheer accessibility. That is, until a pandemic kept most Filipinos cloistered at home for two years and are now yearning to reconnect with nature. With studies showing that appreciating beautiful nature views promotes better mental health and a more positive outlook in life, property seekers are manifesting a growing preference for flexible homes with their own garden or ample backyard space.
04 Jan
2022
Tagaytay Highlands’ 2022 Outlook Bullish, Buoyed by DHSUD Award
Tagaytay Highlands ushers in the New Year with a special recognition from the Department of Human Settlements and Urban Development (DHSUD) hailing its developer Highlands Prime, Inc. (HPI), a subsidiary of SM Prime Holdings, as one of CALABARZON’s 2021 Outstanding Developers for Open Market Projects.
20 Dec
2021
SMX Convention Center Named Best Convention Center in The Philippines
SMX Convention Center Manila was recently named by World M.I.C.E Awards as the Best Convention Center in the Philippines for 2021. World M.I.C.E. Awards is an annual citation to honor the outstanding leaders in the M.I.C.E. (Meetings, Incentives, Conferences and Exhibitions) industry.
09 Dec
2021
Finding refuge amidst nature in Hamilo Coast
With the onset of COVID-19, Filipinos and the rest of the world have had to deal with an unprecedented upheaval in their lives: lockdown. Being confined in one’s home for an uncertain duration, with limited movement and access, required drastic adjustment, with some people inevitably experiencing higher levels of anxiety.
01 Dec
2021
Horizon Terraces Garden Suites: Come Home for Christmas Amid Nature Views
Dreaming of a green Christmas with the grandeur of nature in full view? You probably are if a nasty virus had you cloistered in a high-density condo or residential district in the congested metro for nearly two years. Now, all you want for Christmas is a place of your own surrounded by plentiful open green spaces that meet the World Health Organization’s (WHO) standards for adequate exposure to nature and opportunities for outdoor activities.
27 Nov
2021
A Season of Joy and Hope at Pico de Loro Cove
27 November 2021, Nasugbu, Batangas City Philippines– Pico de Loro Cove welcomes the holiday season with a Christmas Tree Lighting ceremony led by SM Hotels and Conventions Corp. President Ms.
24 Nov
2021
SM City Grand Central: SM Prime’s Newest Mall Destination in Metro Manila
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is scheduled to open SM City Grand Central on November 26th, Friday. This latest development will add more than 116,000 sqm of gross floor area (GFA) in the Company’s mall portfolio providing six levels of retail spaces meant for a whole new level of shopping, dining, entertainment and recreational experiences in the City of Caloocan.
24 Nov
2021
Park Inn by Radisson Bacolod Welcomed the Holiday Season with its Newly-Opened Art Gallery and Tree Lighting Ceremony
Park Inn by Radisson Bacolod, the new and vibrant upper midscale hotel in the City of Smiles, formalized its opening through a festive welcome of the holiday season.
23 Nov
2021
SMX Meetings: Small in Scale, Great in Value
SMX Convention Center (SMXCC), the leading convention center in the country, remains committed to adapting to the market’s evolving needs in light of the pandemic. As such, customized small meeting packages suitable for mid-year and budget planning sessions have been made available, without compromising guests’ safety and while abiding by #SMXsafespaces protocols.
07 May
2009
SM marks new milestone with 100 stores, and counting
SM Investments Corp. (SMIC), the holding firm for all the investments of the Sy group, said on Wednesday its retail network has grown to 100 stores, reaching another milestone in its 51 years of history.
07 May
2009
SM Naga opening brings retail giant’s network to 100
SM INVESTMENTS Corp.’s (SMIC) retail business has hit the century mark, with the Sy-owned holding firm opening its 100th establishment last week.
07 May
2009
The SM magic
The inauguration on April 30 of SM City Naga, 450 km south of Manila, ran true to form. The blessing started on time, VIPs were in attendance, and the mall was 85-percent occupied by locators.
06 May
2009
First SM mall in Bicol opens in Naga
SM City Naga, SM Prime’s Holding’s 34th super mall, envisions to be one of the landmarks in the city, known for its eminence in trade, commerce, education and government services.
06 May
2009
Prime posts 7% jump in Q1 net income
SM Prime Holdings Inc., the country’s leading mall developer, reported Tuesday a 7 percent jump in net income during the first quarter of the year on higher rental revenues.
06 May
2009
Mall owner SM Prime reports rise in profits amid downturn
MANILA, Philippines – SM Prime Holdings Inc., the country’s largest owner and operator of shopping malls, said it sustained the growth in its bottomline in the first three months of the year amid the global downturn perceived to dampen spending.
06 May
2009
SM Prime posts 7% income growth in first quarter
MANILA, Philippines – SM Prime Holdings Inc., the country’s largest shopping mall developer and operator, reported a seven-percent rise in its consolidated net earnings in the first three months this year, driven by steady growth in leasing operations.
06 May
2009
SM Prime posts 7% profit hike
DESPITE earlier anticipation that the global financial turmoil could lead to reduced consumer spending, mall developer SM Prime Holdings Inc. (SMPH) posted a 7-percent increase in net profit at the end of the first quarter to P1.7 billion.
06 May
2009
Operator of SM malls keeps growth pace, cites expansion
SY-LED MALL operator SM Prime Holdings, Inc. sustained its growth during the first quarter, buoyed mainly by higher rental fees from newly opened malls.
06 May
2009
Expansion lifts SM Prime’s first quarter net
DESPITE the curren t economic slowdown, the Philippines’ biggest mall operator announced Tuesday that its net income grew in the first quarter of the year. In a statement, SM Prime Holdings Inc. reported a 7-percent increase in its profits to P1.7 billion at end-March from P1.6.billion in the same three-month period last year.