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.
04 May
2009
Makro re-branded as SM Hypermart
SM Investments Corp. will soon convert its Makro stores into hypermarkets—outlets combining a supermarket and a department store—because the concept of wholesale buying no longer appeals to consumers, an official said yesterday.
04 May
2009
SM to open 6 supermarkets
THE SM group is further beefing up its food retail operations as it announced plans to open six SM Hypermarkets this year.
04 May
2009
SM bullish on retail sales; Opens new Naga mall
SHOPPING MALL giant SM Prime Holdings, Inc. on Friday opened its 34th mall in Naga City, the first SM mall in the Bicol region and also the first new mall to be opened this year by the country’s richest man, Henry Sy.
02 May
2009
SM opens 34th mall
Shopping mall giant SM Prime Holdings, Inc. opened Friday a mall in Naga City, the first SM mall in the Bicol region and also the first new mall to be opened this year by Henry Sy, the country’s richest man.
29 Apr
2009
SM Prime eyes 3 malls in China
SM Prime Holdings Inc. has earmarked P5.5 billion to finance the construction of three more shopping malls in China.
29 Apr
2009
SM Prime eyes 3 malls in China; Q1 profit seen up 15%
Mall developer SM Prime Holdings Inc. (SM Prime) has allocated P12 billion in capital expenditures for the year, with focus on the construction of four new malls locally and laying the groundwork for three new malls in China on top of the three malls earlier acquired.
29 Apr
2009
Philippine mall operator to spend 250 mln USD on expansion
Mall developer SM Prime Holdings Inc. (SM Prime) has allocated P12 billion in capital expenditures for the year, with focus on the construction of four new malls locally and laying the groundwork for three new malls in China on top of the three malls earlier acquired.
29 Apr
2009
SM Prime boosts capex despite crisis
Even with the economic downturn, SM Prime Holdings Inc. is not slowing down on capital spending as it earmarks P12 billion for expansion in the Philippines and China this year.
29 Apr
2009
SM Prime allots capital outlay for RP, China malls
MANILA, Philippines – Sy-owned SM Prime Holdings Inc., the country’s largest owner and operator of malls, is planning to spend some P12 billion in capital expenditures this year for the construction of malls in the Philippines and in China.
29 Apr
2009
Likely grew by double-digits in first quarter, SM to open three more malls in China
THE Philippines’ biggest mall operator announced on Tuesday that it will open three malls in China starting this year until 2012, adding it expects double-digit growth in revenues at in the first quarter.