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.
03 Apr
2009
SM Prime raises P5B from notes
MALL OPERATOR SM Prime Holdings, Inc. raised P5 billion from fixed-rate notes yesterday to fund capital expenditures.
03 Apr
2009
Investors flock to SM Prime debt paper sale amid crisis
THE Philippines’ biggest mall owner and operator said its debt paper issuance was oversubscribed despite the volatile market.
02 Apr
2009
SM mall holds ‘green’ conference in Bulacan
MARILAO, Bulacan-The SM malls in Valenzuela, Baliwag arid Marilao yesterday spearheaded a ‘green conference’ for environmental protection dubbed as ‘Green Retail Agenda: Shaping the Future,’ at the Cinema 2 of SM City Marilao.
02 Apr
2009
SM Prime reports 7% increase in net income to P6.4-B in 2008
SM Prime Holdings, Inc., the country’s leading shopping mall developer and operator, reported a seven percent improvement in net income last year to P6.41 billion from P5.97 billion in 2007 due to the opening of new malls.
02 Apr
2009
SM Prime Holdings, Inc. successfully completes Php 5.0B Floating and Fixed Rate Notes Facility
02 April 2009, Manila, Philippines) SM Prime Holdings, Inc. is pleased to announce the successful completion of its Php 5,000,000,000 Floating and Fixed Rate Notes Facility. The deal was arranged by BDO Capital & Investment Corporation with PNB Capital & Investment Corporation acting as co-lead arranger. The proceeds will be used to fund on-going capital expenditures and for general corporate requirements.
26 Mar
2009
SM City Rosales to open ‘Pick and Pay’ garden
THE Gulayan sa SM City Rosales is launching a Pick and Pay marketing concept, a joint project of the SM City Rosales Mall management, SM Hypermart and Supermarket, SM Foundation Inc. and Harbest Agribusiness Corp., which aims to develop an urban garden area as a showcase for vegetable gardening.
25 Mar
2009
SM Group to Open 8 China Malls by 2010
Philippines-based shopping mall chain SM Prime Holdings (SMPH.PSE), a subsidiary of SM Investments Corporation (SM.PSE), plans to open at least eight shopping malls in China by 2010, reports Soufun.com.
25 Mar
2009
SM Pulls Out Samuya Food Products
MANILA, Philippines – The SM Food Retail Group has pulled out the food products of Samuya Food Manufacturing, Inc. after the Bureau of Food and Drugs (BFAD) suspended the firm’s license.
25 Mar
2009
SM posts slight hike in movie ticket sales
SM Prime Holdings Inc., which owns 33 SM malls nationwide, said ticket sales of its movie houses slightly increased 0.326 percent—or P6 million—to P1.849 billion in 2008 from P1.843 billion in 2007. It attributed the small increase to the fewer movies shown and the lack of blockbuster pictures last year.
23 Mar
2009
SMPH pushes expansion in China
Despite the ongoing global economic slump, the Philippines’ largest shopping mall developer, SM Prime Holdings Inc. (SMPH), intends to continue its expansion across China and the Philippines in the coming year, SMPH President Hans Sy said.