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.
26 May
2008
SEC approves SM Prime Holdings’ acquisition of China malls
THE country’s largest mall owner and operator told the Philippine Stock Exchange that the Securities and Exchange Commission has given its nod to the acquisition of the China malls owned
23 May
2008
SMPH gets SEC exemption
The Securities and Exchange Commission (SEC) has given Sy-controlled SM Prime Holdings, Inc. an exemptive relief, allowing the country’s leading mall operator and developer’s issuance of 912.89 million shares be
23 May
2008
SEC okays SM buyout of 3 Chinese malls
The Securities and Exchange Commission (SEC) has approved the acquisition by SM Prime Holdings Inc. of three malls in China through a share swap. In a disclosure to the Philippine
23 May
2008
SM Prime share swap gets SEC approval
THE Securities and Exchange Commission has approved SM Prime Holding’s proposed issuance of 912.89 million common shares to the two holding companies owned by the Sy family in exchange for
23 May
2008
SM’s China mall deal gets SEC nod
MALL OPERATOR SM PRIME HOLDINGS Inc. of tycoon Henry Sy has received the green light from the Securities and Exchange Commission (SEC) to acquire Sy-owned malls in China through a
22 May
2008
Filipinos flock to supersize malls
Filipinos flock to supersize malls: In spite of its low income levels.The Philippines is home to 4 of the world’s 11 largest shopping malls The SM Mall of Asia in
12 May
2008
Authority gives nod to SM North Annex station
SM Prime Holdings Inc. and state-run Light Rail Transit Authority (LRTA) are finalizing an agreement for the construction of an additional station for the Light Rail Transit Line 1 (LRT
08 May
2008
SM Prime profit growth slows amid high inflation
THE Philippines’ largest mall owner and operator announced that its first-quarter profit rose at a slower pace this year. In a statement, SM Prime Holdings (SMPH) said its net income
08 May
2008
SM Prime profit up 7% in Q1
Shopping mall giant SM Prime Holdings Inc. reported a seven-percent growth in net earnings to P1.6 billion from January to March this year on higher revenues from lease operations. In
08 May
2008
Philippines’ SM Prime Holdings Q1 net profit up 7 percent on higher revenue
The Philippines’ biggest mall developer SM Prime Holdings Inc. said its net profit in the first quarter rose 7 percent to 1.6 billion pesos (US$ 38 million) from a year