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 Aug
2020
Philippine Builder Posts Decade-Low Profit as Virus Hurts Malls
(Bloomberg) — SM Prime Holdings Inc., the Philippines’ largest property company, posted its lowest quarterly profit in a decade in the three months to June as the pandemic strangled foot
04 Aug
2020
COVID-19 impact: SM Prime faces gloom as H1 profit falls 46%
Integrated property developer SM Prime Holdings Inc. of the Sy family, reported a 46% decline in its first half earnings to P10.4 billion, ravaged by store closures and coronavirus lockdown
04 Aug
2020
SM Prime income plunges in H1 due to mall closures
SM Prime Holdings Inc., which is known for its shopping mall operations, said its income declined by 46 percent in the first half, as the lockdown implemented by the government
04 Aug
2020
SM Prime Reports Steep 46% Drop in Net Income in First Half of 2020
SM Prime Holdings, Inc., the property arm of the SM Group, reported a consolidated net income of P10.4 billion in the first half of 2020, down 46 percent from P19.3
04 Aug
2020
SM Prime incurs 46% drop in H1 net income
MANILA, Philippines — SM Prime Holdings Inc. (SM Prime), the Sy-owned property developer, posted a first half net income of P10.4 billion, down 46 percent. This as revenue weakened because
04 Aug
2020
SMDC extends a lifeline to residents displaced by the pandemic
FOR 15 years, she rode the waves, making sure passengers were happily cruising the seas, docking from city to city in Asia, Europe and America. For more than half a
04 Aug
2020
SM Cinema Drive-In launch at SM City Pampanga
SM Cinema recently launched a new way of watching movies while practicing IATF safety protocols with its Drive-In Movies at Sundown at the SM City Pampanga Amphitheater. Its opening film Peninsula, the
04 Aug
2020
FAQS: SM Supermalls on MECQ
Is SM Supermalls ready for MECQ? Yes, SM Supermalls is very prepared for MECQ as we have created many ways our customers can shop for essentials, even from their car
04 Aug
2020
SM Pampanga opens drive-in theater in midst of pandemic
IN THE late 1940s until the 1960s, drive-in cinemas abounded in the US as more and more people were able to buy vehicles. Decades later, the proliferation of TV, cable,
04 Aug
2020
SM Cinema drive in launched at SM City Pampanga
SM CINEMA DRIVE IN AT SM CITY PAMPANGA. Young couple Kyle Decampong and Nina Malveda travelled all the way from Metro Manila to experience SM Cinema’s Drive-In Movies at Sundown at