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.
15 Nov
2021
SM Prime Holds Virtual Listing Ceremony for Retail Bond Series O
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, holds a virtual listing ceremony for its latest Retail Bond Series O offering PHP10 billion.
09 Nov
2021
SM Hotels Brings Back its Sought-After Online GC Sale in Time for the Holidays
SM Hotel’s online GC Sale returns with even more tempting offers for a well-deserved holiday staycation. Backed-up by uncompromising safety standards through the SustainablySafe Program, SM Hotel properties across the Philippine archipelago look forward to welcoming families and friends once again and indulge in a much-anticipated getaway.
08 Nov
2021
SM Prime 9M21 Net Income Up by 9%; Reservation Sales Increases by 14%
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a 9% increase in consolidated net income to PHP 15.6 billion in the first nine months of 2021 from PHP14.4 billion in the same period last year. Consolidated revenue recorded PHP56.8 billion, 6% lower from PHP60.7 billion in the same period being reviewed.
08 Nov
2021
SM Prime supports the Task Force on Climate-related Disclosures
SM Prime Holdings, Inc. (SM Prime) joins more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures.
03 Nov
2021
Tagaytay Highlands bares hopes for gladder tidings this Yuletide
It’s beginning to look a lot like Christmas at Tagaytay Highlands, with its homeowners getting all psyched up for the most wonderful time of the year. For one, while precautionary measures remain in place in the premier mountain resort community, it has its holiday agenda all mapped out to ensure that residents’ Yuletide celebrations will be merry and bright.
03 Nov
2021
Ten Outstanding Local Governance Units honored in Galing Pook Awards 2021
Ten outstanding local governance programs from different cities, municipalities, and provinces across the country were recognized in the 2021 Galing Pook Awards.
29 Oct
2021
SM Prime Issues Interest Rate for Retail Bond Series O
SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series O, 7-year retail bond at 5.0994 per cent due on 2028.
20 Oct
2021
SM Supermalls, ARISE Philippines and Korean Embassy celebrate International Day for Disaster Risk Reduction
SM Supermalls, in partnership with the Embassy of the Republic of Korea in the Philippines and ARISE Private Sector Alliance for Disaster Resilient Societies – Philippines, hosted a webinar last October 13 on disaster risk reduction (DRR) in celebration of the International Day for Disaster Risk Reduction.
Stories
17 Nov
2009
SM to build new malls in RP, China next year
THE holding company of the SM group said it plans to build five more malls in the Philippines and one in China next year as it is poised to enter a new growth cycle led by the retail and property businesses. In a briefing, Cora Guidote, SM Investments Corp. (SMIC) vice president for investor relations, said the conglomerate will build new malls in Calamba, Laguna; Novaliches, Quezon City; Tarlac; Masinag in Antipolo City; and San Pablo, Laguna and one in China.
17 Nov
2009
SM Prime plans to build 10 malls in China in 5 yrs.
SM Prime Holdings Inc., the mall developer of the SM Group, is eyeing a total of 10 SM supermalls in China in the next five years to contribute 10 percent of its revenues from the present 2 to 3 percent.
17 Nov
2009
Retail, property businesses prop up SMIC 9-month earnings
MANILA – Earnings of SM Investments Corp. (SMIC), the holding firm of mall magnate Henry Sy, grew 14.3% in the first 9 months of the year, fueled by the strong performance of its retail and property businesses.
17 Nov
2009
Mall and banking group to invest P211B up to 2014
Sy-led SM Investments Corp. (SMIC) is confident the local economy will continue to remain robust in the next five years, disclosing yesterday that it plans to invest as much as P211 billion until 2014.
17 Nov
2009
SMIC earmarks P40.6B for 2010 projects; Jan.-Sept. profit up 14% to P10.8B
SM INVESTMENTS CORP. said Monday it was planning to invest P40.6 billion more in its retail, shopping malls, property, and hotel and entertainment businesses next year.
17 Nov
2009
SM Investments Expects to Post Record Annual Profit
Nov. 16 (Bloomberg) — SM Investments Corp., the holding company of Philippine billionaire Henry Sy, will post a record profit this year as its retail, property, shopping mall and bank units grabbed market share amidst a slowing economy.
17 Nov
2009
SMIC sets massive P211-billion capex over 5 years
MANILA, Philippines – SM Investments Corp. (SMIC), the investment holding firm of the Sy family, has set a massive capital expenditure program worth P211.32 billion over five years to take advantage of a global economic recovery as well as emerging business opportunities.
17 Nov
2009
SM Group sets 2010 capex budget at P41B
THE holding company of the SM Group is planning to increase next year’s spending by more than half as it forges ahead with a five-year plan to double profits to over P30 billion.
12 Nov
2009
The World’s Five Most Shocking Malls
Amusement parks, ice-skating rinks, wave pools, and IMAX theatres—believe it or not, these are all found inside of select malls around the world. And although many know of Minnesota’s Mall of America, which continues to be a popular road trip destination, the shopping centers that beat it in both size and attractions require an international voyage.
12 Nov
2009
SM offers to pay P50 million advance taxes
CEBU, Philippines – The management of SM Prime Holdings Inc. has offered the Cebu City government an advance tax payment of P50 million on condition that the money would be spent for the development of areas surrounding its mall.
