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.
13 Oct
2021
SM Prime to Open New Mall in Daet, Camarines Norte
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will open SM City Daet on Friday, October 15th, its newest and first mall in the Province of Camarines Norte. This is also the Company’s third mall in the Bicol Region, which will add 47,000 square meters (sqm.) of gross floor area (GFA) in its mall portfolio.
11 Oct
2021
Pico Sands Hotel Donates Vaccines
Inspired by the spirit of unity and camaraderie in the midst of adversity, Pico de Loro Beach and Country Club and Pico Sands Hotel donated 200 doses of AstraZeneca COVID-19 vaccines to the Rural Health Unit of Nasugbu, Batangas last October 4, 2021. In the same way the properties ensure that the staff have secure and comfortable access to vaccines, they likewise endeavor to extend a helping hand to all those in need through actionable programs. Certainly, though the pandemic has posed incredible challenges, everyone remains headstrong in its wake, in part thanks to the support of loved ones and the community.
01 Oct
2021
SM Prime Targets to Minimize Operations’ Carbon Footprint Through Enhanced Sustainability Program
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, sets a new milestone in its sustainability program as the Company commits to expand its energy source portfolio gearing towards clean energy across all of its business segments over the medium term.
01 Oct
2021
Hamilo Coast Safeguards Its Marine Biodiversity
In line with its core emphasis on sustainable tourism and environmentally conscious living, Costa Del Hamilo, Inc. (CDHI), a leader in the leisure resort industry and the movers behind Hamilo Coast in Nasugbu, Batangas, recently completed a Marine Protected Area (MPA) assessment. The sites targeted were three of 12 coves in the property, established as MPAs for CDHI’s Sustainable Development Project, implemented from 2017 to 2019.
18 Nov
2008
SM Prime says debts to fund 2009 capex
SHOPPING mall operator SM Prime Holdings Inc. (SMPH) may have to tap borrowings to fund next year’s expansion program to be implemented here and in China. In an interview, executive
17 Nov
2008
SM Prime allots P10B for capex
Amid a global economic downturn, shopping mall giant SM Prime Holdings Inc. will pursue its expansion program, with a capital budget of P10 billion set for next year. SM Prime
17 Nov
2008
SM Prime Climb in Manila on Philippine Economic Outlook
Philippine Long Distance Telephone Co. and SM Prime Holdings Inc. rose the most in at least two weeks in Manila after a newspaper report, citing the Asian Development Bank, said
12 Nov
2008
Conference on green design initiatives
The SM Supermalls recently held a conference on Sustainability, Energy, and Green Design Initiatives at the SMX Convention Center. Spearheaded by the SM Supermalls’ Environment Committee, the conference was aimed
12 Nov
2008
SM Prime’s 3rd-Quarter Profit Rises on Additional Mall Space
SM Prime Holdings Inc., the largest Philippine shopping mall operator, said third-quarter profit rose after acquiring malls in China and increasing the space it leases to tenants such as McDonald’s
12 Nov
2008
SM Prime Profit Rises 9% on Leases to McDonald’s, Starbucks
SM Prime Holdings Inc., the largest Philippine shopping mall operator, said nine-month profit rose 9 percent after increasing the space it leases to tenants such as McDonald’s Corp. and Starbucks
12 Nov
2008
SM Prime 3Q Net Up 8.2% On Higher Revenue From Malls
SM Prime Holdings Inc. (SMPH.PH) Tuesday said net profit in the third quarter rose 8.2% on year, lifted by increased revenue from the steady expansion of its shopping mall network
12 Nov
2008
SM Prime posts P4.7-B profit in first nine months, up by 9%
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, posted a 9 percent growth in consolidated net income to P4.7 billion in January to September 2008 over
12 Nov
2008
SM Prime profit growth slowed on higher operating costs
THE Philippines’ biggest mall developer and operator disclosed on Tuesday that its profit for the first nine months climbed at a slower pace than last year. SM Prime Holdings Inc.
12 Nov
2008
New malls boost SM Prime earnings by 9%
Shopping mall giant SM Prime Holdings Inc. said its net earnings grew nine percent in the first nine months of the year with the entry of new malls and the