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.
09 Aug
2017
Philippine Daily Inquirer: Life-sized replica of 18th-century galleon to be built
What better way to mark the 50th anniversary of the Association of Southeast Asian Nations (Asean) than to unveil an initiative that will see the rise of a life-sized replica
08 Aug
2017
Business World: Provincial malls lift SM Prime Q2 profit
SM PRIME Holdings, Inc. grew its earnings by 15% in the second quarter of 2017, as it starts to reap the benefits of establishing more malls in the provinces. Read
08 Aug
2017
Philippine Daily Inquirer: SM Prime nets P14.4B
Sy family-led property giant SM Prime Holdings grew its first semester net profit by 14 percent year-on-year to P14.39 billion on higher earnings from its shopping mall and residential development
08 Aug
2017
The Manila Times: SM Prime H1 net income up 14% at P14.4B 0
Provincial malls, housing projects drive profits PROPERTY developer SM Prime Holdings, Inc.’s net income for the first half of the year jumped by 14 percent on the back of strong
08 Aug
2017
Manila Bulletin: Preparing for the worse
SM breaks a new record as 63 SM malls nationwide, together with SM residences and office buildings, participated in the 2017 National Earthquake Drill of the National Disaster Risk Reduction
08 Aug
2017
Business Mirror: Manila-Acapulco Galleon Museum rises in SM MOA
SAYING the Philippines has come full circle in being recognized as a hub for maritime trade reaching most of the world, former Senate President Edgardo J. Angara on Monday night
08 Aug
2017
SunStar: SM malls celebrate National Disability Week
SM Supermalls in Cebu were one with the community in celebrating the 39th National Disability Prevention and Rehabilitation Week last July 17 to 23. Read more here: http://www.sunstar.com.ph/cebu/local-news/2017/08/08/sm-malls-celebrate-national-disability-week-557367
07 Aug
2017
SunStar: SM Prime’s Net Income up 14% in first SEM
SM Prime Holdings Inc. reported first half net income of P14.39 billion, up 14 percent from P12.59 billion in the same period last year. Read more here: http://www.sunstar.com.ph/cebu/business/2017/08/07/sm-primes-net-income-14-first-sem-557221
07 Aug
2017
Rappler.com: Mall operations continue to drive SM Prime’s net income
The additional 1.1 million square meters of retail space from new malls as well as expansions between 2015 and 2017 drive growth in SM Prime’s mall rentals. Read more here: http://www.rappler.com/business/177963-sm-prime-net-income-q2-2017
07 Aug
2017
Business Mirror: SM Prime’s bottom line jumps by 15% in 1st half
SM Prime Holdings Inc., operator of a chain of eponymous shopping malls, said its income grew 14 percent during the first half of the year to P14.39 billion, from P12.59