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 Sep
2015
The Philippine Star: How EDSA paved the road to SM’s success
The importance and value of EDSA, the acronym for Epifanio de los Santos Avenue, has long been known to entrepreneur Henry Sy, who started investing heavily along the metro’s main highway as early as the 1970s.
18 Sep
2015
Manila Standard: Market extends rally; SM Prime, BDO advance
The stock market extended its gains for a fifth day Thursday ahead of a crucial US interest rate decision.
The Philippine Stock Exchange Index rose 30.07 points, 0.4 percent, to 7,123.99 on a value turnover of P6.8 billion. Gainers overwhelmed losers, 114 to 62, with 37 issues unchanged.
18 Sep
2015
InterAksyon.com: COCKTALES: SM battles Manila’s ‘confiscatory’ tax hike By Victor C. Agustin
The SM Group like many Chinoy businesses is not known for taking City Hall to court, especially when the mayor not only happens to be the former president whose political reach still extends to the Senate and, of course, neighboring San Juan.
18 Sep
2015
Malaya: SM employees share love with the elderly
STAYING true to their commitment to continuously improve their relationship with the communities they serve, as well as strengthening their skills towards community development, SM employees took part in a program that aimed to give love to the elderly.
18 Sep
2015
Manila Bulletin: Hospital Improvements
18 Sep
2015
Manila Bulletin: SM Prime to issue up to P20B retail bonds
SM Prime Holdings, Inc. (SMPH), one of southeast Asia’s largest property developers, is raising up to P20 billion from the issuance of Fixed Rate Peso Retail Bonds with maturities of 5.25 years and 10 years.
18 Sep
2015
Manila Standard: PH real estate on the move as election fever rises
(First of Two Parts) The Philippine real estate industry, and the economy in general, are quietly moving forward despite the distracting backdrop of various politicians jockeying for position as focus on
17 Sep
2015
The Philippine Star: Deutsche Bank, SM Prime, SMF build new school
The partnership of SM Prime Holdings Inc., Deutsche Bank Ag Manila and SM Foundation Inc. has resulted anew in a newly constructed two-storey, four- classroom building complete with chairs, tables, wall fans, computers and a toilet per classroom in Wawang Pulo, Valenzuela.
15 Sep
2015
The Daily Tribune: Hamilo Coast passes EarthCheck standards
In an important milestone, Hamilo Coast, SM Prime’s premier beach resort community in Nasugbu, Batangas was recently conferred the Bronze Benchmarked status through EarthCheck, the world’s leading scientific benchmarking, certification and advisory group for travel and tourism.
15 Sep
2015
Business Mirror: Analysts see more condo units loaded to market
WITH barely three months before the year ends, residential supply remains intact, as delivery of new condominium units continue for the rest of 2015.