02 Oct
2014
SM Prime China Malls Cited for Three Awards in China
(02 October 2014. Pasay City, Philippines.) Property conglomerate SM Prime Holdings, Inc. clinched three major awards recognizing the company’s malls in China. The 12th Annual Conference of Mall China International Symposium hosted by
01 Oct
2014
More E-com Centers on the Rise at Mall of Asia Complex
(26 September 2014, Pasay City, Philippines) Leading property developer SM Prime Holdings, Inc. has broken ground today for its newest landmark, ThreeE-com Center, the latest project of the company’s Commercial
23 Sep
2014
Michael Martinez Places in Lombardia Trophy
(23 September 2014, Pasay City, Philippines) Philippine Olympian Michael Martinez placed 6th among 13 participants with a final score of 199.92 points in the Lombardia Trophy 2014 which was held at Milan Italy last
02 Sep
2014
SM Lifestyle Entertainment, Inc. Receives BSP Stakeholders Award
(2 September 2014. Pasay City, Philippines) SM Lifestyle Entertainment, Inc., (SMLEI) the lifestyle and entertainment solutions company of SM Prime Holdings, was cited for the third year in a row the “Outstanding Partner
01 Sep
2014
SM Prime Retail Bonds Upsized to Php20 billion
(September 01, 2014 Pasay City, Philippines) SM Prime Holdings, Inc. (SMPH) has upsized its retail bond issue to Php20 billion from the initial size of Php15 billion due to the strong
29 Aug
2014
SMDC Turns Over Towers in Makati, Mandaluyong
(29 August 2014. Pasay City, Philippines) SM Development Corp. (SMDC), the residential development arm of property conglomerate SM Prime Holdings, Inc., has turned over more than 2,500 units in two
11 Aug
2014
SM Prime Sets Interest Rates for Php15 Billion Retail Bonds
(12 August 2014, Pasay City, Philippines) SM Prime Holdings, Inc. (SMPH) has set the interest rates for its Peso-denominated Series A, 5.5-year retail bonds at 5.1000% p.a., Series B, 7-year
04 Aug
2014
SM Prime net income up 12% to Php9.8 billion in first half of 2014
(04 August 2014, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property development companies in Southeast Asia, reported a consolidated net income increase of
30 Jul
2014
Michael Martinez to Compete in Skating Grand Prix
(30 July 2014, Pasay City, Philippines) Philippine Olympian Michael Martinez will vie in the International Skating Union (ISU) Grand Prix of Figure Skating (Grand Prix) which starts on October 24
19 Jun
2014
Summer Skate Sizzles in SM Malls
(19 June 2014. Pasay City, Philippines) Four Philippine skaters bested over 100 of their peers in the recently held Summer Skate Competition at the SM Skating Rinks in Mall of Asia and Megamall. Amanda Sophie Hernandez, 6,
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.
