01 Oct
2013
SMDC Turns Over Units of Light Residences in Mandaluyong to Condo Owners
(1 October 2013. Pasay City, Philippines) SM Development Corp.(SMDC), the residential development arm of the SM Group has started the turnover of units at Tower 1 of Light Residences, a
24 Jul
2013
SM Supermalls Tackle Business Resilience Amid Climate Change in 4th Green Retail Agenda
(24 July 2013. Pasay City, Philippines.) SM Supermalls will tackle business continuity amidst climate change in its annual Green Retail Agenda conference on July 24. The SM Green Retail Agenda
15 Jul
2013
SM Prime Builds Xiamen’s First Solar-Powered Mall
(08 July 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. built a 1.1 Megawatt Rooftop Solar Power Project in its mall, the first of its kind in Xiamen, Fujian Province,
11 Jul
2013
SM Prime Shareholders Approve Merger
(10 July 2013. Pasay City, Philippines.) Shareholders of SM Prime Holdings, Inc. (SM Prime) approved today a merger between the company and SM Land, Inc. which will pave the way for the
23 May
2013
SM Prime’s Hans Sy Speaks About Disaster Risk Reduction At UN Forum
(23 May 2013. Pasay City, Philippines.) Investing in disaster risk reduction is good for business, says SM Prime Holdings, Inc. President Hans T. Sy at a global forum organized by
16 May
2013
SM Prime creates new landmark with SM Aura; Sets new standard in green development
(16 May 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) has joined hands with the City of Taguig in a public-private partnership project to support Taguig’s bid to
17 Apr
2013
SM Prime First Quarter Profits Up 15% to Php2.79 Billion
(16 April 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading shopping mall developer and operator which currently owns forty-six malls in the Philippines and five
18 Feb
2013
SM Prime Full Year 2012 Net Income Grows 16% to Php10.53 billion
(18 February 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, exceeded its 2012 profit growth target for a second straight
07 Feb
2013
SM Supermalls extends helping hand to seafaring OFWs
“The Seafarer Center is our humble way of recognizing and honoring our seafarers. Now, they have a place inside a premier mall that they can call their own.” These were
07 Feb
2013
GK project with SM in CDO to see completion soon
Come January 2013, around 200 families who survived typhoon Sendong in Cagayan de Oro may be able to fully start rebuilding their lives after SM Supermalls completed its committed PhP22M
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.
