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
13 Dec
2012
SM Prime to Open Fifth Shopping Mall in China
(13 December 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is scheduled to open SM City Chongqing located in Southwest China,
29 Oct
2012
SM Prime January to September 2012 Profits Up 15% to P7.4 Billion
(29 October 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading shopping mall developer and operator, posted a 15% increase in consolidated net income for the
17 Oct
2012
SM Prime’s SM Seaside City in Cebu Obtains PEZA Registration
(16 October 2012. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) signed on September 4, 2012 the Registration Agreement for SM Seaside City Tourism Economic Zone in Cebu with
27 Sep
2012
SM Prime to Open SM Lanang Premier in Davao
(27 September 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open its 46th shopping mall in the country,
09 Aug
2012
SM Prime to Open SM City General Santos in South Cotabato
(09 August 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open its 45th shopping mall in the country,
30 Jul
2012
SM Prime Boosts Second Quarter 2012 Profits by 16% to Php2.49 Billion
(30 July 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, posted a better than expected 16%increase in net income for
19 Jul
2012
SM Prime to Open SM City San Fernando in Pampanga
(19 July 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open its 44th shopping mall in the country,
29 May
2012
SM Prime Holdings, Inc. Signs Php7.5 Billion Notes Facility Agreement
(May 29, 2012) SM Prime Holdings, Inc. (SM Prime) recently signed a Php7.5 billion notes facility agreement. The notes facility, consisting of five- and ten-year floating rate notes and five-
25 Apr
2012
SM Prime Continues to Outperform in 1Q2012, Earnings Up 15%
(24 April 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, started the year strong by continuing to exceed its growth
23 Dec
2009
SM Supermalls offers new service to OFWs
Overseas Filipino workers (OFW) who are currently in the country can visit the newly opened Global Pinoy Center in various SM Malls and avail themselves of the SM Global Pinoy (GPC) card to enjoy rewards, discounts and freebies from SM Super Malls and other partner establishments.
22 Dec
2009
Arriving OFWs may now meet families at malls, says OWWA
The Overseas Workers Welfare Administration (OWWA) announced yesterday that arriving overseas Filipino workers (OFWs) during this Christmas season are now offered the option to meet their families and other greeters at nearby malls rather than at the airport’s congested parking areas. OWWA Administrator Mae Dimzon said under OWWA’s expanded ‘Pamaskong Pasalubong Program 2009’ for OFWs, they are offered free shuttle rides to avoid heavy traffic at the Ninoy Aquino International Airport, Diosdado Macapagal International Airport or Cebu International Airport during holidays.
22 Dec
2009
Abot Tanaw social media network brings Pinoys closer to home
MANILA, Philippines – With Christmas just a few days away, thousands of regional Pinoy migrants will be spending the Yuletide season somewhere around the country, and about half of them won’t be with their families.
22 Dec
2009
SM North to start by 2011
CEBU, Philippines – The SM Prime Holdings is now finalizing its deal with the property owner for the opening of the first SM Mall in the northern part of Cebu at the Consolacion area in the next two years.
21 Dec
2009
SM Malls join DOE compact fluorescent lamp exchange program
MARILAO, Bulacan-SM malls together with the Department of Energy (DOE) recently launched its compact-fluorescent lamp (CFL) exchange program.
21 Dec
2009
SM’s P270M on hold
CEBU City Mayor Tomas Osmeña has decided to put on hold the P270 million down payment made by an investor whose proposal includes building a mall in the South Road Properties (SRP).
21 Dec
2009
SM North to start by 2011
CEBU, Philippines – The SM Prime Holdings is now finalizing its deal with the property owner for the opening of the first SM Mall in the northern part of Cebu at the Consolacion area in the next two years.
21 Dec
2009
SM Prime plans REIT issue overseas
SM Prime Holdings, the mall development arm of the SM Investments Corporation, is also considering the issuance of real estate investment trusts (REITs) overseas for its China mall holding unit if it is deemed to be more profitable than an initial public stock offering.
21 Dec
2009
SM Prime Looking at REIT to Solidify its Overseas Market Presence
SM Prime Holdings has shared that it is seriously looking at the option of putting in some of its Hong Kong based assets and properties under a Chinese Real Estate
18 Dec
2009
Retail sector anticipates better 2010
CEBU, Philippines – The Cebu retail industry is anticipating a better 2010, as economic indicators are now on the recovery track and industry players looking forward to expansion plans next year.